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A South African Airways (SAA) plane is towed at O.R. Tambo International Airport in Johannesburg, South Africa, January 18, 2020. REUTERS-Rogan Ward-File Photo

South African Airways layoff deadline suspended pending court ruling

The deadline for South African Airways (SAA) staff to agree layoff terms has been suspended while a judge considers his ruling in a court case brought by two trade unions at the cash-strapped airline.
SA Express, which flies to domestic and regional destinations, entered a form of bankruptcy protection earlier this year after losing a court battle with a contractor, logistics firm Ziegler.

South African state airline SA Express faces liquidation

A South African court placed state-owned SA Express under “provisional liquidation” on Tuesday after the airline’s administrators said rescue efforts weren’t likely to succeed.

South African Airways secures state-led rescue

South African Airways was placed under a state-led rescue plan on Thursday as part of a massive restructuring following a costly week-long strike last month.
Pravin Gordhan

Minister: Workers’ strike has damaged South African Airways’ reputation

South Africa’s Public Enterprises Minister Pravin Gordhan has stated that the strike action initiated by the country’s aviation unions over pay has caused immense damage to the reputation, operations and finances of South African Airways (SAA).
South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.

South African president wins legal fight with anti-corruption watchdog

President Cyril Ramaphosa won the latest round of a legal battle with South Africa’s anti-corruption watchdog on Monday, as a judge delayed implementation of findings linked to its claim that he misled parliament about a leadership campaign donation.
Pravin Gordhan

Minister: End to power cuts in South Africa not yet known

South Africa’s Public Enterprises Minister, Pravin Gordhan, who oversees power utility, Eskom, said on Tuesday he could not say when rolling blackouts would end.

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The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market indicators resume week with 0.01% growth

The market indicators of the Nigerian Stock Exchange (NSE) resumed transactions for the week on Monday with a marginal growth of 0.01 per cent, amid cautious trading.
EDITORS NOTE: Graphic content / The container ship MSC Samantha of the Meriterranean Shipping Company is docked at the Apapa Port Complex in Lagos, Nigeria's economy hub, on April 8, 2019. - The Nigerian port is congested with hundreds of ships, idly queueing for days to offload containers with goods. Lagos port congestion is affecting port operations and creating a severe backlog at ports, causing carriers’ containers to be held in port for extra days, as well as creating several miles of truck traffic at roads that links to port gates. (Photo by PIUS UTOMI EKPEI / AFP)

NPA: 20 ships discharging petrol other items at Lagos port

The Nigerian Ports Authority (NPA) on Monday said that 20 ships at the Lagos ports were discharging petroleum products and food stuff.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Previous administrations spent N8.9 trillion on subsidy in 10 years

The Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, disclosed that N8.9 trillion was spent on fuel subsidy by the Federal Government, mainly by previous administrations, between 2006 and 2015.
Chairman of the Presidential Taskforce on Covid-19 and Secretary to the Government of the Federation, Mr Boss Mustapha, who stated this yesterday during the daily briefing of the Taskforce, added that the federal government would also put in place measures to control the movement of nomadic herdsmen who go across the border in search of greener pastures for their cattle.

PTF warns against neglect of virus protocols

The Presidential Task Force (PTF) on COVID-19 has warned against perceived neglect of the non-pharmaceutical protocols and other measures aimed at tackling the spread of the coronavirus (COVID-19) pandemic in the country.
Governor Yahaya Bello of Kogi has expressed his administration’s commitment to the development of the education sector as the key to high-level human capital development needed for emancipation of the people.

Kogi governor sacks revenue board

The board of Kogi State Internal Revenue Service (KGIRS) has been sacked with immediate effect.