ACSA, Airports Company South Africa on Thursday (15 September) reported its financial results for the year ended March 2022, which it says largely reflect a difficult operating environment for the …
Category:
Transportation & Logisitics
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EconomyKenya NewsTransportation & Logisitics
Standard Gauge Railway profit grow 7.8pc to Sh7.1 billion
Cargo and passenger revenues from the Standard Gauge Railway (SGR) rose 7.8 percent to Sh7.1 billion in the six months to June, extending recovery from the global Covid-19 disruptions. The …
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BusinessSouthern AfricaTransportation & Logisitics
SA Express gets placed by high court in final liquidation
The high court has placed SA Express (SAX) in final liquidation on Wednesday, after it went into provisional liquidation already in April 2020 when a business rescue attempt failed. It …
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AfricaAFRICA NEWSEconomyNewsSouthern AfricaSponsoredTransportation & Logisitics
South Africa imposes higher anti-dumping duties on tyres from China
The South African government has announced new anti-dumping duties of 38.8% on imported tyres from China. Currently, the duties on eight sizes of tyres, for cars as well as large …
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BusinessEastern AfricaEconomyTransportation & Logisitics
New Cargo Vessel Links Kisumu Port to EAC Region for the transportation of goods
A 2,000 tones capacity Marine Vessel, Pamba Wagon Ferry owned by Mango Tree Group commenced the transportation of goods from the Kisumu Port to the East Africa region on Monday. …
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AfricaAFRICA NEWSAviationEconomyNewsNigeriaTransportation & LogisiticsTravel & TourismWestern Africa
Nigeria to penalise foreign airlines selling tickets in dollars
The federal government of Nigeria says it will penalise foreign airlines selling tickets to Nigerians in dollars, insisting that such practice is a violation of Nigerian laws. This was disclosed …
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AfricaAFRICA NEWSAviationBusinessNewsNigeriaTransportation & LogisiticsTravel & TourismWestern Africa
Nigeria signs bilateral air travel agreement with Kuwait
The federal executive council (FEC) has approved the signing of a bilateral air services agreement (BASA) between Nigeria and Kuwait. This was disclosed by Hadi Sirika, the Aviation minister after …
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AviationKenya NewsTransportation & Logisitics
Kenya Airways set to resume daily flight for the New York route in December
Kenya Airways (KQ) will resume its daily flight frequency for the New York route in December, citing a spike in forward bookings for the festive month. The airline had cut …
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Banking, Finance & InvestmentBusinessEthiopiaTransportation & Logisitics
Afrexim bank guarantees import of Sinotrucks worth USD 63 mln
Afrexim Bank is guaranteeing the import of 745 trucks payable by four local banks on behalf of Ethiopian transport businesses with a USD 63 million loan. Afrexim Bank guaranteed Jampur …
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AfricaAFRICA NEWSAviationBusinessNewsSouth AfricaSouthern AfricaTransportation & Logisitics
SA low-cost airline Mango a step closer to sale as preferred bidder delivers proof of funding
South Africa’s low-cost airline Mango is one step closer to being sold as its preferred bidder delivered proof of funding, according to business rescue practitioner Sipho Sono. In his latest …