MultiChoice says it had benefited from favourable foreign exchange movements, cut costs and improved the performance of its businesses elsewhere in Africa
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Baloyi’s resignation follows that of another board member in September, Nombulelo Pinky Moholi, who quit in the midst of a protracted legal battle between the company and its former CEO Peter Moyo
Emirates says it could take several years to recover from the massive slump in passenger demand caused by the COVID-19 pandemic
Qatar Airways and Flydubai airlines will be the first Middle East-registered airlines to fly to Tanzania this month
MultiChoice will provide more information in the next few weeks, which will include details on how consumers will interface and engage with content from these streaming services
European and American airlines are now planning to increase capacity more than expected
Research firms says there are signs that travel intent is beginning to gain momentum in MEA
The ticking debt bomb in Africa threatens a global explosion
The embattled retail group says it has had various offers for its divisions, and its survival depends on these sales
The bankrupt state-owned carrier has also negotiated a reduction in lease rates for its remaining dry-leased aircraft