Business

Boeing wants 737 Max back flying

On September 12, Boeing started putting out 30-second videos in which employees tout its planes’ safety, hoping to reassure travelers about the 737 MAX that was grounded after two fatal crashes. “Safety is at the core of our business. We have put hundreds of engineers to work to ensure that this airplane is 100 percent […]

Business

Talks on investing in new technologies to save lives

Gauteng MEC for Public Transport and Roads Infrastructure, Jacob Mamabolo, has emphasized the importance of government investing in new technologies and innovative solutions that will save lives on the roads and place the province on a positive growth trajectory. “As the core of the national road network leading to neighbouring countries, international airports and harbours, […]

Business

Investment attraction efforts paying off for SA

South Africa’s efforts to attract investment while also strengthening trade on the continent, are paying off. On Thursday, Cabinet welcomed Toyota South Africa’s (TSAM) investment in Kenya. “Cabinet welcomes the investment by TSAM in Kenya that will see the country reassemble Toyota Hilux kits produced at the company’s manufacturing plant in Durban. This is in […]

Business

NSE Dips by 0.45%

Activities on the nation’s bourse resumed for the week on Monday still on negative territory with crucial market indicators dropping further by 0.45 per cent. Specifically, the market capitalisation lost N59 billion or 0.45 per cent to close at N13.078 trillion against N13.137 trillion. Also, the All-Share Index, which opened at 26,987.45, shed 121.04 points […]

Business

Kenya’s Lori expands to Nigeria

A Kenyan e-logistics company, Lori, has officially announced its expansion to Nigeria in a bid to cement its footprint across Africa. The Chief Operating Officer, Uche Ogboi, said Lori’s mission was to reduce the high cost of transportation of goods, which was up to 75 per cent of the cost of products in some countries […]