Holders of South African National Roads Agency (Sanral) bonds were “very concerned” about a possible further downgrade to the agency’s debt‚ according to Sanral CFO Inge Mulder. Their other major concern is what a long delay to...
As it battled for a $2-billion South African railway deal, Bombardier Inc. left nothing to chance. Its lobbying strategy was so intimately detailed that it even noted the cigar and jazz tastes of a top South African politician. The inner workings...
One of South Africa’s brightest, richest and most well-connected entrepreneurs, Sandile Zungu, has taken on the head of the passenger rail service, Lucky Montana, over its R126-billion fleet renewal programme. Zungu, who runs his own...
After plane crashes in Nigeria and Ghana killed over 160 people last week, increasing concerns over Africa’s safety record have resulted in Western governments banning dozens of airlines operating in Africa. African airlines in turn have...