Updates

South Africa’s Treasury talks with banks to roll over SAA debt

June 27, 2017/Reuters South Africa’s Treasury on Tuesday said it was in talks with banks to possibly roll over around 9 billion rand ($695 million)worth of maturing debt due by struggling state airliner South African Airways’ (SAA) at month-end, a senior official said. Treasury Director General Dondo Mogajane told legislators […]

EU hits Google with a record antitrust fine of $2.7 billion

June 27, 2017/CNBC Google slapped with 2.4 billion euro ($2.7 billion) fine over antitrust abuses. The fine is the largest to be doled out by EU regulators. Google will have the opportunity to appeal to the European Court of Justice. Karen Gilchrist | Anita Balakrishnan Google has been fined a […]

UBA Foundation launches Read Africa in Liberia

June 27, 2017/UBA Foundation In pursuance of its mission to uplift the lives of the communities in which the United bank for Africa (Plc) operates, UBA Foundation’s initiative, Read Africa is visiting schools in African countries to encourage young children embrace the culture of reading. Read Africa is an initiative […]