Judicial liquidation looms for South African airline Comair

(Ecofin Agency) – The impacts of Covid-19 are still visible in the finances and activity debits of several airlines. While some hope for an upcoming bailout and/or growth in traffic, others find themselves going into collective proceedings. The liquidation process of Comair, a private airline in South Africa, could be set in motion after business … Read more

a young man who was stabbed, “his life is in danger”

Posted on Monday, May 30, 2022 at 3:58 p.m. Par D. H. A young man believed to be 17 years old was stabbed during a fight on Monday afternoon. His days are endangered. The facts are at this stage qualified as attempted murder… The Brussels Midi police were called this Monday, around 2:30 p.m., for … Read more

After the merger of its banking assets in Rwanda, KCB Group wants to strengthen its investments there

(Ecofin Agency) – One month after the merger of its banking subsidiaries in Rwanda, namely: Banque Populaire du Rwanda and KCB Bank Rwanda, the Kenyan financial holding company KCB Group plans to strengthen its investments in this country. Speaking on Wednesday May 4, during the inauguration of the new banking entity, BPR Bank Rwanda, resulting … Read more

Fintech Wave obtains its electronic money issuer license within WAEMU

(Agence Ecofin) – In the past offering its financial services via mobile, with the help of banking partners, Wave will address its customers directly, in the same way as its competitors. The fintech hopes to expand to new markets within WAEMU other than Ivory Coast and Senegal. The fintech Wave Mobile Money announced this Thursday, … Read more