Johannesburg / AFP Spiralling debt, massive losses and a widely-criticised boss. For many, the problems besetting South African Airways (SAA), the state-owned national airline, are emblematic of issues roiling President Jacob Zuma’s government and fuelling unease among foreign investors. SAA is “on the brink of disaster”, Mmusi Maimane, head of the opposition Democratic Alliance (DA) party, said in a …

  Bloomberg Theresa May will use her time at this week’s United Nations General Assembly to push for a resolution for countries to work together on aviation security, in the wake of a series of attacks on airplanes and airports in the last year. The new UK prime minister, who was responsible for counter-terrorism efforts in her previous role as …

  Bloomberg Financial markets have coped well with Brexit and other potentially disruptive political developments recently but asset prices may be running too high and the potential risks to market stability are growing, a report warned on Sunday. In its Quarterly Review, the usually guarded Bank for International Settlements didn’t explicitly say that stock and bond markets are bubbles waiting …