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South Africa urges its banks to innovate

Bloomberg South Africa will strive to allow competition into its banking system in a way that won’t threaten the stability of the industry as more and more entrants seek to rival the nation’s biggest lenders, said Kuben Naidoo, the chief executive of the Prudential Authority. While many new banking licenses are expected to be granted, these would be done within ...

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World’s longest flight makes a comeback

Bloomberg Long-haul flights half way across the globe are making a comeback even with oil prices close to their highest in four years. About six months after Qantas Airways Ltd. started a direct service from Perth to London, Singapore Airlines Ltd. is bringing back its 10,400-mile jump to New York on October 11. Advances in technology and the advent of ...

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Thyssenkrupp enables best arrivals experience at Kotoka airport terminal

Dubai / Emirates Business Thyssenkrupp, in partnership with its local distributor ARG Africa Ltd, is bringing its superior airport mobility expertise to Kotoka International Airport’s brand-new Terminal 3, including seven passenger boarding bridges, three escalators, 16 elevators, and over 40 auxiliary equipment units. The company has previously supplied solutions at airports across Africa, including Algeria, Cameroon, South Africa, Kenya and ...

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