African Airlines Association predicts a significant passenger traffic rise

Travel tips can be hit or miss, with some genuinely helpful and others not worth the effort. South African travelers should avoid myths like booking flights at midnight for the best deals and using a VPN for lower airfare prices. Rolling clothes to save luggage space may not be beneficial for budget airlines with strict weight limits, and skipping travel insurance can be costly in case of emergencies. Exchanging currency at airports can result in...

Outgoing US president Joe Biden is visiting Angola to strengthen ties with the continent, fulfilling a promise to visit sub-Saharan Africa and boost US presence amid China's rising investments. Biden will discuss US investments, meet with Angolan president Joao Lourenco, and address issues like human rights and democracy. Despite concerns about US investments continuing under the Trump administration, Angola seeks to diversify its partnerships beyond China and Russia, highlighting the strategic importance of engaging with...

Afreximbank signed a US$100 million Revolving Trade Finance Facility with JE Energy Limited to support its crude oil contracts in Guyana at the African Energy Week in Cape Town, South Africa. This partnership aims to boost Guyana's international trade and economic growth by leveraging its natural resources. The agreement underscores Afreximbank's commitment to sustainable energy solutions and regional trade ties, highlighting the potential for economic development in Guyana and the wider region. Full Article

Airlink will experience a leadership change as co-founder and CEO Rodger Foster steps down in March 2025 after a successful tenure spanning over three decades. The airline, now a key player in Southern Africa's aviation industry, will see current CFO de Villiers Engelbrecht take over as CEO from April 1, 2025, bringing over 20 years of experience with Airlink. This transition marks a new chapter for Airlink, which now serves 50 destinations in 15 countries...

The Gauteng Department of Education has introduced compliance requirements for food sales on school premises, including registration for vendors, obtaining a valid Certificate of Acceptability, and verifying compliance with regulations. Schools must ensure vendors adhere to guidelines, report incidents, and promote food safety. Non-compliance should be reported promptly, and inspections can be requested if concerns arise about food hygiene or safety. Full Article

November 2024 saw Trump winning the US election, sparking a market frenzy with predictions of market-friendly policies. With a portfolio nearing $2.1m, the month ended with a $150k gain, fueled by ETFs like VTI, VGT, and VCR, as well as single name stocks like RDDT and BRK.B. Fixed income investments were phased out as treasury bill rates decreased, signaling a shift towards stock investments in a high interest rate environment. Full Article