The truly savvy business person in Africa always demonstrates class and professionalism by selecting a restaurant that not only oozes a distinctly South African cosmopolitan look and feel, but packs a menu of top class that goes well with a great business conversation. South Africa’s top 3 cities, Johannesburg, Durban and Cape Town, are home to some of the best restaurants in the country that provide an ideal setting for you, your colleagues, and business partners. Enjoy great food while conversing over business, and raise a glass of some of the finest wine while sealing that big deal. Whatever your taste and preferred ambience, the different restaurants are sure to cater to what you’re looking for.
December 06, 2017 04:07 UTC
by Jumana Abdel-Razzaq on Dec 6, 2017RELATED ARTICLES: Evonik opens coatings laboratory in TurkeySpecialty chemicals firm Evonik has appointed Hendrik Schönfelder as president for Middle East & Africa (MEA). Schönfelder's appointment follows the merger of the former regions Sub-Sahara Africa and the Middle East & North Africa into one regional platform. After obtaining his doctorate in chemical engineering from Technical University Hamburg, Schönfelder began his professional career with BASF in 1995. Schönfelder occupied various roles covering R&D, investment projects, Regional Sales and Global Business Management for the polyolefins business of BASF and its succession companies. “I have worked on several projects in my career that covered the Middle East and Africa and developed a special affinity for the region,” he said.
December 06, 2017 02:03 UTC
Trump is planning to sign a six-month waiver on moving the US embassy to Jerusalem, US media reported, after news leaks spoke of an upcoming recognition of Jerusalem as capital of Israel triggering strong condemnation across the Muslim world. These reports come after President Trump told Palestinian, Jordanian and Egyptian governments that he intends to move the US Embassy in Israel to Jerusalem, a step that could upend the White House’s peace efforts and spark regional unrest. Leaders in Palestine, the Muslim World and Europe responded with warnings of a new Palestinian uprising, saying such a decision would bury all peace efforts in the Middle East. “The Middle East region is in the grip of several serious crises, in addition to a series of tensions and many perils. Israel regards the city as its undivided capital, while Palestinians see majority-Arab East Jerusalem as the seat of their future state.
December 06, 2017 01:41 UTC
Africa was a salient theme in all cooperation prospects discussed during the 13th Moroccan-Portuguese High-Level Meeting in Rabat. He said that the development efforts led by Morocco in favor of Africa offer opportunities for Portuguese enterprises that are willing to partner with Moroccan counterparts in setting up joint projects in “the continent of the future”. In this context, he invited Moroccan and Portuguese entrepreneurs to cooperate in order to seize the investment opportunities in the continent. He also expressed satisfaction with Morocco becoming the second economic partner for Portugal in Africa and the first in North Africa. Between 2010 and 2014, Morocco imports from Portugal grew 82% while its exports rose by 131%.
December 06, 2017 00:45 UTC
press releaseTunis, Tunisia — IFC, a member of the World Bank Group, is investing €15 million in a new private equity fund by AfricInvest, a leading private equity fund manager, to help expand access to finance for small and medium enterprises in North Africa. IFC's financing will help Maghreb Private Equity Fund IV to invest in up to 15 companies primarily in Tunisia, Algeria, Morocco, and Egypt. Private equity investments are crucial for the region's development and stability as they help create new jobs, drive economic growth, and encourage further investments in related sectors. "AfricInvest has been instrumental in promoting the private equity industry across the region," said Mouayed Makhlouf, IFC Director for the Middle East and North Africa. It is part of our broader work in the region to support small and medium enterprises and help them create jobs."
December 05, 2017 21:11 UTC
The flight to Eritrea will operate once a week on Sundays. Follow > Disable alert for Adel Al Ali Disable alert for Air Arabia Disable alert for Asmara Follow >AIR Arabia, the Middle East and North Africa’s first and largest low-cost carrier (LCC), announced Tuesday that Asmara will become its first destination in Eritrea, starting from Dec.10, 2017. Situated in the Horn of Africa, Eritrea is home to some delightful modernist architecture, and a unique art deco scene for visitors to behold. The return flight will depart Asmara on Mondays at 01:40, landing in Sharjah the next day at 06:20 hours local time. Adel Al Ali, Group Chief Executive Officer of Air Arabia, said “Eritrea is on the path to becoming an important market for the UAE.
December 05, 2017 20:03 UTC
According to international resolutions, including those of the Security Council, Jerusalem is at the heart of final status issues. Thus, “its legal status needs to be preserved and nothing should be undertaken that might affect its current political status”, insisted King Mohammed VI. But press reports last week said he planned to announce that the United States recognizes Jerusalem as the capital of Israel, but take no action on moving the embassy. According to press reports, Tuesday, President Trump has told the Palestinian President Mahmoud Abbas over the phone that he “intends to move” the US embassy in Israel from Tel Aviv to Jerusalem. However, Trump’s son-in-law and senior adviser, Jared Kushner, told the Brookings Institution the president hasn’t decided on whether to recognize the capital or move the embassy.
December 05, 2017 20:03 UTC
The King “voiced his flat refusal of any action that could undermine the multi-religious aspect of the holy city or alter its legal and political status,” the statement added. The Palestinian president, on his part, hailed the King’s role and action, and deplored the fact that the American administration’s agenda includes such “inappropriate initiative”. He expressed the deep concern of the Palestinian authority over the serious consequences of this matter on the peace process in the Middle East and the region’s security and stability, the statement noted. It added that the two leaders agreed to maintain direct contacts and continuous consultations on this issue, as well as a close coordination between the two governments to set, together, steps to take and actions to undertake. In this connection, King Mohammed VI also sent a message to President Trump expressing his own concerns and the concerns of Arab and Muslim countries over the persistent news of the UN Administration’s intentions.
December 05, 2017 19:52 UTC
The monarch of the Ashanti Kingdom of Ghana, Otumfuo Osei Tutu II, has donned the sacred traditional smock for the final funeral rites of his late mother and Queen Mother of the Kingdom, Nana Afia Serwaa Ampem II, who died a year ago. The centuries-old smock was last worn by the King some 18 years ago during his enstoolment at Manhyia, in the heart of Kumasi, the capital of the Ashanti Region. The sacred ‘Batakari’ traces its root to the north during the time of the Ashanti conquest of the region. Known as the ‘Batakari Kesee’, meaning the big smock, this sacred armor attire is kept and worn by the Ashanti King only on special traditional occasions. The Kumasi township stood still, as all shops were closed in observance of the traditional rites.
December 05, 2017 18:45 UTC
French car manufacturer has unveiled plans to assemble its latest pick-up truck model in Tunisia. The certificate exempts manufacturers from export taxes, provided they can show that 40 pc of value was created locally. Local assembly will allow automakers to bypass the controversial vehicle import quota currently in place. Official industry players are also hindered by high import taxes. The rate of duties in Tunisia is among the highest in the world, ranging from 20 pc to over 100 pc of the imported value.
December 05, 2017 17:15 UTC
President Emmanuel Macron of France is expected in Algiers Wednesday, for his first visit since he took office in May, and a meeting with ailing President Abdel Aziz Bouteflika is on the schedule. In March this year, Iranian President Hassan Rohani postponed sine die a visit to Algeria, and the Algeria state-run news agency said the visit has been postponed due to “temporary unavailability” of the Algerian President. During his stopover in Algiers Wednesday on his way to Qatar, President Macron is expected to visit Bouteflika at his private residence of Zeralda, if the visit ever takes place. The French President will nonetheless meet with Prime Minister Ahmed Ouyahia and Abdelkader Bensalah, the Speaker of of the Senate. Algerian authorities had then accused some French papers of undermining the honor and prestige of President Bouteflika.
December 05, 2017 17:03 UTC
He’s representing Ghana at the Winter Olympics. “Our objective now is to be the best representation of Africa that the Winter Olympics have ever witnessed,” she added. The Nigerian Women’s Bobsled Team gained sponsorship from Visa and Under Armour to prepare them for the Winter Olympics history. African history at the Winter OlympicsAfrica has been represented at the Winter Olympics largely by skiers since 1984. Nigeria’s Women’s Bobsled Team which sponsored themselves to become the first Nigerian team and African Bobsled team to qualify for the Winter Olympics made it to THE ELLEN SHOW.
December 05, 2017 14:37 UTC
IATA forecasts a strong year for airlines in 2018December 5, 2017: The latest release from the International Air Transport Association (IATA) forecasts the airlines to continue stronger performance through 2018. Cargo revenues will continue to do well in 2018, reaching $59.2 billion (up 8.6 percent from 2017 revenues of $54.5 billion). Regional outlookAll regions are expected to report improved profitability in 2018, and all regions are expected to see demand growth outpace capacity expansion. Asia-PacificAirlines in Asia Pacific are forecast to see profits of $9 billion in 2018 (up from $8.3 billion in 2017). The value of goods carried by airlines is expected to exceed $6.2 trillion in 2018, representing 7.4 percent of world GDP.
December 05, 2017 13:52 UTC
Sierra Leone: Parliament approves Bumbuna II hydropower projectParliament has approved project documents for the Bumbuna II hydropower project, which on completion will provide the much-needed power all year round. This approval follows after government signed the 25-year Power Purchase and Implementation Agreements with Joule Africa in August 2017. Construction on the extension is anticipated to start in the second half of 2018 with operations forecast to start four years later. Seli Hydropower, will be responsible for building, owning and operating Bumbuna II and will also be responsible for operating Bumbuna I. Commenting on this announcement, Patrick Beckley, chairman of Seli Hydropower, said: “We would like to thank the government of Sierra Leone for their on-going support and in maintaining their commitment to the Bumbuna II project ahead of General Elections in early 2018.
December 05, 2017 13:07 UTC
Higher GreenStream deliveries lift North African exportsItalian imports of gas via GreenStream were up by 21.5% last week, helping take overall Africa-Europe exports to 920.7 MMcmItalian imports of gas via GreenStream were up by 21.5% last week, helping take overall Africa-Europe exports to 920.7 MMcm.
December 05, 2017 12:41 UTC