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SAA's business rescue practitioner comes with some serious credentials
December 8, 2019

JOHANNESBURG - The struggling SAA board this week entrusted Les Matuson to rescue it out of the turbulence it had been stuck in since 2011.

Matuson was appointed as the SAA business rescue practitioner with a backup of a further R4 billion from the fiscus.

His job would entail returning the struggling to solvency or to maximise value for its creditors.


December 5, 2019

The Ministry of Energy announces here on Wednesday the government’s intention to revive the German project “Desertec”, which has been frozen for years for unknown reasons saying that a memorandum of understanding will soon be signed between Algerian specialized companies and the German organization.

December 2, 2019

ALGIERS (Reuters) - Algeria’s spending on imports of cereals dropped 12% in the first nine months of 2019 compared with the same period last year, official data showed on Saturday.

Algeria, one of the world’s biggest grain importers,"...

December 8, 2019

Algeria's state grains agency OAIC has purchased about 500,000 tonnes of milling wheat in an international tender that closed on Wednesday, European traders said on Thursday. Initial unconfirmed trade estimates put the purchase at about 480,000 tonnes to 510,000 tonnes, with most estimates at about 500,000 tonnes.

First trader assessments put prices paid at about $227 to $228 a tonne c&f. One"...

December 8, 2019

VF Corporation (NYSE: VFC), one of the world’s largest apparel, footwear and accessories companies, today published the latest iteration of its Made for Change Sustainability & Responsibility report, including the announcement of industry-leading science-based targets (SBTs) and a bold vision for sustainable materials.

VF’s Made for Change report details the company’s aspirations"...

December 8, 2019

Following a comprehensive procurement process, we’re excited to announce that SHRM--Society for Human Resource Management®, the voice of all things work, has selected Prometric® as its strategic testing partner. Under the renewal, Prometric will assist in the delivery of the SHRM Certified Professional (SHRM-CP®) and SHRM Senior Certified Professional (SHRM-SCP®) exam programs—the global certification standard for the HR profession. This agreement"...

December 8, 2019

BenQ, internationally renowned provider of digital lifestyle devices, today launched its brand-new EX2780Q gaming monitor equipped with exclusive HDRi technology with intelligent visual optimization, tailored 2.1 channel Hi-Fi audio, and full-function of eye-care technology for the most immersive in-game experience. The 27” QHD gaming monitor adopts IPS panel, and comes along with144Hz refresh rate, FreeSync, Black eQualizer, Color Vibrance, and a USB-C port.


December 8, 2019

Ulrich Leidecker, President of the Business Area Industry Management and Automation, spoke at a press conference held at the SPS specialist automation trade fair in Nuremburg (November 26-28, 2019) about the development of Phoenix Contact's business situation in a year that was characterized by an uncertain global political situation.

As in the previous year, regional sales performance has been relatively"...

December 8, 2019

Kanguru is proud to announce the launch of the world’s first OS Agnostic, Fingerprint Access Hardware Encrypted Flash Drive with remote management capability. This new biometric fingerprint access flash drive supplants the bulky pinpads and fussy combo keypads of leading encrypted devices, making it much more convenient and easy to use. With just a tap of the finger, the new Kanguru Defender Bio-Elite30™ Fingerprint Hardware Encrypted Flash Drive provides quick access"...