Tag: Africa

Smaller Operators in Africa See That Energy Transition is ‘Good Business’ and to Use Their Position of Agility to Make the Right Changes Now

Participating in an online ADIPEC Energy Dialogue Webinar, Chikezie Nwosu, CEO of WalterSmith in Nigeria, a world class integrated energy solutions provider said that although the oil and gas industry has previously experienced similar shocks to supply and demand, the impact of the COVID-19 pandemic is being felt over a much shorter period and far more aggressively than before.

“The COVID-19 pandemic has clearly shown us that oil price is not in control of any oil and gas company or country, as even the largest oil-producing countries such as Saudi Arabia and Russia are ill-equipped to adjust to what we are experiencing today,” Nwosu explained. “The focus for companies now is to control their costs to ensure business continuity for when the oil prices eventually recover. This can be done by continuing with the structural costs changes that were made during the pandemic.”

However, Nwosu warns that bad

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ADIPEC: Smaller Operators in Africa See That Energy Transition is ‘Good Business’ and to Use Their Position of Agility to Make the Right Changes Now

ABU DHABI, UAE, Sept. 16, 2020 /PRNewswire/ — The oil and gas industry has been impacted severely due to the COVID-19 pandemic; however, with the industry now actively embracing the digital transition and moving to new grounds to sustain itself, business continuity amidst the current downturn has a pivotal role to play. 

Participating in an online ADIPEC Energy Dialogue Webinar, Chikezie Nwosu, CEO of WalterSmith in Nigeria, a world class integrated energy solutions provider said that although the oil and gas industry has previously experienced similar shocks to supply and demand, the impact of the COVID-19 pandemic is being felt over a much shorter period and far more aggressively than before.

“The COVID-19 pandemic has clearly shown us that oil price is not in control of any oil and gas company or country, as even the largest oil-producing countries such as Saudi Arabia and Russia are ill-equipped

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How to launch an online business in South Africa

Launching an online business is no longer the technical challenge it once was. With basic computer skills and an Internet connection, entrepreneurs and business owners can sell various products and services through the web.

There are limitations to consider, of course. If you are selling a product that needs to be sent via courier to customers, you need to consider the weight and size of what you want to sell.

However, you no longer have to worry about building or implementing all the technology necessary to run an online shop if you do not have web development skills.

Platforms like Facebook, Twitter, Instagram, and WhatsApp allow businesses to establish an online presence without needing to host their own website.

Third-party seller marketplaces like the one offered by Takealot handle payments and logistics, so you don’t have to figure out how to use a payment gateway.

MyBroadband recently spoke to ParcelNinja

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South Africa Readying Economic Reboot Plan, Ramaphosa Says

Cyril Ramaphosa

Photographer: Waldo Swiegers/Bloomberg

South African President Cyril Ramaphosa said consensus is emerging on a plan to revive an economy mired in the worst recession since 1992.

The proposals should be finalized within three weeks and the government will go into overdrive to execute them, Ramaphosa said in an online briefing to the South African National Editors Forum on Wednesday.

“We now need to move forward so we will be able to put the plan to the nation,” he said. “I want to see the implementation taking place and it will be directed from the president’s office.”

The coronavirus and a lockdown imposed in late March to curb its spread brought Africa’s most industrialized economy to a near standstill, with gross domestic product shrinking an annualized 51% in the three months through June from the previous quarter. The unemployment rate, which stood at 30% before the

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United is shifting its strategy as it rebuilds its flight schedule, targeting new pockets of demand in Africa, India, and Hawaii



a large passenger jet flying through a blue sky: "We're using this time to re-envision the network to build back, not necessarily the network that we had, but to build the network for the future of United Airlines," said the airline's head of international route planning. Nicolas Economou/NurPhoto via Getty


© Nicolas Economou/NurPhoto via Getty
“We’re using this time to re-envision the network to build back, not necessarily the network that we had, but to build the network for the future of United Airlines,” said the airline’s head of international route planning. Nicolas Economou/NurPhoto via Getty

  • United Airlines announced new routes on Wednesday, adding service connecting the continental US to Africa, India, and Hawaii.
  • The new routes represent a shift in strategy for United as the airline seeks to capture bright spots in an otherwise weak travel market, and to reposition its network for the post-pandemic world.
  • In an interview with Business Insider, United’s head of international network planning explained how the new routes reflect three distinct approaches.
  • Visit Business Insider’s homepage for more stories.

United Airlines announced a range of new long-haul routes on Wednesday, targeting pockets of demand as it rebuilds its international network.

The airline will launch

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Northern Trust Names Senior Appointments for Middle East and Africa Business

Appointments of Areej Al-Mokbel and Effat Badeeb Support Business Growth and Development of Local Leadership Team

Northern Trust (Nasdaq: NTRS) today announces two strategic appointments to its Middle East and Africa senior management team in The Kingdom of Saudi Arabia. These appointments underscore Northern Trust’s commitment to its clients by recruiting local talent to support the continued growth of its asset servicing and asset management business across the region.

Areej Al-Mokbel has been appointed chief operating officer for the Middle East and Africa, responsible for overseeing business operations for Northern Trust’s offices in Riyadh, Saudi Arabia and Abu Dhabi, United Arab Emirates. She is tasked with the day-to-day and strategic management of Northern Trust’s administrative and operational capabilities as it supports the evolving requirements of clients across the Middle East and Africa.

Al-Mokbel has more than 20 years of experience working in the financial services industry. She has spent over

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