The National Union of Metal Workers of South Africa (Numsa) and the Cabin Crew Association (SACCA) say they will picket outside the South African Airways (SAA) headquarters in Johannesburg to demand that funding be made available for the airline.
The South African Reserve Bank on Thursday left the door open for a final rate cut before Christmas after two members of the Monetary Policy Committee (MPC) voted in favour of a 25 basis point rates cut.
The Saudi Energy Minister warned traders on Thursday against betting heavily in the oil market saying he will try to make the market “jumpy” and promised those who gamble on the oil price would be hurt “like hell”.
An Amsterdam court on Thursday froze a stake held by Exem Energy, a company owned by the husband of Angola’s former first daughter Isabel dos Santos, in a dispute over a deal struck with Angolan state oil firm Sonangol in 2006.
UN food chief David Beasley called on the world’s billionaires on Thursday to step up to help save some 30 million people he said are at risk of dying if they don’t receive help from the World Food Programme(WFP).
The chairperson of Libya’s National Oil Corporation (NOC) said on Friday that lifting the force majeure restrictions that have halted oil exports from the war-torn country depends on demilitarising all oil facilities.