South Africa's national airline is being placed under bankruptcy protection

South African Airways (SAA) is likely to get a 2 billion rand ($136 million) boost from the government and another 2 billion from existing lenders as it enters rescue proceedings from Dec. 5, a minister said on Thursday.

And Jkia too.
Rwanda wants to become hub for east and central Africa

A South African power company has given former Kenya Airways chief executive Mbuvi Ngunze a plum board position.

Mr Ngunze will chair Mettle Solar Investments, which provides energy solutions to its pool of clients across Africa, and will see him steer the firm’s continental growth ambitions.

He left Kenya Airways in 2017 after backlash from labour unions for the poor performance of the airline, which had sunk into heavy losses, largely seen as an impact of poor decisions by previous management.

He has since been appointed as a senior adviser with Catalyst Principal Partners.

In a statement last week, Gridworks, the firm which appointed Ngunze to the board after making an investment in Mettle, said the company plans to grow its presence in Africa where it has projects in just a handful of countries.


Btw Interim CEO to be announced in a few.

I might be wrong but I still wonder how Rwanda will progress after PK, most of the ministers are corrupt to the core only that they tone it down coz they know once caught you are done. But good thing with development is that as a nation the rich will be having something to protect