Self-flying taxi debuts in Dubai

Self-flying taxi debuts in Dubai

The Autonomous Air Taxi (AAT) of Dubai, world’s first self-flying taxi introduced by Dubai’s Road and Transport Authority (RTA), launched its maiden concept trip on Monday near the Jumeirah Beach Park, the official Dubai Media Office reported.  The two-seated AAT,...
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Tukur, Ibru, others elect Dossou-Aworet President of African Business Roundtable

Tukur, Ibru, others elect Dossou-Aworet President of African Business Roundtable

The Executive Board of Directors of African Business Roundtable has elected Founder and Chairman of Petrolin, the Pan African Exploration and Production Oil and Gas Conglomerate, Mr. Samuel Dossou-Aworet as President Africa Business Roundtable (ABR).   Member...
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COSCO gets $54m fleet renewal backing

COSCO gets $54m fleet renewal backing

China’s COSCO Shipping Energy Transportation has received a government subsidy for disposal and retrofit of vessels worth approximately HKD 421 million (USD 54 million). The subsidy is part of revenue-related government grants and is aimed at compensating f...
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US announces new travel ban

US announces new travel ban

The United States has expanded its controversial travel ban to include people from North Korea, Venezuela and Chad. The White House said the restrictions follow a review of information sharing by foreign governments. Donald Trump issued a presidential proclama...
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ESL names 2nd LNG-Fueled Bulker

ESL names 2nd LNG-Fueled Bulker

Helsinki-based shipping company ESL Shipping, a member of the Aspo Group, has named Haaga, the second of the company’s two LNG-fueled dry cargo vessels.   The naming ceremony took place at the Jinling shipyard in Nanjing, China, on September 22,...
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Minister lauds BPE, seeks support for NIPOST agenda

Minister lauds BPE, seeks support for NIPOST agenda

The Nigerian Postal Service (NIPOST) is being reformed to undertake e-commerce and e-government services, the Minister of Communications, Alhaji Abdur-Raheem Adebayo Shittu has said.   According to the Minister, the development is a strategic response to tech...
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Tony Elumelu Entrepreneurs to get technical support from Microsoft

Tony Elumelu Entrepreneurs to get technical support from Microsoft

Through its 4Afrika Initiative, Microsoft has collaborated with the Tony Elumelu Foundation (TEF) as part of measures to provide entrepreneurs in the TEF Entrepreneurship Programme with technology-based tools, resources and mentorship.   According to Microsof...
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ILO implores UN General Assembly on 152 million in child labour, others

ILO implores UN General Assembly on 152 million in child labour, others

New research developed jointly by the International Labour Organization (ILO) and the Walk Free Foundation in partnership with the International Organization for Migration (IOM), has revealed the true scale of modern slavery around the world.   The data, rel...
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Global coalition to boost equal pay for women at work

Global coalition to boost equal pay for women at work

One of the most persistent barriers to women’s success at work and to economic growth, unequal pay, will be actively challenged by a new global partnership, the Equal Pay International Coalition (EPIC) . With the launch of EPIC, the International Labour...
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Employee fraud in UK hits £40m in one year

Employee fraud in UK hits £40m in one year

Businesses in the United Kingdom reported more than £40m in losses from employee fraud in 2016, figures published by Chartered Institute of Personnel Development (CIPD) revealed on Monday. The data, which was obtained by accountancy firm RSM under a freedom.....
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‘Nigeria needs $3t to fix infrastructure’

‘Nigeria needs $3t to fix infrastructure’

Nigeria needs $3 trillion to fix infrastructure deficit in the country over the next three decades, Africa Finance Corporation (AFC) has said.   Speaking at the weekend in Lagos,  AFC President/Chief Executive, Andrew Alli called on government to allow cost...
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Marc Leishman wins 2017 BMW Championship

Marc Leishman wins 2017 BMW Championship

BMW has congratulated Marc Leishman for winning the 2017 BMW Championship on Sunday  at Conway Farms Golf Club in Lake Forest, IL.   Leishman took charge from the start, completing the first round nine-under par and never looking back. Once...
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KPMG sacks management team over financial scandal

KPMG sacks management team over financial scandal

Foremost accountancy firm, KPMG, has removed the leadership team of its South African arm after an internal investigation into work it did for the Gupta family. Chief executive Trevor Hoole, Chairman Ahmed Jaffer, chief operating officer Steven Louw and five.....
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Daimler delivers first electric truck

Daimler delivers first electric truck

Daimler AG has revealed that United Parcel Service will be the first U.S. commercial customer for its new battery-powered eCanter truck.   Also, the company has unveiled agenda to expand its electric truck production as lower cost, longer-range batteries beco...
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