Friday, 13 December 2013

 

Russian Tycoon Risks Losing Key Zim Assets PDF Print Email
Friday, 13 December 2013 16:26 News

Russian Tycoon Risks Losing Key Zim Assets

By Chris Muronzi

HARARE, Zimbabwe, December 13, 2013 (Zimbabwe Independent) -- Russian billionaire Mikhail Prokhorov's Renaissance Capital stands to lose financial and fixed assets in Zimbabwe after its former country boss Terence Mukupe dragged the investment group to the High Court seeking an order to garnish and attach the group's financial and fixed assets due to its failure to pay agreed transactional fees relating to, among others, empowerment compliance deals.


 

Africa: Customer Service, Cost Containment and Continental Duty Drive Ethiopian Airlines - CEO Tewolde PDF Print Email
Friday, 13 December 2013 16:24 Interviews

Africa: Customer Service, Cost Containment and Continental Duty Drive Ethiopian Airlines - CEO Tewolde

AirlineEADDIS ABABA, Ethiopia, December 13, 2013 (AllAfrica) -- Ethiopian Airlines began operations in 1946 as a joint operation managed by the American carrier TWA, using World War II aircraft acquired from the U.S. military to transport passengers and cargo to Cairo and other nearby destinations. During the 1960s and 1970s, the government-owned airline expanded service across Africa and to several European and Asian capitals. Regular service to the United States began in 1998. In 2011, the airline became the third African carrier to join the Star Alliance.


 

 

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