Results for Africa
- GM South Africa Says No Effect From Parent Bankruptcy
The South African unit of General Motors would not be affected by its parent's bankruptcy filing, a senior official at General Motors South Africa said on Monday, Reuters reported. General Motors Corp filed for bankruptcy on Monday, forcing the 100- ...
Daily Headline - global.abi.org - 06/02/2009 - 09:22 - 0 comments
- Global Crisis Forces African Governments to Turn to IMF
Years after graduating from dependence on the International Monetary Fund, many African countries are having to call upon the fund for assistance to cope with a global economic crisis that is not their fault, Reuters reported. The international economic ...
Daily Headline - global.abi.org - 06/01/2009 - 08:24 - 0 comments
- South Africa Goes Into Recession
economy shrank 1.8% in the previous three months, compared with the same period a year before. The ... economy shrank 1.8% in the previous three months, compared with the same period a year before. ...
Daily Headline - global.abi.org - 05/26/2009 - 08:07 - 0 comments
- You've Got Mail ... And You're Bankrupt
A High Court judge has allowed financial services provider Asteron Life Ltd to serve a bankruptcy notice on a man in South Africa by email, provided it receives a “read reply,” The National Business Review reported. Asteron, formerly Royal and SunAll ...
Daily Headline - global.abi.org - 05/13/2009 - 07:35 - 0 comments
- African Bank Tries to Triple Capital Base
nations agreed at last month’s summit in London to $50 billion (£33.1 billion) of aid, on top of existing ...
Daily Headline - global.abi.org - 05/12/2009 - 07:16 - 0 comments
- Zambian Airways Sued, Under Receivership
airline’s failure to pay US$1,020,78.95 (K5.6 billion) in passenger service charges collected by the airline ... ordered Zambian Airways to pay NACL US$1,033,823.08 (about K5.7 billion) in respect of aeroplane parking, ...
Daily Headline - global.abi.org - 04/03/2009 - 08:39 - 0 comments
- Editorial: Peripheral Care Should Be the Central Concern
$1,440 billion (€1,060 billion, £994 billion) of bank loans coming due in 2009. These loans cannot be ...
Daily Headline - global.abi.org - 03/23/2009 - 09:51 - 0 comments
- Nairobi Manufacturer of Sweets Placed Under Receivership
Nairobi sweets manufacturer Swan Industries has been placed under receivership by Investment and Mortgage Bank (I&M Bank) in a move that threatens to render more than 100 people jobless, Business Daily reported. The Kisumu-based company has been ...
Daily Headline - global.abi.org - 03/09/2009 - 08:18 - 0 comments
- Five Property Route Properties in Receivership
residential scheme in Bowdon, Cheshire, for £1.2 million. Read more. (Seychelles, Victoria) ...
Daily Headline - global.abi.org - 04/13/2010 - 12:43 - 0 comments
- Bankruptcy Looms for South Africa’s Bus Companies
other relevant government departments in a bid to force the state to pay close to R1,2-billion in ...
Daily Headline - global.abi.org - 04/13/2010 - 12:42 - 0 comments