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CTC PRACTICE DIRECTION: 541 days after, Nigerian airlines still battle leasing challenges
Businessvanguard-ng8d ago

CTC PRACTICE DIRECTION: 541 days after, Nigerian airlines still battle leasing challenges

•Experts warn reforms may take long to yield results By Dickson Omobola Exactly 541 days after Federal Government, through Chief Judge of the Federal High Court, Justice John Tsoho, signed the Cape Town Convention, CTC, Practice Direction, questions are being raised over why Nigerian airline operators are still struggling to easily dry lease aircraft. CTC Practice Direction […] The post CTC PRACTICE DIRECTION: 541 days after, Nigerian airlines still battle leasing challenges appeared first on...

Why US money may not be enough to break China’s rare earths dominance
BusinessSCMP15d ago

Why US money may not be enough to break China’s rare earths dominance

The United States was out in force in Cape Town this month, throwing down a direct challenge to China at Africa’s biggest mining conference, the Investing in African Mining Indaba. While Chinese firms showed their technological leadership with automation and green energy solutions, officials from the State Department, the Department of Energy and several US development agencies were among the record number of American diplomats and financiers at the event in South Africa. Analysts said the US...

Italian Design Day 2026 in Cape Town celebrates the regeneration of spaces
CultureANSA20d ago

Italian Design Day 2026 in Cape Town celebrates the regeneration of spaces

(ANSA) - CITTÀ DEL CAPO, 23 FEB - Italian Design Day was held on February 20 in Cape Town, promoted by the Italian Consulate to highlight the excellence of Italian design and dialogue with South Africa. The 2026 edition, entitled 'Re-Design. Regenerating spaces, objects, ideas, relationships', focused on the role of design and architecture in urban regeneration and the transformation of everyday spaces, with the aim of improving the quality of environments and the well-being of communities. T...

Africa must deepen intra-continental trade to unlock prosperity — Access Bank GMD
Businessvanguard-ng3d ago

Africa must deepen intra-continental trade to unlock prosperity — Access Bank GMD

By Cynthia Alo The Group Managing Director of Access Bank Plc, Mr.Roosevelt Ogbonna, has called on African policymakers, financiers and businesses to deepen collaboration in order to accelerate intra-African trade and unlock the continent’s economic potentials. Ogbonna made the call yesterday while welcoming participants to the Africa Trade Conference (ATC) 2026 in Cape Town, South Africa, […] The post Africa must deepen intra-continental trade to unlock prosperity — Access Bank GMD appeared ...

Africa Energy Indaba 2026 celebrates landmark success with presidential keynote and strong continental participation
Businessmail-guardian5d ago

Africa Energy Indaba 2026 celebrates landmark success with presidential keynote and strong continental participation

The 18th edition of the Africa Energy Indaba, held from 3–5 March 2026 at the Cape Town International Convention Centre (CTICC), concluded with resounding success, bringing together policymakers, ministers, investors, utilities and industry leaders from across the continent and around the world. Recognised as Africa’s premier energy event, the Africa Energy Indaba once again served as a strategic platform […]

CTC PRACTICE DIRECTION: 541 days after, Nigerian airlines still battle leasing challenges
Businessvanguard-ng9d ago

CTC PRACTICE DIRECTION: 541 days after, Nigerian airlines still battle leasing challenges

Exactly 541 days after Federal Government, through Chief Judge of the Federal High Court, Justice John Tsoho, signed the Cape Town Convention, CTC, Practice Direction, questions are being raised over why Nigerian airline operators are still struggling to easily dry lease aircraft. The post CTC PRACTICE DIRECTION: 541 days after, Nigerian airlines still battle leasing challenges appeared first on Vanguard News.

Why switching Forex brokers at the right time can be a game-changing decision most traders delay too long
Financemail-guardianvanguard-ng20d ago2 sources

Why switching Forex brokers at the right time can be a game-changing decision most traders delay too long

Most South African traders spend years refining entries, indicators, and risk rules, but they often ignore the one decision that can quietly reshape everything: who they trade through. In Johannesburg, Pretoria, Cape Town, and Durban, it is common to see traders blame the market for poor fills or frustrating spreads, when the real issue is […]

Nigeria guarantees asset protection as Dukia, SGS Bateman seal polymetallic mining deal
Businessvanguard-ng21d ago

Nigeria guarantees asset protection as Dukia, SGS Bateman seal polymetallic mining deal

Nigeria’s Minister of Solid Minerals Development, Dele Alake, has assured foreign investors of strong legal protection for mining investments, citing the country’s adherence to the Cape Town Convention on International Interests in Mobile Equipment. The post Nigeria guarantees asset protection as Dukia, SGS Bateman seal polymetallic mining deal appeared first on Vanguard News.

Rome Flynn, Algee Smith, Desi Banks & Siv Ngesi Starring In Action-Comedy ‘Boyz Trip’; Filming Underway In South Africa
Culturedeadline4d ago

Rome Flynn, Algee Smith, Desi Banks & Siv Ngesi Starring In Action-Comedy ‘Boyz Trip’; Filming Underway In South Africa

EXCLUSIVE: Production is underway in Cape Town, South Africa, on action-comedy Boyz Trip, starring Emmy winner Rome Flynn (How To Get Away With Murder), Algee Smith (Euphoria), comedian and actor Desi Banks (Little), and South African actor Siv Ngesi (The Woman King). Directed by Kyle Scott, the synopsis reads: “Tired of their usual yearly meet-up, four […]

Nigerian tugboat sinks off South Africa’s coast
WorldPremium Times12d ago

Nigerian tugboat sinks off South Africa’s coast

The vessel, carrying 18 people, ran aground 18 nautical miles offshore between Cape Town and Durban. The post Nigerian tugboat sinks off South Africa’s coast appeared first on Premium Times Nigeria.

Fire at Cape Town International Airport Disrupts Flights
Worldmail-guardianclub-of-mozambique19d ago2 sources

Fire at Cape Town International Airport Disrupts Flights

A fire on the landside of Cape Town International Airport disrupted operations, leading to the suspension of international departures, diversion of incoming flights, and affecting key IT systems.

Lufthansa can finally sell its tricky new Boeing 787 business class after months of flying it mostly empty
BusinessBusiness Insider27d ago

Lufthansa can finally sell its tricky new Boeing 787 business class after months of flying it mostly empty

Lufthansa's new Allegris business class has faced certification issues on the Boeing 787. It appears to have fixed the problem. MICHAELA STACHE/AFP via Getty Images Lufthansa's Boeing 787 business class debacle is almost over after a yearslong certification delay. The airline has been flying some Dreamliners with only four of the 28 high-dollar seats sold. Lufthansa expects to boost the number of sellable 787 business-class seats to 25 by mid-April. Lufthansa can finally start making money on its Boeing 787 Dreamliners after a certification debacle left one of its most lucrative cabins largely empty for months. The German flag carrier said on Monday that it will begin selling tickets for its Allegris business class on the 787. Allegris, Lufthansa's signature cabin concept, spans economy, premium economy, business, and first class, but the business class rollout has been particularly tricky. The program first launched on the Airbus A350 in May 2024, with the cabin spanning the entire plane. The first Allegris-equipped 787 followed in October 2025, but certification of business class dragged on due to the cabin's complexity: there are five staggered seat configurations in a single airplane cabin — some with doors or more legroom, others with extra-long beds. The middle front-row suite can be combined into a double bed. The first-row window seats have extra workspace. Lufthansa This is because the Dreamliner's geometry — including a slightly tighter usable footprint and different fuselage contouring compared to the A350 — made it harder to demonstrate to regulators that passengers could evacuate quickly from every seat, whether staggered, partially enclosed, or fully cocooned, in an emergency. The result? For months, only four of the 28 business class seats could be sold — the front-row Business Class Suites — leaving the remaining 24 empty. Business class is a cash cow for airlines, and by flying most of the cabin empty as competitors pour investments into their own premium seats, Lufthansa was essentially leaving money on the table. It has been a particularly costly headache for a carrier in the midst of a multi-year turnaround plan to restore profitability after years of financial pressure from frequent maintenance, aircraft shortages, rising operating costs, and labor strikes. Lufthansa even opted for an already-certified business-class seat to retrofit onto its Airbus A380s rather than risk another prolonged and costly certification process. But the saga is nearing the finish line. Beginning April 15, Lufthansa plans to carry passengers in 25 business-class seats on its 787s, with three remaining blocked in the second row of the cabin. Bookings are open, though it's unclear whether the news indicates the seats have been fully certified or if that's just Lufthansa's expected timeline. Lufthansa said "Classic" seats — one of the Allegris categories available — are free to secure with the premium fare. The others require an extra fee: this includes the first-row suites, the "Privacy" seat next to the window, the "Extra Space" seat with more legroom, and the "Extra Long Bed" with an over seven-foot sleeping surface. The three second-row seats that are blocked — and not yet available for booking — are two privacy seats and an extra-legroom seat. Some Allegris seats can be fully enclosed with extra workspace; others can combine into a double bed. LUKAS BARTH/AFP via Getty Images Lufthansa flies eight Allegris-equipped Dreamliners and expects to have 29 by the end of 2027. They are set to first fly from Frankfurt to Rio de Janeiro, Bogota, Cape Town, Shanghai, Hyderabad, Hong Kong, and Austin; New York-JFK and Los Angeles join the roster in June, followed by Delhi in July. As part of Lufthansa's greater multibillion-dollar fleet overhaul plan, Allegris is also being fit onto the airline's existing A350s and Boeing 747-8s, as well as its future, yet-to-be-certified Boeing 777Xs. A similar spacing issue on the 747 double-deckers' upper level means it will have a split business class: the lower deck will have Allegris, while upstairs will feature the plane's original cabin. Read the original article on Business Insider