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In a statement issued today, the United Arab Emirates [UAE] flag carrier Emirates has announced its plans to Increase flights from South Africa to 28 weekly flights starting next month.
This is good news to investors, business community and tourists as Emirates will provide more options for those wishing to visit Dubai or travel to one of the airline’s other 120 destinations across the world.
Furthermore, IATA’s latest world transport statistics showed that Emirates was the largest airline in the world during the unprecedented year of 2020. Over the 12-month period, the UAE national airline carried 15.8 million passengers.
While still a far cry from the numbers of 2019, Dubai-based airline Emirates handled nearly 1.2 million passengers at its hub over July and August.
This is close to triple the digits of 402,000 customers during the same period in 2020. Meanwhile, the airline has used the incentive of the pandemic …
Qatar Airways made its inaugural flight into Harare this week on sixth opening Zimbabwe to a major airline hub and showcasing its confidence in the Second Republic’s efforts to transform the economy.
Zimbabwe is now connected to the massive hub airport at Doha with all its connections around the world. The new routes were the airline’s fifth and sixth destinations in Africa since the outbreak of the Covid-19 in December 2019.
This agreement will see Qatar Airways fly to Harare three times a week from Doha using a Boeing 787 Dreamliner.
In lauding this great infrastructural development project, through his representative, and the Principal Director in the Ministry Mr. Allowance Sango at Robert Gabriel Mugabe International Airport, Transport and Infrastructural Development Minister Felix Mhona said that Zimbabwe and Qatar have had good relations and given that the Middle East country has expressed interest in cooperating in critical sectors for the …
Africa Oil Week (AOW) has been temporarily moved to Dubai (United Arab Emirates) for the 2021 edition, the organisers of the event have confirmed. This will be done at the foothills of the Dubai Expo 2020 and the Global Business Forum Africa 2021.
The event, originally scheduled from 1-5 November in Cape Town, South Africa will now take place on 8-11 November 2021 in the Madinat Jumeirah.
The organisers have also dismissed media reports that the event had been scheduled to go on in South Africa as per the earlier plans.
Dubai is now positioning Africa as a key player in global geo-politics as its support for the continent demonstrates a new hope for many African nations.
According to the organizers, the event’s mandate to stimulate upstream deals and transactions, drive investments into African projects and facilitate new partnerships and networking opportunities will remain the same, as per …
UAE based Emirates Airlines has inked an agreement with Airlink which has paved way for it to enter the Southern African market. The pact with regional airline Airlink is part of Emirates ongoing major expansion in the region even though the Dubai-based company has been cutting off various routes around the World owing to the Covid-19 threat.
The development comes but weeks after South Africa’s state-owned airline, South African Airways, failed to raise the $591 million it needed to bail itself out of the corruption and mismanagement allegations that it was facing.
Earlier this year in June, the SA government had issued a statement that it would step in to bailout the company but on September 30th, media was ablaze with reports of the company shutting down its doors, pending government intervention.
With such a big player out of the picture, it only makes sense that Emirates, …
Last year, during the Dubai Africa Summit in Dubai, African leaders were entertained with various proposals on how to promote trade and commerce with the United Arab Emirates. The meeting sought to increase the influence of the Arabian country in Africa including private business ventures as well as intergovernmental relations.
During this event last year, UAE announced that it expects its non-oil trade to exceed AED 1 trillion for the period extending from 2011 until the end of 2019. Dubai Chamber of Commerce and Industry also announced that it has signed a memorandum of understanding (MoU) with the General Directorate of Residency and Foreigners Affairs (GDRFA) and Dubai Free Zone Council to launch the “Be Part of Dubai” initiative which will see 200 prominent African investors receive UAE Golden Residency Visas.
This trend is catching up with Dubai 2020 commencing at the Africa Union summit. The UAE’S Consortium for Africa…
Dubai’s non-oil trade with Africa will exceed AED 1 trillion for the period extending from 2011 until the end of 2019, according to Majid Saif Al Ghurair, Chairman of Dubai Chamber. The business leader noted that it had already reached AED926 billion in the 2011-2018 period.
H.E. Al Ghurair who was speaking at the fifth edition of the Global Business Forum Africa (GBF Africa) in Dubai as the two-day forum, asserting that the African continent is a key partner in Dubai’s plans to diversify its economy.
Organised by Dubai Chamber of Commerce and Industry (Dubai Chamber) under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
In his opening speech, H.E. Majid Saif Al Ghurair highlighted the long-established UAE-African relations in all fields, and Dubai’s status as Africa’s gateway to new markets building on its strong presence …
For years, Zimbabwe has faced strict trade restrictions as the international community felt there was a gross violation of human rights and political freedoms. This has left Zimbabwe alienated from the league of nations as well as low international trade.
But now, the political times have changed and Zimbabwe is now declaring that it is open for business. The country is committed to creating conducive conditions and incentives for investors, according to Zimbabwean President H.E. Emmerson Mnangagwa.
Speaking at the just-concluded Global Business Forum Africa 2019 in Dubai, Mnangagwa discusses economic reforms in Zimbabwe and new business opportunities emerging across the country.
During an interactive session on the first day of the forum, H.E. Mnangagwa explained that economic zones are being created in Zimbabwe as the government looks to attract foreign investment. He stressed the importance of developing new initiatives that invest in skills development and human capital.
Dubai sits at the crossroads of Africa, the Middle East, Asia and Europe. To say that this is a strategic location would be a major understatement. This city is an incredible story of entrepreneurial success and has become an inspiration for African countries and other developing nations across the globe.
In anticipation of the 2019 edition of the Global Business Forum Africa in Dubai (GBF Africa), FurtherAfrica had the privilege of talking to the man leading an institution that plays a fundamental role in supporting the development of Dubai’s business community. His Excellency Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry has been at the helm of the non-profit public organisation since 2006. International expansion is a major focus for Dubai Chamber which operates 10 representative offices around the world, including 4 in Africa.
Since it began building its presence in Africa, the …
The High Court in Nairobi, Kenya, has ruled in favour of Kenya Revenue Authority(KRA) in a tax related case filed by a Dubai based company.
The company was seeking orders to stop KRA from collecting Ksh2.3 billion(US$238.8 billion) in tax debts from its affiliate company registered and operating in Kenya.
READ ALSO:KRA struggles as stinking rich Kenyans hide trillions abroad
Justice Pauline Nyamweya on September 23, 2019 ruled in favour of KRA and struck out a Judicial Review filed on July 28, 2018 by United Arab Emirates(UAE) registered firm, Suzan General Trading JLT.
Suzan General Trading JLT had sought among others an order to stop KRA from enforcing the warrants and distress notices issued on July 9, 2018 in respect of a tax (customs duty) debt owed by its affiliate company Diplomatic Duty-Free Limited (DDF) amounting to 2, 296,210,133 shillings.
The company had also sought to stop KRA from …
Afrexim Bank is providing a USD 500 million financing facility to fund power transmission, infrastructure and agricultural projects. …