News

Railway projects in Africa by Africa

WBHO, the listed construction and engineering group, is targeting rail construction projects on the African continent.This emerged at a Competition Tribunal hearing last week about the proposed merger between WBHO Construction and Faku Family Enterprises (FFE) with Grindrod Rail Construction South Africa (GRC SA) and Grindrod Rail Construction Company (GRCC), which are part of the …

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Peter Bain Resigns as Old Mutual Asset Management CEO

After six years at the helm of old Mutual Asset Management (Omam), Peter Bain has decided to step down from as president, chief executive and director. Bain, who has held the roles since 2011, will be replaced by the current chairman of the Omam board of directors James Ritchie on an interim basis. Ritchie will …

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Libya smugglers broadcast abuse of African migrants on social media to demand ransoms

Written By Kieran Guilbert DAKAR (Thomson Reuters Foundation) – People smugglers and criminal gangs in Libya are using social media to broadcast the abuse and violence they inflict on African migrants in their captivity and demand ransoms from their families back home, according to the United Nations. In a video posted on Facebook, hundreds of emaciated …

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