Namibia Airports Company: Intends to Employ Namibia Companies for the Extension of its Airports

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- NAMIBIA Airports Company (NAC) has opted in to make do with Namibian companies for contractual work on its airports and other functions with stringent measures that are out of touch with realities. Leake Hangala – Board Chairperson of the Namibia Airports Company (NAC) disclosed on January, 28th 2020 during a media briefing at the Hosea Kutako International Airport. Hangala stated: “We have decided that, we will employ Namibian companies whenever possible. On this project (airport extension), we contracted just Namibian companies and we do not expect them to perform below standard.” He noted, Namibian contractors and entrepreneurs would be prioritized with preferential treatment provided, they...

Saudi Telecom to Purchase, Significant Stake in Vodafone Egypt at US $2.39 Billion

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- EGYPT, Saudi Telecom Company (STC) has revealed that, it would purchase a 55% controlling stake in Vodafone Egypt for US $2.39 billion on January, 29th 2020. This is a pointer in giving the North African telecom operator a total enterprise value of US $4.35 billion, a statement from STC noted. “The potential acquisition of Vodafone Egypt is in line with our expansion strategy in the MENA region,” stated STC CEO – Nasser al-Nasser in the statement. “The transaction, which is still subject to detailed due diligence, confirms STC’s eagerness to maintain a leadership position not only in the KSA, but also in the wider region. Vodafone Egypt is the leading player in the Egyptian mobile market and we look forward...

Angola: US$ 7.6 Billion Spawns from Crude Oil Sale

By Abdul Rahman Suagibu – NEW AFRICA DAILY NEWS, Freetown, Sierra Leone- ANGOLA  4th quarter of last year, sold in crude oil worth US $ 7.6 billion, arising from the export of 117 million barrels, belonging to Sonangol and the international companies operating in the country. In the 3rd quarter of the same year, (June to September), 116.4 million barrels of oil were sold at an conventional price of US $ 62.8 per barrel, while in the previous period (2nd quarter) there was a decrease; as around 121.8 million barrels were exported, that enabled it to collect US 8.5 billion. Of the production in the fourth quarter of 2019, about 39% equivalents to a share of Sonangol and the national concessionaire, with the main destinations being China with 72% followed by Spain with 6% and India with...

Ghana’s President Warned: Don’t Abuse Emergency Services

BY ANIN AGYEI- NEW AFRICA DAILY NEWS, Accra, Ghana- President of Ghana, Nana Addo Dankwa Akufo-Addo, has warned the people of Ghana not to abuse the emergency health care system of the country which has been a major boost to the introduction of a single emergency contact number (112) as well as three hundred and seven (307) State. Commissioning and distribution 307 ambulances under Ghana government’s flagship programme, ‘One Constituency, One Ambulance,’ at the Black Star Square, Nana Akufo-Addo said information available indicates that some citizens have been misusing the emergency service number, a development he says could in itself put the lives of other members of the state at risk. “I will appeal that this improvement in the provision of emergency services is not...