Alec Hogg’s regular column covering investment, economics, moneycraft and, occasionally, something very personal.
All Africans should have a quiet celebration today. Something that was unthinkable just two decades ago is passing as the norm. The continent’s most populous nation, Nigeria, has concluded a free and fair election where the incumbent lost.
The co-pilot believed to have deliberately crashed a Germanwings plane into the French Alps was classified as suicidal “several years ago” but had appeared more stable of late, German prosecutors said.
Eskom Chairman Zola Tsotsi has stepped down, the South African power utility said on Tuesday, after the board accused him of acting improperly by suspending the chief executive.
DNA of more than half of the victims of the tragic Germanwings crash has been found. No bodies have been found in tact and task teams picking through the debris are having a tough time on the mountainous terrain.
Solar Impulse 2 took off from Myanmar’s second biggest city of Mandalay early Monday and headed for China’s Chongqing, the fifth flight of a landmark journey to circumnavigate the globe powered solely by the sun.
It has been a terribly tragic week for the aviation industry with the Germanwings crash. Latest reports reveal that the co-pilot of the crashed plane, Andreas Lubitz, once said, “one day everyone will know my name”. Lubitz has been accused of deliberately crashing the plane into the French Alps.
It’s been a terribly tragic year or so for the aviation industry. Numerous air accidents have left travelers uneasy, now even more so with the latest crash of a Germanwings plane. Read up on the final minutes before the plane crashed into the side of a mountain in France.
Today Heinz is acquiring Kraft, more or less: Heinz’s shareholders, mostly Berkshire and 3G, will end up owning 51 percent of the combined Heinzkraft, while Kraft’s existing public shareholders will own the other 49 percent.
Public sector wage talks have been one-way traffic for years. Government officials may huff and puff, but their political masters knows who voted them into power.
H.J. Heinz Co. announced plans on Wednesday to buy Kraft and create one of the world’s largest food and beverage companies.