Kenya's parliament voted to nationalise the country's main airline Kenya Airways to save it from mounting debts. The loss-making airline, which is 48.9 per cent government-owned and 7.8 per cent held by Air France-KLM, has been struggling to return to profitability and growth but is this the best long term solution for the struggling carrier? Tony Payne, Partner at DLA Piper joins CNBC Africa for more.
It’s the road to Davos, this morning the leader of the South African delegation. Tito Mboweni set out his pointers on how his going to sell his country to the world. CNBC Africa’s Chris Bishop filed this report.
Many have rejoiced at the reappointment of the Reserve Bank Governor, Lesetja Kganyago as it will ensure the SARB’s firm independence. Kganyago is serving his second five year term and CNBC Africa’s Fifi Peters spoke with him on his legacy.