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Tue 16th Nov 2021
Nuus 08:00
Tue 16th Nov 2021
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NEWSFLASH NEWS AGENCY 16 November 8 am

Good morning,

In this bulletin:

# The process of securing an investor for Mango airline is taking longer than expected
# The Automobile Association is calling for the implementation of AARTO to be halted
# And, Justin Bieber is set to perform in Cape Town and Johannesburg next year

# Mango business rescue practitioner Sipho Sono says the process of securing an investor for the airline will take some time. The low-cost airline which is owned by the government and is a subsidiary of SAA, was placed under business rescue in July. Mango’s creditors’ meeting to vote on the proposed business rescue plan for the airline was postponed yesterday as SAA wanted an amendment. Sono says the amendment to the plan is to cater for resumption of operations only once the process of securing an investor has been concluded.

# The Road Traffic Management Agency’s termination of the employment contract of its former CEO raises serious questions about the future of the Administrative Adjudication of Road Traffic Offences. This is the view of the Automobile Association. Japh Chuwe’s contract was terminated last month. The association’s Layton Beard says in light of the termination of the services of Chuwe, attempts to roll out AARTO must be halted, and that the AARTO Act be repealed:

Play sound: ENg LaytonOnAarto

# The European Union has expanded its sanctions against Belarus. According to the Guardian, the EU accuses Alexander Lukashenko’s regime of waging a hybrid attack against the bloc, by allowing people from the Middle East who are desperate to reach the EU to fly into Minsk and then head for the Polish border. Lukashenko has vowed to retaliate against the sanctions. EU’s Josep Borrell says the Belarusian airline Belavia will be affected by the sanctions:

Play sound: ENG BorrellOnBelarus

# Tennis: Twenty-time Grand Slam champion Novak Djokovic says finishing the year as the world number one for the seventh time is amazing. He was awarded the year-end ATP Tour number one trophy in Turin, Italy yesterday following, his straight-sets victory against Casper Ruud at the ATP Finals. The 34-year-old won the first three majors of the season at the Australian Open, French Open, and Wimbledon. Meanwhile, Andrey Rublev kicked off his ATP Finals campaign with a 6-4, 6-4 win against Stefanos Tsitsipas.

# Financial indicators: The dollar is trading at 15-rand-19-cents and the euro at 17-rand-30-cents. One British pound costs 20-rand-39-cents and Bitcoin trades at 61-thousand-406-dollar-7-cents. Gold is selling at one thousand-865-dollars-53-cents a fine ounce and Brent crude oil is quoted at 82-dollars-70-cents a barrel.

# And finally: South Africa will be one of the stops on Justin Bieber’s much-anticipated world tour next year. He will be performing in Cape Town on the 28th of September and Johannesburg on the first of October as part of the Justice World Tour. Bieber will tour from May next year through to March 2023, covering five continents and more than 20 countries. The singer says they have been working hard to create the best show and he cannot wait to share it with fans around the world.

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