Archive for January 10th, 2018

FINANCES WORSEN AT SOUTH AFRICAN POWER UTILITY ESKOM

| January 10, 2018

JOHANNESBURG, South Africa's State-owned power utility Eskom says its finances have deteriorated further to a point where it now describes its situation as dire.

The parastatal, which is struggling to raise money in capital markets, is currently 23 billion Rand …

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SWEDISH RETAILER H&M APLOGISES FOR AD OF BLACK CHILD MODELING “MONKEY” SWEATSHIRT

| January 10, 2018

JOHANNESBURG, Swedish fashion retailing group H&M has apologised for an advertisement featuring a black child modelling a sweatshirt with the slogan coolest monkey in the jungle and says it has removed it from all its marketing.

The ad was widely …

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Up to 100 Migrant Lives Feared Lost off Libya

| January 10, 2018

Libyan Coast Guard reported Wednesday that up to 100 migrants remain missing in the third deadly shipwreck on the Mediterranean Sea since Saturday. Now, barely a week into the New Year there already are reports of close to 200 migrants …

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