... all passengers were carried through the Lagos-London route in 16 years -- airline is giving away generous discounts to its customers to mark the period Virgin Atlantic said it has carried over three million Nigerian passengers between Lagos and London Heathrow in the last 16 years it commenced flight operations between
Business
Uber drivers now considered employees in South Africa
– here’s what it means On Wednesday the Commission for Conciliation, Mediation and Arbitration (CCMA) ruled that South Africa’s Uber drivers were not independent contractors but must instead be considered full-blown employees. In effect, this means that these drivers are given the full protection of the Labour Relations Act which includes strict rules on
Transportation Startup Transfix Raises $42 Million From Investors
Freight-booking company connects shippers with trucking fleets via an app and website Transfix, an online service helping companies to hire trucks to move their goods, said Wednesday it had raised $42 million from investors, in one of the largest funding rounds to date for a freight booking startup. The Series C funding
UBER AND YANDEX AGREE TO COMBINE RIDE-SHARING BUSINESSES IN RUSSIA
Uber and Yandex (the Google of Russia) have announced that they will be combining their ride-sharing businesses in Russia and will extend to five nearby markets namely Azerbaijan, Belarus, Kazakhstan, Armenia and Georgia. Yandex will contribute $100 million into a new joint company in which Yandex will own 59.3 percent and employees
Will you fly a commercial airplane without seats?
Budget airline wants to introduce standing room only flights Considering removing the seats from its airplanes. VivaColombia is not the first airline to play around with the idea. So far, regulators have not approved the idea for safety concerns. Colombian budget airline VivaColombia is considering ripping out all the seats from its
Auto startup led by ex-Apple engineers that raised $50 million is reportedly shutting down
It built a fancy digital rear-view camera — but it reportedly sold poorly, and the company turned down opportunities to be acquired. The view from the Pearl RearVision rear-view camera. (Pearl) A startup built by ex-Apple engineers that raised $50 million (£39 million) to build automotive tech has shut down, according to a
Airbag Maker Takata Files for Bankruptcy Over Lawsuit Against it
...says it will be bought for $1.6 billion (Reuters) - Japan's Takata Corp, the firm at the centre of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based rival Key Safety Systems. In
NAMA directors, restates commitment to auto policy
National Automotive Design and Development Council (NADDC) has renewed its commitment to the implementation of the Nigerian Automotive Industry Development Plan (NAIDP) in the interest of the country’s auto sector. In addition, the council would team up with stakeholders towards ensuring early enactment of the auto policy into law by the
Bus Operators in Nigeria to Merge in 60 Days
ALBON, AMTO, BTOA, Inter-State operators in the deal A communiqué issued at the end of the inaugural conference of the Association of Luxury Bus Owners of Nigeria (ALBON), the Association of Mass Transit Operators of Nigeria (AMTO) coalition on the Nigerian Economy and Road Passenger Transport at Lagos Airport Hotel, Ikeja
Logistics WhatsApp Group
Operators in Nigeria only Three months ago I created a WhatsApp group for Logistics and supply-chain professionals and enthusiasts in Nigeria that are at CEO, executive management and senior lecturer levels of their organization called, 'Logistics Connect'. Our number is growing. Are you in the profession or linked to it and practicing