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Africa

Cricket: South Africa won’t reduce player salaries for 2020-21 season

· March 31, 2020 ·

CAPE TOWN: Player salaries for the South African 2020-21 cricket season are safe, but the long-term effects of the coronavirus pandemic could mean the country's cricketers earn less in the future, Cricket South Africa Acting CEO Jacques Faul has said. A number of sports teams and organisations around the world have either reduced the salaries of players and officials, or cut their staff numbers in the wake of the virus outbreak that has crippled global sport. Faul said CSA, who contract players on a yearly basis, will not follow suit, but believed the longer-term prospects for player income is of great concern. "We have budgeted for the amount. It is a centralised system and both the national team and franchise players are budgeted for," Faul told local media on Tuesday. "At this stage we will have enough capacity to see us through the season. "But in the long term, even if we cover this season, we will have to look at what the situation is going to be after that and the … [Read more...] about Cricket: South Africa won’t reduce player salaries for 2020-21 season

Rocket Internet sells stake in Africa ecommerce firm Jumia

· April 2, 2020 ·

BERLIN: German tech investor Rocket Internet said on Thursday it had sold its stake in African e-commerce company Jumia, which has seen its shares steadily fall since they listed last April on Wall Street. Rocket Internet, which had held an 11 per cent stake in Jumia as of Nov 8, sold its holding between then and the onset of the coronavirus crisis, Bettina Curtze, the firm's head of finance and investments, told journalists, declining to be more precise. Curtze declined to reveal what proceeds Rocket Internet made from the sale, but said they were included in the €2.1 billion (US$2.30 billion) of net cash the company had as of Mar 31. Jumia shares soared when the company became the first African tech stock to list on Wall Street on Apr 12 but tumbled a month later after Citron Research, run by short-seller Andrew Left, questioned some of its sales figures. Jumia reported in February that its fourth-quarter adjusted loss before interest, taxation, depreciation and … [Read more...] about Rocket Internet sells stake in Africa ecommerce firm Jumia

Decision on July internationals to be made this month

· April 2, 2020 ·

CAPE TOWN: The fate of planned mid-year rugby union internationals, including a homecoming game for World Cup winners South Africa, will be decided this month, officials in several countries said on Thursday, but the indications are they will be called off. Discussions on scheduled tours by France, Ireland, Italy, Scotland and Wales to the southern hemisphere in July, and England's trip to Japan at the same time, were held on Wednesday when World Rugby’s executive committee met by video conference. But any decision on the fate of the tours was left to later in April, several sources told Reuters. World Rugby, the sport's governing body, has not issued any statement on the meeting, but its chief executive Brett Gosper had earlier this week said the tours were unlikely to go ahead. “The problem is that no union wants to make the decision to cancel its tour, not least because there are, among other things, insurance contract implications,” he told the French daily L’Equipe. … [Read more...] about Decision on July internationals to be made this month

Film narrated by Meghan, Duchess of Sussex, to be released on Disney+

· March 27, 2020 ·

A film narrated by Meghan, Duchess of Sussex, will be available to watch from Apr 3, Disney said on Thursday (Mar 26), marking her first job since she and her husband Prince Harry stepped back from royal duties. The film, titled Elephant, will be available on the Disney+ platform. It was described in a short trailer posted online as following the journey of a family of elephants across Africa. Harry and Meghan stopped their royal duties at the end of the month as they carve out "a progressive new role", mainly based in North America, which they aim to finance themselves. Meghan, 38, has previously appeared in TV shows and films, such as Horrible Bosses, but achieved greatest fame for her part as Rachel Zane in the ongoing Suits legal series. She married Harry, sixth-in-line to the British throne, in May 2018 in a lavish ceremony at Windsor Castle. (Source: Reuters) … [Read more...] about Film narrated by Meghan, Duchess of Sussex, to be released on Disney+

Hanoi police step up investigations into sexual assaults against foreigners

· March 2, 2021 ·

VOV.VN understands that only four foreigners who were victims of recent sexual assaults carried out by a group of young men have reported the crime to the authorities. Several other victims have so far failed to show up at the police station, therefore the actual number of victims remains unknown, according to an investigator. Despite this, no additional sexual assaults have happened since the police tracked down several suspects, including summoning several people for interrogations. “Police agents have been deployed to patrol around West Lake where sexual assaults happened but recorded no similar cases,” said the investigator. Thanks to the presence of police forces, foreigners residing around West Lake feel more at ease when going out these days. “Previously I always brought with me a bottle of self-defence pepper spray, but now I am no longer worried when going out,” said J.K., a 24-year-old girl from South Africa. Meanwhile, K.M.C, a 25-year-old girl from Ireland, … [Read more...] about Hanoi police step up investigations into sexual assaults against foreigners

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