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NNA - MasterCard report finds human connections and technological innovation are key for cities of the future
NNA – Three in four people would be happier living in a smart and connected city, according to a new report by Mastercard, which features...
NNA - طموحات لابن مؤسسة الجيش اللبناني نزار القاضي في بطولة العالم للدوياتلون
وطنية - يضع اللبناني نزار القاضي نصب عينيه المشاركة في بطولة العالم في مسابقة الدوياتلون(المسابقة المركبة من ركض ثم ركوب الدراجة الهوائية فركض)، التي ستقام في اوستراليا في 18 آب المقبل، ليكون بين نخبة المشاركين من اكثر من خمسين دولة من جميع انحاء الكرة الأرضية....
ANSA - Tennis: Sinner eases into Miami Open semi-finals
Italian tennis sensation Jannik Sinner eased into the semi-finals of the Miami Open on Wednesday,beating Czech Tomas Machac6-4,6-2.
The world number three will face Daniil Medvedev...
ANSA - بايرن ميونخ يسعى للتعاقد مع فيكايو توموري
(أنسامد)-مارس 27-روما-أعلن بايرن ميونخ اهتمامه بالتعاقد مع فيكايو توموري، مدافع الميلان، في الصيف المقبل، وذلك في ظل رغبته في تدعيم دفاعه للمرحلة القادمة.
هذا وتبلغ قيمة توموري 40 مليون يورو، وهو ما يفتح باب ترحيب الميلان ببيعه لإنعاش خزينته لعقد صفقاته في فترة الانتقالات الصيفية المقبلة....
NNA - Nadim Karam's 'journal of times | Journal of present times' exhibition chronicles 30 years of turbulent history and human experience
NNA - Nadim Karam's latest exhibition, "Journal of Times | Journal of Present Times," unveiled at Abroyan Factories, offers a poignant narrative encapsulating three decades...
NNA - مؤتمر في جامعة الكسليك عن 'الجرائم المالية والاقتصاد النقدي'
وطنية - نظم مركز البحوث والدراسات الإستراتيجية في الجيش اللبناني وجمعية Rethinking Lebanon بالتعاون مع جامعة الروح القدس – الكسليك، مؤتمرا بعنوان "الجرائم المالية والاقتصاد النقدي"، في حرم الجامعة، شارك فيه عدد من الخبراء والاختصاصيين في الاقتصاد والتكنولوجيا المالية ومجال مكافحة الجرائم المالية، ...
ANSA - Consumer confidence down, business confidence up - Istat
Istat said Thursday that consumer confidence in Italy has fallen this month,but business confidence is on the rise again.
The national statistics agency said its consumer...
ANSA - ترميم كهف الحيوانات والألعاب المائية في فيلا كاستيلو
(أنسامد) - مارس 28 - روما - جرت أعمال ترميم مغارة الحيوانات بحديقة فيلا ميديتشى دى كاستيلو تزامناً مع ذكرى مرور 450 عاماً على وفاة كوزيمو الأول دى ميديتشى الدوق الاكبر لتوسكانا.
وتضم الفيلا المقر الحالى لأكاديمية ديلا كروسكا. ...
NNA - Discussion on women's economic empowerment in Lebanon’s industrial sector at AUB
NNA-The Center for Women in Business at the Suliman S.Olayan School of Business(OSB) at the American University of Beirut(AUB),in cooperation with the International Labour Organization(ILO)...
NNA - الرابطة اللبنانية لسيدات الأعمال LLWB اختتمت مشروع WOMEN ON BOARD بالتعاون مع السفارة البريطانية
وطنية - اختتمت الرابطة اللبنانية لسيدات الأعمال LLWB، خلال احتفال أقامته في فندق 'موفنبيك'، المرحلة الأولى من مشروع Women On Board الذي نفذته، بالتعاون مع السفارة البريطانية، وهو يهدف إلى تعزيز مشاركة المرأة في مجالس إدارة النقابات والجامعات والمنظمات. ...
ANSA - Alessandro Michele new Valentino creative director
Former Gucci designer Alessandro Michele was named Valentino's creative director Thursday replacing Pierpaolo Piccioli who stepped down as the maison's chief stylist earlier this month....
ANSA - وفاة النحات الإيطالى جوليانو فانجى
(أنسامد) - مارس 28 - روما - توفى النحات الإيطالى الشهير جوليانو فانجى عن عمر يناهز 93 عاماً.
ولد جوليانو عام 1931 بمدينة باربيرينو دى موجيلو ثم انتقل الى بيزارو منذ أكثر من 50 عاماً. ...
Lusa - Business News - Portugal: Metro franchise extended until 2030
Lisbon, March 28,2024 (Lusa) - Portugal's government will extend the concession of the public passenger transport service to the Metropolitano de Lisboa company until 2030,...
Lusa - Business News - Portugal: Stock market closes today's trading green like other Europen bourses
Lisbon, March.28,2024 (Lusa) - The Lisbon stock market closed higher on Thursday, with the PSI index gaining 0.06% to close the day at 6,280.50 points,...
CNA - وزيرة الزراعة: قبرص معرضة لتأثيرات تغير المناخ
قالت وزيرة الزراعة والتنمية الريفية والبيئة الدكتورة ماريا بانايوتو في كلمتها التي ألقتها في حدث نظمته هيئة الأرصاد الجوية في محطة أثالاسا بمناسبة اليوم العالمي للأرصاد الجوية، إن قبرص معرضة بشكل خاص لتأثيرات تغير المناخ. ...
Lusa - Business News - Portugal: Israeli company Busway wins Coimbra bus franchise
Coimbra, Portugal, March.28,2024(Lusa)- Busway, a subsidiary of the Israeli group Afifi, has won the tender for public road transport in the Coimbra Region Intermunicipal Community,...
CNA - الرئيس الإستوني يجتمع مع أعضاء اللجنة المعنية بالمفقودين
عقد الرئيس الاستوني آلار كاريس الموجود في قبرص في زيارة رسمية، عقد اجتماعاً اليوم الخميس مع أعضاء اللجنة المعنية بالأشخاص المفقودين وتم اطلاعه على عمل اللجنة.قال العضو القبرصي اليوناني في اللجنة المعنية بالمفقودين ليونيداس بانتيلييس في معرض رده على سؤال لوكالة الأنباء القبرصية عن الاجتماع،...
Lusa - Business News - Mozambique: Central banks pays €41.6M to domestic 'hidden debt' creditors
Maputo, March 28,2024(Lusa) - The Bank of Mozambique has paid at least $45 million (€41.6 million) to national financial institutions that lent money to Proíndicus,...
Lusa - Business News - Portugal: More than 1,000 types of farm products, 230 kinds of tomato registered
Lisbon, March.28,2024(Lusa) - Portugal has more than a thousand names of agricultural and horticultural species registered in 2024, with tomatoes accounting for more than 230,...
Lusa - Business News - Portugal: Re-elected tourist boss to focus on new airport, TAP privatisation
Lisbon, March 28, 2024 (Lusa) - The re-elected president of the Portuguese Tourism Confederation (CTP), Francisco Calheiros, who will lead the organisation until 2027, ...
Lusa - Business News - Portugal: Rating agency DBRS expects bank profits to stay strong
Lisbon, March 28, 2024 (Lusa) - Rating agency Morningstar DBRS wrote in an analysis released on Thursday that the performance of Portuguese banks should normalise...
Lusa - Business News - Portugal: António Pires de Lima ree-elected as president of motorway franchise
Lisbon,March 28,2024(Lusa)-António Pires de Lima has been re-elected chairman of the Board of Directors of Brisa Concessão Rodoviária (BCR) for the three-year period 2024-2026, ...
Lusa - Business News - Cabo Verde: Government announces fishwives-day
Praia, March.28,2024(Lusa)-The government of Cabo Verde has established 17 May as National Fishwives' Day, in recognition of the importance of the activity for the country,...
Lusa - Business News - Portugal: Miners threaten to strike, managers threaten lay-off
Covilhã, Portugal, March 28, 2024 (Lusa) - Workers at the Panasqueira mine in Covilhã handed in a third strike notice on Thursday until 28 April...
Lusa - Business News - Cabo Verde: Country's pavilion at Qatar Expo gets commendation
Praia, March.28,2024(Lusa) - Cabo Verde's pavilion at Expo 2023 in Doha, Qatar, has received a commendation for its theme, linked to agriculture and the sea,...
Lusa - Business News - Portugal: Climate justice meet in Boticas to support fight against lithium mine
Boticas, Vila Real, Portugal,March.28,2024(Lusa)- The 2024 edition of the National Meeting for Climate Justice (ENJC) will take place between 5 and 7 April in Boticas,...
Lusa - Business News - Cabo Verde: International training centre mooted for boarding, search of ships
Praia, March.28,2024 (Lusa) - The Atlantic Centre, an initiative of the Portuguese state that brings together 23 countries, is advocating the creation in Cabo Verde,...
CNA - سفينة المساعدات الإنسانية الثانية تغادر لارنكا إلى غزة نهاية الأسبوع
علمت وكالة الأنباء القبرصية أنه من المقرر أن تغادر السفينة الثانية ميناء لارنكا لتوصيل المساعدات الإنسانية إلى غزة في نهاية الأسبوع.
وفقا للمعلومات التي حصلت عليها وكالة الأنباء القبرصية، يتوقع أن تغادر السفينة جنيفر، وهي السفينة الثانية التي تحمل مساعدات إنسانية إلى غزة عن طريق البحر...
CNA - الرئيس خريستوذوليديس: ميناء غزة قد يكون جاهزاً قبل الأول من مايو
قال رئيس الجمهورية نيكوس خريستوذوليديس اليوم الخميس إنه من المحتمل أن يكون الميناء الذي يتم إنشاؤه في غزة كجزء من الممر البحري لإيصال المساعدات الإنسانية، جاهزا قبل الأول من أيار/مايو. ...
Lusa - Business News - Portugal: Commercial rents, prices up 20% from 2019 even as supply doubles - study
Lisbon,March.28,2024(Lusa)-Rental and selling prices for offices and shops in Portugal rose by around 20% between 2019 and 2023, even with supply in these two property...
Lusa - Business News - Portugal: Price of petrol per litre in Azores region to rise 3.9c, diesel 1.7c
Angra do Heroísmo, Portugal, March 28,2024 (Lusa) - The price of petrol per litre in Portugal's Azores region will rise by 3.9 cents on Monday...
Lusa - Business News - Portugal: Lisbon stocks trading lower; EDP Renováveis, Mota-Engil lead losses
Lisbon, March 28, 2024 (Lusa) - The Lisbon stock market was trading lower on Thursday morning, with shares in EDP Renováveis and Mota-Engil down 0.97%...
Lusa - Business News - Angola: Central bank adopts new rules on preventing, combating money laundering
Luanda, March 28, 2024 (Lusa) - Angolan financial institutions must obtain and keep information on individual transactions of more than US$15,000 (€13,000), ...
Lusa - Business News - Portugal: Cocoa prices continue to skyrocket, may go higher - analysts
Lisbon,March 28,202(Lusa)-The price of cocoa on the international markets has soared by 150% since the beginning of the year and has touched US$10,000 per tonne...
Lusa - Business News - Portugal: Alleged network exploiting immigrants in Alentejo to go on trial
Beja,Portugal,March.28,2024(Lusa)-A total of 48 of the 51 official suspects in a case involving an alleged network that hired immigrants for agriculture in the Portugal's Alentejo...
Lusa - Business News - Portugal: Faro district business turnover rose 13% YoY during MotoGP Grand Prix
Lisbon,March 28,2024(Lusa)-Business turnover in the Faro district rose by 13% during the MotoGP Portuguese Grand Prix, which took place at the Algarve National Autodrome ...
CNA - مجلس الوزراء في جلسة استثنائية اليوم لتمديد إجراءات الدعم
ينعقد مجلس الوزراء اليوم الخميس في جلسة استثنائية للموافقة على حزمة جديدة من إجراءات معينة من شأنها تخفيف الضغوط الناجمة عن ارتفاع الأسعار.
وفقاً لمصادر وكالة الأنباء القبرصية، أن الحكومة لن تقوم بتجديد ضريبة صفر على الوقود والتي تنتهي في نهاية آذار/مارس، ولكنها ستجدد الدعم الحكومي...
Lusa - Business News - Portugal: Top newspaper headlines on Thursday, 28 March
Lisbon, March.28,2024(Lusa)- A new speaker of parliament is elected at the fourth vote, Portugal’s president dissolves Madeira’s regional parliament and calls for early elections ...
Lusa - Business News - Cabo Verde: State will have to pay to reopen air line - interview




Praia, Sept. 13, 2021 (Lusa) - Cabo Verde's tourism and transport minister, Carlos Santos, told Lusa that relaunching flagship airline TACV was re-nationalised in July would need state investment within six months.
"Obviously, because we are in a phase of restarting and restarting means investing. And that is the investment perspective. Now, everything is being done properly so that we can have an equation that has some viability," Santos said in an interview with Lusa in Praia.
Carlos Santos said that the government was working with "specialists" so that the company, which has not carried out commercial flights since March 2020 due to the Covid-19 pandemic, can resume activity, but with an "effect on taxpayers' pockets" that is "as small as possible.
"But there will have to be investment," he said, without saying how much.
Santos said TACV was "important for the country" and "an important part for the development" of Cabo Verde, which "has the diversification of tourism as a key objective.
"As we see at the moment, the absence of competition in connectivity generates anomalous situations at the level of pricing practices, and we are doing so with that aim in mind. But also to refocus the role of this company, in a short space of time focused on the diaspora market and the tourism market. And later, as we have already said, we can return to what was one of the objectives before 2019," he added.
The goal is that within six months, the company, led by former president of Radiotelevisão Cabo-verdiana (RTC), Sara Pires since August, will return to activity, almost two years after the suspension of operations.
"We want to do it in a short space of time, and we have this indicative date precisely because we cannot work without dates. We have to make sure there is a schedule. The board of directors, since it took office, has been working hard with a team from the ministry of tourism and the ministry of finance to support it, and everything is being done for the goal of reopening a new phase of this company," Carlos Santos stressed.
In March 2019, the Cabo Verde state sold 51% of the then state-owned company Transportes Aereos de Cabo Verde (TACV) for €1.3 million to Lofleidir Cabo Verde, a company owned 70% by Loftleidir Icelandic EHF (Icelandair group, which took 36% of Cabo Verde Airlines - the company's trading name) and 30% by Icelandic entrepreneurs with experience in the aviation sector (who took over the remaining 15% of the 51% share privatised).
The company, in which the Cabo Verdean state held a 39% stake, then concentrated its activity on international flights from the Sal hub, leaving behind domestic flights.
On 6 July, the Cabo Verdean state took over the 51% stake in TACV held since 2019 by Icelandic investors, alleging several management failures and immediately dissolved the corporate bodies.
The reversal of the company's privatisation took effect from that day, with the publication of the decree-law authorising it, approved by the cabinet, because of "serious concerns" about "compliance with the principles, terms, assumptions and purposes" defined in the privatisation process.
Based on the decision to revert privatisation, the government in July cited concerns such as "compliance with agreed procedures for payment of expenses, accounting records and contracting," the "safeguarding of the company's interests and partnership objectives as a result of involvement in acts and contracts that reveal substances and serious conflicts of interest," the "contribution to strengthening the economic and financial capacity and capital structure" of the company or about the "full implementation of the direct sale in time, payment terms and other terms.
Due to the effects of the Covid-19 pandemic, a new agreement was signed between the state and Loftleidir in March 2021 to make the company viable (involving since November the issuance of State guarantees to about €20 million of loans for payment of salaries and other urgent expenses), which also provided for the ceding of both parties in different matters.
"Following the settlement agreement, facts have been identified in the governance of TACV and in the relationship of Loftleidir Cape Verde and stakeholders with TACV that may contribute to the unsustainability of the continuation of the agreement, as there is a serious, real and significant risk that Loftleidir Cape Verde will not comply with its proposed capital investment in TACV," the decree-law adds.
The Icelandic board of CVA announced in June the suspension of sales and the plan to resume flights in light of the then announced intention to renationalise the company by the government and a request by the state to seize one of the company's Boeing - provided under lease by Loftleidir Icelandic EHF - due to alleged debts to state company ASA, which manages the archipelago's airports.
PVJ/ADB // ADB.
Lusa


Agency : LUSA

Date : 2021-09-14 10:12:06







 

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