Africa in Focus: South African Airways Crisis Deepens

The video discusses the financial challenges faced by South African Airways, including flight cuts and the lack of a promised cash injection from the National Treasury. It highlights the impact of these issues on South Africa's fiscal position and the Rand's performance, especially in light of the US-China trade deal. The video also covers Kenya's plans to reduce its budget deficit by half over four years, focusing on President Kenyatta's development agenda.

What recent action did South African Airways take due to financial difficulties?

• Increased international flights

• Launched a new route to Asia

• Cut 38 local and international flights

• Merged with another airline

What is the Finance Minister's stance on state-owned companies that require frequent bailouts?

• They should receive more government support

• They should question their own existence

• They should increase their workforce

• They should expand their operations

How has the Rand performed against the US dollar this year?

• It has slumped by 3.6%

• It has outperformed the Brazilian real

• It has remained stable

• It has strengthened by 3.6%

What are some of the key events that could affect the Rand's performance?

• US presidential election

• South African President's state of the nation address

• Kenya's budget announcement

• European Union trade negotiations

What is Kenya's plan for its budget deficit over the next four years?

• To double the budget deficit

• To eliminate the deficit entirely

• To maintain the current deficit

• To almost halve the budget deficit