Malaysia Airlines cuts and African business schools
Malaysia Airlines is "technically bankrupt", according to its new German chief executive. Today Christophe Mueller, who formerly ran Ireland's Aer Lingus and Sabena in Belgium said the debt ridden company would cut a third of its workforce. Malaysia has suffered losses for nearly five years, however the loss of two aircraft in disasters last year pushed the carrier to the brink of collapse. BBC Asia Business Reporter Ashleigh Nghiem says the company wants to make the cuts within three months.
Senegal has become the latest country in Africa to ban thin plastic bags to protect the environment. It follows similar moves in Cameroon, Kenya, Tanzania, Uganda and Mauritania where the authorities estimated 70 percent of cattle and sheep in the capital were dying from ingesting plastic bags. The Senegalese government claims the countryside is littered with five million discarded bags. BBC Africa's Abdourahmane Dia reports from Dakar.
Young people who aspire to become one of Africa's next business leaders often aim to study at one of the top business schools at universities in Europe or America, but that might soon change. The dean of the IESE Business School in Barcelona, Jordi Canals, believes Africa will create universities to match the reputations of institutions like Harvard within 20 years. Jordi Canals told the BBC African universities are already creating educational links with international business schools.
The advent of social media has provided business-people with a new way to publicly puff themselves up -try to convince people their own opinions matter. Bragging about your own achievements is a subtle art and one facilitated in new and exciting ways by Twitter and Facebook. All to the growing annoyance of our commentator Lucy Kellaway, who has launched her own campaign against online boasting, prompted by messages sent out on Twitter by people like the English actor and comedian Stephen Fry.