Anheuser-Busch InBev NV prides itself on penny-pinching. There are no private offices for top brass, no lavish parties, and no high-end hotels like the Four Seasons. Guess where SABMiller Plc executives like to stay when they travel?
For years, the global economy surfed a flood of easy money from central banks and a surge in Chinese demand for commodities. Now, policy makers are trying to anticipate what’s exposed when the tide goes out.
Rising numbers of children are no longer attending class at Mupinga Primary School in the southeastern Zimbabwean district of Chiredzi. They’re too hungry to study.
The South African Reserve Bank is ready to adjust monetary policy if a slump in the rand filters through to the economy and fuels inflation, said Governor Lesetja Kganyago.
Ghana sold $1 billion of 15-year Eurobonds at a higher yield than the government had sought during a roadshow last month.
Three years ago, investors considered Zambian bonds a better buy than Spain’s. Now, they are dumping the southern African nation’s assets.
South Africa’s parole review board set aside the decision to grant Paralympic gold medalist Oscar Pistorius release from jail, eNCA reported.
Hitachi Ltd. agreed to pay $19 million to settle Securities and Exchange Commission charges that it inaccurately reported “improper payments” to South Africa’s ruling party to help it win contracts to take part in the construction of two power plants in the country.
As workers at Western companies fled West Africa during the world’s worst-ever Ebola outbreak, a state-owned Chinese company carried on.