South African finance minister to face fraud charges, rand plunges

South African prosecutors on Tuesday ordered Finance Minister Pravin Gordhan to appear in court on Nov. 2 over allegations he broke public finance rules by granting a colleague early retirement,…

 
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MTN Posts First-Ever Loss, Blames its on Nigeria’s fine , forex woes

MTN Group Ltd. reported a first-ever per-share loss as a public company as Africa’s biggest mobile-phone operator agreed to settle a record fine in Nigeria and was hurt by weaker…

 
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