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Bloomberg

Vodacom pays former worker for 'Please Call Me' idea after deadlock

11th January 2019 Vodacom Group is paying out “reasonable compensation” to a former employee of the South African mobile-network operator for his idea to develop a popular call-back service after a former chief executive officer first took credit for the product. The settlement comes almost a decade after Kenneth... 

AB InBev soars on possible IPO of Asian business

11th January 2019 Anheuser-Busch (AB) InBev's shares jumped the most since 2015 after people with knowledge of the matter said the world’s largest brewer is considering an initial public offering of its Asian operations as a way to unlock value after a string of acquisitions left it saddled with debt. The Leuven,... 

Cerba, Lancet are said to agree Africa deal for $123m

11th January 2019 Cerba HealthCare SAS, the French owner of a global network of medical laboratories, is expanding in Africa by buying some of Lancet Laboratories’ operations for as much as 12.5-billion Kenyan shillings ($123-million), said a person familiar with the matter. Paris-based Cerba will hold a 51% stake... 

UK's nuclear future fades as Hitachi exit follows Toshiba

11th January 2019 Britain’s plan for a nuclear revival was thrown into disarray after the second Japanese company in as many months seemed to pull the plug on a new plant. The UK government has put atomic energy at the heart of its effort to attract 100-billion pounds ($130-billion) of investment to upgrade its... 

There’s a tiny plastic enemy threatening the planet’s oceans

11th January 2019 Environmentalists have identified another threat to the planet. It’s called a nurdle. Nurdles are tiny pellets of plastic resin no bigger than a pencil eraser that manufacturers transform into packaging, plastic straws, water bottles and other typical targets of environmental action. 

Ghosn's fresh indictment pulls him deeper into legal quagmire

11th January 2019 Carlos Ghosn’s chances of getting out of jail anytime soon took a serious blow on Friday after he was indicted for a second time by Japanese prosecutors building their case against the fallen car executive, who was detained almost two months ago. The ousted Nissan Motor Co. chairman was indicted... 

Mnuchin defends lifting sanctions on firms tied to Putin ally

11th January 2019 Treasury Secretary Steven Mnuchin signaled he won’t back down from plans to lift sanctions on three companies tied to an ally of Russian President Vladimir Putin even as he said the Trump administration would consider delaying the move to accommodate concerns raised by lawmakers. Mnuchin denied... 

Barrick Gold's new CEO dismisses Canada HQ debate as 'hysteria'

11th January 2019 Barrick Gold’s new CE is surprised by the “hysteria” over whether the world’s largest gold miner will remain a Canadian company. Barely a week after his Channel Islands-based Randgold Resources merged with Barrick, Mark Bristow says he’s determined to keep the global miner headquartered in... 

Barrick CEO to forge ahead in Latin America despite past strains

11th January 2019 Barrick Gold Corp’s new boss intends to push ahead with plans to increase investment in the mineral-rich – but environmentally tricky – deposits straddling the Chile-Argentina border. “If you want to find elephants, go to elephant country,” CEO Mark Bristow, a South African geologist and big-game... 

Too early to bet on mining policy change: Congo vote reaction

10th January 2019 In a surprise twist, Democratic Republic of Congo opposition leader Felix Tshisekedi was declared the winner of last month’s Presidential election, although his victory is being marred by claims by a rival that the poll was rigged. The African country is the world’s main supplier of battery... 

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