Cape Town assesses cost of worst fires in 15 years

Fires that ravaged Cape Town’s southern peninsula for four days were under control on Thursday after damaging homes and vineyards and destroying swathes of indigenous vegetation, officials in the South African city said.

ANC heavyweight Mashatile: Next step in transformation – change JSE company boards

ANC Gauteng wants more action from retirement funds in nominating and electing the directors of SA’s big companies. An interview with Chair Paul Mashatile deciphers the potentially ground-breaking policy initiative launched by the ANC, that needs to be properly understood for the future of corporate governance..

Google launching cheap DIY smartphone ARA, targets 6bn in EMs

First there was Build-A-Bear, now there’s build your own smartphone. Thanks to Google’s new Ara Project, users will be able to create their own smartphone, fitting it together piece-by-piece like Lego. Best is that it’s relatively inexpensive and good for the environment.

Petrobras scandal: Brazilian politicians among 54 who got R40bn in payola

A Brazilian prosecutor on Tuesday asked the Supreme Court to investigate 54 people, including a clutch of politicians, over a deepening graft case that has rocked Petrobras, the nation’s largest corporation. The growing scandal, which investigators have dubbed Operation Car Wash, concerns kickbacks estimated at $3.8 billion at Petrobras, a state-owned oil giant.