Bloomberg South Africa’s central bank will persist in seeking a court order to set aside an instruction from the nation’s anti-graft ombudsman that its mandate must be changed, even after Public Protector Busisiwe Mkhwebane said she won’t oppose the regulator’s application. In a report last month, Mkhwebane instructed the legislature to start a process to amend the nation’s constitution to ...

Bloomberg UniCredit SpA and Koc Holding AS are weighing a capital increase of about $1 billion for their Turkish venture Yapi & Kredi Bankasi AS to strengthen its buffers, according to people with knowledge of the matter. UniCredit, which together with Koc owns 82 percent of the Turkish bank, wants to carry out the fundraising by the end of the ...

Bloomberg EasyJet Plc will create a new airline based in Vienna that will shield its routes within the European Union against any fallout from Britain’s negotiations to exit the bloc. The approval process for an air operator certificate that has been filed with Austria’s aviation regulator is “now well advanced,” with clearance expected in the near future, Luton, England-based carrier ...