Bloomberg South Sudan’s main electricity provider will stop supplying power to the national grid after the government failed to allocate the foreign exchange it needs for operations. The Ezra Construction and Development Group supplies 33 megawatts to the Juba Electric Distribution, for which it is paid in foreign exchange. The government is contractually obliged to allocate Jedco hard currency as …

Bloomberg Rising corporate debt and the prospect of further Covid-19 lockdowns pose a systemic risk to France’s financial system that may rise in the coming months, according to the country’s central bank. Debts of non-financial companies are now the greatest vulnerability in the system, the Bank of France said in its semi-annual review of financial risks. While the second lockdown …

Bloomberg The Reserve Bank of New Zealand (RBNZ) said it’s investigating an illegal breach of a third-party file sharing service used to share and store some sensitive information. While the breach has been contained, the nature and extent of the information that potentially had been accessed is being determined and may have included some commercially and personally sensitive data, Governor …