Bloomberg Steinhoff International Holdings is looking to raise as much as 4.6 billion zloty ($1.2 billion) by listing its European discount retail arm Pepco Group in Poland, capitalising on increased demand for discount goods amid the coronavirus crisis. The South African retailer and other holders plan to sell 101.3 million existing shares, the company said in a statement on Wednesday. ...

Bloomberg Somalia will expedite elections in a bid to quell instability and coax donors into releasing funds needed to pay the nation’s security forces and other state employees, Foreign Minister Mohamed Abdirizak said. The prime minister is scheduled to meet representatives from political parties and other interested groups in July to agree on the voting process, Abdirizak said. The authorities ...

Bloomberg The Philippines said China’s unilateral fishing ban in the South China Sea doesn’t apply to areas within the Southeast Asian nation, in yet another sign of tension between the two countries. The National Task Force for the West Philippine Sea “opposes China’s imposition of the same over the areas within the territory and jurisdiction of the Philippines,” it said ...