Bloomberg Top officials of the ruling African National Congress were expected to meet on Sunday with President Jacob Zuma to discuss his departure from office, the Johannesburg-based Sunday Times reported, citing people familiar with the matter. The meeting, to be held at the president’s official residence in Pretoria, will be led by the party’s Deputy President David Mabuza and could ...

We are a nation of immigrants who are uneasy about immigration. There is a long history of resentment against immigrants, dating to the Irish immigrants in the 1840s and the Chinese a few decades later. This contrasts with our demonstrated ability to absorb newcomers. It’s time to overcome this two-headed legacy with an immigration policy for the 21st century. What ...

Just as foreign stock investors in India try to come to terms with a rudely reimposed 10% tax on long-term capital gains, a bigger shock awaits them. The grandfathering of past returns promised by Indian finance minister Arun Jaitley in his budget speech last week is missing from the fine print of the bill. Well, it’s not completely missing. The ...