Bloomberg South African President Cyril Ramaphosa has thrown down the gauntlet to detractors in the ruling party who’ve been undermining his efforts to combat graft, as public anger mounts over the misappropriation of funds to tackle the coronavirus outbreak. In an unprecedented seven-page letter circulated to members of the African National Congress (ANC) at the weekend, Ramaphosa warned that the ...

Bloomberg Thailand’s cabinet approved a one-month extension of the state of emergency through September 30 to control the Covid-19 outbreak as the nation seeks to prolong its streak of going three months without a local transmission. The cabinet’s move was in line with the proposal from a panel that handles the nation’s Covid-19 outbreak, according to government spokesman Anucha Burapachaisri. ...

Bloomberg China’s mega banks are ramping up their recruitment of fresh graduates as a record number enter the labour market, joining other state-owned firms in boosting employment even as lenders deal with plunging earnings and ballooning bad debt. The four biggest state banks, led by Industrial & Commercial Bank of China Ltd., (ICBC) this month kicked off their autumn campus ...