Bloomberg Nissan Motor Co is set to be fined 2.4 billion yen ($22 million) for underreporting former chairman Carlos Ghosn’s compensation, Japan’s securities regulators said. The Securities and Exchange Surveillance Commission made the recommendation just over one year after Ghosn’s arrest, which shocked the auto industry and triggered turmoil at the Japanese automaker and its alliance partner, Renault SA. Ghosn, ...

Bloomberg Platinum and gold mines in South Africa stopped operations as the country was hit by record levels of rolling blackouts that are crippling key parts of the economy, threatening another recession. Producers including Sibanye Gold Ltd, the world’s biggest platinum miner, recalled workers from underground and stopped milling ore after state-owned power utility Eskom Holdings SOC Ltd announced it ...

Bloomberg Zimbabwe’s state-owned Zesa Holdings Ltd escalated power cuts to as long as 24 hours after losing regional power imports and local generation capacity remains critically constrained. The power utility has a non-binding agreement to import as much as 400 megawatts of power from South Africa’s Eskom Holdings SOC Ltd, which is unable to meet local demand and has implemented ...