Bloomberg South Africa’s largest clothing retailer sees a successful Covid-19 vaccination rollout as key to reopening the economy and adding new stores, helping to address the world’s highest unemployment rate. “If we get people vaccinated, the economy can normalise quickly,” Pepkor Holdings Ltd CEO Leon Lourens said in an interview. “If the economy normalises, we can create jobs.” The government ...

Bloomberg Colombia plans to start the bidding process for the construction and modernisation of three airports in the fourth quarter as part of a larger $13 billion infrastructure plan. The expansion of the capacity of the airport that serves Cali, the nation’s third-largest city, as well as those of Buenaventura and Neiva, in western Colombia, have an estimated cost of ...

Bloomberg American Airlines Group Inc signed a letter of intent to invest $200 million in Gol Linhas Aereas Inteligentes SA for a 5.2% stake in the Brazilian carrier under a three-year deal that would expand commercial cooperation, establish an exclusive codeshare and link loyalty programs. The two will work together in areas including purchasing, sales tools and systems integration as ...