Nuclear anti-poaching: Beckham, a 1.7-ton rhino named after the English footballer, had a radioactive pellet drilled into his horn as a program to discourage poaching of the endangered animals in South Africa scales up. https://bloom.bg/3zk6uEe
Big chicken: Rainbow Chicken, a poultry firm backed by South African billionaire Johann Rupert, rose on its debut on the Johannesburg stock exchange, valuing the company at about $396 million. https://bloom.bg/3zfNp61
Kenya protests: The country’s sovereign dollar bonds are sinking as anti-government protests threaten to derail President William Ruto’s $2.3 billion plan to balance the budget and make the country’s debt sustainable. https://bloom.bg/3VZuoOr
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Big chicken: Rainbow Chicken, a poultry firm backed by South African billionaire Johann Rupert, rose on its debut on the Johannesburg stock exchange, valuing the company at about $396 million. https://bloom.bg/3zfNp61
Kenya protests: The country’s sovereign dollar bonds are sinking as anti-government protests threaten to derail President William Ruto’s $2.3 billion plan to balance the budget and make the country’s debt sustainable. https://bloom.bg/3VZuoOr
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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BREAKING: The Supreme Court will allow emergency abortions in Idaho, according to an opinion obtained by Bloomberg Law that appeared briefly online. Read more here: https://trib.al/dqwnckp
📷: Tierney L. Cross/Bloomberg via Getty Images
📷: Tierney L. Cross/Bloomberg via Getty Images
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The era of big paychecks for Chinese financiers is fast coming to an end, as big firms impose $400,000 pay caps and claw back bonuses https://bloom.bg/3VYO58L
📷: Raul Ariano/Bloomberg
📷: Raul Ariano/Bloomberg
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Ruto U-turn: Kenyan President William Ruto conceded to mass street protests and withdrew contentious new taxes. Now, he needs to figure out how to achieve fiscal targets set by the IMF. https://bloom.bg/3W19jmL
Coalition negotiations: Talks between South Africa’s two biggest political parties on forming a cabinet stalled after the African National Congress withdrew an offer to appoint a member of the smaller Democratic Alliance as trade and industry minister. https://bloom.bg/3xwLiuh
Bad omen: Morocco’s unrelenting dry spell is ushering in record wheat imports and risking fruit and vegetable sales abroad. https://bloom.bg/45K8jXp
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Coalition negotiations: Talks between South Africa’s two biggest political parties on forming a cabinet stalled after the African National Congress withdrew an offer to appoint a member of the smaller Democratic Alliance as trade and industry minister. https://bloom.bg/3xwLiuh
Bad omen: Morocco’s unrelenting dry spell is ushering in record wheat imports and risking fruit and vegetable sales abroad. https://bloom.bg/45K8jXp
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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EXPLAINED: With a flip of a metaphorical light switch, India has joined the global finance machine. Here's a deep dive on the process, meaning and its impact on markets https://bloom.bg/3xMJBsB
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Talks near deal: South Africa is close to concluding discussions on forming a government of national unity, the African National Congress said. The rand rallied. https://bloom.bg/3zmiwNv
ZiG tames inflation: Zimbabwe’s monthly consumer prices were unchanged as the nation’s stable bullion-backed currency helped put a lid on inflation. https://bloom.bg/4cEu2lM
Reparations: Namibia plans to set up a special purpose vehicle that descendants of victims of a 1904-1908 genocide will manage and control. https://bloom.bg/4eK96vc
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
ZiG tames inflation: Zimbabwe’s monthly consumer prices were unchanged as the nation’s stable bullion-backed currency helped put a lid on inflation. https://bloom.bg/4cEu2lM
Reparations: Namibia plans to set up a special purpose vehicle that descendants of victims of a 1904-1908 genocide will manage and control. https://bloom.bg/4eK96vc
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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A Chinatown shophouse mural depicting a Samsui woman with a cigarette in hand ignited a brief but heated debate after some complaints that the woman depicted looked like a prostitute and demands that parts of it be painted over. That and more in our free-to-read Singapore Edition newsletter: https://bloom.bg/4cE5ZDo
📷: Roslan Rahman/AFP via Getty Images
📷: Roslan Rahman/AFP via Getty Images
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New government: A broad rally in South African markets signaled investor relief after President Cyril Ramaphosa ended weeks of uncertainty by announcing a new cabinet that he said would prioritize economic growth. https://bloom.bg/3RRPKe5
Kenya protests: President William Ruto defended his decision to deploy the military to quell nationwide protests over the past two weeks that have left at least 24 people dead. https://bloom.bg/45JvwsJ
Corn exports: Tanzania will sell 650,000 tons of corn to Zambia after El Niño brought a severe dry spell in the neighboring country. https://bloom.bg/4bn6xfL
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Kenya protests: President William Ruto defended his decision to deploy the military to quell nationwide protests over the past two weeks that have left at least 24 people dead. https://bloom.bg/45JvwsJ
Corn exports: Tanzania will sell 650,000 tons of corn to Zambia after El Niño brought a severe dry spell in the neighboring country. https://bloom.bg/4bn6xfL
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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BREAKING: Hurricane Beryl reaches Category 5 strength, the earliest ever in the Atlantic in the calendar year, as the storm heads toward Jamaica https://bloom.bg/45MRv1E
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Death toll: Anti-government protests in Kenya left 39 people dead and hundreds more injured, according to an updated count by the country's National Commission on Human Rights. Demonstrations resumed in various cities on Tuesday. https://bloom.bg/3L4TpBv
Bankers protest: Democratic Republic of Congo’s banks are urging authorities to rethink requirements for lenders to diversify their shareholdings by as much as 45%, saying the regulation is impractical. https://bloom.bg/3zr5ApD
Mining spill: Endeavour Mining is studying the damage from the leak of poisonous liquid at its second-biggest mine located in southern Ivory Coast. https://bloom.bg/4cswDQ6
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Bankers protest: Democratic Republic of Congo’s banks are urging authorities to rethink requirements for lenders to diversify their shareholdings by as much as 45%, saying the regulation is impractical. https://bloom.bg/3zr5ApD
Mining spill: Endeavour Mining is studying the damage from the leak of poisonous liquid at its second-biggest mine located in southern Ivory Coast. https://bloom.bg/4cswDQ6
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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🎙 Bankers at China’s oldest investment bank, CICC, are pledging their loyalty to the Communist Party. What does that mean for its future?
Listen to the Big Take Asia podcast https://link.podtrac.com/jxfy2rhy
Listen to the Big Take Asia podcast https://link.podtrac.com/jxfy2rhy
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Bankers at China’s top investment bank are saying goodbye to fat paychecks and hello to Communist Party membership, in a shift away from its Wall Street-style playbook. Here's why https://bloom.bg/3LctYhn
📷: Chau Luong for Bloomberg Businessweek
📷: Chau Luong for Bloomberg Businessweek
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Pirate attacks: Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups growing in both number and force. https://bloom.bg/45SnugX
Coal pact: South Africa is seeking to alter the terms of a landmark agreement tied to $2.6 billion in financing, under which it promised to cut its reliance on coal. https://bloom.bg/3VX3LbI
Travel boom: Oil and gas discoveries in Namibia are transforming the nation into a high-end business travel destination. https://bloom.bg/4bzQECJ
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Coal pact: South Africa is seeking to alter the terms of a landmark agreement tied to $2.6 billion in financing, under which it promised to cut its reliance on coal. https://bloom.bg/3VX3LbI
Travel boom: Oil and gas discoveries in Namibia are transforming the nation into a high-end business travel destination. https://bloom.bg/4bzQECJ
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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ZiG slumps: Zimbabwe’s gold-backed currency weakened to a record low against the dollar, as the nation’s monetary authorities ruled out the need for intervention to support it. https://bloom.bg/3xMtP10
Rare export: South Africa’s growing citrus exports have been a rare bright spot in a stagnant economy. Now it's under threat from collapsing port and rail networks. https://bloom.bg/4cLbsbF
SAA rebuild: South African Airways plans to boost the number of aircrafts and add new destinations from its hub in Johannesburg as it rebuilds its business.
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Rare export: South Africa’s growing citrus exports have been a rare bright spot in a stagnant economy. Now it's under threat from collapsing port and rail networks. https://bloom.bg/4cLbsbF
SAA rebuild: South African Airways plans to boost the number of aircrafts and add new destinations from its hub in Johannesburg as it rebuilds its business.
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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Stable power: A hundred days of continuous electricity supply is taken for granted in many nations. In South Africa, it’s a major milestone. https://bloom.bg/460exT6
Migrant's tale: Immigration policies in France were already getting tougher, but if Marine Le Pen's National Rally secures a majority in the upcoming elections, her party has promised to expel undocumented migrants. https://bloom.bg/45P7blj
Before deadline: Zimbabwe's president hints that the nation’s new bullion-backed ZiG will be the sole currency before a 2030 deadline to end the current multicurrency system. https://bloom.bg/3XM9J1v
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Migrant's tale: Immigration policies in France were already getting tougher, but if Marine Le Pen's National Rally secures a majority in the upcoming elections, her party has promised to expel undocumented migrants. https://bloom.bg/45P7blj
Before deadline: Zimbabwe's president hints that the nation’s new bullion-backed ZiG will be the sole currency before a 2030 deadline to end the current multicurrency system. https://bloom.bg/3XM9J1v
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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Malls in Singapore face stiff competition from e-commerce, and from each other. Now, a much-hyped new retail destination is hoping to attract shoppers by giving space to local brands.
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/3Lamtr8
That and more in this week's free Singapore Edition newsletter: https://bloom.bg/3Lamtr8
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NEW: Biden trails Trump by just 2 points across key states, a Bloomberg News/Morning Consult shows, even as three in 10 Democrats say he should leave the race.
Read more findings from our new poll here: https://trib.al/FxNvF1i
📷: Hector Vivas/Getty Images
Read more findings from our new poll here: https://trib.al/FxNvF1i
📷: Hector Vivas/Getty Images
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Boeing has agreed to plead guilty to criminal conspiracy to defraud the US and faces a criminal fine of as much as $487.2 million https://bloom.bg/4eRf51v
📷: Bloomberg
📷: Bloomberg
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Mission impossible: Zimbabwe’s new central bank governor has done the seemingly impossible in his first 100 days — created a stable currency and tamed price pressures in a nation plagued by hyperinflation. https://bloom.bg/3Wb1UkC
Rebel support: Thousands of Rwandan troops are backing a rebellion in eastern Democratic Republic of Congo that has displaced millions of people and brought the two countries to the brink of war, according to United Nations report. https://bloom.bg/3zuW30S
Cold front: Maersk warns extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays. https://bloom.bg/4eQdgSp
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
Rebel support: Thousands of Rwandan troops are backing a rebellion in eastern Democratic Republic of Congo that has displaced millions of people and brought the two countries to the brink of war, according to United Nations report. https://bloom.bg/3zuW30S
Cold front: Maersk warns extreme weather conditions and a storm surge lashing the South African coast are expected to cause shipping delays. https://bloom.bg/4eQdgSp
Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday
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Hong Kong is winning back wealthy Chinese by rolling out the red carpet for the rich while rival Singapore’s stepped-up money laundering rules are putting some customers off. More here: https://bloom.bg/4bGuS0i
📷: Paul Yeung/Bloomberg
📷: Paul Yeung/Bloomberg
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