Business / Corporate Oct 5, 2015

Hitachi's $19 million settlement over improper payments offers insights into South African deals

Hitachi Ltd.'s $19 million settlement with the U.S. Securities and Exchange Commission provides insight into how the company became a crucial supplier to South Africa's behind-schedule power plants that have yet to solve the country's electricity shortage. The SEC last week said Hitachi had "inaccurately ...

World | ANALYSIS Sep 24, 2013

Al-Shabab nimbler under new leader

The attack that killed 69 people in a Kenyan shopping mall over the weekend was the first regional operation undertaken by the new leadership of Somalia's al-Shabab militants following a bloody power struggle. After months of pressure from African troops against the al-Qaida-linked group inside ...