ANC keeps power in South Africa but scandals cost it votes

World / Politics May 12, 2019

ANC keeps power in South Africa but scandals cost it votes

The African National Congress easily won South Africa's general election Saturday, but its share of the vote fell, reflecting anger at corruption scandals and racial inequalities that remain entrenched a generation after the party took power. It was the worst electoral performance by the late ...

Business Sep 29, 2015

Hitachi to settle for $19 million over South Africa power plant payments

Hitachi Ltd. has agreed to pay $19 million to resolve allegations by U.S. regulators that it inaccurately reported improper payments it made to South Africa's ruling party to win power plant contracts. The Securities and Exchange Commission announced the settlement Monday with the conglomerate. The SEC ...