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South African bank stocks tumbled and bonds plunged as the rand headed for its biggest weekly slide since 2015 after the firing of finance minister Pravin Gordhan raised concerns about the country’s fiscal path and its

MTN Group awarded executive chairman Phuthuma Nhleko R72,2m in pay and bonuses last year after he negotiated a reduced fine with Nigerian regulators and shook up senior management. Nhleko, 56, was paid a R30m

MTN’s interim group executive chairman, Phuthuma Nhleko, took home more than R72m in the 2016 financial year, during which time he acted as CEO and as chairman of the crisis-hit emerging markets telecommunications

Samsung Electronics knows it needs to get its new flagship smartphone right. Apart from making sure the gadget won’t cause bodily harm, the company packed it with a plethora of new features

Mercedes-Benz is accelerating its roll-out of battery-powered cars in a race to meet tighter emissions rules as European buyers turn away from fuel-efficient diesel cars. In a €10bn project, the world’s largest

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