It is always easy for central banks to find reasons not to act

Cyril Ramaphosa will be loath to take on the people who helped him to the ANC presidency

State-owned flag carrier struggling to pay salaries and secure funds to stay aloft

Canadian group makes all-stock proposal public after talks fail to get off ground

First state company to enter business rescue since end of apartheid

Eskom will remove 6,000 megawatts of demand to avert total collapse of national grid

State utility Eskom removed power to stave off grid collapse

Tie-up aims to allow people with mobile wallets to pay for international online services

Telecoms group seeks to turn mobile payments unit into provider of wider services

Legislation cuts taxes for some enterprises while increasing VAT

State-backed carrier starts cancelling flights as vital government funding is delayed

Pretoria has waived rules that prevented mining groups generating electricity for their own use

Neal Froneman highlights ‘lowest payback period’ after £285m purchase

Move could pave way for company to shift primary listing to London

Central African Republic has just three ventilators for its 5m people

South African ecommerce group insists it remains in acquisition mode

Investors fret over the level of economic stimulus Washington is likely to provide

Wall Street’s late sell-off came on top of Europe’s worst-ever single day performance

S&P 500 closes more than 9% higher as investors cheer Fed backstops and political progress

S&P 500 gives back some of its earlier rally as US stimulus package attracts objections on Capitol Hill

S&P 500 records fourth gain in five sessions, despite new leg down for oil prices

Strategy shift comes shortly after $1.4tn fund’s CIO tweeted he was stepping down

Private equity group acquires 10% stake in Australia’s Crown Resorts

Buyers and sellers worry about risk of infection, say agents

Mortgage products tracking base rate vanish as ‘the numbers no longer stack up’ 

Households urged to consider options such as reduced payments instead of delaying debt

Regulator says US mortgage guarantors have sufficient resources for about 12 weeks

Many decide to hold on to cash, triggering disputes with landlords in commercial and residential sectors

Share your experiences of trying to buy or sell a house under current market conditions 

Interest rate disparity could add nearly £2,500 per month to the cost of servicing a £5m mortgage 

Sharma signals tapering of scheme as Johnson prepares to announce road map out of lockdown

Former Navy Seal who trained some of ragtag crew tells FT plan was ‘half-cocked’ and ‘inept’

This is the first in a new FT Globetrotter series, in which correspondents and writers explore their local area up close. In Japan’s capital, despite the deserted shopping streets, nature is in full bloom

Boris Johnson will set his exit strategy on Sunday, but changes will be limited

Survival of coastal city’s vibrant arts scene will depend on community ‘being on the front foot’

Scale of unemployment underscores urgency of additional emergency relief funds

Economists look back to the Great Depression for clues on the scale of the economic crisis

Cancelling payouts should not become a loyalty test

Industry expects a sharp decline in claims as drivers stay at home during coronavirus pandemic

FCA warns failure to act could count against provider’s regulatory record

Sector faces existential moment as Trump wades into debate over Covid-19 claims

Coronavirus means many businesses face an uncertain future but the region’s fundamentals will aid recovery

The Australian company was borne out of an online travel business that had a problem to solve

Businesses shift their focus from scale to survival as a coronavirus-led downturn takes hold — but the region’s underlying growth prospects bode well for the recovery

Company to refund fraction of policy premiums to reflect reduction in driving  

Hiscox expects $150m of claims while Beazley expects to pay out $170m

Pandemic could dwarf other disasters such as Hurricane Katrina, John Neal says

Tesla’s decision to buy liability cover from Elon Musk instead of a traditional insurer comes after premiums shot up

Central banks repeatedly set the stage for the next boom and bust cycle, fuelled by growing debt