Benin crossing has been shut for three months, halting trade on vital frontier

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

Business contestants battle for $1m prize money in glitzy televised extravaganza

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

McKinsey, BCG and PwC named in records showing allegations of looting by Angolan billionaire

Suspected suicide comes as Angolan billionaire indicted for money laundering

Prospective deal comes as Riyadh-listed STC seeks to expand regionally

Endiama chief wants ‘radical change’ in overhaul of country’s scandal-hit gem industry

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

Restrictions have hampered miner’s ability to move money out of the country

Petrochemicals group to launch sale of up to $2bn in shares as part of debt reduction push

South African ecommerce group insists it remains in acquisition mode

Two Gulf companies shipped jet fuel to renegade general Khalifa Haftar, documents show

World’s second-largest diamond miner cites disruption along the supply chain

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

Japanese tech group’s splurge on its own shares is not enough to impress investors

Trading restrictions did not work in the past; there is less reason for them to work this time

The Japanese tech investment group is looking increasingly challenged

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

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

Viral outbreak has sped shift to online platforms, squeezing many traditional outfits

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

Emergency move to prevent people being thrown out because of virus

Rising prices and flat tax thresholds since 2015 mean more homes in London and Southeast are in the top band

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

US central bank accelerates purchases to stabilise market for securities backed by home loans

Lobby groups led by UK Finance warn there is likelihood of ‘severe’ impact to borrowers

Coronavirus lockdown hits lenders’ ability to offer mortgages and evaluate properties

Regulatory action sought to prevent intervention from having unintended consequences

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

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

Dig downs and loft extensions may increase the value of a home, but it’s hard to borrow against this

Homebuyers trying to chip the price of property deals could be disappointed 

As young renters feel the pain, parents are having to bridge the financial gaps

The time it takes for employees to be assessed is putting companies in delicate legal territory

Activists wary after finance ministry names ‘core’ stocks covered by law on foreign investment

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

Rick Bright’s lawyers say federal investigators recommend he be reinstated during probe

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

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

Airlines and airports say 14-day isolation period would be a ‘death blow’ to industry

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

From hedge fund manager to making children’s festive dreams come true