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South African Airways has reached a deal with labor unions to end a strike by airline workers after the unions reportedly agreed to accept a pay increase that the company offered before the strike began, fin24 reported Nov. 22.
South African authorities have arrested former African National Congress legislator and State Security Minister Bongani Bongo on bribery accusations involving state-owned power monopoly Eskom, News24 reported Nov. 21.
Argentine President-elect Alberto Fernandez has vowed to reevaluate the government budget of his predecessor, Mauricio Macri, and said that Buenos Aires wouldn't implement austerity measures to meet debt obligations, Bloomberg reported Nov. 16.
Prime Minister Abiy Ahmed's reforms have made him the new darling of the international community. But his government's dimming domestic popularity risks sending the country into rough political waters ahead of its 2020 election.
The European Commission's new president-elect has laid out an ambitious vision for the bloc's future. A challenging economic and political environment, however, will likely keep most of her proposals from ever seeing daylight.