They came for its riches, but big business is souring on South Africa
JOHANNESBURG—The corporate exodus from what was supposed to be Africa’s breakout economy is accelerating, propelled by a toxic cocktail of corruption, lawlessness and poor infrastructure. Africa’s biggest and most-developed economy has long been plagued by logistical problems, including failing infrastructure and rising electricity costs Foreign investors from Shell to British American Tobacco are downsizing in … Read more