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South Africa’s cabinet approved a bill on electricity regulation designed to clear the path for private generation projects and power trading.

Atul and Rajesh Gupta have applied for asylum in two other African nations, Africa Intelligence reported, without citing anyone.

South Africa needs six months to demonstrate the effectiveness of two new laws that aim to curb money laundering and financing of terrorism as it seeks a quick exit from a global financial watchdog’s dirty money watch-list, President Cyril Ramaphosa said.

The former head of the National Treasury has been tasked with cleaning up a scandal-dogged company that’s contemplating partnering with a Chinese battery maker in a $1bn (about R18bn) lithium operation.

At the annual Watches and Wonders trade expo, several top brands embraced the lightweight metal that’s known for its high tensile strength.