Johnson & Johnson has been fined $1.2 billion over sales of Risperdal, an antipsychotic drug. Tim Fox, a circuit judge in Arkansas, ruled that the company has to pay $5,000 for each of the 240,000 prescriptions that were paid for by the state's Medicaid program. (The program provides health care for low-income citizens, financed by the taxpayer)

Walgreens, a major pharmacy chain in the U.S., has been sued by the state of Arkansas for failing to report large numbers of suspicious prescriptions of opioid medications. Arkansas is the latest of several U.S. states to allege that the company did not heed government warnings about the problem.

A cigarette factory with the capacity to produce three billion Dunhill cigarettes per year is expected to open up in Mali this year, the product of a partnership between British American Tobacco (BAT) and the Malian government, that the company claims will create as many as 200 permanent jobs.

South African prosecutors seized luxury property and vehicles worth some 1.4 billion South African rand ($96.8 million) in early May from contractors and former officials at Eskom, South Africa's state-owned power utility, as they ramped up criminal proceedings over alleged corruption in construction orders for the Kusile Power Station.

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