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Displaying 91-100 out of 2416 results.

New debt demand as bondholders defer decision

A local company goes to court to recover $300m from the state power utility as bondholders postpone a vote on the government's request for debt relief

The operator of the country's only coal-fired power station, Maamba Collieries Ltd., has opened arbitration proceedings with Zambia's state-owned electricity utility Zesco to recov...


Private capital, green shoots

A combination of worsening power cuts and investigations into grand corruption in the state utility and its suppliers has forced a policy shift

The government is finally backing a plan that will open the state power utility Eskom to private investors, putting the energy sector at the core of the country's economic recovery...


This time, it's personal

A spate of arrests of officials on corruption charges is leading to the door of Ace Magashule, Secretary-General of the ruling party

Within weeks Cyril Ramaphosa will face his toughest battle as President as he tests his authority against the second-most-powerful politician in the country, African National Congr...


The great bond bust

Deteriorating relations between the holders of Zambia's $3 billion Eurobonds and the government after its 22 September request for a six-month suspension of coupon payments point t...


Default hits election plan

The de facto default on Eurobond payments is getting in the way of a plan by the ruling party to create a slush fund for its next election campaign

The government's request on 22 September to holders of its US$3 billion of Eurobonds for a six-month suspension of repayments will have political repercussions as well as the finan...


Surge of the insurgents

The government has done nothing to dislodge Islamist guerrillas who have held a coastal district capital for over five weeks

After attacking Mocímboa da Praia several times this year, the Islamist insurgents of northern Cabo Delgado took control of the coastal town, which is a port and the district capit...


For sale: one used war machine

Local and international buyers are circling the debt-crippled and state-owned Denel as it is forced to sell its assets to stay afloat

Denel, the remnant of the arms manufacturing and trading colossus Armscor that once propped up apartheid, is probably the least-known of South Africa's beleaguered state-owned ente...


Heavy Russian metal

A platinum mine that could be Zimbabwe's biggest is yet again raising the hopes of the leaders of the Zimbabwe African National Union–Patriotic Front (ZANU-PF) although it lo...


How to defend the indefensible

If ANC Secretary-General Ace Magashule isn’t caught up in a prosecution, the President’s clean-up could be stopped in its tracks

Leading South Africa's delegation for crisis talks in Zimbabwe on 8 September – no matter how tortuous – must have been a welcome break for Ace Magashule, away from the...


Listing reputations

The listing of Botswana in February on the European Union's list of countries deemed not to be cooperating in the fight against money laundering and terrorist financing came as a s...


Displaying 91-100 out of 2416 results.