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Displaying 31-40 out of 2214 results.

Flight of fancy

President Edgar Lungu's brand new Gulfstream G650 business jet arrived on 28 February and is parked in a purpose-built hangar at Lusaka international airport, which now boasts a ne...


Cash in the cabinet

President Lungu has chosen not to dismiss a minister after police found millions of dollars’ worth of cash in his home

Two weeks after his arrest on corruption charges, Zambia's Infrastructure Minister Ronald Chitotela remains in President Edgar Lungu's cabinet. After a tip-off from the Anti-Corrup...


Back to the future dollar

The Reserve Bank’s devaluation of its bond notes and surrogate currencies lays the ground for a new national currency

As food imports dwindle and oppositionists gear up for a fresh round of protests, the government has announced a radical shake-up to its currency regime to boost foreign reserves. ...

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Panic in the politburo

The arrest last weekend of Ndambi Guebuza, eldest son of ex-President Armando Guebuza, in connection with the US$2 billion hidden loans scandal has sent shock waves through the rul...


Anglo at a turning point

The mining behemoth’s fortunes are improving just as Vedanta makes clear its takeover ambitions

As mining investors and managers gathered for the annual Mining Indaba in Cape Town on 4 February the talk was of little else but the rumour that Anglo American might finally depar...


A party at war

A ferocious fight lies ahead for President Masisi as his predecessor mobilises to oust him from the top of the ruling party

Ex-President Ian Khama's anger at his successor, President Mokgweetsi Masisi, is so strong that he is backing a rival candidate to remove him from the leadership of the ruling Bots...


Turbulent beginnings

As protests against austerity grow, factions within the military and ruling party are vying for power and bludgeoning dissent

Everything hangs on the economy in 2019, but the outlook is dire. There are two semi-functional currencies apart from real US dollar notes: electronic 'US dollars' in local bank ac...


Debt and discontent

The economy and the popularity of President Lungu are shrinking fast, but the opposition is struggling to take advantage

With no prospect of a deal with the International Monetary Fund, the stand-off with donors over embezzled aid money far from resolved, ballooning domestic arrears, and low foreign ...


US spears the loan sharks

Indictments against foreign bankers and top Frelimo officials tied to the $2billion secret loans fraud have panicked the government. The charges are just the beginning

The United States government has indicted a swathe of bankers, sales people and Mozambican public officials with wire fraud, money laundering and securities fraud. It claims a crim...


Displaying 31-40 out of 2214 results.