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End of the loan line

Mozambique has reached a US$220 million out-of-court settlement with three more creditors in its $2 billion hidden loans case, which was heard last year in London’s High Court....


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The centre is holding – for now

President Ramaphosa’s Government of National Unity has months rather than years to regenerate jobs and hope

South Africa’s transition into coalition country politics – its most important shift since the liberation election of 1994 – happened so fast that most of the players were...


No plaudits for anti-corruption supremo

Most believe that the end of Martha Chizuma’s term of office effectively means the death of government prosecution of bribery

Many Malawians feel the book has now closed on the campaign by the Anti-Corruption Bureau (ACB) director Martha Chizuma to bring dozens of Malawian and foreign businesspeople and...


The ANC stitches together a pro-market coalition

Cyril Ramaphosa will lead a Government of National Unity with the centre-right but excludes two populist parties with 25% of the vote

The Government of National Unity deal is a return to form for Cyril Ramaphosa who helped negotiate the first post-apartheid coalition government 30 years ago. The difference this...


Choices get starker after the ANC vote crash

Shorn of a majority, Cyril Ramaphosa must choose between populists or pro-business centrists in a power-sharing deal

After its worst election in 30 years of power, the African National Congress (ANC) saw its vote share tumble to 40.2% and faces choices which will usher in...

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Government’s man subverts the resistance

Self-proclaimed leader Tshabangu takes over the opposition in parliament and backs plan to extend Mnangagwa’s presidential term

On 30 May, the Speaker of Parliament, Jacob Mudenda, appointed Sengezo Tshabangu as Leader of the Opposition, in what many are calling the end of opposition politics in...


Debt and drought weigh down economy

Finance Minister Musokotwane cuts growth forecasts as worst dry spell in four decades and a weaker kwacha drive up the cost of living

Making significant progress towards restructuring its debts, three-and-a-half years after defaulting on its Eurobonds, Africa’s second-largest copper producer is struggling to contain the fallout from severe droughts, continued...


Inching towards the end of the tunnel

After three-and-a-half years of talks and geopolitical clashes, officials in Lusaka foresee a comprehensive debt restructuring within months

At last an end is in sight for Zambia’s tortuous negotiations to restructure US$13.4 billion in foreign loans, after international bondholders met on 4 June to approve the...


Pitching for De Beers

The Botswana government may be clearing the way to bid for part of Anglo American’s 85% holding in De Beers, which the London-based mining conglomerate plans to divest...


Displaying 61-70 out of 2707 results.