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Naval deal under spotlight

Luanda's latest lavish defence contract has eerie echoes of Mozambique's controversial naval procurement

Angola is planning a major expansion of its navy with the help of Privinvest Group, the company which supplied fishing vessels and high-technology military patrol boats to Mozambique....


Artfully dodging debt

A growing faction in the governing Frente de Libertação de Moçambique (Frelimo) favours repudiating its US$2 billion in questionable secret loans. It wants those responsible for the loans,...


Squeezing the banks

The government has decided to mobilise domestic savings and deposits to plug the gap in public finances under the routine-sounding name of the State's Annual Debt Plan. The...


Hery's hard line

The three-cornered fight between the president and his predecessors looks set to continue, and with it yet more instability and conflict

Just when Malagasy politics appeared to be edging towards a more consensual mood, with the last-minute passage of the 2017 budget and a distinctly upbeat December donors' meeting...


Power struggle goes nuclear

The ANC's bitter internal battles threaten to slow government business to a crawl 

On South Africa's Reconciliation Day on 16 December, President Jacob Zuma's speech in the North-West Province was brought to a halt when strong wind and heavy rain blew...


Frelimo's quagmire

The people who trapped the country in secret debts are still in charge and likely to remain, but investment is falling

President Filipe Nyusi is weak and not in effective control of either the country or the governing party, the Frente de Libertação de Moçambique. Political instability will be...


Mugabe's waiting room

Vice-President Mnangagwa looks increasingly set to take over the reins despite the First Lady's strong opposition

The country's restless public has failed to dislodge its nonagenarian leader, Robert Mugabe, who has ruled since 1980. If predictions of his demise have been as premature as...


Lungu for longer

The president's aim to have a third term will dominate politics much as the anticipated IMF programme will dominate the economy

After a year dominated by the election that controversially returned President Edgar Lungu and the Patriotic Front to power, the main political battles in 2017 look set to...


The bad loans bite back

With oil revenue no longer able to conceal the cracks, a reckoning is coming for the banks which lent freely to the elite and now face a mountain of bad debt

Two queues can be seen outside any branch of Banco de Poupança e Crédito, Angola's biggest public lender: a long one of hopeful withdrawers of cash, and a...


Preparing for the worst

Spending cuts announced in November should ease negotiations in January for an IMF package. Shocks are in store

The much-needed International Monetary Fund financial package expected in January will be accompanied by drastic cutbacks and a drop in living standards. Major cuts to fuel, electricity and...


Displaying 761-770 out of 2761 results.