Vol 65 No 16 | ZAMBIA Hichilema’s anti-corruption plan in disarray after claims against senior figures 24th July 2024 Critics say politically-connected business people are suborning senior officials at the Anti-Corruption Commission Angered by a raft of allegations against senior officials, President Hakainde Hichilema has dissolved the board of the country’s Anti-Corruption Commission (ACC). It follows ...
Vol 65 No 15 | SOUTH AFRICA The markets bet on Ramaphosa's grand coalition 18th July 2024 The key test for the Government of National Unity is whether it can mobilise the billions needed to revive growth and cut unemployment The excitement in the markets over the launch of the Government of National Unity (GNU) has to be balanced against the enormity of the challenges confronting the leaders of its 11 ...
Vol 65 No 15 | ZIMBABWE Concerns multiply over Mnangagwa's secretive wealth fund 18th July 2024 Claims that the Mutapa Investment Fund paid US$1.6bn to presidential ally Tagwirei highlight risks of grand corruption Shortly after his victory in last year’s disputed elections, President Emmerson Mnangagwa reconstituted the country’s Sovereign Wealth Fund, bringing 66 state-owned ent... READ FOR FREE
Vol 65 No 15 | ZIMBABWE Against the odds, can the new ZiG currency tame inflation? 5th July 2024 With 80% of business still priced in US dollars, many are sceptical of the latest monetary plan Dropped into its sobering assessment of Zimbabwe’s economic prospects the IMF Article IV review team offered some qualified support for the Zimbabwe Gold (ZiG) currency on 28...
Vol 65 No 14 | ANGOLA Gargantuan debt servicing poses threat 4th July 2024 The lessons of Kenya’s crisis loom large as Luanda officials search for a way to cut repayment demands Angola is Africa’s second-biggest oil producer but is facing what is arguably the continent’s worst debt crisis. Unlike fellow heavily indebted economies in Ghana and Z...
Vol 65 No 14 | ANGOLA Political glitches hold up reforms 4th July 2024 Fear of popular protest deters the government from cutting fuel subsidies and privatising state assets Midway into his second term, President João Lourenço has spent more time trying to consolidate his grip on the ruling Movimento Popular de Libertação de...
Vol 65 No 14 | MOZAMBIQUE End of the loan line 4th July 2024 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 Cour...
Vol 65 No 13 | SOUTH AFRICA The centre is holding – for now 20th June 2024 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 pla...
Vol 65 No 13 | MALAWI No plaudits for anti-corruption supremo 20th June 2024 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 p...
Vol 65 No 13 | SOUTH AFRICA The ANC stitches together a pro-market coalition 14th June 2024 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 t...
