Vol 5 (AAC) No 10 | MAURITIUSINDIA To save a treaty 31st July 2012 Pressure mounts again on the treaty that allows funds to transit untaxed through Mauritius and into India’s markets Mauritius and India are gearing up for another confrontation over the 1983 Double Taxation Avoidance Agreement. The DTAA allows Indian investors to avoid paying tax by funnelling their...
Vol 5 (AAC) No 10 | GUINEACHINA Condé’s great giveaway 31st July 2012 A government partner is handing over major stakes in the Simandou contracts to Chinese state-owned firms Despite support from groups like George Soros’s Open Society Institute, President Alpha Condé’s government persists in striking troublesome mining deals. The government and the African Iron Ore Group,...
Vol 5 (AAC) No 10 | ZIMBABWEINDIA Missing the sparklers 31st July 2012 Disappearing diamond revenue is slowing economic growth and enriching illicit networks at the interstices of India-Zimbabwe trade Disappointing diamond revenues and other factors forced Finance Minister Tendai Biti to slash predictions for Zimbabwe’s gross domestic product growth in 2012 from the expected 9.4% to just...
Vol 5 (AAC) No 10 | ZIMBABWEINDIA No retail therapy here 31st July 2012 Since he was widowed in March 2009, Movement for Democratic Change (MDC) leader Morgan Tsvangirai has been involved in a series of romantic escapades that have drawn...
Vol 5 (AAC) No 10 | INDIAAFRICABRIEFING New Delhi’s Development partnerships 31st July 2012 Indian policy-makers are getting more serious about the effective delivery of aid to their diplomatic allies. New Delhi lags far behind its Asian counterparts in speed of despatch,...
Vol 5 (AAC) No 10 | CAMEROONCHINABRIEFING Contracts and complaints 31st July 2012 Amid unprecedented criticism from the European Union and strikes on several worksites, Chinese companies are having a rough time in Cameroon. With Hanlong Mining’s backing of the Mbalam...
Vol 5 (AAC) No 10 | NIGERCHINABRIEFING It’s only just begun 31st July 2012 Ahead of the Fifth Forum on China-Africa Cooperation (FOCAC V) in Beijing on 19-20 July, President Mahamadou Issoufou declared that Niger’s cooperation with China on natural...
Vol 5 (AAC) No 10 | ZIMBABWECHINABRIEFING Diamonds give you wings 31st July 2012 Anjin Investments is attracting even more attention from the authorities after a Global Witness report released in late June highlighted the company’s links to the security services and...
Vol 5 (AAC) No 10 | SOUTH KOREA Kim Hwang-sik 31st July 2012 Prime Minister, South Korea On a 8-13 July trip to East Africa, Prime Minister Kim Hwang-sik met Kenyan Premier Raila Odinga and President Mwai Kibaki. Kenya lobbied for South Korean participation in...
Vol 5 (AAC) No 10 | INDIA Vikramjit Singh Sahney 31st July 2012 President, Sun Group After years spent cultivating India’s relations with Southern Africa, V.S. Sahney has turned his attention to the West. In July, Sahney led a Federation of...