Vol 6 (AAC) No 2 | CONGO-KINSHASAINDIA Chemical of Africa in Lubumbashi pollution row 4th December 2012 A dispute over pollution in Katanga between Chemical of Africa – an Indian company based in Dubai – and local miners and non-governmental organisations may hit Chemaf’s expansion...
Vol 6 (AAC) No 2 | ZIMBABWEINDIA Political diamonds 4th December 2012 Harare has lost hundreds of millions of dollars in tax from diamond smuggling: some of it will end up financing next year’s election campaign The row over Zimbabwe’s missing diamond revenues will be at the centre of political campaigning ahead of next year’s general elections. Anti-corruption activists are accusing Indian traders of...
Vol 6 (AAC) No 2 | INDIA Anil Sardana 4th December 2012 Managing Director, Tata Power Anil Sardana is looking overseas to escape the constraints Indian markets place on his company. In April 2012, Tata Power formed a joint venture, Cennergi, with South...
Vol 5 (AAC) No 12 | MAURITIUSINDIABRIEFING Tax treats stay in downturn 2nd October 2012 Opaque flows of foreign direct investment (FDI) from Mauritius to India look set to continue – despite the eight rounds of negotiations over the Double Taxation Avoidance Agreement...
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 | 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 | 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...
Vol 5 (AAC) No 8 | ANGOLAINDIABRIEFING Asian workers strike in Kwanza Sul 1st June 2012 A wage dispute at an Angolan building site in Chindonga, a sleepy town in Kwanza Sul, is causing a storm in India.
Vol 5 (AAC) No 8 | INDIA Pratibha Devisingh Patil 1st June 2012 President, India The five-year term of Pratibha Patil, India’s first female President, ends on 25 July. Her final foreign tour on 27 April–7 May took in South Africa and the...
Vol 5 (AAC) No 7 | ZIMBABWEINDIA Steel while the iron is hot 4th May 2012 Essar’s investment in the former ZISCO operations have slowed again as negotiations over access to mining rights delay development Essar’s deal for rehabilitating NewZim Steel (formerly the Zimbabwe Iron and Steel Company) is teetering on the brink of collapse.
Vol 5 (AAC) No 7 | INDIAAFRICABRIEFING Coal is hot 4th May 2012 Southern Africa is now the major frontier of coal exploration for Indian energy companies. Khopoli Investments, a subsidiary of India’s largest private power producer, Tata Power, agreed a...
Vol 5 (AAC) No 7 | INDIA Amarendra Khatua 4th May 2012 India's Special Envoy to Sudan and South Sudan In late March, seconded from the External Affairs Ministry where he headed the passport division, Amarendra Khatua was appointed Special Envoy to Sudan and South Sudan to ...
Vol 5 (AAC) No 6 | INDIAAFRICABRIEFING Competition for clusters 28th March 2012 The African Union will determine which African countries will host India’s two new industrial clusters, which will be backed by billions of dollars in investment from the New...
Vol 5 (AAC) No 6 | INDIA Vilasrao Deshmukh 28th March 2012 Science and Technology Minister, India On 1-2 March, the first India-Africa Science and Technology Ministerial Conference was held in Delhi. The host was Vilasrao Deshmukh, who unveiled an array of new fellowships, exchanges...
Vol 5 (AAC) No 5 | DJIBOUTIETHIOPIACHINAINDIABRIEFING The railway’s coming 28th February 2012 Work will begin soon on the long-awaited new Ethiopia-Djibouti Railway. The two governments and their Chinese contractors are creating a US$1.5-billion trade corridor from Addis Ababa to the Djibouti...
Vol 5 (AAC) No 5 | INDIA M.D. Mallya 28th February 2012 Chairman, Bank of Baroda, India With healthy overseas profits, Bank of Baroda is looking to Africa as a ‘centre of growth’, according to Chairman M.D. Mallya. The state-owned bank plans to expand operations in Botswana,...
Vol 5 (AAC) No 4 | ZIMBABWEINDIABRIEFING Diamonds are a rough business 10th February 2012 The two-day state visit of India’s Commerce Minister Anand Sharma in mid-January gave Indian investors the opportunity to complain about the restrictions and obstacles that – despite decades...
Vol 5 (AAC) No 3 | INDIAAFRICA India’s new frontier 18th January 2012 Many Indian businesses are not waiting for government support for their African ventures and are transforming Africa’s economic infrastructure The Indian government starts 2012 aiming to almost double bilateral trade with Africa from US$46 billion to $70 bn. by 2015. Such plans disguise the fact that, so...
Vol 5 (AAC) No 3 | INDIA Cyrus Mistry 18th January 2012 Deputy Chairman, Tata Sons The Tata Group, one of India’s largest conglomerates, has named Cyrus Mistry as the surprise replacement for Chairman Ratan N. Tata, who steps down in December 2012 after...