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Published 26th June 2026

Vol 67 No 13


The Red Sea reckoning to come

A NEW POLITICAL GEOGRAPHY: The Gulf now stretches from the Strait of Hormuz to the Red Sea. Copyright © Africa Confidential 2026
A NEW POLITICAL GEOGRAPHY: The Gulf now stretches from the Strait of Hormuz to the Red Sea. Copyright © Africa Confidential 2026

The US-Iran MoU has not brought calm to the Horn – it has opened a new competition in the waters that matter most to the Gulf states and their African counterparts

The memorandum of understanding digitally signed by United States President Donald Trump and Iran’s President Masoud Pezeshkian on 18 June was welcomed in most world capitals as the end of a devastating conflict. It promised an immediate ceasefire, a 60-day negotiating window on Iran’s nuclear programme, US sanctions relief, and a US$300 billion reconstruction fund financed by private investment. But a day before the formal signing, Iran temporarily closed the Strait of Hormuz in protest at Israeli operations in southern Lebanon – an early reminder of how brittle the arrangement is. Talks resumed in Switzerland on 22 June to produce another roadmap, with some progress on shipping in the Strait of Hormuz and on Lebanon.


The pips are already squeaking

William Ruto assents to the Finance Bill, 23 June 2026. Pic: @WilliamsRuto
William Ruto assents to the Finance Bill, 23 June 2026. Pic: @WilliamsRuto

Treasuries insist that higher domestic tax revenues will fund rising budgets, but can already hard-pressed workers be squeezed any further?

Faced with a combination of fuel and fertiliser price rises resulting from the Iran war, high debt servicing costs and declining aid flows hitting consumer spending and government...


Growth promised, but debt is closing in

EAST AFRICA: BUDGETS EXPAND DESPITE LARGE DEFICITS. Copyright © Africa Confidential 2026
EAST AFRICA: BUDGETS EXPAND DESPITE LARGE DEFICITS. Copyright © Africa Confidential 2026

Regional economies are pushing investment but face the same pressures: constrained budgets, tougher lenders and impatient electorates

East Africa’s budget season has again been framed as a fightback against the global slowdown. Finance ministers in Kenya, Tanzania, Uganda, Rwanda and Burundi point to strong regional...



BLUE LINES
THE INSIDE VIEW

The 30 June deadline for undocumented migrants to leave South Africa, set by the anti-immigrant pressure group March and March, is a major test of President Cyril Ramaphosa’s government. The group sees the deadline as an opportunity to propel itself and its leader, Jacinta Ngobese-Zuma, into national politics, much as the far and nationalist right has done across Europe and the United States. The legitimate grievance it has tapped into is the widespread use of undocumented labour by busin...

The 30 June deadline for undocumented migrants to leave South Africa, set by the anti-immigrant pressure group March and March, is a major test of President Cyril Ramaphosa’s government. The group sees the deadline as an opportunity to propel itself and its leader, Jacinta Ngobese-Zuma, into national politics, much as the far and nationalist right has done across Europe and the United States.

The legitimate grievance it has tapped into is the widespread use of undocumented labour by businesses, which depresses wages. And the deadly violence against African migrants has already inflicted serious damage on South Africa’s international reputation. But the toxic combination of low growth, low wages and high unemployment that March and March has traded on is a highly selective reading of the economy. Forecasts by Investec Group that South Africa’s growth rate could reach 3% by 2030 – as bottlenecks in electricity, logistics and other infrastructure ease – suggest a far less bleak outlook.

The OECD, the World Bank and the IOM estimate that immigrants contribute a 5% boost to South Africa’s per capita incomes. They highlight a multiplier effect in which migration drives significant increases in job creation.

‘It is vital that migration be managed in a lawful, orderly and humane manner,’ International Relations Minister Ronald Lamola said last week. It is just as important that this sentiment carries the day.

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Mnangagwa buys another two years

The President has coerced and co-opted enough MPs to back the extension of his rule until 2030 – but he could still trip up

The fight against President Emmerson Mnangagwa’s plan to extend his tenure will not end with parliament’s passing of the Constitutional Amendment Bill Number 3 (CAB3) on 18 June....


Border talks gain unexpected momentum

Technical teams have mapped out steps towards reopening crossings and reviving trade after months of political rupture

Gunfire around Niamey’s airport on 18 June – the second militant assault on the facility in six months – has sharpened the urgency of a diplomatic opening between...


Whitehall’s soft power shrinks as the BBC cuts back again

The broadcaster’s African services face more cuts, even to its flagship Nairobi bureau, as managers hunt for savings and reshape digital teams

What is being presented in London as an efficiency drive looks like a strategic retreat in Nairobi, Lagos and Johannesburg. Under government pressure, the BBC is trimming capacity...



Pointers

The ghost of Savimbi

The União Nacional para a Independência Total de Angola (UNITA) has turned to an old ally as it steps up its international lobbying ahead of next year’s general...