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Alarm over new debts

After the cancellation of much foreign debt, the government has embarked on a commercial borrowing spree

The government is on a credit binge and is taking on billions of dollars’ worth of loans. Its new-found creditworthiness is based on wealth from mineral resources and...


Luanda shouts back at Lisbon

A government newspaper calls Portugal corrupt and ignorant after it starts an investigation into allies of Dos Santos for financial crimes

Reports of criminal investigations in Portugal into Angolan money-laundering have angered President José Eduardo dos Santos. Relations between the two countries were ‘not well’, he said last month....


MPLA insider faces charges in Brazil

Another key bilateral relationship of Angola’s could also come under stress after Interpol issued a Red Notice on the owner of Angolan soccer club Kabuscorp FC, General Bento...


Country for old men

Hopes of a credible alternative to SWAPO in next year’s elections were dashed when last week’s congress of the Rally for Democracy and Progress ended in bitter recriminations....


Abductions fuel anxiety

Police officers and their accomplices may be behind the current wave of kidnapping, private sector security sources have told Africa Confidential. The abductions are fuelling public anxiety over...


Vedanta cools row

India’s Vedanta Resources has moved to placate President Michael Sata after claims that the head of its Zambian subsidiary, Kishore Kumar, had insulted the Lusaka government. Kumar had...


Struggles with the economy

The ruling party’s skill at winning elections is as great as its grasp of the economy is weak. It is casting about for help and inspiration

It is becoming clear that the cost of the Zimbabwe African National Union-Patriotic Front’s July electoral victory is the loss of the financial credibility built up by Tendai...


ZANU-PF power struggles resume

With the election out of the way, the party resumes the postponed battle for the succession – and the knives are out

For a party that could so skilfully engineer the July national election, the Zimbabwe African National Union–Patriotic Front has been curiously inept at managing its own internal democracy....


Essar on hold

Negotiations drag on but the relaunch of ZISCO will take place before year's end, according to the Commerce and Industry Minister


Solomon Kerzner

Chairman, Kerzner International, South Africa

South Africa’s hotel and casino billionaire Sol Kerzner is going into business with China’s Fosun International. The deal is for a huge new resort on China’s Hainan Island,...


Displaying 1001-1010 out of 2675 results.