Vol 54 No 23 | MOZAMBIQUE Alarm over new debts 14th November 2013 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...
Vol 54 No 23 | ANGOLAPORTUGAL Luanda shouts back at Lisbon 14th November 2013 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....
Vol 54 No 23 | ANGOLABRAZIL MPLA insider faces charges in Brazil 14th November 2013 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...
Vol 54 No 23 | NAMIBIA Country for old men 14th November 2013 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....
Vol 54 No 23 | MOZAMBIQUE Abductions fuel anxiety 14th November 2013 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...
Vol 54 No 23 | ZAMBIA Vedanta cools row 14th November 2013 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...
Vol 54 No 23 | ZIMBABWE Struggles with the economy 12th November 2013 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...
Vol 54 No 23 | ZIMBABWE ZANU-PF power struggles resume 5th November 2013 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....
Vol 7 (AAC) No 1 | ZIMBABWEINDIA Essar on hold 4th November 2013 Negotiations drag on but the relaunch of ZISCO will take place before year's end, according to the Commerce and Industry Minister
Vol 7 (AAC) No 1 | SOUTH AFRICA Solomon Kerzner 4th November 2013 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,...