Vol 52 No 10 | ZAMBIAMINING Glencore connection 13th May 2011 The serenity of Glencore’s Initial Public Offering on the Hong Kong and London Stock Exchanges remains undisturbed by revelations of inflated costs and transfer-pricing by Zambia’s Mopani Copper...
Vol 4 (AAC) No 7 | ANGOLAASIA Shine on you crazy diamond 13th May 2011 The diamond mines have been closely guarded by the Angolan elite and a Chinese company is set to make its first investment in Angola’s precious stones The ownership and control of the multi-billion-dollar China Sonangol joint venture continue to baffle business people in Luanda. Ask officials from Beijing about China Sonangol and the response...
Vol 4 (AAC) No 7 | ANGOLACHINA China Sonangol still hungry 13th May 2011 China Sonangol and its subsidiaries continue to make Angolan acquisitions. In February, China Sonangol won three deep-water pre-salt oil (equity) concessions in Blocks 19, 20 and 38, adding...
Vol 4 (AAC) No 7 | MADAGASCARCHINA Making room for friends 13th May 2011 London-listed Madagascar Oil’s battles with the Malagasy government are heating up. The two sides are now heading for international arbitration. The dispute arose when the Haute Autorité de...
Vol 4 (AAC) No 7 | ZIMBABWECHINASINGAPORE Trucks, triads and subs 13th May 2011 Few believe the official explanation that 87-year-old President Robert Mugabe’s frequent visits to Singapore are to monitor his February cataract operation or that he is being the doting...
Vol 4 (AAC) No 7 | ANGOLA Manuel Vicente 13th May 2011 Chairman and CEO, Sociedade Nacional de Combustíveis de Angola Angola is the largest African supplier – and the second-largest worldwide – of crude to China. To mark the importance of this relationship, on 15 April, Vicente received...
Vol 4 (AAC) No 7 | SOUTH AFRICA Maite Nkoana-Mashabane 13th May 2011 Minister of International Relations and Cooperation, South Africa South Africa is now a junior member of BRICS, the group of emerging economies that in some heady assessments will tilt the balance of global power. President Jacob...
Vol 52 No 9 | SOUTH AFRICAANALYSIS Local elections threaten the ANC's national grip 29th April 2011 Municipal elections do not always stir passions but those on 18 May hold great significance for an African National Congress beset by infighting and disunity. They promise to be the most competitive polls since majority rule began in 1994 and will affect the ANC’s National Congress next year, signpost 2014’s presidential and parliamentary elections and test the Tripartite Alliance of ANC, Confederation of South African Trade Unions (Cosatu) and SA Communist Party (SACP), which is split several ways on economic policy. President Jacob Zuma’s political position has become precarious and a poor show at the municipal polls will hurt him as much as his governing party (AC Vol 52 No 8)....
Vol 52 No 9 | SOUTH AFRICAANALYSIS Towns at risk for the ANC 29th April 2011 The ANC faces tough electoral competition in several constituencies.
Vol 52 No 8 | MALAWI Mutharika cracks down 15th April 2011 The President has always rejected criticism but his reaction to recent dissent could prompt more unrest and damage national finances Fearing a revolt along North African lines, President Bingu wa Mutharika has unleashed a wave of repression and intimidation, prompting further dissent as Western governments respond by cutting...