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Southern Africa

Displaying 481-490 out of 2684 results.

Little cash, no credit

The liquidity crisis continues while the exchequer has a different kind of problem with liquids to deal with

The government's chronic shortage of cash has resulted not only in late payment of salaries for public servants, but also in a four-week default on a large loan...

The Ramaphosa relaunch

The President has the mandate to purge corruption from the ANC but his foes in the party will complicate reform efforts

President Cyril Ramaphosa's mandate at the polls, amid waning support for the ruling African National Congress and rapidly growing support for the populist Economic Freedom Fighters (EFF), leaves...

Sonangol's head rolls

The state oil company’s chair took the blame for chronic fuel shortages but there are deeper currents at work

The sacking of Sonangol chair Carlos Saturnino Guerra Sousa e Oliveira on 8 May is a deeply political affair, according to sources in Luanda. Saturnino replaced the billionaire...

Khama's tactical shift

After shaking off a challenge for the Botswana Democratic Party (BDP) leadership, President Mokgweetsi Masisi has begun a clear-out of the ruling party and cabinet ahead of elections...

Campaign plumbs the depths

The war of words between politicians is becoming more and more frenzied as polling day nears with no obvious favourite

The result of the 21 May general election is now anybody's guess, as President Peter Mutharika of the Democratic People's Party (DPP) and his main rival Lazarus Chakwera,...

ANC split threatens campaign

Jacob Zuma’s allies rally the troops to vote for the ruling party at provincial level – but endorse other parties at the national level

President Cyril Ramaphosa is running almost a solitary national campaign for the African National Congress in the 8 May elections while his opponents in the party, led by...

Treasury in the red

The liquidity problems are getting worse and state asset sales are looking more likely as a last resort to avoid debt default

The lavish spending and borrowing of President Edgar Lungu's government is starting to catch up with it. Africa Confidential has learned that in March, it had to raid...

Currency scams block reforms and deepen crisis

Senior ruling party figures are sabotaging the programme to stabilise the country's finances by exploiting their access to US dollars

Two months after the launch of vital currency reforms, the official exchange rate is still way out of line with the parallel market, despite solemn commitments by the...

Displaying 481-490 out of 2684 results.

 

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