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Displaying 661-670 out of 2689 results.

Inflation fears are back

A cash shortage threatens another crisis and the government is desperate to stop it affecting its 2018 poll prospects

Inflation has started to rise again since, in an economy dominated by the US dollar, the government introduced a de facto domestic currency at the end of last...


Secret deal to end copper war

President Lungu and First Quantum are to settle the dispute out of court – to the dismay of the state copper boss

After weeks of high stakes gamesmanship over claims that First Quantum Minerals had cheated Zambia out of as much as US$2.3 billion, President Edgar Lungu has ordered his...


Economically bankrupt

The embattled African National Congress is rapidly running out of money as funders desert the party because of the increasingly erratic behaviour of its leader, President Jacob Zuma....


Everyone's fault but Zuma's

The beleaguered President believes the best defence is attack as he blames white business and the West for his woes

President Jacob Zuma has been trying to undermine his critics by claiming that all public attacks on his actions – whether in the media, from opposition parties or...


No place to hide

The once popular Jacob Zuma finds his room for manoeuvre ever more restricted as both supporters and enemies box him in

Humiliatingly shunned by both the powerful business community and the forces of labour and the left, President Jacob Zuma is on the defensive as never before. He has...


Spat with FQM continues

One of the biggest mining companies wants assurance its directors won't be arrested when they arrive to attend board meetings

The British-based mining company First Quantum Minerals Limited has written to the Attorney General to seek assurances that none of the directors of Kansanshi Mining PLC, which FQM...


To sue or to schmooze

Ministers are torn between demanding cash from a mining giant accused of fraud and maintaining a cosy relationship

The move by Zambia's largely government-owned mining investment company to sue First Quantum Minerals for fraud has put its chief executive officer Pius Kasolo at loggerheads with figures...


Mr Gigabyte's baptism of fire

The new Finance Minister swings through New York and Washington trying to give an impression of business as usual

South Africa's fourth Finance Minister in two years, Malusi Gigaba, encountered bemusement and indifference when he visited the United States last week for the International Monetary Fund and...


A meandering audit trail

The much-anticipated report on the secret loans is due out amid doubts about how much it will – or can – reveal 

Expectations and tension were building as the 28 April deadline for the delivery of the risk advisory firm Kroll's report on secret security state loans approached. Attorney General...


Displaying 661-670 out of 2689 results.