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Displaying 751-760 out of 2689 results.

A charter for trouble

Battle is looming between the government and mining companies over plans for more black empowerment

Mining firms already struggling with low international commodity prices and rising labour costs are up in arms about the draft revised Mining Charter which the government issued for...


ANC cries 'mayday'

Talk of a new trades union federation is closer than than ever to reality, Africa Confidential has learned. The country's largest union, the National Union of Metalworkers of...


Third premier lucky

New Prime Minister Olivier Mahafaly Solonandrasana faces a key test next month when he presents his government programme to Parliament. It will be a challenge to sustain majority...


IMF cut-off follows secret debt shock

The Fund has stopped flows to Maputo after secret debts came to light. Even more massive obligations remain hidden, we can reveal 

Shocked by revelations that top security officials in Maputo had racked up secret state-backed loans as big as $1.5 billion, the International Monetary Fund has cancelled its emergency...


Zuma's many foes mobilise

A campaign calling for Zuma's resignation is growing while his battle with opponents inside the ANC is undecided

The governing African National Congress (ANC) is under pressure from a wave of popular protest the like of which has not been seen since before the first free...


Guptas fly out

The Gupta family has flown out of South Africa and relinquished all posts in their companies, despite strenuous denials that they were leaving for good. They threatened Africa...


Night of the generals

Increasing surveillance of ANC dissidents and burglaries of journalists and activists point to paranoia at the top

A veteran of the pre-liberation African National Congress armed wing, Umkhonto we Sizwe (MK, Spear of the Nation), General Siphiwe 'Gebuza' Nyanda doesn't scare easily. Yet when a...

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Dollar curbs anger bigwigs

The central bank is restricting dollar exports in the face of strong resistance from the ruling elite

Government officials and bankers are 'narrowing options' for international transfers in US dollars because correspondent banks fear the United States government will punish them for dealing with the...


Clearing decks and debts

Hopes are high for a debt-repayment package, the next step on the road to new credit and investment but key reforms will be necessary

Zimbabwe has approached Algeria for US$900 million to help clear its debt-repayment arrears, financial sources in Harare have told Africa Confidential. Zimbabwe owes $1.8 billion to international financial...


Gordhan and Zuma slug it out

When the Finance Minister went on an investment tour the President arranged for a nasty surprise to meet him on his return

Finance Minister Pravin Gordhan went to London, Boston and New York from 7-11 March to persuade investors, ratings agencies and the world that South Africa is still a...


Displaying 751-760 out of 2689 results.