Moving South Africa Away from Junk Status?
Finance Minister Pravin Gordhan has just presented his first Budget Speech since being reappointed following the unceremonious firing of Minister Nene.
Finance Minister Pravin Gordhan has just presented his first Budget Speech since being reappointed following the unceremonious firing of Minister Nene.
Incumbent President Yoweri Museveni has extended his 30-year rule of Uganda by at least another five years as a result of his definitive first round electoral victory over his closest rival, Kizza Besigye, who once served as his medical doctor during the bush war against Idi Amin.
Major hydropower projects, such as the Grand Ethiopian Renaissance Dam (GERD) in Ethiopia, invite enquiry into the potential to increase the generation, transmission and distribution of power, how best to finance these infrastructures and how to balance them with the call for a sustainable development approach.
The G20 has come to be seen as one of the world’s most important gatherings for the discussion of a range of issues broadly related to global economic governance. While the G20 is significantly more representative of developing countries’ interests than other informal structures (such as the G7), there is still only one permanent member from Africa – South Africa.
The third India–Africa Forum Summit (IAFS) took place in New Delhi in October 2015, just over a year after Narendra Modi became prime minister.
The single most significant thing that President Zuma acknowledged in his ‘State of the Nation Address’ last week was the risk of a credit rating downgrade for South Africa:
South Africans will remember the second and last business weeks of December 2015 for a long time to come because that particular period was characterised by almost unprecedented drama within South Africa’s governance structures, as Finance Minister Nhlanhla Nene was sacked.
The Mining Indaba, hosted annually in Cape Town, has arrived. However, the outlook for commodity prices is arguably the worst it has been since 2008, and China’s bumpy economic landing is not helping.
The rapid escalation of piracy and armed robbery at sea in the Gulf of Aden over the past decade has made maritime security a policy priority both for Africa and globally.
The African Peer Review Mechanism (APRM) Country Review Report (CRR) for Mozambique, published in July 2010, indicates that the interwovenness of party, government, state and business is a serious issue in the country.