Tag "Angola"

#ZIMBABWE: MUGABE’S EXIT STRATEGY ON THE HIGH-LEVEL NEGOTIATION TABLE

Embattled Zimbabwean President Robert Mugabe and the military officers who toppled him from power early on Wednesday seemed to be locked in long and bitter negotiations about his future late

Politics 0 Comments

NEW PRESIDENT TAKE OVER ANGOLA TOP JOB

Angola is Africa’s second-largest oil producer, yet that wealth has clearly not trickled down. President-elect Joao Lourenco, who is dos Santos’ chosen heir, says he wants to lessen dependence on

Junk Ratings Across Africa, Yet Bond Yields Don’t Show It

Every African nation that’s sold dollar debt now has at least one junk rating, but it would be hard to tell by looking at the bond market. The average yield

Business 0 Comments

South African retailer Shoprite’s profit jolts on Angola, Nigeria

South African retailer Shoprite, which recently scuffled plans to unite with Steinhoff International on Monday 21 February; reported a 15.5% jump into a half-year profit sustained by sharp sales growth