Author: The Editorial Team

DAR ES SALAM (Capital Markets in Africa) — Tanzania’s maverick President John Magufuli has used his strong personality to cow corrupt civil servants and force foreign mining companies to pay millions of dollars in outstanding tax. The coronavirus may be less responsive. Last week, he became the first African leader to declare victory over the virus, even though health data haven’t been released for more than a month. He’s criticized the national laboratory for exaggerating…

LONDON (Capital Markets in Africa) — Prime Minister Boris Johnson will talk his cabinet through his plans for easing the U.K.’s lockdown on Tuesday after officials reported the lowest number of daily deaths since restrictions were imposed. The prime minister said last month that non-essential retailers would be able to reopen on June 15 if the threat of the virus continued to recede, and Health Secretary Matt Hancock said Monday’s positive data means the government can press…

LAGOS (Capital Markets in Africa) — The campaign to lead the World Trade Organization during the most turbulent period of its 25-year existence has officially begun. Playing out against the backdrop of a pandemic, a worldwide recession, the U.S.-China battle for trade supremacy and the American presidential election, there couldn’t be more at stake. But Brazilian Director-General Roberto Azevedo’s decision to step down at the end of August, a year before his term ends, also…