Author: The Editorial Team

LONDON (Capital Markets in Africa) – U.K. Prime Minister Theresa May is facing a potentially catastrophic defeat for her Brexit strategy as members of Parliament line up to attack her revised deal, hours before they are due to vote on it. If she loses the critical vote on Tuesday evening by a large margin, the risk is it will spell the end for the agreement May has spent the past two years painstakingly piecing together with the…

MADAGASCAR (Capital Markets in Africa) – Madagascar may not have enough candidates to compete in legislative elections scheduled for May 27. A day before registration closes, only 88 candidates have registered to take part in the vote for the Indian Ocean island nation’s 151-seat parliament. The previous ballot in 2013 attracted 2,069 candidates. The low turnout comes two months after the government increased the registration deposit that candidates must pay the electoral authority to 5…

JOHANNESBURG (Capital Markets in Africa) – Factions in South Africa’s ruling African National Congress are seizing the policy initiative and undermining President Cyril Ramaphosa’s efforts to revive the nation’s flagging economy, according to Robert Schrire, a political science professor at the University of Cape Town. Since Ramaphosa replaced Jacob Zuma as president a year ago, after winning the party leadership vote by the narrowest of margins, his opponents have retained some top ANC and state posts and advocated policies…