Author: The Editorial Team

DAR ES SALAAM (Capital Markets in Africa)  – Tanzanians already have to watch what they publish, tweet and even sing. Now President John Magufuli’s administration is poised to put opposition parties under even greater scrutiny. Proposed amendments to the East African nation’s Political Parties Act would give a regulator sweeping powers to monitor the funding, membership and plans of opposition groups. Critics say it could effectively criminalize dissent, already rare three years after Magufuli took office. One…

LONDON (Capital Markets in Africa) – Brexit uncertainty is cascading through the U.K. economy, rattling households and companies, according to Bank of England Governor Mark Carney. In its Inflation Report on Thursday, the central bank delivered a pessimistic view, with Carney warning that the “fog of Brexit” is creating tensions. Even based on a smooth exit from the European Union — which looks more unlikely as the March 29 deadline rushes closer — it still sees the economy…

JOHANNESBURG (Capital Markets in Africa) – Politics is tying the hands of South African President Cyril Ramaphosa as he weighs policy trade-offs needed to rejuvenate a moribund economy. The labor union leader-turned businessman took office a year ago, shortly after winning control of the ruling African National Congress by a razor-thin margin. With a large party faction remaining loosely aligned to his predecessor Jacob Zuma, Ramaphosa’s political control remains tenuous. He is due to announce the government’s policy…