Author: The Editorial Team

KAMPALA (Capital Markets in  Africa) – Step into a cinema in Uganda’s capital and you could watch an action-packed retelling of President Yoweri Museveni’s ascent to power. Step outside of it and Museveni could be watching you. A new surveillance system with hundreds of cameras on Kampala’s streets; a glitzy biopic made by the president’s daughter — superficially they have little in common. But in the East African country the former rebel has ruled with a…

LONDON (Capital Markets in Africa) – A senior ex-Barclays Plc executive said he was worried that a secret payment the lender made to Qatar to secure a bank-saving investment during the 2008 financial crisis would be seen as a bribe. Richard Boath, who was then head of Barclays’ European financial institutions group, told in-house lawyer Judith Shepherd in July 2008 about his concerns that a journalist would come across a planned payment to Qatari companies, prosecutor Ed Brown…

SUDAN (Capital Markets in Africa) – A Sudanese opposition group vowed to keep up its demonstrations against President Omar al-Bashir’s government, describing the release of some detained protesters as an attempt to buy time. About 162 people who’d been arrested during six weeks of protests have been released by the orders of the National Intelligence and Security Services, state-run Sudan TV reported early Wednesday. The Sudanese Professionals Association, an outlawed umbrella group of unions, said authorities…