May Survives Another Vote as She Slowly Brings Opponents Onside

May Survives Another Vote as She Slowly Brings Opponents Onside

LONDON (Capital Markets in AfricaA) – A week ago, Theresa May’s aides expected that by now the prime minister would be reeling from a mass Cabinet walkout and a crushing parliamentary defeat. Instead, she’s clung on amid growing signs that opposition to her Brexit deal is eroding. The prime minister avoided confrontation with her ministers by backing downTuesday, and agreeing to give Parliament the option of postponing Brexit rather than crashing out without a deal. The muted…

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Senegal’s Sall Heads for Outright Win in Partial Vote Results

Senegal’s Sall Heads for Outright Win in Partial Vote Results

DAKAR (Capital Markets in Africa) – Senegalese President Macky Sall is leading Sunday’s election with the necessary majority for an outright win, according to unofficial results from most of the country’s 45 departments. Sall secured 57 percent of the 3.8 million votes counted in 39 departments that were compiled by a group of citizen observers known as Senegal Vote and tallied by Bloomberg. The results from 32 departments that were reported by state-run Agence de Presse Senegalaise…

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May Offers Parliament Vote to Delay Brexit If No Deal Agreed

May Offers Parliament Vote to Delay Brexit If No Deal Agreed

LONDON (Capital Markets in Africa) – Theresa May promised members of Parliament a vote to delay Brexit and block the potential economic disaster of a no-deal split with the European Union if they reject her divorce agreement next month. May said she will carry on trying to reach a deal in Brussels so the U.K. can leave as planned on March 29. But if that isn’t possible, Britain will not lurch out of the club of…

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How Would an Extension to the Brexit Deadline Work: Q&A

How Would an Extension to the Brexit Deadline Work: Q&A

LONDON (Capital Markets in Africa) = U.K. Prime Minister Theresa May has promised Parliament that it will have a chance to vote to extend the Brexit deadline next month as a way of avoiding a chaotic no-deal exit. How will it work? Is May calling for a delay? No. May says she doesn’t want to delay exit day on March 29. She’s offering the vote in order to head off a growing rebellion of lawmakers and ministers…

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EU Wants a Brexit Delay But Governments at Odds Over Length

EU Wants a Brexit Delay But Governments at Odds Over Length

LAGOS (Capital Markets in Africa) – The European Union has made no secret that it thinks Prime Minister Theresa May should delay Brexit day. The question is, for how long. May on Tuesday promised the British Parliament a vote on a “short” postponement if it doesn’t approve her deal by March 12. EU officials are relieved it lessens the chances of a crash-out Brexit at the end of next month but say there must be a clear plan for…

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Senegal’s Sall Takes Strong Lead in Partial Vote Results

Senegal’s Sall Takes Strong Lead in Partial Vote Results

DAKAR (Capital Markets in Africa) – Senegalese President Macky Sall took the lead in Sunday’s presidential vote, according to the preliminary results from more than half of the country’s 45 departments. Sall won 61.8 percent of the 2.7 million votes counted in 29 departments that were reported by state-owned Agence de Presse Senegalaise and tallied by Bloomberg. While there are 6.7 million registered voters in the West African nation, officials haven’t released the turnout rate, which historically…

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Nominations for the 2019 EY World Entrepreneur Award Are Now Open

Nominations for the 2019 EY World Entrepreneur Award Are Now Open

JOHANNESBURG (Capital Markets in Africa) – The search is on again for the world’s greatest entrepreneurs. These are individuals who have the courage to build something truly remarkable; inspire innovation without limitations; cut through the noise of this transformative age; and fuel growth by being unstoppable. Driven by their desire to better the world around them, they stop at nothing to achieve their greatest ambitions. Marking its 22nd year, the EY World Entrepreneur Award™ (www.EY.com/za/wea)…

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