Interview

JOHANNESBURG (Capital Markets in Africa) – Winnie Madikizela-Mandela, whose reputation as a hero of the fight to end white-minority rule in South Africa was tainted by kidnapping and fraud convictions, has died. She was 81. The former wife of Nelson Mandela died in Johannesburg on Monday after a long illness, a family spokesman said in a statement. Her marriage to Mandela in 1958 thrust her onto center stage of South African politics, and she emerged as a…

DAVOS, Switzerland, January 25, 2018/ — Remarks by His Excellency, Prof. Yemi Osinbajo, SAN, GCON, The Vice President of The Federal Republic of Nigeria, at an Interactive Session Titled “Stabilizing The Mediterranean” at the World Economic Forum in Davos, Switzerland, on Wednesday, 24 January, 2018: Q: How realistic is Africa replacing China as the factory of the world, how realistic is that? How do you look at the Marshall plan for Africa, is it something…

JOHANNESBURG (Capital Markets in Africa) – Christo Wiese’s grip on his global furniture retailing empire is slipping after the South African billionaire resigned from the board of troubled Steinhoff International Holdings NV and creditors forced a sale of part of his stake. Wiese stepped down from his role as chairman to resolve questions over any conflict of interest as the owner of Mattress Firm in the U.S. and Conforama in France fights for survival amid a deepening accounting…

HARARE (Capital Markets in Africa) – Zimbabwean President Robert Mugabe’s 37-year monopoly on power has come to an abrupt end. The military seized power and detained Mugabe following a week of confrontation with his government. While the army generals say they aren’t staging a coup or targeting the 93-year-old president, it’s clear they are calling the shots for now in the impoverished southern African nation. 1. What sparked the crisis? It’s all about who will succeed…