Kenyan Vote to Proceed as Opposition Withdrawal Is Disputed

Kenyan Vote to Proceed as Opposition Withdrawal Is Disputed

NAIROBI (Capital Markets in Africa) – Kenya’s electoral commission said a rerun of the country’s annulled presidential election will go ahead on Oct. 26, as the main opposition disputed the authority’s assertion that its candidate has yet to withdraw from the race. National Super Alliance leader Raila Odinga, who announced on Tuesday that he’s pulling out, must fill in a so-called Form 24A to formalize his exit from the poll, the Independent Electoral & Boundaries Commission…

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Political Crisis With No Clear End Grinds Down Kenya Economy

Political Crisis With No Clear End Grinds Down Kenya Economy

NAIROBI (Capital Markets in Africa) – Joyce Njeri stands outside her clothes boutique in Nairobi, Kenya’s capital, trying to entice a handful of passers-by to look at the clothes she has for sale. There aren’t many takers.   Commerce in Nairobi’s central business district already started tailing off before presidential elections on Aug. 8 that the Supreme Court annulled following vote-rigging allegations. It’s slowed dramatically during the twice-weekly protests the opposition called to demand an overhaul…

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Kenya Opposition Takes to Streets as Election Decision Looms

Kenya Opposition Takes to Streets as Election Decision Looms

NAIROBI (Capital Markets in Africa) – Kenyan police fired teargas at opposition supporters in two cities as the East African nation awaits the electoral commission’s response toRaila Odinga’s withdrawal from a presidential vote rerun that threatens a constitutional crisis. Demonstrators marched in the capital, Nairobi, and the western city of Kisumu to protest what Odinga said is the electoral commission’s failure to ensure that the new vote ordered by the Supreme Court will be fair….

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Congo Elections Won’t Be Held Before April 2019, Commission Says

Congo Elections Won’t Be Held Before April 2019, Commission Says

KINSHASA (Capital Markets in Africa) – Elections in the Democratic Republic of Congo that were due last year won’t be held before April 2019, the electoral commission said, a delay that undermines a pact President Joseph Kabila’s supporters made with his political opponents for him to step down this year. The commission said in a statement that it will need 504 days to organize the polls once it completes the enrolment of voters. The body says it has finished…

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Liberians Elect New President As Johnson Sirleaf Steps Down

Liberians Elect New President As Johnson Sirleaf Steps Down

MONROVIA (Capital Markets in Africa) – Liberians vote Tuesday to choose a new legislature as well as a president to replace Nobel Peace Prize laureate Ellen Johnson Sirleaf from among 20 candidates who include a retired soccer star, a former warlord and a wealthy chicken farmer. Johnson Sirleaf, Africa’s first elected female president who’s governed the impoverished nation for 12 years, has thrown her support behind Vice President Joseph Boakai, 72. He’s the leader of the ruling Unity…

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Mugabe Dents Deputy’s Leadership Bid in Zimbabwe Cabinet Change

Mugabe Dents Deputy’s Leadership Bid in Zimbabwe Cabinet Change

HARARE (Capital Markets in Africa) – Zimbabwean President Robert Mugabe replaced his finance minister in a cabinet reshuffle that weakened his vice president, who’s considered one of the main contenders to succeed him as leader of the southern African nation. Mugabe, 93, removed Patrick Chinamasa as finance minister, giving him a new cyber-security portfolio and stripped Vice President Emmerson Mnangagwa of his position as justice minister. Chinamasa was replaced by former Home Affairs Minister Ignatius Chombo, while the justice portfolio was given…

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Soccer Star, Ex-Warlord Among Hopefuls for Liberia President

Soccer Star, Ex-Warlord Among Hopefuls for Liberia President

MONROVIA (Capital Markets in Africa) – Disappointed by President Ellen Johnson Sirleaf’s failure to deliver on her pledge to make education free for all, Kumba Tamba is pinning her hopes on the almighty as Liberia votes for a new leader. The West African nation, founded for freed American slaves almost 200 years ago, is holding presidential and legislative elections on Tuesday that mark the end of the 12-year tenure of Johnson Sirleaf, who’s known as Ma Ellen…

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