Political Risks |

Kenya Opposition Suspends Vote Protests as Supporters Killed

NAIROBI (Capital Markets in Africa) – Kenya’s main opposition group suspended protests calling for electoral reform as it accused the government of deliberately targeting supporters in a series of killings since the country’s annulled presidential election in August. The death of a student in the western city of Kisumu on Monday was the latest in a series of murders as the country gears up for a rerun of the election next week, National Super Alliance…

Zuma’s Moves Threaten Split in South Africa’s Ruling Alliance

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JOHANNESBURG (Capital Markets in Africa) – South African President Jacob Zuma’s decision to fire communist party leader Blade Nzimande from his cabinet is widening a rift with two of the African National Congress’s closest allies before a key leadership conference in December. In dismissing Nzimande as higher education minister Tuesday, Zuma, 75, targeted the communist party, which along with the main labor confederation, Cosatu, has said the president must step down because of a series of scandals that have…

Theresa May’s Dinner With Juncker Yields No Signs of Brexit Progress

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LAGOS (Capital Markets in Africa) – United Kingdom Prime Minister Theresa May’s attempt to unblock stalled Brexit talks by traveling to Brussels to see European Commission President Jean-Claude Juncker yielded little, with both sides issuing a statement that entrenched their previous stances. May made the journey, after calls to German Chancellor Angela Merkel and France’s Emmanuel Macron, to try to break a deadlock that has some senior ministers in her team doubtful that the rest of the European Union even wants a deal. European…

Brawls, Autocratic Moves Threaten East African Democracy

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KAMPALA (Capital Markets in Africa) – Ugandan lawmakers brawl over a bill that could create a president-for-life. Tanzania arrests lawmakers and shutters newspapers. And as Kenya tries to rerun a botched election, a ruling party leader says what the country really needs is a benevolent dictator. As unrest and crackdowns plague some of the region’s largest economies, home to various levels of political freedom, the situation is adding to uncertainty in a part of the world already rocked by…

Sierra Leone Ruling Party Names Koroma Successor for 2018 Polls

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FREE TOWN (Capital Markets in Africa) – Sierra Leone’s ruling All People’s Congress appointed Foreign Affairs Minister Samura Kamara as its candidate for next year’s presidential polls to succeed President Ernest Bai Koroma. Kamara was named uncontested on Sunday as Koroma’s preferred successor at a party convention that was broadcast live on state-owned radio from Makeni, 187 kilometers (116 miles) northeast of the capital, Freetown. Koroma is due to step down after more than 10 years in…

What’s Next in Kenya’s Political Crisis Is Anybody’s Guess

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NAIROBI (Capital Markets in Africa) – Two months after Kenya staged its presidential election, the East African nation’s political future remains a guessing game. The drama began last month when the Supreme Court — in a first for Africa — annulled the Aug. 8 election because of “illegalities and irregularities” and ordered a fresh vote. That followed allegations by opposition candidate Raila Odinga that the original vote, won by President Uhuru Kenyatta, was rigged. The latest twist came…

George Weah Takes Early Lead in Liberia Presidential Election Count

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MONROVIA (Capital Markets in Africa) Former A.C. Milan soccer star George Weah and Vice President Joseph Boakai lead in Liberia’s presidential election as the electoral commission released provisional results of the October 10 vote. Weah won 39 percent of the vote, while Boakai got 31 percent, with about 548,000 ballots counted, Jerome Korkoya, chairman of the National Elections Commission, told reporters on Friday. The commission didn’t say how many of the 2.2 million registered voters took part in…

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