Why Zimbabwe’s Military Abandoned Mugabe

  Why Zimbabwe’s Military Abandoned Mugabe The Blood Brotherhood Sticks Together By Philip Martin In 2016, when Zimbabwe was rocked by a summer of protests and a social movement gone viral, I argued in Foreign Affairs that the Zimbabwe National Army (ZNA) was unlikely to break ranks with President Robert Mugabe and his ruling party, the Zimbabwe African National Union–Patriotic Front…

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Nigeria’s Largest Insurance Companies and the $456M Under-Performing Sector

  Nigeria’s Largest Insurance Companies and the $456  Million Under-Performing Sector The Nigerian Insurance Sector is often regarded as the most under-performing in the financial sector, especially if you compare it to other insurance sectors across the world. At a combined market capitalization of about N146 billion it pales in comparison to the banking sector,…

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Why Did Moody’s Downgrade Eight Nigerian Banks Despite Escape From Recession?

  Why Did Moody’s Downgrade Eight Nigerian Banks Despite Escape From Recession? Moody’s Investors Service (Moody’s) has downgraded to B2 from B1 the long-term local currency deposit and issuer ratings of four Nigerian banks. It also downgraded the long-term local and foreign currency issuer ratings of another development bank. The agency, in its new rating…

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Are You an Investment Consultant? UK Antitrust Watchdog Is Coming After You?

    Are You an Investment Consultant? UK Antitrust Watchdog Is Coming After You?   The Financial Times (London) reports that the the Financial Conduct Authority (FCA) has handed a probe into the investment consultancy industry, whose biggest companies collectively oversee £1.6 trillion of assets, to its fellow regulator, the Competition Market Authority (CMA). This…

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Africa Is Still Running Elitist Universities and Widening Inequality

  Africa Is Still Running Elitist Universities and Widening Inequality   Countries in Sub-Saharan Africa have failed to move their tertiary education systems from highly elitist to mass-based when compared with other regions in the world, according to a new World Bank study. According to the report Sharing Higher Education’s Promise Beyond the Few in Sub-Saharan Africa,…

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