Post-Mugabe Zimbabwe Mining: Juniors Rush In; Majors Still Skeptical

Post-Mugabe Zimbabwe Mining: Juniors Rush In; Majors Still Skeptical  While Zimbabwe’s leadership change has sparked a race for the nation’s mineral riches among entrepreneurs and tiny explorers, big-name mining companies are taking a wait-and-see approach. New President Emmerson Mnangagwa has a lot to prove as he seeks to revive the economy and attract mining investment that shriveled under his predecessor, Robert Mugabe.…

Ramaphosa Set to Fire Malusi Gigaba as SA Finance Minister Before Budget

Speculations are rife that South Africa’s new President Cyril Ramaphosa will reshuffle the cabinet and replace Finance Minister Malusi Gigaba before the 2018 presentation of the budget to parliament on Wednesday. Ramaphosa was sworn in as head of state on Thursday after his scandal-plagued predecessor, Jacob Zuma, reluctantly resigned on orders of the ruling African…

Ramaphosa’s Priorities: Big Government Confronts Capacity and Vested Interests

The much-anticipated State of the Nation Address (SONA) by South Africa’s new president, Cyril Ramaphosa has come and gone. While the deserved euphoria lasts, one critical discernible theme in the SONA is the yawning gap in “capacity” to manage public institutions. Unsurprisingly, President Ramaphosa assured that he’d be embarking on a complete overhaul of state-owned enterprises…

The “Old” and the “New” ANC Set to Clash in Choice of New Leader on Sunday

    The “Old” and the “New” ANC Set to Clash in Choice of New Leader on Sunday South Africa’s ruling African National Congress (ANC) expects to announce Jacob Zuma’s successor as party leader on Sunday, a spokesman said, concluding a bruising leadership battle that threatens to tear it apart before a 2019 election. The…