HARARE (Reuters) – Zimbabwe said on Friday that career banker John Mushayavanhu would take over as its central bank governor next year. President Emmerson Mnangagwa’s government said in a statement that Mushayavanhu has more than 30 years of experience at banks including Standard Chartered Bank and FBC Bank. Mushayavanhu will replace John Mangudya, whose 10-year …
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(Reuters) – Egypt holds a presidential election on Dec. 10-12 in which Abdel Fattah al-Sisi is set to secure six more years in power. The vote comes after a decade-long crackdown on dissent that has seen critics from across the political spectrum jailed. Authorities say the crackdown was needed to stabilise Egypt and that it …
Factbox-Egypt’s election follows long crackdown on dissent Read More »
By Aidan Lewis and Patrick Werr CAIRO (Reuters) – Egypt holds a presidential election on Dec. 10-12 in which Abdel Fattah al-Sisi is set to secure a third term amid an economic crisis that has seen the Egyptian pound tumbling, foreign currency drying up and inflation soaring. WHAT CAUSED EGYPT’S ECONOMIC WOES? Some causes date …
Explainer-How deep are Egypt’s economic troubles? Read More »
RABAT (Reuters) – Morocco on Friday joined an international campaign to phase out coal, as it plans to secure more than half of its energy needs from renewables in the next seven years. The Powering Past Coal Alliance (PPCA) now counts 60 national governments united by the desire to make a clean break with coal-fired …
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By Bhargav Acharya JOHANNESBURG (Reuters) -South Africa’s government on Friday appointed Dan Marokane as its next Chief Executive Officer of its state power firm Eskom, which has implemented the worst rolling blackouts on record this year. Marokane, who previously held senior Eskom positions, including as its head of group capital, will rejoin no later than …
South Africa picks Marokane as next CEO of power firm Eskom Read More »
By Sonia Rolley (Reuters) – Democratic Republic of Congo’s electoral commission (CENI) has asked the presidency to provide aircraft urgently to help distribute voting materials, just two weeks ahead of national elections, according to a letter seen by Reuters on Friday. The request highlights the logistical challenges to delivering the Dec. 20 vote as scheduled …
Congo election commission seeks urgent help to distribute voting materials Read More »
By Jennifer Rigby LONDON (Reuters) – The World Health Organization is “very worried” about the spread of a severe form of mpox that has killed nearly 600 people, mainly children, in the Democratic Republic of Congo this year, a senior official said. The country has reported over 13,000 cases in 2023, more than twice as …
JOHANNESBURG (Reuters) -South Africa’s rand weakened against the dollar on Friday after a surge in U.S. payrolls gains dampened hopes of an early interest rate cut by the Federal Reserve. At 1439 GMT, the rand traded at 18.9250 against the dollar, about 0.9% weaker than its previous close. The dollar index was last trading up …
South African rand weakens after surge in U.S. payrolls gains Read More »
(Reuters) -Egyptian President Abdel Fattah al-Sisi is set to secure a third term in an election on Dec. 10-12. The following is a timeline of his decade as Egypt’s most powerful man. July 2013: Sisi, then military chief, deposes Egypt’s first popularly elected president, the Muslim Brotherhood’s Mohamed Mursi, who came to power after the …
Key moments of Sisi’s decade as Egypt’s most powerful man Read More »
By MacDonald Dzirutwe LAGOS (Reuters) -The Dangote oil refinery in Nigeria on Friday received its first cargo of 1 million barrels of crude oil from Shell International Trading and Shipping Co (STASCO), bringing the start of operations closer after years of delays. Once fully running, the 650,000 barrel-per-day refinery funded by Africa’s richest man Aliko …
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