Reuters Africa

IMF executive board to meet Dec. 13 to discuss Somalia’s debt relief

(Reuters) – The International Monetary Fund’s executive board will meet on Dec. 13 to discuss debt relief for Somalia, the Fund´s spokesperson Julie Kozack told a press conference on Thursday. This would be an “upcoming milestone” for the country, Kozack said, adding that the consideration would be under the heavily indebted poor countries initiative, known …

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South Africa to pick Marokane as CEO of utility Eskom -Bloomberg

JOHANNESBURG (Reuters) – South Africa is expected to appoint Dan Marokane as Chief Executive of struggling state power utility Eskom, Bloomberg News reported on Thursday, citing unnamed sources. Spokespeople for Eskom and the Department of Public Enterprises, the government department that oversees the power company, declined to comment on the Bloomberg report. Eskom has been …

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Sierra Leone ex-president Koroma summoned for questioning over failed coup

FREETOWN (Reuters) -Sierra Leone police have summoned former president Ernest Bai Koroma for questioning as part of their investigation into a failed coup attempt on Nov. 26, information minister Chernor Bah said in a statement on Thursday. Koroma is invited to report to the headquarters of the Criminal Investigations Department in Freetown within 24 hours, …

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UK’s Sunak tells divided party his Rwanda migrant plan is the only way

By Andrew MacAskill, Kate Holton and Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak appealed to his Conservative lawmakers on Thursday to unite behind his plan to send asylum seekers to Rwanda after a revolt that once again exposed deep divisions in his party. Sunak is facing the biggest challenge to his year-long tenure …

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S. Africa’s consumer confidence drops in fourth quarter – survey

(Reuters) – South Africa’s fourth-quarter consumer confidence fell to the lowest in two decades for the festive season, according to a survey released on Thursday, as the country struggles with higher interest rates and a cost-of-living crisis. The consumer confidence index, sponsored by the First National Bank (FNB) and compiled by the Bureau for Economic …

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