TAR88 MARCH 2017
WHO RUNS SOUTH AFRICA?
From the fight between white capital and new money, to the institutional framework holding back the clique at the top, The Africa Report gives you an exclusive tour of the corridors of power in the twilight days of President Jacob Zuma’s time in office, highlighting the leaders in charge today and seeking to shape tomorrow.
Although Dar es Salaam has gained a reputation as a tricky customer in East Africa, it has started to play a more inclusive game. With a president cultivating a no-nonsense reputation and an economy set to be supercharged, Tanzania is making sure its voice is heard throughout the region.
Wafula Chebukati, the new chairman of Kenya’s electoral commission has yet to win the confidence of all the country’s main political players for the IEBC ahead of August elections.
As production slides and prices slump, an economy and political culture that has been hooked on oil for a generation is facing huge strains – but also starting to show signs of change. A new plan hopes to break the national addiction to oil exports, and bolster agriculture and manufacturing
Switzerland’s relationship to Africa is evolving, bringing the private sector to the fore and proving that changing conditions – from the commodities downturn to calls for banking transparency – can turn out to be opportunities.
ZAMCO, the state-run body that buys bad debts has helped some companies relaunch their activities, but its reliance on treasury bonds may further weaken the financial sector.
Admitting that the middle-class miracle it had predicted was falling short, Nestlé cut 15% of its Africa workforce in 2015, but it still sees long-term value on the continent. Kais Marzouki , Head of West and Central Africa, Nestlé, is interviewed about the company’s business in Africa.
No insurer wants to see new innovators encroaching on their territory. To outflank them, some are working with these fintech companies to help pursue their own technological projects, reach the continent’s large uninsured populations, develop new products and cut costs.
ART & LIFE
The typical Nigerian wedding is a carnival of its own that has given rise to an informal micro-economy, as ever-industrious Nigerians look to make gains from happy days.