- The IMF trimmed South Africa's 2010 GDP growth forecast to below 3% and expects 3.5% growth in 2011.
- Mugabe and allies control nearly 40% of seized Zimbabwe farmland, giving loyalty and land to Cabinet members, judges, and senior officials.
- Anadarko announced a major gas discovery off northern Mozambique's coast in the Rovuma Basin.
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- The IMF trimmed South Africa's 2010 GDP growth forecast to below 3% and expects 3.5% growth in 2011.
- Mugabe and allies control nearly 40% of seized Zimbabwe farmland, giving loyalty and land to Cabinet members, judges, and senior officials.
- Anadarko announced a major gas discovery off northern Mozambique's coast in the Rovuma Basin.
- The IMF trimmed South Africa's 2010 GDP growth forecast to below 3% and expects 3.5% growth in 2011.
- Mugabe and allies control nearly 40% of seized Zimbabwe farmland, giving loyalty and land to Cabinet members, judges, and senior officials.
- Anadarko announced a major gas discovery off northern Mozambique's coast in the Rovuma Basin.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
- The IMF trimmed South Africa's 2010 GDP growth forecast to below 3% and expects 3.5% growth in 2011.
- Mugabe and allies control nearly 40% of seized Zimbabwe farmland, giving loyalty and land to Cabinet members, judges, and senior officials.
- Anadarko announced a major gas discovery off northern Mozambique's coast in the Rovuma Basin.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online from Scribd
Download as doc, pdf, or txt
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Summary of Report
Economy & Energy
Private sector not ready to absorb civil servants – Fikile
NEDBANK Swaziland Managing Director Fikile Nkosi says the country’s private sector is not ready to absorb the soon to be retrenched civil servants because of the economic downturn.
IMF trims SA's 2010 GDP forecast
The International Monetary Fund (IMF) has trimmed South Africa's growth forecast for this year to below 3% and expects expansion of 3,5% in 2011, Abebe Aemro Selassie, division chief for the African department, said on Friday.
Mugabe and allies own 40% of seized land
Zimbabwe's president, Robert Mugabe, and his allies have seized nearly half the country's commercial farms in a land grab widely blamed for economic collapse, an investigation claims today. Mugabe has bought the loyalty of Cabinet ministers, senior army and government officials and judges with nearly five million hectares of agricultural land, including wildlife conservancies and plantations, according to the national news agency ZimOnline. A "new, well- connected black elite" of about 2 200 people controls nearly 40% of the 14-million hectares seized from white farmers, ZimOnline found.
Major gas discovery in Rovuma Basin
The Texas-based Anadarko Petroleum Corporation has announced a major new discovery of natural gas in the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado.
EU funding for Mozambican roads
The European Commission has approved funding of €22.5 million (about $30 million) for the Mozambican road sector for the period 2010-2013.
President Guebuza in Libya for Africa-Europe summit
President Armando Guebuza on 28 November arrived in Tripoli to take part in the third Africa- European Union summit. The summit is being held on the theme “Investment, Economic Growth and Job Creation”. Loan agreements with World Bank The Mozambican government and the World Bank on 17 November signed four loan agreements in Maputo to the total value of $146 million. These loans were all approved by the World Bank board in September. The largest is for $50 million to finance the second phase of the Maputo Development Programme (PROMAPUTO).
S. Africa's Zuma Calls for New Relationship With Developing World
South African President Jacob Zuma says the continent is making progress on economic and political reforms and should move toward a different relationship with the industrialized world. Mr. Zuma made the comments at the end of the Africa-European Union summit this week in Libya.
Elections & Governance
Elections a success – ECN - by Staff Reporter
The Electoral Commission of Namibia (ECN) has declared the just-ended regional and local authority elections of November 26 and 27 a success. In a statement, the commission said that all polling stations opened and closed on time. According to the ECN, all polling stations countrywide have finished counting and results have been posted at the respective polling stations and returning officers are currently verifying and announcing constituency and local authority results. The official and final announcement of results will be done at all verification centres in all constituencies and local authorities countrywide, and no official announcement of the results will be done from the ECN headquarters in Windhoek. The central election results centre will merely publish the final results as they are announced.
Swapo romps to victory
THE Swapo Party is heading for an overwhelming victory in the past weekend’s regional and local government elections.
Security Issues, Peace keeping and Conflict Resolution
Politics
Mugabe 'the crazy old man'
According to the US diplomatic cables recently revealed by Wikileaks, ANC members gave confidential information about the inner working of the party to the US government before the 1994 elections. It further revealed that International Relations and Cooperation Minister labeled Mugabe as “the crazy old man”. Malawian political system Malawi has a Presidential system where most of the power is unified in one person. All of the Malawian Political parties represent the ruling class; none represent the other -much bigger- segments of society. At the moment no parties with internal democracy exist. All parties are financed by one rich man, who with his finances keeps tight control over the party. There is no functioning party apparatus in any of the parties. A party with internal democracy is only possible if there is no one person holding the financial strings. A democratic party would be financed by membership fees, and maybe subsidy from government or international donors.
Zimbabwe parties dismiss WikiLeaks
Zimbabwean political parties in a fragile coalition government on Tuesday dismissed WikiLeaks revelations that a power sharing deal between them is doomed because of acute differences between rival politicians.
Zimbabwe President Mugabe Accuses ICC of Hypocrisy in Al-Bashir Case
It is not unusual for Zimbabwean President Robert Mugabe to lash into Western leaders in his public interventions, but this week he expanded his field of fire to include the International Criminal Court which he accused of double standards. Speaking at a summit of African and European leaders in Tripoli that ended on Tuesday, Mr. Mugabe asked why the ICC was not bringing charges against former US President George W. Bush and ex-British Prime Minister Tony Blair for the many civilian lives lost in the invasion of Iraq instead of prosecuting Sudanese President Omar Al-Bashir for his alleged crimes against humanity and war crimes in western Darfur region.
Human Rights, Social Issues & Developments
Widening gap between the poor and the rich
Hunger, poverty, disease, ignorance, unemployment, lack of opportunity, inequality, and hopelessness are the terms that could well define the living conditions of the great majority of Zambians. According to the executive director of Civil Society for Poverty Reduction, Patrick Mucheleka, the widening gap between the rich and the poor in Zambia expresses the enormous evident inequalities existing in the country.
Environmental Issues
South Africa avoids climate leadership
South Africa is Africa's largest economy and the continent's biggest emitter of greenhouse gases. But at the just opened climate negotiations, South Africa most likely will try to avoid reducing emissions.
Food Security & Health Issues
US-Africa Relations
US was against Zim unity govt
In a 2007 report from the US Embassy in Harare, a possible national unity government in Zimbabwe is described as "less attractive." President Robert Mugabe is called "the devil" and Morgan Tsvangirai is described as "a flawed figure." Among the 243,270 US State Department documents released this night by WikiLeaks, is a larger report from outgoing US Ambassador Christopher Dell, at the time still based in Harare, dated 13 July 2007. Here, "the End" (of the Mugabe regime) is analysed.
WikiLeaks document reveals US view of Zim
Wikileaks documents reveal that US is of the view that Mugabe is ruthless, obsessive and deeply ignorant about economics; Morgan Tsvangirai is indecisive; Arthur Mutambara is a lightweight.
China-Africa Relations
ANC ponders Chinese policy
The ANC is proud to be to the best friend forever (BBF) of the Communist Party of China (CPC). This year ANC leaders regularly travelled to China and President Jacob Zuma recently undertook a state visit to Beijing with a large government and business delegation. By paying these visits to China, ANC wants to learn how to set up a system based on Chinese model. The costs of the study trips are shared by the ANC and the CPC and they typically include briefings from Chinese officials on national planning, state-owned enterprises (SOEs) and China's foreign policy.
Chinese company wins water tender
The Mozambican government’s Water Supply Assets and Investment Fund (Fipag) announced on 26 November in Maputo that the China Henan International Cooperation Group has won the tender to modernize the water supply network in the western province of Manica.
Chinese Managers at Zambia Mine Go on Trial
Two Chinese managers at a mine in Zambia are to go on trial December 2 on charges of shooting a dozen Zambian mine workers during a demonstration for better working conditions.
Pan Africa
Report casts doubt on Mbeki's neutrality on Zim
Former president Thabo Mbeki had a bias for Zanu-PF during his time as mediator between Zimbabwe's ruling party and opposition Movement for Democratic Change (MDC), United States embassy documents have revealed.
Zuma: More urgency needed on MDGs
While addressing the third Africa-European Union summit in the Libyan capital of Tripoli South African President Jacob Zuma said: "With only five years left to achieve the MDGs, all nations need a far greater sense of urgency if the targets are to be met. Zuma noted that in September it had become obvious that many African countries would be unable to achieve the targets of the MDGs, which were primarily aimed at eliminating poverty. "What is needed now is not another meeting on the MDGs and the special needs of Africa, but action and more action on commitments already made."
Zuma in bid to break Zimbabwe deadlock
South African President Jacob Zuma on Friday met with leaders in Zimbabwe's power-sharing government to try to smooth over disputes threatening their troubled coalition.
Zimbabwe Unity Government Parties Asked to Map Way to 2011 Elections
Having agreed with the three principals in Zimbabwe's unity government that they should prepare a road map to 2011 elections, South African president Jacob Zuma has asked negotiators for the three co-governing political parties in Harare to prepare a draft with specifics for implementation to lead the nation to elections next year.
Southern African Leaders Say Sanctions Hinder Zimbabwe Crisis
Resolution South African President Jacob Zuma and Zambian President Rupiah Banda jointly called on the West to lift sanctions targeting Zimbabwean President Robert Mugabe and his inner circle, saying they were hindering regional efforts to end the Harare crisis.