Day: May 10, 2019

While yesterday’s National Elections will provide more certainty for South African markets in the months ahead, this period also provides a window of opportunity to reflect on the first quarter’s performance to determine the path required for a better 2019. On the global front, equity markets reversed course in the first quarter, with indices such […]

Psychologically hard-wired to seek certainty, we tend to struggle with the many unknowns that typically come with a general election. The standard risk-return investment tradeoff can even become skewed by the sheer unpredictability and disproportionate macroeconomic importance placed on the outcome of one single sovereign event. For South African investors, it comes as no surprise […]

“I want a street-legal car that can get into the nine-second bracket over a quarter-mile, and if necessary be driven home afterwards.” That’s what the owner of a Ford Mustang GT wanted and that’s the challenge that Joburg-based tuner RG Motorsport happily rose to. The result: a heavily modified 4.5-litre supercharged V8 engine that pushes […]

By early afternoon on Friday the Inkatha Freedom Party (IFP) had emerged as the official opposition to the African National Congress (ANC) in KwaZulu-Natal after being locked in a neck-to-neck battle earlier with the Democratic Alliance (DA). The IFP had a lead of 517,673 votes (17.39 percent) compared to the DA’s 408,924 (13.76 percent) following […]

Gabonese skipper Pierre Emerick Aubameyang hit a hat trick on Thursday evening to help his club side Arsenal qualify for the Europa League finals. Arsenal beat Spanish side Valencia by four goals to two. Unai Emery’s side had flown to Spain with a 3 – 1 first leg advantage. Overall, Arsenal won 3 – 7 […]

Lawmakers in Nigeria’s north central Kano State have voted to split into five parts, a traditional, religious role of Emir of Kano. A leadership structure that dates back to 200 years. The Kano State House of Assembly in mid-week passed a law establishing four additional emirates and by that leading to the choice of four […]

The countries of the Economic and Monetary Community of Central Africa (CEMAC), for several months now have been suffering from a shortage of access to foreign currencies, penalizing households and businesses. Struck by the fall in oil prices, six countries members of the CFA franc zone are pegged to the euro by a fixed exchange rate. In […]

Aminata Sidibé started a family in Cote d’Ivoire in 1960, the same year the country became independent. Three other generations of her family have followed, but they are still not recognized as Ivorian. Like thousands of other fula people, they are penned in by legal barriers that put them at risk of statelessness. Aminata and […]

Libya’s internationally recognised government have asked 40 foreign firms including French oil company, Total to renew their licences or have their operations suspended, pressuring Europe to stop an eastern military offensive against Tripoli. According to the economy and industry ministry in a decree, the foreign firms have three months to renew their licences, theafter an […]

It was in 2012, that the intense insecurity in the Gao that caused Jamilla Amadou alongside thousands of others to from the extremist groups occupied the northern Mali city. Now Jamilla is back despite ongoing insecurity in the region and using her skills as a nurse to help heal the sick and give shelter to […]

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