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BHP's 'final' bid for Anglo set for election day

Woodsmith, September 2023. Pic: Anglo American Plc
Woodsmith, September 2023. Pic: Anglo American Plc

With $50 billion on the table, the biggest mining deal in history faces a wall of corporate and political obstacles

Given the stakes in jobs and economic growth, it's fitting that the deadline for the offer by Australia's BHP for Anglo American should fall on 29 May, election day in South Africa. It highlights the political factors weighing on both companies as they bargain over the terms of a merger that would take Anglo American out of South Africa. If the two companies reach a deal, the merger would be the biggest in mining history and subject to intense scrutiny by South Africa's government. As jobs are cut and investment shrinks, mining companies have become a political target in South Africa.


US mulls Gertler deal to secure minerals

Pic: dan-gertler.com
Pic: dan-gertler.com

The Biden administration risks undermining the credibility of the Magnitsky Act that was used to impose sanctions on the Israeli billionaire

The US government has proposed a deal with Israeli mining magnate Dan Gertler that would enable Gertler to sell his remaining royalty streams in Congolese mining assets and exit th...


On the back foot in Gauteng

Fikile Mbalula and Panyaza Lesufi. Pic: @GautengANC
Fikile Mbalula and Panyaza Lesufi. Pic: @GautengANC

Fearing a populist wave from the Malema and Zuma parties, the ANC is sending its veteran leaders to get out the vote for 29 May

So serious is the prospect of it losing badly in the 29 May election that the ruling African National Congress has leant on its former leaders, including those who have retired and...


Tinubu weighs politics vs competence

Pic: @hadizabalausman
Pic: @hadizabalausman

After a bumpy year, the President will have to sack some of his worst ministers and reshuffle others

As he prepares to mark a year in office, President Bola Ahmed Tinubu has received a scorecard from his Political Advisor, Hadiza Bala Usman, which contains an evaluation of 45 mini...


How Chapo won the anti-Nyusi vote

Daniel Chapo. Pic: Instagram
Daniel Chapo. Pic: Instagram

The ruling party has elected its most junior leader ever – in an apparent snub to the outgoing President

After the surprise selection of Governor of Inhambane province Daniel Chapo as the ruling Frente de Libertacao de Mocambique's presidential candidate for October's general election...


Mogadishu gives the UN marching orders

Catriona Laing meets with President Hassan Sheikh Mohamud, May 2024. Pic: @TheVillaSomalia
Catriona Laing meets with President Hassan Sheikh Mohamud, May 2024. Pic: @TheVillaSomalia

A 10,000-strong African force is mooted as officials plan to wind down UN peacekeeping operations

Set up at the end of the African Union Mission in Somalia (Amisom) on 31 March 2022, the African Union Transition Mission in Somalia (ATMIS) was supposed to last two-and-a-half yea...


A reckoning for the Ramaphosa party

Pic: @PresidencyZA
Pic: @PresidencyZA

The biggest threat to the ANC's electoral base comes from its two breakaway populist parties

For realists in the African National Congress the central question in the 29 May elections is how the party manages the end of its 30-year domination of national politics. Hubris a...


How family and the army dominate Museveni's endgame

General Muhoozi Kainerugaba. Pic: @KagutaMuseveni
General Muhoozi Kainerugaba. Pic: @KagutaMuseveni

Military chief and dauphin General Muhoozi leads the campaign to win the 2026 election – frustrating dissident officers

At a private dinner party last month to mark his retirement from the military, a senior officer told close friends that he was relieved not to have to serve under the command of th...


Playing off rivals

duma.gov.ru
duma.gov.ru

São Tomé's leaders have played down the political significance of their new military cooperation agreement with Russia, signed by Defence Minister Jorge Amado in St P...


Ins and outs in Cabo Delgado

Pemba city, Cabo Delgado. Pic: Miros / stock.adobe.com
Pemba city, Cabo Delgado. Pic: Miros / stock.adobe.com

The plethora of international military forces in Cabo Delgado province is about to shrink. The Southern African Development Community (SADC) contingent of over 2,200 soldiers, whic...


Faye's diplomatic rounds

Pic: @AOuattara_PRCI
Pic: @AOuattara_PRCI

A stark contrast in diplomatic style and messaging has been on display from Senegal's new leadership duo over recent days.


Ruto (and Raila's) man in Addis

Pic: @RailaOdinga
Pic: @RailaOdinga

Raila Odinga is looking increasingly odds-on to become the next chair of the African Union Commission (AUC). If successful, he will have an old ally with him in Addis Ababa.


Crypto cross words

Pic: Unshu / stock.adobe.com
Pic: Unshu / stock.adobe.com

Top cryptocurrency platform Binance is accused of tax evasion, currency speculation and money laundering by Abuja

Officials in Abuja say that Binance, an online platform to trade cryptocurrencies, came close to destroying what is now only Africa's third largest economy by facilitating money la...

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The juntas are running out of excuses

General Abdourahamane Tiani and Colonel Assimi Goïta. Pic: @GoitaAssimi
General Abdourahamane Tiani and Colonel Assimi Goïta. Pic: @GoitaAssimi

Populist rhetoric and ethnic targeting by the military regimes are deepening the region's fault-lines

The lean season in the Sahel this year is starting under the toughest economic and political conditions for generations. Mali and Burkina Faso have been baked by a record-breaking ...


Pollsters vie for credibility with politicians

Copyright © Africa Confidential 2024
Copyright © Africa Confidential 2024

Opinion surveys struggle to keep up with the changing shape of this intensely contested election

Activists and politicians across the spectrum agree on one point: opinion surveys in South Africa are often wide of the mark, undermined by poor methodology, and sometimes institut...


SWAPO's prospects lag behind economy

Pic: @NamPresidency
Pic: @NamPresidency

Geingob's death and a row over the German genocide make for an awkward transition in this year's polls against a strong opposition

The lavish and lengthy obsequies for President Hage Geingob, who died aged 82 on 4 February, turned out to be just an interlude in the drama on whether the ruling SWAPO Party can m...


Coup zone election pits votes against tanks

Succès Masra and Mahamat 'Kaka'. Pic: @GmahamatIdi
Succès Masra and Mahamat 'Kaka'. Pic: @GmahamatIdi

New details about President Kaka's break with the US have emerged as the election exposes some of the political manoeuvring within the elite


Yet another changing of the guard

President William Ruto and Major General Fatuma Gaiti Ahmed. Pic: @WilliamsRuto
President William Ruto and Major General Fatuma Gaiti Ahmed. Pic: @WilliamsRuto

Questions surround President Ruto's security plans after he reshuffles the top military jobs for the second time in two months