đź”’ Standard Bank sets sights on expansion into Africa
Expanding in the continent’s biggest economies is part of a strategy to ward off intensifying competition and tap African companies growing within the region.
Ethiopia
Imperial CEO reveals secret sauce to scaling up in deepest Africa – Mohammed Akoojee
Imperial Group is generating a larger chunk of revenue outside SA and sees greater opportunities in countries like Ethiopia.
Flash Briefing: BP’s environmental crime, Tesla shares plummet, Ethiopia backs pilots, Magashule hits back
BP has been found guilty by the High Court in Pretoria on eight charges of building filling stations without environmental approval.
Colonisers extend influence by giving back war spoils
The return of two stolen locks of hair cut from the body of fiercely independent and far-sighted, unifying emperor of Ethiopia, Tewodros II, has been hailed as major goodwill gesture by his latter-day countrymen.
Ethiopia embraces unbridled capitalism, promises massive privatisations
Miguel Azevedo, Citibank’s head of investment banking for Africa, told the FT: “When I speak with international investors about opportunities in Africa, the first name that pops up is Ethiopia.”
SA still king of FDI in sub-Saharan Africa despite up-and-coming Ethiopia
After years of declines, Africa experienced growth in inflows of foreign direct investment last year, thanks to a revival of interest in South Africa.
Ethiopia slashes Cabinet size. Will Ramaphosa ever do the same?
Ethiopian Prime Minister Abiy Ahmed named Ahmed Shide his finance minister in a series of sweeping changes to the Horn of Africa nation’s government.
đź”’ Back in fashion: Africa attracts big investments – FT
There is a scramble for business in Africa, reports the Financial Times. “Led by China, countries from Turkey to India are looking for opportunities,” it says.
đź”’ Delivering shock therapy: Ethiopia’s new Prime Minister Abiy Ahmed – The Wall Street Journal
In the four months since Abiy Ahmed emerged as prime minister from an opaque power struggle in Ethiopia’s ruling party, he has riveted the nation with announcements that have shattered political taboos.
This is the future: Free speech is key for SA becoming Kenya – or Zimbabwe.
The way South Africa approaches free speech will determine whether it follows the disaster called Zimbabwe, or manages to arrest the slide and settle into a Kenyan-type future.