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Botswana

Botswana has a long-held reputation as a stand-out example of political and economic stability on the continent, which has seen its economy grow at an average of 5% over the past decade. Its reputation has begun to show cracks as former president Ian Khama and his chosen successor president Mokgweetsi Masisi lock horns in a battle which has implicated African Rainbow Minerals executive chairman Patrice Motsepe and his sister Bridgette Radebe, executive chairperson of Mmakau Mining.

Other service activitiesSouth Africa

Who Owns Whom’s MD Andrew McGregor says that, despite president Cyril Ramaphosa reaffirming government’s commitment to promote small and medium-sized enterprises (SMEs) and create jobs, efforts to support SMEs in...

Other service activitiesSouth Africa

In an article published on The Africa Report, Who Owns Whom Managing Director Andrew McGregor calls on the public to reject the questionable morality of the private sector and asks...

Financial and insurance activities

Dear WOW User The South African economy pulled itself out of its second recession since 1994 in the third quarter of 2018 with a quarter on quarter GDP growth of 2.2% with contributions from the following sectors; Manufacturing – 7.5% Agriculture  – 6.5% Transport  – 5.7% Trade – 3.2% Finance – 2.3% State – 1.5% Personal Services – 0.7%   Of the 12 industries research by Who Owns Whom in December 2018 and January 2019 six where in the high performing manufacturing sector; The Confectionery Industry South Africa has a sweet tooth with the chocolate market valued at approximately R6.4bn and sugar confectionery at between R12.5bn and R13.5bn.

Egypt

Egypt’s economy grew 5.3% in the fiscal year to June 2018 from 4.2% in 2017 as the country continued its recovery through painful years of reforms, largely prompted by conditions of a US$12bn International Monetary Fund (IMF) loan. The 2016 floating of the Egyptian pound saw it immediately devalue by 50%, while inflation soared and import prices became prohibitive. At the same time, the government introduced value-added tax and withdrew fuel and food subsidies.

Democratic Republic of the Congo'

The December 30 2018 election in the Democratic Republic of Congo (DRC), which was widely acknowledged to have been rigged, declared Felix Tshisekedi as the winner over Martin Fayulu, who got the most votes. It is understood that Tshisekedi’s election was the result of a deal made with former president Joseph Kabila, whose rule since 2001 was characterised by conflict, corruption, authoritarian rule and human rights abuses.

Other service activitiesSouth Africa

Who Owns Whom Managing Director Andrew McGregor calls on South African citizenry to join those in Kenya, Ghana and Nigeria who are holding their governments accountable for rising state debt....

Guinea

Guinea’s mining industry has been one of the main drivers of its economic growth and of the significant increase in mineral exports from the West Africa region. West African countries exported US$16.1bn of minerals in 2017, 26.3% more than in the previous year, largely due to the large increase in exports from Guinea, whose mining sector continues to grow apace.