New Year crash in Chinese stock market is a bad omen for Africa
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Politics and Society New Year crash in Chinese stock market is a bad omen for Africa

Christine Lagarde is clearly a diplomat in addition to being the managing director of the International Monetary Fund (IMF). After meeting Nigerian President Muhammadu Buhari in Abuja last week, she scoffed at suggestions that she had come to negotiate an IMF loan for the country, hit by a major revenue shortfall caused by plummeting oil prices.

Magufulication is the name of the game
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Politics and Society Magufulication is the name of the game

John Magufuli is the Grinch who stole Uhuru, literally and figuratively. He’s also stolen a lot of other things since coming into office less than two months ago. Like luxury travel and other perks for public officials. Like free meals at official meetings. Like fat kickbacks for customs officials at Dar es Salaam port and in the Tanzanian Revenue Authority.

MPLA rattled as Angola’s oil price plummets
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Politics and Society MPLA rattled as Angola’s oil price plummets

There’s a palpable sense of crisis in Angola, say observers of the country. That’s largely because of the plummeting price of oil, the mainstay of the economy. This is making it harder for ordinary people to make ends meet and so is stirring social discontent. It’s also making it harder for the MPLA (Popular Movement for the Liberation of Angola) government to finance the security apparatus and the patronage networks that have so far kept it in power, despite the rising discontent.