In the early hours of 3 November, the Independent Electoral Commission (CEI) declared President Alassane Ouattara the winner of the 31 October presidential election, with 94.3% of votes cast, amid an official turnout of 53.9%.… Read the rest
Category: Emerging Markets
Congress voted by an overwhelming margin yesterday, 9 November, to impeach President Martin Vizcarra. There were 105 votes for impeachment, 19 against, and four abstentions. Vizcarra has already said that he will not challenge the outcome of the vote.… Read the rest
The mid-November deadline is approaching in EU-UK talks. In Ethiopia, the conflict with the Tigray region has escalated. Peru’s president will face an impeachment vote in Congress. Meanwhile, Australia’s trade minister has denied rumors about new trade restrictions from China, Hungary will impose new Covid-19-related restrictions, Brazil’s president has gotten involved in the country’s municipal elections, and South Africa’s president will give an update on the pandemic situation.… Read the rest
- The government has removed foreign ownership restrictions on geothermal projects and stopped accepting applications for coal-fired power plants.
- While the shift is nominally driven by environmental goals, corporate developments around the gas sector could be a key driver.
Today, 11 November, President Cyril Ramaphosa updated the nation on the Covid-19 pandemic. Concerns over a ‘second wave’ have increased, with the Eastern Cape province the epicenter of a fresh surge in infections.… Read the rest
Today, 10 November, the Directorate for Priority Crime Investigation (DPCI, commonly referred to as the “Hawks”) confirmed that an arrest warrant has been issued for ANC Secretary-General Ace Magashule. He is due to appear in court on Friday, 13 November, to face fraud and corruption charges relating to a ZAR 255mn asbestos audit contract dating back to his time as Free State premier.… Read the rest