Category: Emerging Markets

PERU: Unstable horizon as Vizcarra ousted

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

PERU: Bracing for another impeachment bout

  • President Martin Vizcarra should survive next week’s impeachment vote, though congressional fragmentation injects uncertainty into the outlook.
  • Even if Vizcarra sees off this threat, the hostile politics behind his impeachment will persist.
Read the rest

TANZANIA: The winner takes all

According to the National Electoral Commission (NEC), President John Magufuli was re-elected with 84% of the vote in the 28 October general election. His main rival, Tindu Lissu, won just 13%.… Read the rest

WEEKLY POLITICAL COMPASS

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

WEEKLY POLITICAL COMPASS

While all eyes are on the 3 November US elections, here is what else should be watched this week: European countries are implementing harsher restrictions again. China’s latest Covid-19 outbreak seems to have been contained. … Read the rest

ASIA: Weekly politics update

Below is the weekly update of political developments across East Asia. Please do not hesitate to contact us if you want to discuss any of the countries mentioned in more detail.… Read the rest

PHILIPPINES: Significant shift in energy policy

  • 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.
Read the rest

SOUTH AFRICA: What Ace’s arrest warrant means

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