Connect with us

Musings From Abroad

Russia eyes more partnership with South Africa as Putin congratulates Ramaphosa

Published

on

Kremlin leader, Vladimir Putin, has congratulated Cyril Ramaphosa of South Africa on his reelection as president.

On the Kremlin website, a statement from Putin’s phone conversation with Ramaphosa was posted: “Hope was expressed for continued joint work on further strengthening of the partnership between Russia and South Africa in all its aspects.”

Parliament reelected Ramaphosa on Friday. However, the creation of a government composed of five parties so far was spurred by his African National Congress party’s inability to secure a majority in last month’s election—the first such loss in thirty years.

Since the invasion in 2022, Russia and Ukraine have been competing with one another for support from African countries, sending their foreign ministers on many regional tours.

Like many other African nations, South Africa has deep ties to Moscow that go back to the Soviet era, when Moscow was a major supporter of the ANC’s campaign to end apartheid and other liberation organizations.

After opposing Russia’s invasion in February 2022, South Africa has since taken a more nuanced stance, abstaining from many votes in the UN General Assembly denouncing Russian actions.

South Africa spent the weekend in the “peace summit” on Ukraine, which was hosted by Switzerland. Even though several controversial issues were left out to get broader support, Saudi Arabia, India, Indonesia, Mexico, and other countries declined to sign the final communiqué.

As the host nation for the BRICS summit in 2023, South Africa was faced with a difficult decision: even though the Russian president had an arrest warrant issued by the International Criminal Court of Justice for allegedly deporting Ukrainian children, the country thought about inviting Putin to the event.

South Africa has maintained relations with Russia and has opened stands against Western powers in global politics in recent times.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Musings From Abroad

Niger, Turkey expand energy, defence cooperation

Published

on

Following Niger’s request for the departure of Western military forces and the cancellation of many Western countries’ mining contracts, Turkey and Niger decided to increase their collaboration in the areas of energy, mining, intelligence, and defence.

On Wednesday, MIT intelligence chief, Ibrahim Kalin, Energy Minister, Alparslan Bayraktar, Defense Minister, Yasar Guler, and Foreign Minister, Hakan Fidan, of Turkey paid a visit to Niamey, the capital of Niger.

The Turkish team also met with General Abdulrahman Tiani, the leader of Niger, who assumed office in July of last year following the overthrow of President Mohamed Bazoum by the military council he led and the country’s shift in allegiance.

The junta expelled the French forces, and the United States was instructed to remove its military men from the nation. Additionally, it broke security agreements with the EU.

Two months have passed since Turkish President Tayyip Erdogan and Niger’s Prime Minister Ali Mahaman Lamine Zeine met in Ankara, where the Turkish officials are currently on a visit.

Following their discussions on Wednesday, Fidan informed reporters that officials from Turkey and Niger had talked about enhancing their defence intelligence collaboration.

Guler talked about measures to strengthen defence and military training cooperation between Turkey and Niger, an official from the Turkish Ministry of defense said on Thursday.

The energy ministry of Turkey announced on Wednesday that the two nations had inked a statement of intent to assist and motivate Turkish enterprises to develop the oil and natural gas resources in Niger.

Niger is the seventh-largest producer of uranium in the world and possesses the highest-grade uranium ores in Africa.

However, a Turkish diplomatic source stated that Ankara is not looking to purchase uranium from Niger for its first nuclear power station, which is being built in Akkuyu in Turkey’s Mediterranean area by Russia’s Rosatom.

 

Continue Reading

Musings From Abroad

IMF lowers Botswana’s growth projection for 2024

Published

on

In a statement, the International Monetary Fund (IMF) reduced its earlier April estimate of 3.6% growth for Botswana to 1%, primarily because of decreased diamond production.

In addition, the IMF warned that a decline in mineral income would cause the budget deficit to balloon to 6% from 3.45% and urged the diamond-rich nation in southern Africa to think twice before embarking on new infrastructure projects to support the economy.

“The continued (economic) slowdown is mainly due to a fall in diamond production,” said IMF said in a statement released late on Friday.

“Some fiscal relaxation is warranted this year given the fall in mineral revenues, but the execution of the ambitious capital budget should be slowed down to contain the deterioration of the deficit and prioritize projects with the highest returns,” the IMF said.

 

The demand prognosis for diamonds, which are typically regarded as luxury goods, has decreased due to weaker consumer demand and a weakening in the global economy.

Finance Minister Peggy Serame predicted in February that the economy would expand by 4.2%, but a few months later the central bank issued a warning, stating that the ongoing challenges in the world diamond market made it doubtful that this goal would be met.

Diamond sales account for 30–40% of Botswana’s total revenue and 75% of its foreign exchange profits.

Continue Reading

EDITOR’S PICK

VenturesNow3 hours ago

As inflation slows down, Angolan central bank maintains stable interest rate

The central bank of Angola maintained its main interest rate at 19.5% on Friday, noting a possible short-term improvement in...

Metro5 hours ago

Over 10 million people displaced by Sudan war— IOM

The International Organization for Migration (IOM) reported that as the world’s worst displacement crisis worsens in Sudan, almost 10 million,...

Tech5 hours ago

Meta faces $220 million fine from Nigeria for breaking consumer, data rules

Nigeria’s competition watchdog has fined Meta Platforms $220 million after findings that data-sharing on social media platforms breached regional consumer,...

VenturesNow6 hours ago

Bean disease affects 81% of major cocoa region in Ghana

The International Cocoa Organisation (ICCO) reports that 81% of a significant cocoa-producing region in Ghana, the second-largest cocoa grower in...

Musings From Abroad6 hours ago

Niger, Turkey expand energy, defence cooperation

Following Niger’s request for the departure of Western military forces and the cancellation of many Western countries’ mining contracts, Turkey...

Metro7 hours ago

Nigerian govt to spend N3tn on new minimum wage, pensions, gratuities— Minister

Nigeria’s Minister of Budget and Economic Planning, Atiku Bagudu, on Friday, disclosed that the Federal Government would spend N3 trillion...

Sports20 hours ago

Sex scandal rocks Cameroon Volleyball Federation as officials accused of assaulting underage players

Sex scandal rocks Cameroon Volleyball Federation as officials accused of assaulting underage player A raging sex scandal is currently rocking...

Culture20 hours ago

Jesus never raised the dead nor healed the sick, Ghanaian actor Majid says

Jesus never raised the dead nor healed the sick, Ghanaian actor Majid say Veteran Ghanaian actor, Majid Michel, has raised...

Metro21 hours ago

Commotion in Zambian parliament as opposition MPs stage walkout

There was serious commotion in the Zambian parliament on Thursday which led to members of the Patriotic Front (PF) and...

Metro1 day ago

Nigerian labour unions settle for N70k minimum wage, give reasons

After a lingering row over a national minimum wage between the Nigerian government and organized labour, the unions have decided...

Trending