Politics

Kenya’s President Ruto meets Rwanda’s Kagame over regional relations, signs MoU

Published

2 years ago

April 5, 2023

The president of Kenya, William Ruto, has met with his Rwandan counterpart, Paul Kagame to discuss the security situation in the eastern Democratic Republic of Congo and recent protests in Nairobi.

According to a statement by Kenya’s state house, the countries also signed an agreement in 10 areas of cooperation to enhance relations and establish mechanisms for effective cooperation in Education, ICT, Gender and Child Development, Youth, and Capacity Development for the Public Service.

“Other areas of cooperation are Correctional Services, Health, Diplomatic Training, Agriculture, and Cooperatives,” the statement read.

President Ruto is on a two-day official visit to Kigali at the invitation of President Kagame in what is also the Kenyan leader’s first visit to Rwanda since he came to power last year September.

The two countries, along with Uganda, once led the Coalition of the Willing, pushing for common visas for tourists visiting the three one-stop border posts and expanding the Northern Corridor.

However, some of the projects, like the planned railway, had to be paused or diverted when relations between Uganda and Rwanda soured.

The president has so far visited with leaders in Uganda, DR Congo, South Sudan, Ethiopia, Tanzania, and Burundi as part of his bid to strengthen regional trade arrangements, as they are instrumental in promoting global trade and foreign direct investment.

Politics

Botswana’s new president wants swift resolution of De Beers diamond deal

Published

3 days ago

November 2, 2024

Ifeoluwa Dada

Duma Boko, the recently elected president of Botswana, stated on Friday that he hoped to wrap up negotiations for a new sales agreement with the multinational diamond mining conglomerate, De Beers, as quickly as possible.

“The relationship with De Beers could have been damaged by the way the negotiations were handled,” President Boko said in a televised statement from Gaborone, Botswana’s capital. “The first thing that needs to be done is to engage the other party”.

The government’s portion of diamonds from the Debswana joint venture will progressively rise to 50% over the following ten years, according to a new diamond sales agreement reached last year by De Beers, a division of Anglo American.

Currently, De Beers purchases 75% of the production from Debswana Diamond Company, which is jointly controlled by Botswana and De Beers.

The agreement has not yet been signed, even though the Botswana government and the departing president, Mokgweetsi Masisi, praised its benefits Beers was “thinking about walking away, not signing at all… (a) very dangerous position to be in as a country,” according to Boko.

According to Boko, his new government wishes to communicate with De Beers to comprehend its issues.

“A proper negotiation involves compromise, where you get a bit of what you wanted, the other person gets a bit,” Boko said. “Then…you have a durable, sustainable agreement.”

As part of a larger reorganisation of its extensive operations, Anglo is developing a strategy to sell out De Beers. In July, Masisi stated that the Botswana government might increase its 15% stake in De Beers.A decline in worldwide demand has severely impacted diamond prices, just like it has for other luxury items. De Beers has been providing contracted clients with flexibility and limiting supply.

Politics

President Maisi concedes as Botswana’s ruling party loses 58-year reign

Published

4 days ago

November 1, 2024

Ifeoluwa Dada

Following preliminary results showing his party lost its legislative majority by a landslide in this week’s election, Botswana’s President, Mokgweetsi Masisi, announced his party’s defeat on Friday, ending nearly 60 years in power.

The opposition coalition, Umbrella for Democratic Change (UDC), held a sizable lead with over half of the constituencies reporting, placing its leader, attorney Duma Boko, in a strong position to win the presidency.

According to analysts, the Botswana Democratic Party (BDP), which has controlled the small southern African nation since gaining independence from Britain in 1966, was overthrown by growing socioeconomic dissatisfaction, especially among young people.

Botswana has always relied heavily on its diamond industry for revenue, but this year’s economic growth was severely hampered by a decline in the world diamond market, and unemployment increased to 28%.

According to results from 41 of the 61 constituencies up for election, the UDC had gained 26 seats in parliament, while the BDP had only three, according to state television. The president is chosen by the members of parliament.

Boko, who hasn’t made any public statements since the outcome, ran on a platform of increasing social grants and the minimum wage.

“Although I wanted to stay on as your president, I respect the will of the people and I congratulate the president-elect. I will step aside and I will support the new administration,” Masisi said at a press conference.

Small groups of supporters of the opposition celebrated in the streets of Gaborone, the capital, on Friday morning, which was peaceful.

“I did not ever think I would witness this change in my life,” said 23-year-old student Mpho Mogorosi. “The BDP had stayed too long in power and I am proud to be part of the people that removed them for a better Botswana.”

After South Africa’s African National Congress lost its legislative majority after 30 years in power and was compelled to form a coalition government, the BDP became the second long-ruling party in southern Africa to lose at the polls this year.

Later this month, elections will be held in neighbouring Namibia, where the SWAPO party, which has ruled since 1990, is anticipated to face fierce opposition.

“The outcome of Botswana’s elections should serve as a warning to long-time ruling parties across southern Africa and beyond that without economic progress and employment opportunities, political dominance will falter,” said Zaynab Hoosen, an Africa analyst at Pangea-Risk.