Tough new capital requirements by the central bank will mean fewer but busier commercial banks, An improbable revolutionary, central bank governor, Olayemi Michael Cardoso, could preside over the biggest shake-up of Nigeria s financial sector for decades. His announcement last month of tough new minimum capital requirements on the country s banks will force a spate of mergers and acquisitions across the board.
With the ex-president as a figurehead, the uMkhonto we Sizwe party threatens the ruling party’s national prospects , The complex arithmetic between provincial and national votes means that former President Jacob Zuma s new party could wreck the ruling African National Congress s (ANC) chances of scraping a narrow majority in the elections on 29 May. Instead, it could be forced into choosing some unpalatable partners to assemble a shaky national coalition.
, When President William Ruto recalled Peter Mathuki as Secretary-General of the East African Community (EAC) in March, it looked like a characteristically decisive move to nip a diplomatic embarrassment in the bud.
Francis Ogolla was an unlikely pick as military chief by President Ruto. His untimely death could allow Ruto to handpick his own securocrats, The death of General Francis Ogolla, the Commander of the Kenya Defence Forces, on 18 April, prompted an outpouring of eulogies across party lines that was exceptional even by Kenyan standards. Ogolla was killed, along with nine other senior officers, when his KDF helicopter crashed in Sindar, Elgeyo-Marakwet County, in the Northern Rift.