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  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
POLITICS & POWER
From battle dress to three piece suits
Taking their cue from President Armando Guebuza and his family, who have stakes several companies (see here), many former officers in the Mozambican army now lead very comfortable lives as businessmen. Over the years, they have creamed off the most lucrative economic sectors, sometimes verging on illegality, as in the case of forestry. (...).   [684 words]   [€8]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
WHO'S WHO
Jimmy Kibaki
The son of President Mwai Kibaki is still undecided about his political future. Jimmy Kibaki is planning to be a candidate in the election at the end of 2012 but does not know whether he should run in his father’s constituency of Othaya or go after a new, more prestigious, job of governor of Nyeri county. (...).   [127 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
WHO'S WHO
Jean Emile Tsaranazy
Now aged 60, Jean Emile Tsaranazy, who was Minister for public works under President Didier Ratsiraka from 1997 to 2002, is juggling between his political involvement and his commercial activity. (...).   [113 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
WHO'S WHO
Ahmednasir Abdullahi
The lawyer Ahmednasir Abdullahi is continuing his crusade against the managing director of Kenya Electricity Generating Co (KenGen), Eddy Njoroge. (...).   [223 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
WHO'S WHO
Els De Temmerman
The Belgian journalist Els De Temmerman, 50, is at the centre of a controversy in her birth country. At the beginning of the year she had launched a daily newspaper in Juba called New Nation together with the NGO Sudan Advocacy for Development. (...).   [261 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
WHO'S WHO
Richard Yung
A Socialist Party Senator representing French citizens who live outside France, Richard Yung, took over last week from Jean Faure (who is no longer a Senator) as chairman of the French Senate Friends of France-Madagascar and the Indian Ocean Countries group. (...).   [199 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
BUSINESS CIRCLES
Majunga Oil throws in the towel
Madagascar Oil decided to liquidate its subsidiary Majunga Oil whose operation to explore for oil on the West Coast gave disappointing results. (...).   [143 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
BUSINESS CIRCLES
Banymandhub sponsors Ramoly
When he headed a subsidiary of the Rogers group, Sunil Banymandhub had already started Roshan Ramoly in his career. He has now boosted him again in Barclays Bank. (...).   [152 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
BUSINESS CIRCLES
2012, the year of privatisations
The Seychelles government detailed its privatisation programme for the current year in a Letter of Intent to the International Monetary Fund. (...).   [319 words]   [€5]

  THE INDIAN OCEAN NEWSLETTER N°1326 - 11/02/2012
BUSINESS CIRCLES
Hotel privatisation on the cards again
The idea that the State could sell its stakes in several major hotels, first mooted in 2008, is back in the fore. (...).   [252 words]   [€5]

 
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