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FT Magazine
We just got a Michelin star. Now what?
...Lauren Joseph is a writer and chef at Dorian Follow @FTMag to find out about our latest stories first...
February 28, 2024
Zimbabwe
Zimbabwe launches ‘gold-backed’ currency to replace collapsing dollar
...“My business is alive because I stick to the US dollar,” he said. Zimbabwe’s foreign exchange reserves remain far below those of many African economies, equating to barely one month of import cover....
April 5, 2024
FT Live
Africa Summit
Africa in a complex world
Tuesday, 29 OctoberLondon, UK
The Henry Mance Interview
Joseph Nye: ‘You can coerce by economic means’
...For several decades, Joseph Nye has been one of the influential thinkers in international relations....
January 15, 2024
Zambia
Zambia’s $13bn debt stand-off an ‘indictment’ of global system, says president
...“This is what I’ve called a python around our necks, our chest and our legs, and it needs to be taken out, so we can focus on growth . . . we can focus on drought mitigation,” he said....
March 20, 2024
Sovereign bonds
New York moves to rewrite law on sovereign debt default recovery
...When I was a banker I used to run votes to change bond contracts all the time, and sometimes it took less than a week,” said Gregory Makoff, author of the book Default: The Landmark Court Battle over Argentina...
March 6, 2024
Zambia
Zambia says it has signed debt restructuring deal with China and India
...“The last two countries that had not signed [deals as] official creditors, China and India, have signed, and I’m very pleased to indicate that,” Hichilema told traditional leaders at Zambia’s annual N’cwala...
February 24, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Kenya
Kenyan shilling soars after $1.5bn bond issue eases default fears
...“I want to encourage Kenyans, if you are holding dollars . . . the risk of failure to settle the eurobond is gone,” Chris Kiptoo, the senior civil servant in the country’s finance ministry, told Kenya’s...
February 15, 2024
Namibia
Namibia’s veteran president Hage Geingob dies aged 82
...“I’m not going to be around for the elections so don’t panic,” he said on social media site X....
February 5, 2024
Sovereign debt
Zambia raises hopes it will complete long-delayed debt restructuring
...Asked whether the debt restructuring would be completed in the first half of 2024, Musokotwane said: “I’m hoping so. If I can get it even earlier, that would be better.”...
February 7, 2024
Enuma Okoro
Joseph and the value of ordinary lives
...I was curious about if and how the end of Joseph’s life had been depicted in art. Nothing in scripture informs us about when or how Joseph died....
December 22, 2023
InterviewFilm
Love and conflict in Palestine: ‘Shoshana shows how political violence forces people into opposite camps’
...“This is an element of British colonial history which I didn’t know much about before and has ramifications now....
February 9, 2024
Chinese equities
‘Uninvestable’: China’s $2tn stock rout leaves investors scarred
...“People will talk about everything except what I think is the obvious headwind,” he said. “It is not just some small disagreement [between the two superpowers]. It is a potential serious risk.”...
February 3, 2024
News in-depthSouth Africa
South Africa’s opposition splinters in battle against ANC
...“Everything I do, I do to win,” Mashaba told the Financial Times. “We’re working towards ActionSA being the largest party in the multi-party charter....
January 2, 2024
KKR & Co LP
KKR co-CEOs predict revival in global IPO and takeover activity
...Scott Nuttall and Joseph Bae, co-chief executives of the New York-based group, told the Financial Times they were seeing an improvement in activity to take portfolio companies public....
April 12, 2024
Super Tuesday: How the night unfolded
Residents in Virginia’s wealthy Falls Church weigh in on race candidates
...“I think he gets stuff done,” agreed another Trump voter....
March 5, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Letter
Letter: Hold dementia at bay, the Marshall McLuhan way
...Joseph FoyleDublin, Ireland...
November 6, 2023
Egypt
Egypt secures $8bn IMF deal after removing currency controls
...“I think the crisis is over.”...
March 6, 2024
Anglo American PLC
Anglo American’s stock market woes turn up heat on chief’s strategy
...Well, I think all of the time is the right time to review elements of the portfolio,” he said on Friday. “There are no sacred cows.”...
December 13, 2023
South Africa
Eskom chief says South Africa must keep some ageing power plants open
...When Cassim agreed to take on the job, “I said I will act quite reluctantly and on a short-term basis, understanding and appreciating stability from a market perspective,” he said....
October 29, 2023
News in-depthSport
South Africa’s victorious rugby team lifts a troubled nation
...“I honestly didn’t think they would get this far. But ultimately when it came to difficult tension points, the Springboks, with their approach to the game, found a way to win.”...
October 31, 2023
World33 min
Eskom: how corruption and crime turned the lights off in South Africa | FT Film
...Ush, freedom, I want freedom, I want power....
December 20, 2023
Europe Express
Balkan clouds over EU enlargement Premium content
...I suspect these tensions are about to get worse. That bodes ill for the EU’s ambition to expand its membership into eastern and south-eastern Europe. I’m at tony.barber@ft.com....
April 20, 2024
African economy
US strikes four African countries off preferential trade list
...She added: “I trust that they definitely know that to cancel a trade preference is not a very welcomed thing. It costs jobs, people have invested, people are benefiting . . ....
October 31, 2023
South African economy
How South Africa’s state rail network Transnet came close to the brink
...“I need to be able to know if I mine the coal . . . a train will pick it up tomorrow and take it to the port.”...
October 18, 2023
ReviewFT Books Essay
Reading Genesis — Marilynne Robinson’s new insights on the first book of the Bible
...Of the opening line of Genesis (“In the beginning God created the heaven and the Earth”), she comments, “When I think there was a day when a human hand first wrote those words, I am filled with awe.”...
April 11, 2024

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