Here's what you need to know about emerging markets this week, from the WSJ
News and analysis on the frontier markets
Uhuru Kenyatta looked set to secure a second term as Kenya’s president, following an election rerun in which only one-third of the voters showed up and at least six people were killed in clashes with security forces. Thursday’s vote was called to end Kenya’s democratic crisis but instead has polarised it further, as the abstention of pro-opposition voters, heavy rains and voter apathy in swaths of the country led only 6.5-million of the country’s 19.5-million registered voters, or 33%, to the polls, the electoral commission said. The initial election in August, the result of which was annulled, had a turnout of about 80%. Tanzania is likely to extend the strict enforcement of mine tax laws in search of greater revenue collections. After the country’s government reached a $300m tax settlement with its largest gold producer Acacia Mining, analysts at NKC Africa Economics expect President John Magufuli to extend strict tax enforcement across the entire mine sector in an effort to to cl...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.