Investors continue to mull mixed signals from the US Federal Reserve, continuing concerns about monetary policy tightening and a possible recession in the world’s largest economy
The BoE has spooked everyone by forecasting a peak in the rate above 13% this northern hemisphere autumn
Judge provided a temporary interdict against seizures until the industry’s internal appeal against the department’s decision that some labels are unlawful is complete.
The finance minister says the allegations are ‘fashioned to achieve narrow and selfish political ends’
Business Day TV spoke to Standard Bank CEO Sim Tshabalala
Spending allocations to increase to R812bn for the next three years, says finance minister
Food Safety Agency tells retailers and food producers it will seize vegan products with names that it says are for meat
The referendums may be held as late as January because Russian troops haven’t taken full control of the areas the Kremlin seeks to claim as its own
Anrich Nortjé took three wickets in the space of 10 balls to rip through the heart of the English batting
The luxury champagne lounge and cocktail bar is serving up a decadent high tea
Kinshasa/Kigali — The Democratic Republic of Congo’s (DRC’s) President Felix Tshisekedi will meet his Rwandan counterpart Paul Kagame for talks in Angola this week, officials said on Monday.
There were no details on what they would discuss, but the neighbours have been at diplomatic loggerheads since a surge of attacks in eastern DRC by the M23 rebel group, which Kinshasa accuses Kigali of backing.
Rwanda denies supporting the rebels and has, in turn, accused the DRC army of fighting alongside insurgents — a face-off that has raised fears of fresh conflict in the region.
The meeting is likely to take place on Tuesday or Wednesday in Angola’s capital Luanda, according to two officials from DRC and one from Rwanda who did not wish to be named.
Earlier on Monday, Kagame said he did not mind Rwanda being excluded from a regional military force set up in April to fight rebels in eastern DRC, removing a potential stumbling block to the initiative.
The DRC's government had welcomed the plan, but said it would not accept the involvement of Rwanda.
“I have no problem with that. We are not begging anyone that we participate in the force,” Kagame told Rwanda’s state broadcaster in a wide-ranging interview.
“If anybody’s coming from anywhere, excluding Rwanda, but will provide the solution that we’re all looking for, why would I have a problem,” Kagame said.
At the end of March, the M23 started waging its most sustained offensive in DRC’s eastern borderlands since capturing vast swathes of territory in 2012/2013.
Rwanda also accuses the DRC’s army of firing into Rwandan territory and fighting alongside the FDLR — an armed group run by ethnic Hutus who fled Rwanda after taking part in the 1994 genocide.
Recent attempts to stop the violence militarily have proven unsuccessful, and in some cases backfired, security analysts and human rights groups say.
Despite billions of dollars spent on one of the UN’s largest peacekeeping forces, more than 120 rebel groups continue to operate across large swathes of eastern DRC almost two decades after the official end of the central African country’s civil wars.
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.