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Quotes

Publish date: 20 May 2019
Issue Number: 824
Diary: IBA Legalbrief Africa
Category: General

‘I want to tell you that it is not my wish to stay for long in this office. The people who have made me stay for long are those who have blocked peace in the country. Violence cannot bring about a change of systems in South Sudan.' 

– President Salva Kiir who claim he is willing to resign

 

'While SA has strengths, including a favourable government debt structure and a large pool of domestic investors, in the absence of effective policy change, the sovereign's credit profile will most likely continue to erode, with fiscal strength weakening and growth remaining low.'

 – Moody's Vice President Lucie Villa 

 

‘We cannot allow a few of us to be co-opted into the power structure of the (mainly white) rich, while many (indeed most black and African people) still remain poor. We cannot defeat White Monopoly Capital by allowing it to co-opt us.’

– Senior ANC official Ace Magashule

 

‘Angola is back. Plunging commodity prices since 2014 left most of Africa's biggest economies in recession, highlighting the need to speed up economic diversification efforts. These do not mean transitioning away from oil but call for a better allocation of our resources and also increased participation of countries like Angola in the oil and gas value chain.’

–  Sergio Pugliese, who was recently named country head for Angola of the African Energy Chamber.

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