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Philippines’ Duterte agrees to run for vice president in 2022

Bloomberg Philippine President Rodrigo Duterte has accepted the ruling party’s vice-presidential endorsement, solidifying his bid to stay in a top government post once his term ends next year. Duterte agreed to run due to “popular calls” within the PDP-Laban for him to seek the second-highest post, the party said in a statement on Tuesday. The ruling party, which will convene ...

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Zambia’s new leader vows to stabilise shaky finances

Bloomberg Zambia’s new President Hakainde Hichilema pledged to rein in public debt and the budget deficit, while restoring the nation’s credibility following a default on its foreign loans. “Our focus over the next five years will be on restoring macroeconomic stability,” Hichilema said in his inauguration address in Lusaka, the capital, on Tuesday. “We will grow our economy so we ...

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S African politician Dlamini charged, stoking tensions

Bloomberg Bathabile Dlamini, a former South African social development minister and head of the ruling party’s powerful womens’ league, will be prosecuted for perjury in a move by prosecutors that will stoke political tension. The charges relate to her testimony at a Constitutional Court inquiry in 2018 into a crisis over welfare-grant payments where a judge ruled that she’d lied ...

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