Finance

Guinea-Bissau: New Prime Minister throws in the towel

Thursday, 10 September 2015 20:33

Guinea-Bissau is going back to the political crisis it just exited. New Prime Minister Bacito Dja (photo) announced, on 9th September, his resignation, after the invalidation of his appointment by the Supreme Court.

Mr. Dja, whose government was sworn in on 7th September, was appointed in August following the deposition of PM Domingos Simoes Pereira by President José Mario Vaz. "The president of the Republic has just informed me that the Supreme Court has declared my appointment as unconstitutional at position of Prime Minister, subsequently I am withdrawing from my functions", Mr. Dja declared.

Prior to this, the majority party in Parliament, the African Party for the Independence of Guinea-Bissau and Cape Verde (PAIGC) submitted an appeal to the Supreme Court, against the presidential order on the appointment of the new prime minister on 20th August. The court "declared formally and materially unconstitutional" the appointment of Mr. Dja. The Bissau-Guinean constitution stipulates that the position of prime minister should be awarded to the leader of the legislative elections winning party.

PAIGC, to which the president belongs, had contested the deposing of Domingos Simoes Pereira on 12 August.

Mr. Dja was nevertheless able to form his government thanks to an agreement with the Party for Social Renewal (PRS), second party in parliament with 41 MPs out of 102 and the rallying of at least 10 members of PAIGC.

Disagreements between the president and the ex-prime minister on several issues, including the choice of the future chief of staff of armed forces, were at the root of the crisis which ended with the deposition of Domingos Simoes Pereira.

On the same topic
EU, EBRD launch €26.5 million financing facility in Côte d’Ivoire Program targets SMEs with loans, co-financing and technical support Initiative...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, interoperable real-time payments All financial...
Okoumé Capital licensed as fund manager by regional regulator Approval enables expansion across Central African financial markets Firm aims to boost...
GIMAC, Visa sign deal to modernize CEMAC payments ecosystem Partnership targets digital payments, interoperability and financial inclusion Move...
Most Read
01

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
02

ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...

ECOWAS and IMF Set New Framework to Align Policies Across West Africa
03

West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...

BOAD Targets $11.5 Billion Investment in WAEMU by 2030 Under New ‘Djoliba’ Plan
04

Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...

Coca-Cola Plans $1 Billion Investment in South Africa After Nigeria Push
05

West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...

BOAD Commits $131.8 Million to Cotton Sector in Burkina Faso and Mali
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.