Berliner Boersenzeitung - G. Bissau junta consolidates power as condemnation of coup spreads

EUR -
AED 4.278799
AFN 77.332466
ALL 96.575617
AMD 445.1876
ANG 2.085576
AOA 1068.388216
ARS 1684.735918
AUD 1.75613
AWG 2.09862
AZN 1.984015
BAM 1.955298
BBD 2.351906
BDT 142.873314
BGN 1.955951
BHD 0.439244
BIF 3450.13256
BMD 1.165091
BND 1.512264
BOB 8.068928
BRL 6.18139
BSD 1.167705
BTN 104.895516
BWP 15.51395
BYN 3.380546
BYR 22835.780461
BZD 2.348507
CAD 1.624445
CDF 2598.152383
CHF 0.935795
CLF 0.027249
CLP 1068.972737
CNY 8.239114
CNH 8.235468
COP 4423.838268
CRC 572.550529
CUC 1.165091
CUP 30.874907
CVE 110.236695
CZK 24.215228
DJF 207.947498
DKK 7.468599
DOP 74.200629
DZD 151.573688
EGP 55.422094
ERN 17.476363
ETB 182.080866
FJD 2.631882
FKP 0.872491
GBP 0.87341
GEL 3.139877
GGP 0.872491
GHS 13.301585
GIP 0.872491
GMD 85.051785
GNF 10146.786517
GTQ 8.944742
GYD 244.307269
HKD 9.07004
HNL 30.745973
HRK 7.537941
HTG 152.955977
HUF 381.927241
IDR 19422.821609
ILS 3.76036
IMP 0.872491
INR 104.791181
IQD 1529.71378
IRR 49079.451231
ISK 149.003201
JEP 0.872491
JMD 187.141145
JOD 0.82607
JPY 180.711448
KES 150.704566
KGS 101.886647
KHR 4676.939601
KMF 491.66861
KPW 1048.573823
KRW 1715.887947
KWD 0.35759
KYD 0.973154
KZT 590.220982
LAK 25331.604319
LBP 104570.198293
LKR 360.448994
LRD 206.107962
LSL 19.822595
LTL 3.44021
LVL 0.704752
LYD 6.347397
MAD 10.774234
MDL 19.862985
MGA 5193.64414
MKD 61.624177
MMK 2446.620372
MNT 4131.997126
MOP 9.362236
MRU 46.266921
MUR 53.675364
MVR 17.954132
MWK 2024.871384
MXN 21.185039
MYR 4.789718
MZN 74.447687
NAD 19.822595
NGN 1690.547045
NIO 42.970442
NOK 11.774198
NPR 167.831186
NZD 2.017279
OMR 0.448002
PAB 1.1678
PEN 3.926892
PGK 4.952877
PHP 68.813177
PKR 329.883811
PLN 4.230421
PYG 8097.955442
QAR 4.268104
RON 5.093784
RSD 117.405001
RUB 89.428762
RWF 1699.056442
SAR 4.372624
SBD 9.581501
SCR 15.83572
SDG 700.739077
SEK 10.962357
SGD 1.508886
SHP 0.87412
SLE 26.796781
SLL 24431.370198
SOS 666.226074
SRD 45.023191
STD 24115.028075
STN 24.494657
SVC 10.21742
SYP 12883.858981
SZL 19.816827
THB 37.09708
TJS 10.731491
TMT 4.077818
TND 3.427635
TOP 2.805259
TRY 49.532165
TTD 7.917001
TWD 36.455959
TZS 2842.8212
UAH 49.235746
UGX 4139.936989
USD 1.165091
UYU 45.74845
UZS 13910.428222
VES 289.625154
VND 30711.794538
VUV 142.222766
WST 3.250779
XAF 655.7858
XAG 0.020016
XAU 0.000276
XCD 3.148716
XCG 2.104569
XDR 0.815587
XOF 655.791427
XPF 119.331742
YER 277.75676
ZAR 19.715959
ZMK 10487.212054
ZMW 26.828226
ZWL 375.158775
  • RBGPF

    0.0000

    78.35

    0%

  • CMSC

    0.0400

    23.48

    +0.17%

  • VOD

    0.0500

    12.64

    +0.4%

  • RIO

    -0.5500

    73.73

    -0.75%

  • NGG

    -0.5800

    75.91

    -0.76%

  • GSK

    -0.4000

    48.57

    -0.82%

  • RYCEF

    0.4600

    14.67

    +3.14%

  • AZN

    -0.8200

    90.03

    -0.91%

  • RELX

    0.3500

    40.54

    +0.86%

  • BTI

    0.5300

    58.04

    +0.91%

  • BP

    -0.0100

    37.23

    -0.03%

  • CMSD

    -0.0300

    23.32

    -0.13%

  • JRI

    0.0500

    13.75

    +0.36%

  • SCS

    -0.1200

    16.23

    -0.74%

  • BCC

    -2.3000

    74.26

    -3.1%

  • BCE

    0.0400

    23.22

    +0.17%

G. Bissau junta consolidates power as condemnation of coup spreads
G. Bissau junta consolidates power as condemnation of coup spreads / Photo: Patrick MEINHARDT - AFP

G. Bissau junta consolidates power as condemnation of coup spreads

The new military leader of Guinea-Bissau appointed an ally of the ousted president as prime minister on Friday, as international criticism grew of this week's coup.

Text size:

The military took "total control" of the west African country on Wednesday -- a day before the provisional results of national elections were due to be announced -- and President Umaro Sissoco Embalo took refuge in neighbouring Senegal.

The true motives for the putsch, the fifth the west African country has suffered in 45 years, remain unclear.

On Friday, Guinea-Bissau's new military leader, General Horta N'Tam, named as his prime minister Ilidio Vieira Te, the finance minister in Embalo's government.

N'Tam, who has been appointed to run the small, volatile country for a one-year transitional period, is also seen as an ally of Embalo's.

The people of Guinea-Bissau "expect a lot" of their new leaders, he told Te during a brief swearing-in ceremony, saying he hoped the junta and the new prime minister would "continue to work hand-in-hand".

Outside the country, international condemnation of the coup continued to mount.

The African Union announced on Friday it was suspending Guinea-Bissau "with immediate effect", shortly after the Economic Community of West African States (ECOWAS) froze Guinea-Bissau out of "all decision-making bodies".

United Nations Secretary-General Antonio Guterres condemned the military's "unacceptable violation of democratic principles", while the European Union urged "a swift return to the constitutional order and the resumption of the electoral process".

- Motives for coup -

In Dakar, Senegalese President Ousmane Sonko said on Friday he thought the coup was a stitch-up, echoing suspicions voiced by a number of political analysts consulted by AFP.

"Everyone knows that what happened in Guinea-Bissau was a scam," Sonko told the Senegalese parliament in Dakar, without elaborating.

"We should continue with the electoral process and let the (electoral) commission announce who won."

Opposition candidate Fernando Dias da Costa told AFP on Thursday he believed he had beaten Embalo in Sunday's presidential election.

He alleged that Embalo, who also claimed victory, had "organised" the power grab to prevent him from taking office.

His view was shared by a west African analyst who told AFP on Thursday the coup was "the ideal scenario for Mr Embalo".

It could allow the ousted president to "potentially reposition himself for the next elections", the analyst said on condition of anonymity.

Other political researchers say a high-level turf war to control illegal drug smuggling networks may have also played a part in Guinea-Bissau's instability.

General Denis N'Canha, head of the presidential military office, alluded to the trafficking on Thursday when he said a plan involving "drug lords" had been uncovered, including "the introduction of weapons into the country to alter the constitutional order".

- Illicit drugs trade -

Crippling poverty, chaotic administration and political tumult have made Guinea-Bissau a fertile ground for corruption and drug smuggling.

It is a key transit point for Latin American cocaine destined for Europe to the point that some analysts have dubbed it a "narco-state".

Senior politicians and military brass are suspected of implication in the illicit trade in hard drugs.

Meanwhile, life in the capital Bissau began to return to a semblance of normality.

Vehicles returned to the streets, borders were ordered to reopen and markets started functioning again.

"I resumed my work because if I stay home, I will have nothing to eat," Boubacar Embalo, a 25-year-old street vendor, told AFP.

Sandwiched between Senegal and Guinea, Guinea-Bissau had already undergone four coups and a host of attempted takeovers since its independence from Portugal in 1974.

Among the world's poorest countries, it has now joined the list of states suspended from the AU following coups, alongside Burkina Faso, Mali, Madagascar, Niger and Sudan.

(K.Lüdke--BBZ)