The route to a civilian-led government that steers Sudan through a 24-month transitional period before elections faces difficulties so intricate they could unravel the process, analysts say.
The analysts spoke to The National a day after Sudan’s ruling generals and a major pro-democracy coalition signed a preliminary deal to restore the country’s democratic transition 13 months after it was upended by a military coup led by army chief Gen Abdel Fattah Al Burhan.
The agreement includes the departure of the military from politics, the creation of a civilian-led transitional government and a security and defence council in which the military is represented but led by the civilian prime minister.
Thorny issues such as reforming the armed forces and finally implementing a peace deal signed in 2020 with several rebel groups have been left out of the agreement pending further discussions. Also off the table for now are transitional justice and the purging from public life loyalists to the regime of ousted dictator Omar Al Bashir.
“Each one of these issues has the potential of unravelling the deal,” said political analyst Omar Abdel Aziz. “They are time bombs ticking away. They are too tough to resolve.”
Crucially, the successful implementation of Monday’s agreement, particularly a credible civilian-led transitional government, would persuade Sudan’s western and Gulf Arab backers to release billions of dollars in aid to help Sudan pull through its worst economic crisis in living memory.
These funds were suspended after last year’s coup.
Besides its woeful economy, hunger caused mainly by drought and soaring food prices is fast spreading in the vast Afro-Arab nation. Moreover, the security vacuum created by the coup has allowed ethnic and tribal violence in outlying regions to break out, killing hundreds and displacing tens of thousands.
In television interviews after Monday’s signing ceremony, Gen Al Burhan has gone out of his way to emphasise the preliminary nature of the agreement. He described the document as a deal on “national issues” that can only be resolved with the participation of a broader base of political forces.
He has also made it clear that until its departure, the military will have the final say on who is in the transitional government, and will be the sole judge of the success or failure of its policies, suggesting that the generals could veto or intervene in the process.
Gen Al Burhan has also made the military’s departure from politics conditional on the creation of a government of independent technocrats, rather than partisan individuals. The success of the proposed government, he said, will be determined by its ability to fulfil the aspirations of the Sudanese people.
He has also delivered a stern warning to civilian politicians, saying he will not accept meddling in the “technical affairs” of the armed forces.
He said he accepted the agreement’s provision for a civilian to assume the position of supreme commander of the armed forces, as long as he approves and ratifies recommendations presented to him by the military, reducing his role to rubber-stamping decisions of the top brass.
“The worst fears over the fate of the agreement are rooted in Al Burhan’s intentions and the extent of his seriousness in implementing it,” said Khaled Al Fiqy, editor of the online newspaper Al Saqiyah.
“An equally significant challenge is whether the civilian groups can close ranks and for the political parties to accept their exclusion from the next government,” he said.
The deal has already run into opposition from influential groups, including Islamists loyal to Al Bashir, who was ousted in April 2019 after mass street protests against his 29-year rule. The Islamists continue to have sizeable footholds in the judiciary, armed forces and prosecution service.
The Resistance Committees, a neighbourhood-based organisation that has spearheaded the antimilitary protests of the past year, also oppose the agreement. At least 120 protesters have been killed and more than 6,000 injured in those protests.
The Committees, which have recently splintered, embrace an uncompromising position on the military, insisting that the ruling generals must step down unconditionally and be held accountable for the killing of protesters.
Both the Islamists and supporters of the Committees staged street protests against the agreement on Monday, before security forces used teargas and stun grenades to disperse them.
The military forces, despite assertions to the contrary, are also fractured, with growing signs that differences exist between Gen Al Burhan and Gen Mohamed Hamdan Dagalo, his powerful deputy on the ruling, military-led Sovereign Council and commander of the well-armed and combat-seasoned Rapid Support Forces.
Gen Dagalo’s RSF traces its roots to the civil war in the western Darfur region in the 2000s when, as a militia, it fought on the government’s side against ethnic African rebels.
Addressing Monday’s ceremony, Gen Dagalo said the October 25, 2021 coup was a “political mistake” and offered a rare apology for the state’s part in the seemingly endless civil wars waged by the military since independence in 1956 against ethnic or religious groups in the south and west of the country.
“It’s his personal view,” Gen Al Burhan said, when asked to comment on his deputy’s branding of the 2021 coup as a mistake. “It was not a mistake. It was necessary to save us from what could not be seen by all.”
The Settlers
Director: Louis Theroux
Starring: Daniella Weiss, Ari Abramowitz
Rating: 5/5
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
Cry Macho
Director: Clint Eastwood
Stars: Clint Eastwood, Dwight Yoakam
Rating:**
LA LIGA FIXTURES
Thursday (All UAE kick-off times)
Sevilla v Real Betis (midnight)
Friday
Granada v Real Betis (9.30pm)
Valencia v Levante (midnight)
Saturday
Espanyol v Alaves (4pm)
Celta Vigo v Villarreal (7pm)
Leganes v Real Valladolid (9.30pm)
Mallorca v Barcelona (midnight)
Sunday
Atletic Bilbao v Atletico Madrid (4pm)
Real Madrid v Eibar (9.30pm)
Real Sociedad v Osasuna (midnight)
AndhaDhun
Director: Sriram Raghavan
Producer: Matchbox Pictures, Viacom18
Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan
Rating: 3.5/5
Cultural fiesta
What: The Al Burda Festival
When: November 14 (from 10am)
Where: Warehouse421, Abu Dhabi
The Al Burda Festival is a celebration of Islamic art and culture, featuring talks, performances and exhibitions. Organised by the Ministry of Culture and Knowledge Development, this one-day event opens with a session on the future of Islamic art. With this in mind, it is followed by a number of workshops and “masterclass” sessions in everything from calligraphy and typography to geometry and the origins of Islamic design. There will also be discussions on subjects including ‘Who is the Audience for Islamic Art?’ and ‘New Markets for Islamic Design.’ A live performance from Kuwaiti guitarist Yousif Yaseen should be one of the highlights of the day.
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
UAE v Gibraltar
What: International friendly
When: 7pm kick off
Where: Rugby Park, Dubai Sports City
Admission: Free
Online: The match will be broadcast live on Dubai Exiles’ Facebook page
UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)
Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
UAE currency: the story behind the money in your pockets
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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