Senegal Bonds Sink After Presidential Election Is Postponed
- Six-month delay to vote proposed pending probe into process
- If agreed Sall will continue to serve until next election
Macky Sall
Photographer: Krisztian Bocsi/BloombergThis article is for subscribers only.
Senegal’s eurobonds fell sharply after President Macky Sall postponed this month’s presidential elections indefinitely and the authorities cut mobile internet access amid a constitutional crisis.
Police reinforced security in the capital on Monday, a day after clashes with opposition supporters on the streets of Dakar that led to the arrest of officials including former Prime Minister Aminata Touré and presidential candidate Anta Babacar Ngom. The government cut access to mobile internet services because of “hateful and subversive” messages being posted online that are jeopardizing public order, the Communication Ministry said.