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South African parastatal reforms may underwhelm

Location:

SOUTH AFRICA

More bailouts for Eskom and other cash-strapped SOEs come amid an ongoing exodus of senior executives. This has raised renewed questions about the willingness and ability of…

Cheap oil will test Nigerian banks' resilience

Location:

NIGERIA

The first policy loosening in more than six years highlights government concerns about the challenging outlook for bank lending. The plunge in global oil prices and sharp…

Market turbulence and rising rates weigh on EU banking

Location:

INT

Doubts over three large European banks have driven down the stock prices of German and French banks even though the sector benefits from a comfortable return on equity, rising…

Cash relief could help states mitigate risks in Africa

Location:

AFRICA

To date, traditional aid programmes and subsidies have had little effect on reducing persistent poverty and inequality. This is leading donors to push regional states to extend…

Excess euro-area liquidity raises bank lending risks

Location:

EU

The ECB stopped purchasing bonds this month after running its asset purchase programme (APP) since March 2015. The APP flooded commercial banks with liquidity in excess of their…

Cash crisis clouds Uganda’s economic outlook

Location:

UGANDA

The government has been on a borrowing spree, taking on increasingly expensive loans to address a cash crisis that has affected government service delivery and salary payments…

Cash buffer would back up Greece's bailout exit

Location:

GREECE

Greece’s exit from bailout conditions.

Ethiopia's demonetisation mixes politics and economics

Location:

ETHIOPIA

The move comes after the government prohibited individuals and organisations from holding cash over ETB1.5mn (around USD41,000) and a cap on daily cash withdrawals for individuals…

Bank profits rise despite credit slump in Argentina

Location:

ARGENTINA

Banking sector performance.

Digital euro will launch but perhaps later than 2027

Location:

INT

The digital euro project is the most advanced central bank digital currency (CBDC) plan among Western economies. It promises enhanced strategic autonomy, faster payments and to…