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Ghana's IMF compliance to be highly uneven

Location:

GHANA

Ghana's IMF deal.

South African monopoly plan faces competing interests

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SOUTH AFRICA

The proposed overhaul, prompted in part by populist sentiment against so-called ‘white monopoly capital’, aims to facilitate competition and open the economy to smaller…

South Africa faces fiscal reform challenges

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SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

South African Reserve Bank will reaffirm independence

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SOUTH AFRICA

Although the bank has acted on various fronts to support the economy, including a limited bond-buying programme, it continues to resist calls for full-blown quantitative easing…

Ghana's repayment moratorium may complicate debt talks

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GHANA

The decision applies to Ghana’s Eurobonds, commercial term loans and most of its bilateral debt. It does not apply to multilateral debt. The government, which reached a…

Namibian mining boost to prompt growth return

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NAMIBIA

The prospects for the mining sector in 2017 will be significantly shaped by uranium prices. Despite a difficult macro-economic environment, Namibia is positioning itself to take…

Mozambican government could ease IMF fears over debt

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MOZAMBIQUE

As Mozambique’s government struggles to deal with an ongoing controversy over 2 billion dollars in secret loans and unpaid debts, the government hopes new gas investments and the…

Angola's new president tries to move beyond dos Santos

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ANGOLA

Lourenco took power a month previously and shortly afterwards appointed his first cabinet, with many ministers and state secretaries who served under his predecessor…

Kenya development outlook shifts to the private sector

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KENYA

Kenya budgetary and fiscal outlook.

Ghana's budget proposals likely to prove unfeasible

Location:

GHANA

The government plans to increase government spending to 58.1 billion cedis (12.5 billion dollars), up 13.7% from 2016, while reducing the fiscal deficit to 6.5% of GDP from 8.7…