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Zambian economic gloom likely to worsen

Location:

ZAMBIA

Amid escalating external debt, President Edgar Lungu’s administration recently directed the liquidation of KCM, majority-owned by Vedanta, and is suspected to want to sell these…

Soft landing has become more likely in Central Europe

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EU

The NBP’s March Inflation Report lowers its forecast for average CPI significantly to 1.7%, from 3.2% in its November forecast; GDP is to grow by 4.0% (November: 3.6%). Outside…

Election risks will weigh on Kenyan economy

Location:

KENYA

With all eyes on the political and security implications of the Supreme Court’s landmark annulment of the August 8 polls, elevated political risk is also impacting the economy…

Zambia debt crisis faces imminent tipping point

Location:

ZAMBIA

President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…

Prospects for the global economy to end-2018

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PROSPECTS H2 2018

Global economy prospects.

Angola's renewed China dependence will bring more pain

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ANGOLA

However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…

Ghana borrowings may prompt eventual return to the IMF

Location:

GHANA

The Bank of Ghana (BoG) has bought up unprecedented levels of treasury bonds but now wants to scale back its role. Finance Minister Ken Ofori-Atta is looking to international…

Morena triumph in Mexico will drive market uneasiness

Location:

MEXICO

Sheinbaum looks set to continue the economic policies of departing President Andres Manuel Lopez Obrador (AMLO). The electoral triumph has made feasible a constitutional overhaul…