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The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…
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DOI: 10.1108/OXAN-DB244145
ISSN: 2633-304X
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Although this was above market expectations and the economy has avoided entering a technical recession, fears persist over the slow pace of reforms by President Cyril Ramaphosa’s…
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DOI: 10.1108/OXAN-DB246195
ISSN: 2633-304X
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While details are scant, the 'social compact' reportedly includes clearer deliverables than previous recovery plans. However, fears persist over government capacity to deliver and…
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DOI: 10.1108/OXAN-DB256532
ISSN: 2633-304X
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The Syriza government, trailing by a margin of around 10 percentage points (pp), has abandoned its commitment to creditors to reduce pensions and taxes in exchange for debt relief…
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DOI: 10.1108/OXAN-DB244435
ISSN: 2633-304X
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Crucial to the new framework's success will be the ongoing overhaul of state-owned oil company Sonangol, alongside an oil price recovery, as well as politically contentious fuel…
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DOI: 10.1108/OXAN-DB258516
ISSN: 2633-304X
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Yet worsening macroeconomic conditions amid the COVID-19 pandemic, including a fall in oil prices and declining foreign currency reserves, have forced President Muhammadu Buhari’s…
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DOI: 10.1108/OXAN-DB256558
ISSN: 2633-304X
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President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…