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South Sudan oil sector expansion will prove elusive

Location:

SOUTH SUDAN

Since independence in 2011 -- and during the preceding six years of autonomy -- the budget has depended overwhelmingly on oil revenues. However, production has contracted…

COP 24 leaves much to be done regarding climate change

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INTERNATIONAL

Delegates succeeded in establishing most of the technical guidance necessary to implement the 2015 Paris Agreement -- a notable achievement, but not one that will, in itself…

Sierra Leone mining upheaval will prompt unease

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SIERRA LEONE

In recent months, the government suspended SL Mining's licence pending review, while also cancelling the licences of Tonkolili Iron Ore (SL) and African Railway and Port Services…

Abiy seeks to centralise power in Ethiopia

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ETHIOPIA

According to Abiy, the ‘Chaka Project’ may cost some ETB500bn (USD9bn), which would make it Ethiopia’s largest-ever public project. However, parliament has had no oversight role…

South African lockdown easing will only do so much

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SOUTH AFRICA

President Cyril Ramaphosa, who had been under escalating pressure from business and organised labour to reopen the economy fully, justified the relaxation by citing reductions in…

West African cocoa farmers face price disappointment

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WEST AFRICA

However, with COVID-19-related disruptions weakening chocolate demand, and expectations for another tumble in cocoa’s world market price, the Ivorian Coffee and Cocoa Board (CCC…

COVID-19 corruption will complicate Ramaphosa's agenda

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SOUTH AFRICA

His comments come amid rising public anger at corruption allegations implicating ANC officials and associated elites, reaffirming long-standing perceptions that the party is not…

Zimbabwe economic pressures will linger

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ZIMBABWE

Since its introduction in February, the local real-time gross settlement (RTGS) dollar, a de facto new local currency, has lost over 60% of its value relative to the US dollar on…

West African cocoa sustainability demands will grow

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WEST AFRICA

Nevertheless, multinationals face mounting pressure to deliver on their sustainability programmes, while Ivorian and Ghanaian regulators face new pressures to bolster domestic…

South African banking sector growth may face headwinds

Location:

SOUTH AFRICA

This level was briefly reached in 2017, as well as during the 2008-09 global financial crisis. Interest rates are expected to rise further until inflation moves back within…