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South African relief plan will not halt further slide

Location:

SOUTH AFRICA

South African relief package.

Economic plans may not stir South African government

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SOUTH AFRICA

Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.

Debt overhang threatens Kenya’s infrastructure plans

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KENYA

Kenya's debt difficulties.

Increased Mozambican violence will concern investors

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MOZAMBIQUE

In the aftermath of Tropical Cyclone Kenneth last month, attacks in Cabo Delgado have intensified, moving closer to major liquefied natural gas (LNG) investments.

Zimbabwe economic crisis may escalate further

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ZIMBABWE

Since the abandonment of the multi-currency regime in June, the new Zimbabwe dollar has lost almost 60% of its value relative to the US dollar. The parallel market for foreign…

South African 2020 budget may delay Moody's downgrade

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SOUTH AFRICA

While the measures have been welcomed by investors, they depend on Pretoria reaching a deal with civil servants, whose unions have denounced the government’s plans.

South African budget plans may prove too ambitious

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SOUTH AFRICA

However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…

South African economy faces severe recession in 2020

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SOUTH AFRICA

The announcement will put further pressure on South Africa’s already stressed financial markets. The rand and bond prices fell sharply yesterday, raising questions about whether…

Africa-EU trade talks faces diverging pressures

Location:

AFRICA

Africa-EU trade.

South Africa’s Ramaphosa will tout reform impetus

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SOUTH AFRICA

A week previously, new Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) showed a worrying deterioration in deficit and debt ratios. However, President…