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Ethiopia's demonetisation mixes politics and economics

Location:

ETHIOPIA

The move comes after the government prohibited individuals and organisations from holding cash over ETB1.5mn (around USD41,000) and a cap on daily cash withdrawals for individuals…

South Africa’s media terrain faces diverging fortunes

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SOUTH AFRICA

Manyi, a Zuma ally, bought the Gupta-owned The New Age newspaper and TV news channel ANN7 in August in a wholly vendor-financed deal. In recent years, The New Age and ANN7 have…

Parallel imports continue to support Russia’s economy

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RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

Balkan banks will raise Greek contagion fears

Location:

EUROPE

The loan let Greece make a scheduled payment to the ECB and settle arrears to the IMF. It is part of the agreement in principle with Greece's international lenders for a third…

COVID-19 impacts will cut Latin American remittances

Location:

LATIN AMERICA

The contraction, after several years of robust growth, will stem from a deep recession and measures to contain the spread of COVID-19.

Risks are high despite Turkey’s policy 'normalisation'

Location:

TURKEY

With the lira at a record low, the Central Bank continued to tighten monetary policy this week, funding the market through competitive one-month repo tenders at rates of around…

Missed financial target will hurt ASEAN unification

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ASEAN

Outlook for the ASEAN Economic Community.

Foreign banks’ faith in Mexico will endure

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MEXICO

Mexican banking.

Foreign-exchange risk dogs Central Europe

Location:

EUROPE

This unexpected appreciation surge came after several weeks of sharp currency swings, as contagion from the Greek crisis hit foreign exchange (FX) markets. In the 'Visegrad Four'…

West African cocoa farmers face price disappointment

Location:

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…