Search results

New rules may help consolidate Nigeria's banks

Location:

NIGERIA

The new regulations respond in part to the naira’s recent devaluation and depreciation, which have substantially shrunk domestic banking capital in dollar terms. It is the first…

Eskom bailout will not solve South Africa power crisis

Location:

SOUTH AFRICA

The deal will see the state assume or help pay ZAR254bn (USD13.7bn) of Eskom’s debt and comes amid a debilitating increase in breakdowns of generating capacity that mean the…

South Africa faces long-term threats to stability

Location:

SOUTH AFRICA

This reflects concerns over systemic corruption, high-level impunity, ruling party dysfunction, growing criminality and violence and infrastructure failures, among other…

Sudan will struggle to overcome economic emergency

Location:

SUDAN

In principle, Prime Minister Abdallah Hamdok’s transitional cabinet has prioritised economic stabilisation and reform. In practice, reforms have stalled and conditions continue to…

Sudan's economic reform will prove challenging

Location:

SUDAN

Bringing tangible improvements to the economy will be a major challenge for Sudan’s new transitional government. Economic hardship and anger over perceived government corruption…

Nigeria's Tinubu will struggle with fiscal challenges

Location:

NIGERIA

These subsidies were scheduled to end in June. The Council justified the decision on the need for more preparatory work, particularly by the incoming administration of…

South Africa mining slump hurts ANC election campaign

Location:

SOUTH AFRICA

The timing is disastrous for the ruling ANC party, which faces elections in May with its support already crumbling, in part due to its poor performance on economic issues. Major…

Implementation will be key to Africa’s free trade area

Location:

AFRICA

The agreement aims to boost intra-African trade and reduce reliance on imports from non-African nations, both of which could prove critical to the continent’s post-pandemic…

New Nigeria bank restrictions may boost fintech sector

Location:

NIGERIA

These limit weekly cash withdrawals from banks to NGN500,000 (USD1,072) for individuals and to NGN5mn for businesses. One aim of the new policy is to drive an increase in digital…

Kenya campaign promises face economic reality check

Location:

KENYA

However, their campaign promises, some of which are ambitious, may be constrained by a difficult budgetary situation, something which neither camp denies.