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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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Stronger economic growth in the United States, falling domestic inflation and improving government finances are expected to support the region’s exports, consumption and…
Macroeconomic prospects depend on whether Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement (MTBPS) achieves traction with potentially hostile audiences…
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DOI: 10.1108/OXAN-DB283326
ISSN: 2633-304X
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The adverse conditions that drove the rand to record lows in the second quarter of 2023 will likely persist through the remainder of the year, despite 0.4% growth in the first…
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DOI: 10.1108/OXAN-DB280031
ISSN: 2633-304X
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The downgrade reflects the expected realisation this year of the delayed global economic slowdown. The resulting debt overhang in the region has depleted the space for fiscal…
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DOI: 10.1108/OXAN-DB280137
ISSN: 2633-304X
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South Africa’s escalating power crisis has slashed its growth prospects, with the government making only slow progress on promised reforms and the president declaring a state of…
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DOI: 10.1108/OXAN-DB276446
ISSN: 2633-304X
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Prospects for African economies to end-2022.
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DOI: 10.1108/OXAN-DB271099
ISSN: 2633-304X
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Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.
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DOI: 10.1108/OXAN-DB253988
ISSN: 2633-304X
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Meanwhile, the already dire state of public finances is set to deteriorate further as the economic impacts of the COVID-19 dampen revenues and increase debt, further undercutting…
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DOI: 10.1108/OXAN-DB253562
ISSN: 2633-304X
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Geographic
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AFRICA: Nigeria's AfDB win asserts regional role