Search results
1 – 10 of 146
GHANA: Debt talk failure will postpone final deal
Details
DOI: 10.1108/OXAN-ES286464
ISSN: 2633-304X
Keywords
Geographic
Topical
Addis Ababa must reach an agreement with the IMF to honour its commitments under its debt-service suspension agreement with official creditors. Thereafter, further talks will be…
Details
DOI: 10.1108/OXAN-DB286657
ISSN: 2633-304X
Keywords
Geographic
Topical
However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
Details
DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
Keywords
Geographic
Topical
Separately, the government is locked in a battle with county administrations that are demanding increased funds. Together, devolution and a resolute judiciary are complicating…
Details
DOI: 10.1108/OXAN-DB285135
ISSN: 2633-304X
Keywords
Geographic
Topical
KENYA: New deal may encourage Nairobi’s bond hopes
Details
DOI: 10.1108/OXAN-ES284924
ISSN: 2633-304X
Keywords
Geographic
Topical
Although a 14-day grace period to make the payment or agree a payment suspension has yet to expire, there is now a high risk that a default is imminent.
The weakness of the Kenyan shilling, which is constantly hitting new record lows, has generated so much concern that, on October 24, parliament summoned the central bank governor…
Details
DOI: 10.1108/OXAN-DB283254
ISSN: 2633-304X
Keywords
Geographic
Topical
Separately, it says it has now also opened talks with private bondholders to try to reach a similar understanding over USD3bn in dollar-denominated bonds.
ETHIOPIA: Debt suspension will offer some relief
ZAMBIA: Debt dispute undermines restructuring hopes