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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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Since its introduction in February, the local real-time gross settlement (RTGS) dollar, a de facto new local currency, has lost over 60% of its value relative to the US dollar on…
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DOI: 10.1108/OXAN-DB244607
ISSN: 2633-304X
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The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…
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DOI: 10.1108/OXAN-DB244145
ISSN: 2633-304X
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Nigerian state finances.
This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
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These shocks will sustain already heightened reform pressures on the government during a period of diminishing public revenue. Security crises across various states and regions…
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DOI: 10.1108/OXAN-DB257599
ISSN: 2633-304X
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Meanwhile, Sudan seized the opportunity to present itself as a foreign direct investment (FDI) destination by showcasing investment projects worth billions of dollars.
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DOI: 10.1108/OXAN-DB261817
ISSN: 2633-304X
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The president’s utterances mark a shift from his previous calls for a roundtable dialogue with opposition protest leaders, who on June 7 organised the largest mass protest since…
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DOI: 10.1108/OXAN-DB244762
ISSN: 2633-304X
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However, China’s insistence on negotiating debt relief bilaterally and on a loan-by-loan basis will delay efforts to reschedule borrowing, jeopardising Angola’s debt…
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DOI: 10.1108/OXAN-DB257502
ISSN: 2633-304X
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The disruption at Sibanye-Stillwater’s gold mines reflects wider turmoil in the gold mining sector, including a 13th consecutive month of production decline in October. Meanwhile…