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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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This is the second devaluation of the naira in less than six months on the official foreign exchange (forex) market. The CBN has previously staved off a devaluation despite the…
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DOI: 10.1108/OXAN-DB255029
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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Although the bank has acted on various fronts to support the economy, including a limited bond-buying programme, it continues to resist calls for full-blown quantitative easing…
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DOI: 10.1108/OXAN-DB254234
ISSN: 2633-304X
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With all eyes on the political and security implications of the Supreme Court’s landmark annulment of the August 8 polls, elevated political risk is also impacting the economy…
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DOI: 10.1108/OXAN-DB224723
ISSN: 2633-304X
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Ethiopia's economic outlook
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DOI: 10.1108/OXAN-DB229640
ISSN: 2633-304X
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Prospects for South Africa in 2020.
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DOI: 10.1108/OXAN-DB249037
ISSN: 2633-304X
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Since the abandonment of the multi-currency regime in June, the new Zimbabwe dollar has lost almost 60% of its value relative to the US dollar. The parallel market for foreign…
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DOI: 10.1108/OXAN-DB246811
ISSN: 2633-304X
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This has increased pressure on President Muhammadu Buhari’s government to fast-track reforms amid worsening unemployment and inequality. Meanwhile, ongoing security crises…