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However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…
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DOI: 10.1108/OXAN-DB257211
ISSN: 2633-304X
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Although this was above market expectations and the economy has avoided entering a technical recession, fears persist over the slow pace of reforms by President Cyril Ramaphosa’s…
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DOI: 10.1108/OXAN-DB246195
ISSN: 2633-304X
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SOUTH AFRICA: Airline vote will prompt funding tussle
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DOI: 10.1108/OXAN-ES253923
ISSN: 2633-304X
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Although President Muhammadu Buhari’s government recently touted its imminent passage, it has stalled again and will not pass until the first quarter of 2021 at the earliest. With…
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DOI: 10.1108/OXAN-DB257657
ISSN: 2633-304X
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SOUTH AFRICA: Budget plans may give brief reprieve
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DOI: 10.1108/OXAN-ES250958
ISSN: 2633-304X
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Yet President Julius Maada Bio’s administration still needs further contributions to fund its COVID-19 response plan. Meanwhile, tensions between the ruling Sierra Leone People’s…
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DOI: 10.1108/OXAN-DB253563
ISSN: 2633-304X
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Yet worsening macroeconomic conditions amid the COVID-19 pandemic, including a fall in oil prices and declining foreign currency reserves, have forced President Muhammadu Buhari’s…
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DOI: 10.1108/OXAN-DB256558
ISSN: 2633-304X
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President Cyril Ramaphosa, who had been under escalating pressure from business and organised labour to reopen the economy fully, justified the relaxation by citing reductions in…
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DOI: 10.1108/OXAN-DB254671
ISSN: 2633-304X
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A week previously, new Finance Minister Tito Mboweni’s Medium-Term Budget Policy Statement (MTBPS) showed a worrying deterioration in deficit and debt ratios. However, President…