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South Africa's parastatals face growing turmoil

Location:

SOUTH AFRICA

This comes amid reports that the state-owned airline will shortly receive a 10-billion-rand (760-million-dollar) bailout from the government, with almost 7 billion rand in debts…

Zimbabwe economic crisis may escalate further

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ZIMBABWE

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…

Japan’s agricultural exports will increase

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JAPAN

Although agriculture accounts for less than 1% of Japan’s GDP and total employment, its development has come into the focus of public attention amid rising food security concerns.

Nigerian government faces critical revenue challenges

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NIGERIA

Combined federal, state and local government revenues stood at only an estimated 7.8% of GDP in 2018. With expenditure continually outpacing revenue, and the country's debt burden…

EU climate progress will be most clear in renewables

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EU

Although the exact details of the package remain subject to clarification and amendment, it requires a much broader decarbonisation effort beyond the power sector, as well as…

Very high inflation may be the new normal in Turkey

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TURKEY

As state-owned banks apparently intervene to support the lira, the Treasury and Finance Ministry has proposed issuing domestic bonds with yields linked to the revenues of state…

Nigerian political dynamics may foil economic rebound

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NIGERIA

Nigeria's fragile recovery

Migration threatens new Greek government’s popularity

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GREECE

Recently elected New Democracy (ND) Prime Minister Kyriakos Mitsotakis enjoys positive public approval, according to all the latest polls. Nevertheless, some of ND’s voters seem…

New Kyrgyzstan language law will raise Russia tensions

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CENTRAL ASIA

A new language law entered into force on July 18 that reflects the president's determination to promote Kyrgyz. Russia’s foreign ministry has protested. The controversy highlights…

Zambia faces default despite bondholders’ reprieve

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ZAMBIA

However, rather than reject Lusaka's proposal, a group of creditors abstained from the vote, forcing an adjournment until November 13. That date coincides with the end of Zambia’s…