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IMF unlikely to resolve Zambia's debt conundrum

Location:

ZAMBIA

While the G20's new Common Framework for Debt Treatments provides a new mechanism for debt restructuring, it also requires Zambia to convince the IMF that it has disclosed all of…

Angola's renewed China dependence will bring more pain

Location:

ANGOLA

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…

Zambia debt crisis faces imminent tipping point

Location:

ZAMBIA

President Edgar Lungu and his Patriotic Front (PF) government are increasingly struggling to mobilise resources to meet repayments amid continued high public spending. Meanwhile…

Zambian economic gloom likely to worsen

Location:

ZAMBIA

Amid escalating external debt, President Edgar Lungu’s administration recently directed the liquidation of KCM, majority-owned by Vedanta, and is suspected to want to sell these…

Syriza is likely to win autumn elections in Greece

Location:

GREECE

The reforms will allow the release of fresh funding for banks and a bridging loan to meet debt obligations to the IMF and ECB. A quarter of Syriza deputies rebelled, but…

Greece's long-drawn-out debt agony cannot continue

Location:

GREECE/EU

GREECE/EU: Long-drawn-out debt agony cannot continue

Greek debt deal may split Syriza leading to elections

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GREECE

After months of trying to abide by its election promises to end six years of austerity, the Syriza-led coalition government has capitulated to creditor demands and proposed 8…

Ghana borrowings may prompt eventual return to the IMF

Location:

GHANA

The Bank of Ghana (BoG) has bought up unprecedented levels of treasury bonds but now wants to scale back its role. Finance Minister Ken Ofori-Atta is looking to international…

Prospects for African economies to end-2018

Location:

PROSPECTS H2 2018

Prospects for African Economies.

Greece's Syriza may soften policy to form coalition

Location:

GREECE

Voters may return a left-leaning coalition led by the Coalition of the Radical Left (Syriza), which has pledged to renegotiate the country's massive debt and roll back many of the…