Entries for 'Sub-Saharan Africa'
January 25, 2017
With the launch of the National Financial Inclusion Strategy (NFIS) in 2012, Nigeria, a signatory of the Maya Declaration, took a first step in suppor
January 24, 2017
The new government has inherited an economy on the mend with growth set to accelerate, the current account deficit narrowing, and inflation and intere
December 16, 2016
Our recent visit to South Africa found an economy struggling to grow against a backdrop of increasing political strains, weak confidence and the need
October 27, 2016
SUFFICIENT TO AVOID A DOWNGRADE? ' ' ' ' The eagerly awaited Medium Term Budget Policy Statement (MTBPS), which sets the fiscal framework for the ne
September 29, 2016
Banking Sector Disrupted ' The focus of the meetings on our recent trip to Nairobi centered on the implications of the Banking (Amendment) Act 2016 t
September 9, 2016
With activity stifled by FX scarcity, capital controls, and sabotage of oil facilities, the economy has slid into recession and unemployment has risen
August 24, 2016
NPLs have also improved, contrary to expectations last quarter, consiste
July 28, 2016
During our recent visit to Accra, we found an economy that had come through a difficult adjustment process, but which is now on a clearer recovery pat
July 24, 2016
The Zambian economy is struggling in the aftermath of a collapse in copper prices and electricity shortages. The exchange rate has depreciated sharply
July 20, 2016
EARLY DAYS IN DIFFICULT ADJUSTMENT On our recent visit to Nigeria, we found an economy starting to adjust, but the road ahead remains rocky. The econ
June 28, 2016
Growth for the region as a whole slowed last year and we expect it to weaken further in 2016, although the extent of the slowdown has been less pronou
May 10, 2016
Grappling with Adversity Our recent visit to Lusaka found an economy struggling in the aftermath of a collapse in copper prices, a hefty depreciation
April 14, 2016
Although Kenya has close ties with China in both trade and investment, it is not an exporter of metals and minerals like many other countries in Sub-S
March 21, 2016
True to his election slogan of working hard and being incorruptible, President Magufuli's administration is pushing to improve governance and spread t
February 26, 2016
Minister Gordhan delivered a commendable budget that reduces the deficit quicker than had been anticipated in last October's Medium Term Budget Policy
February 24, 2016
Our recent visit to Nairobi reinforced our view that Kenya is less vulnerable than other sub-Saharan African countries to developments in China and th
February 11, 2016
With the mantra of change and a cabinet finally in place, the government is trying to reinvigorate growth and implement much-needed reforms in a parti
February 5, 2016
The rand has been under intense pressure since then, with foreign investors selling South African assets
January 28, 2016
EM portfolio flows continue unprecedented slide In search of safer havens-fund flows favor core bonds South Africa-MPC bites the bullet ' 1.'
January 19, 2016
Net capital outflows from emerging markets in 2015 were even larger than we previously thought. The bulk of these outflows relate to China, driven in