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Ghana: the most fragile of all?
The discovery of oil and a rising consumer class had investors positive about Ghana’s growth story, holding up the west-African country as one of the frontier markets to invest in. But the recent broad...
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China slowdown clouds sub-Saharan Africa outlook
In a world of shrinking liquidity, sub-Sahara African governments are finding little room to manoeuvre in stimulating their cooling economies as investors and ratings agencies take a much harder line...
View ArticleSouth Africa sees “wrong” kind of deficit reduction
South Africa’s current account deficit narrowed in the fourth quarter of last year to 5.1 per cent of GDP from 6.4 per cent in the third quarter. But the good news was tempered by the fact that the...
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Copper’s decline sends Zambian kwacha into tailspin
The Zambian kwacha has been one of the weakest currencies against the US dollar this year, losing more than 8 per cent of its value against the world’s reserve currency during the past month alone....
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The curious tale of the world-beating Somali shilling
Here’s a pecuniary peculiarity to rival Bitcoin – the world strongest currency over the past 12 months belongs to a small, war-torn African state without foreign currency reserves or any discernible...
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