EXXAfrica unpacks the data and trends behind the main insurance policies available to commercial entities in South Africa, debunking popular opinions around strikes and terrorism in particular.
The government seeks more revenue from the mining sector to provide a quick fix to a distressed economy caused by shrinking development assistance and depreciation of the local currency due to dwindling foreign reserves. Investors face heightened risk of arbitrary changes to the tax regime, contract renegotiation, and demands for repatriation of earnings.
A shock to global oil prices leaves many African markets unprepared for more expensive import bills, while some crude producers may struggle to reap the benefits of higher oil export revenues. EXX Africa assesses the risk outlook for Africa’s largest oil producers and the continent’s main fuel importers.
The government will capitalise on Robert Mugabe’s legacy to consolidate its authority and establish further control over patronage networks in the banking and agricultural sectors. However, it is failing to make headway on an economic recovery, taming inflation, and restoring power supply. The opposition is set to resume protests and strikes in coming weeks, raising the risk of a complete economic shut-down. Foreign partners, even benevolent ones, will struggle to push through any form of debt relief and a mooted bailout as the crisis deepens.
The suspension of work on the Uganda to Tanzania crude pipeline is a major setback for the development of the Lake Albert oil sector and is likely to push back the deadline for commercial production even further. EXX Africa assesses the wider risk outlook for the Ugandan oil sector and the factors that could cause further delay to project completion.
The latest outbreak of anti-immigrant violence in South Africa has been unusual only because of its timing coinciding with a major investment conference and the potential political motivations behind the attacks on foreigners. EXX Africa investigates the political and economic drivers of such violence, as well as the commercial impact of retaliatory action against South African interests elsewhere in Africa.
Tanzania’s current administration has embarked on a number of reforms to harness the potential of artisanal and small-scale mining and address its associated environmental and social concerns. EXX Africa examines these changes and assesses whether enough has been done within the mining sector as a whole.
State-owned enterprises in Africa have a notorious reputation for being mismanaged and for repeatedly requiring financial bailouts. EXX Africa unpacks this notion by looking at some of the best and worst-performing entities across the continent. Our analysis spans from examples in Morocco, Ghana, and Ethiopia to Zambia and South Africa.
President Adama Barrow is promoting symbolic measures such as a new look for its local currency note to purchase political capital ahead of 2021 elections as his own coalition unravels over second term ambitions. Progress on political and security sector reform has been slow and the truth commission’s performance has been heavily criticised. Yet eventual oil production would offer an economic boon and improve the country’s ability to service its debts.
Mainstream parties will have a competitive advantage at presidential elections in five weeks, although the real political battle will focus on the parliamentary vote in October. Whoever wins the elections, the current IMF programme is likely to remain in place. Benefits from the loan programme are starting to show as inflation slows in recent months and the government issues new bonds to finance its budget deficit.
- BENIN: TRADE DISPUTE AND POLITICAL TENSIONS DESTABILISE COUNTRY’S EXEMPLARY MODEL
- MOZAMBIQUE: ELECTION MANIPULATION IS UNLIKELY TO TRIGGER RETURN TO CIVIL WAR
- NIGERIA: TRADE RESTRICTIONS DRIVE UP NIGERIAN INFLATION AND BOOST FUEL SMUGGLING
- KENYA: PRESIDENT STEPS UP PRESSURE TO LIFT THE LENDING RATE CAP TO APPEASE THE IMF
- BOTSWANA: POLITICAL TRANSITION WILL DRIVE MUCH-NEEDED ECONOMIC REFORMS