Debt-Distressed African Countries Again Look to International Monetary Fund

November 12, 2018 By Akani Chauke By the International Monetary Fund (IMF’s) own admission, there are circumstances where African governments’ debt levels are so high they become unsustainable, such that the scheduled debt service exceeds the capacity of the member to service it. This rings true for a number of countries […]

Overview of Markets in October 2018 and Outlook

November 6, 2018/Cordros Report October in retrospect    Sentiments were broadly negative across most global markets within our coverage, with all the major benchmark indices posting losses.  Mixed trading was the theme for domestic equities in October, as earnings releases played a key role in swinging investor sentiments.  The overnight lending […]

Outlook for Africa’s oil & gas industry improves – PwC report

November 6, 2018/PwC The outlook for Africa’s oil & gas industry is positive amid difficult operating and economic headwinds. Tough economic and external conditions have placed pressure on oil & gas companies to be more cost-effective and efficient. Companies have adopted to a low-cost environment, which promises to be even […]