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Nigeria’s accumulated government debt is just 18.6 per cent of its annual economic output, one of the lowest levels in the world, implying that its debt burden is more than manageable. But is this a fair reflection of reality?
Using …
Continue readingKenya is feeling the strain of funding possibly the second most expensive election in the world in the face of falling revenues, public sector wage pressures and emergency spending following a prolonged drought.
So demanding are the competing needs that
Nigeria must not borrow more to fund its budget and should instead raise money it needs by other means, the country’s finance minister said on Tuesday, calling into question planned foreign loans of $2 billion from lenders like the World …
Continue readingWhat does ‘radical economic transformation’ (RET) mean? It depends on whom you ask. The Free Market Foundation (FMF), an Atlas Network partner based in Johannesburg, is attempting to reclaim the term and make it a reality for South Africa.
Through …
Continue readingKenya experienced a remarkable, if seemingly coincidental, series of events this weekend. Nine people were beheaded by suspected al-Shabaab militants. The Secretary of Internal Security died suddenly. President Uhuru Kenyatta appeared to accuse the judiciary of meddling in the elections. …
Continue readingKenya’s 2017 elections are set to be the country’s most interesting yet. The political landscape has shifted, and whatever else these elections turn out to be – violent, peaceful, confusing − they are going to a different kettle of fish …
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Agriculture has remained a central driver of Ghana’s economy despite the structural modifications that have occurred over the years. For a sector that employs 35.95% of the active labour force as revealed in a recent report[1] by the Ghana …
Continue readingSouth Africa’s ruling African National Congress has re-triggered market concern about the independence of the Reserve Bank after reports it had agreed at its policy conference on Wednesday that the central bank should be nationalised.
Two party sources said a …
Continue readingThe South African insurance industry is an Oligopoly. That is, a market structure similar to a monopoly, but in which a small number of companies has the majority of market share.
This is not the creation of faceless “white …
Continue readingA generation after the end of apartheid, SA remains a country characterised by mass social and economic exclusion, a country in which only a minority of people can be said to be effectively included.
Half the population lives below the …
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