Features | - Part 219

Steady rates, rand to buoy South African bonds despite “junk” threat

JOHANNESBURG (Capital Markets in Africa) – Yield-hungry investors look set to boost demand for South African bonds despite the threat of rating downgrades to “junk”, as the cycle of interest rate hikes ends, the rand recovers and inflation calms down, analysts say. The Treasury is battling to avoid downgrades from Moody’s, Fitch and S&P this year, with the agencies keen to see Pretoria’s commitment to fiscal prudence. But Lesiba Mothata, chief economist at Investment Solutions, which…

Nigerian lawmakers say 2017 draft budget has unrealistic assumptions

Posted on by The Editorial Team

ABUJA (Capital Markets in Africa) – A draft budget framework for 2017 submitted to parliament by Nigerian President Muhammadu Buhari is based on unrealistic assumptions about oil production and the currency exchange rate, lawmakers said on Wednesday. Nigeria slid into recession in the second quarter for the first time in 25 years , largely because oil price fell. Crude oil sales account for 70 percent of government revenue. The budget plans, which include spending a record…

OPINION: What Trump’s Presidency mean for Africa’s Economy?

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – The ‘’Trump victory” in the United States drew very similar surprises and developed market angst compared with the “Brexit leave” vote in June this year. The prospect of restrictive migration policies, more trade barriers, and protectionist policies which according to their advocates will stimulate job creation and address income equality at home should be considered as a plausible response in shaping the Sub-Saharan African economic landscape in the future….

How Trump’s victory creates mixed fortunes for Africa’s economies

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Donald Trump’s recent victory as US’ 45th president leading to concerns around US political risk and its implications for the world economy as well as protests and demonstrations across the United States however his unconventional rhetoric during his campaign trail caused concern to global currencies and capital markets and is likely to create mixed fortunes for African economies says an Economic Report by Ecobank . In the short term…

A strong Case for Real Estate Investment in Africa

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Africa is experiencing the world’s fastest rate of urbanisation, with rapid growth in middle class populations in sub-Saharan cities driving demand for quality products and a modern shopping experience. While uncertainty and volatility have clouded the near term investment outlook for Africa, astute real estate investors with a longer term perspective recognise the continent’s potential based on positive demographics, urbanisation and growing personal incomes. The continent’s challenges have tended…

Cities Face Tough Competition For Business Investment if they are not National Capitals

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – Every city official knows that if you’re not running a global capital city, you’re going to have to work twice as hard to attract business investment. Being a second or third city might seem to be a handicap but it forces you to innovate, which can only be a good thing. Innovation doesn’t have to be difficult, though. Most city officials are looking for an epiphany that will bring…

RICS: Increasing Confidence in South Africa Property Markets

Posted on by The Editorial Team

LAGOS (Capital Markets in Africa) – In the extensive travel that I do in my role I get to talk to professionals and market leaders right across the UK, Europe, Middle East and Africa. I also get to talk to governments and policy makers. What is very clear to me is that for all these parties the Royal Institution of Chartered Surveyors (RICS) name promises the consistent delivery of standards – bringing confidence to the…

« 1 … 217 218 219 220 221 … 259 »