August 09
Mozambique: Chang Is Finally Convicted in Mozambique Hidden Debt Scandal
A New York court found former Mozambican finance minister Manuel Chang guilty of fraud and money laundering in the $2-billion scandal. Read more »
May 29
South Africa: South Africa Must Mitigate Both High Debt and Low Growth Risks
South Africa has both a rapidly rising sovereign debt and near-zero GDP growth compounded by the limited fiscal space to deal with both. Read more »
November 01, 2023
South Africa: Muted Responses to Reality-Check MTBPS As Debt Debacle Impacts Economic Growth
Debt and rising debt repayment costs, now the biggest government expenditure, was the thread in Wednesday's Medium-Term Budget Policy Statement. It means everything from no… Read more »
October 01, 2023
South Africa: Debt Blowout Fears - Treasury Urged to Increase Borrowings As Last Resort
The finance department has been backed into a corner by the ANC, raising fears of the state ratcheting up debt. Read more »
April 05, 2023
Zimbabwe: 'Pathway to Hope' - It's Time to Give Zimbabwe Back to the People
Zanu-PF today is a ruling party steeped in patronage politics and captured by rogue capitalists and criminals of all stripes who are making millions out of a crooked system while… Read more »
October 26, 2022
South Africa: Mini Budget - Some SOE Bailouts, R350 Grant Extension As Numbers Signal Improved Debt and Better 2023 Outlook
Transnet gets its bailout, as does Denel and Sanral. And the social relief of distress grant is extended to April 2024. Under the motto of restoring public financial health, much… Read more »
South Africa: Mini Budget - the Government Plans to Take Over a Portion of Eskom's Debt to Ease the Burden
Eskom's debt stood at R356.8-billion in 2021, according to the power utility's last published annual financial statements. The government plans to take over a portion of Eskom's… Read more »