Trouble was brewing long before the decision to seek IMF assistance last August, writes Said DeSaque, CEO and Principal, DeSaque Macro Research.
After five years of political instability, Madagascar’s economy, although very fragile, is starting to get investors’ attention, writes Anna Lyudvig.
Nigeria and Kenya frequently feature as the top investment destinations in Africa, with Nigeria being the clear front runner. Investors, however, are starting to view East Africa as a combined investment region that could rival the West African giant, using Kenya as a sturdy stepping stone to the wider East African region.
The listed property sector continues to show significant outperformance, despite property funds operating in a challenging environment. However, this degree of relative outperformance is not sustainable.
South Africa is in the unfortunate position of being very dependent on the actions of the US Fed and the Chinese authorities, meaning that the SA Reserve Bank cannot focus purely on domestic factors when setting interest rates, according to Izak Odendaal, Investment Analyst at Old Mutual Wealth.
