31
MAR
2015

TANZANIA NEWS UPDATE – 31 MARCH 2015

There is still no clarity on whether the referendum on the proposed constitution will go ahead on 30 April, as planned. Although it is looking less likely the closer we draw. CCM have not yet given any indication that they will take the decision to postpone. Meanwhile, the...
30
MAR
2015

New Southern Africa Client Manager Joins AML Team

Africa Matters Limited (“AML”) is delighted to announce that Dr. Desné Masie will be joining our team. Dr. Masie will take over our coverage of Southern Africa. She is the former corporate relationship manager of the Royal African society in London; was a senior editor for the...
26
MAR
2015

A Snapshot of AML’s Visit to Ghana – 26 March 2015

Africa Matters Limited (“AML”) identified two major issues during our recent visit to Accra: macroeconomic stability, and the resolution of short term electricity supply. The worsened load shedding, which we witnessed throughout our stay and which has plunged parts of the...
24
MAR
2015

KENYA NEWS UPDATE – 24 MARCH 2015

Kenya should have a new Central Bank Governor in place by the end of May, replacing Njuguna Ndung’u who stepped down this month after eight years in office. It is most likely the position will go to Haron Sirima, the Deputy Governor who is currently Acting Governor. Sirima...
17
MAR
2015

TANZANIA NEWS UPDATE – 17 MARCH 2015

Tanzania’s preparations for an important referendum have been hit by difficulties that could undermine the credibility of the general election later this year. Last week, Government suspended the issuance of national identity cards following a shortage of funds and human capital....
11
MAR
2015

GHANA NEWS UPDATE – 11 MARCH 2015

A US$940 million three year staff-level agreement between the Government of Ghana (“GoG”) and the International Monetary Fund (“IMF”) has been reached. This corroborates our previous forecast    that the GoG was likely to secure a deal by the end of Q1 this year.  The deal should...
10
MAR
2015

KENYA NEWS UPDATE – 10 MARCH 2015

Kenya’s economy got off to a strong start in 2015, a new World Bank report comments. The Bank expects the economy to grow 6 percent this year, up from an earlier projection of 4.7 percent. Kenya, they predict, will beat its peers in the region, with further expansion expected...
05
MAR
2015

NIGERIA NEWS UPDATE – 5 MARCH 2015

The President, Goodluck Jonathan, has recently declared that the Nigerian military is “winning the fight against the Boko Haram.” He made this pronouncement during his visits to Mubi and Baga, towns recently recaptured from Boko Haram by the Nigeria military. The President has...
03
MAR
2015

TANZANIA NEWS UPDATE – 3 MARCH 2015

The government is finalising legal procedures before floating the long awaited Eurobond between April and May this year, says Finance Minister Saada Salum. The Eurobond process in Tanzania was originally launched in 2008, but was postponed due to the global financial crisis and...