In the media | 06 Jul 2023
Business Day TV: Assessing Tinubu’s first month in office
Pieter Scribante, Political Economist at Oxford Economics Africa, discusses the outlook for Nigerian President Bola Tinubu’s first year in office.
Watch the full interview below:
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Business Day TV: Kenya’s price pressures
Kenya has been battling elevated prices despite inflation easing from 7.3% to 6.7% in August. Over the last 12 months, petrol prices jumped by 22% while electricity prices grew by 50%. Business Day TV reflected on Kenya's price pressures in greater detail with Shani Smit-Lengton, Economist at Oxford Economics Africa.
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Is Africa’s fiscal effort sufficient to restore debt sustainability?
More than half of the African countries that we cover grapple with various degrees of debt distress, face unsustainable debt burdens, or actively seek to reprofile or restructure their public balance sheets. The threat of surging amortisations and debt interest costs sent countries including Egypt, Ethiopia, Ghana, and Kenya to the IMF, albeit with mixed success. However, the political repercussions of creditor-required fiscal consolidation cannot be readily dismissed, as illustrated by Kenya in H1 2023.
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Morocco: The economic impact of the Al-Haouz earthquake
The human cost of the earthquake that struck Morocco on September 8 has been terrible, but lower than it could have been. The same is true of the economic cost. We have taken a closer look at the economies of the affected regions, and at government's emergency response plan, to evaluate the economic impact.
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