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THE FINANCE GHOST: Pantone 219 C: the new colour of moneyThe most famous shade of pink in the world — Barbie’s — is about to do a huge amount for its owner, toy group Mattel. Long may the run last, writes FinanceGhost.
Source: FinancialMail - 🏆 20. / 63 Read more »
Eswatini's Economic Conditions WorsenAs the government concludes a five-year term marked by the Covid-19 pandemic and civil unrest in June 2021 (Amnesty international, 2023), economic warning signs are flashing red, reports Sipho Kunene for Afrobarometer. With national parliamentary elections (which will usher in the next government) set for 29 September, the latest Afrobarometer survey in Eswatini suggests that the new government will need to act urgently to improve the quality of life of Emaswati. Most economic indicators have taken a nosedive since 2018. Large majorities of citizens say the country is headed in the wrong direction and describe both the national economy and their personal living conditions as bad. Increasing numbers went without basic life necessities during the previous year, and few citizens are optimistic that things will get better anytime soon. Overwhelming majorities give the government poor marks for its performance on economic issues. On the bright side, a majority of citizens who accessed key public services last year say they encountered few difficulties, although a substantial number say they had to pay bribes.
Source: allafrica - 🏆 1. / 99 Read more »
Zambia's economic growth to slow in 2023 but debt restructure on track, budget plan showsThe Zambian economy is expected to grow by just 2.7% in 2023 from 4.7% in 2022, as contractions in mining and energy drag on growth, a budget plan released by the ministry of finance showed on Sunday.
Source: ReutersAfrica - 🏆 31. / 53 Read more »
Ghana invites domestic dollar bondholders to debt restructuringGhana's finance ministry has invited eligible holders to exchange $809.9 million in domestic U.S. dollar bonds for a package of new bonds with lower rates and longer maturities, it said on Friday, part of efforts to restructure debt to meet International Monetary Fund loan requirements.
Source: ReutersAfrica - 🏆 31. / 53 Read more »