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Moody’s watching closely to see how new South Africa leadership will right the ship

Credit rating agency Moody’s is paying close attention to the new South African leadership’s response to the country’s economic woes, after Jacob Zuma’s resignation as president on Wednesday. 

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Monthly inflation recorded at 0.67% in January

The city of Maputo recorded a general price increase of around 0.67 percent in January this year. The general rise in prices was significantly influenced by food and non-alcoholic drinks and education, two sectors which contributed to the total monthly inflation with around 0.35 and 0.20 percentage points (pp) respectively. 

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Kenya, East Africa’s largest economy lessons on reforms abound

The ability of East Africa’s largest economy and business hub to enact reforms and free up large parts of its economy to be largely determined by market forces as opposed to government dictates has led to the economy outperforming West Africa’s economic giant Nigeria, over the past 3 years.

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