South Africa
South Africa’s plan to let firms buy BEE status through a 3% levy exposes a deeper dilemma—compliance or creation. As growth slows to 0.9% and JSE yields stagnate, investors weigh whether empowerment will build real enterprise or just another fiscal indulgence.
Ghana
Ghana raises the cocoa farmgate price to GH¢3,625 per bag (≈ USD 3,800 / tonne), boosting farmer income but straining COCOBOD’s GH¢20 bn debt and IMF fiscal targets. With Eurobond yields near 12.6 %, markets question whether policy generosity can stay solvent.
Emerging Markets
Japan’s new export curbs on Chinese tech firms may seem distant, but their impact could reach African factories, solar parks, and ports. As supply costs rise and inputs tighten, Africa’s manufacturing dreams face a global test of resilience, strategy, and independence.
Frontier Markets
NIC revenue up 11% to TSh 130.3 bn, assets +12.7% to TSh 422.6 bn, equity +15.9% to TSh 287.9 bn, but net profit slipped to TSh 23.6 bn. Compared with BRIT, JUB, OMU, SLM, global investors ask if Tanzania’s insurance growth is truly sustainable.
Markets
International tribunal halts Niger uranium sale, freezing 1,000t worth USD 270m. Orano (EPA:ORA) claims rights, uranium spot hovers USD 92/lb (CME:UX). Niger 2031 Eurobond yields 11.8%, while CCJ, KAP, PDN, URA traders eye tighter supply and higher risk premiums.