March 26, 2020/InvestmentOne Report Fiscal Update: Budget? What Budget?   Since the combination of the coronavirus pandemic and the oil price war that has depressed Brent crude price from as high as US$68 earlier in the year to lows of US$21, the FG has been scrambling to take palliative fiscal […]

The immediate effect of Covid-19 for the sector has been on the demand for crude oil, and on its prices March 26, 2020/AEC African governments set to see decline in revenues; Exploration projects put on hold; Thousands of local jobs at risk if nothing is done. While the short-term effects […]

March 25, 2020/Fitch Ratings Almost 40% of APAC corporates operate in sectors that have ‘Moderate’-to-‘High’ levels of exposure to the effects of the coronavirus outbreak, and have ‘Low’ or only ‘Moderate’ rating headroom at their current ratings, based on a review of Fitch Rating’s 316 publicly rated corporates in the […]