OPINION/EDITORIAL

WAEMU Currency Reforms Unlikely to Affect Sovereign Ratings

January 10, 2020/Fitch Ratings The currency reforms in the West African Economic and Monetary Union (WAEMU) announced by Cote d’Ivoire’s President, Alassane Ouattara, on 21 December 2019 are mainly symbolic, as the peg to the euro will be maintained and the currency will continue to benefit from a convertibility guarantee, […]

Kenya: Changes in Merger Control

January 10, 2020 By Lerisha Naidur and  Sphesihle Nxumalo In November 2019, Kenya introduced The Competition Rules, 2019 (Rules) to govern the Competition Authority of Kenya’s (CAK) functions under the Competition Act No 12 of 2010. Some of the key changes in relation to merger control are set out below. […]

SSA Output Growth in 2020: Overall momentum to remain soft

January 10, 2020/United Capital Report Recently, the World Bank published a forecast for Sub-Saharan Africa (SSA) economic growth to rise from 2.4% in 2019 to 2.9% in 2020. This was predicated on improving investor confidence in some large economies, a strengthening cyclical recovery among industrial commodity exporters along with a […]