Weak caution lies ahead

Michael Dynes

It will be months before the dust settles from Nigerian Central Bank Governor Lamido Sanusi's full-frontal assault on the reckless lending practices of the domestic banking sector

But settle it will, and when it does, a second round of banking consolidation is likely to see the number of banks drop precipitously from 24 to around 14.

Sanusi's four month-long audit int...

Central bank spin

Fifteen months away from making its debut as Africa's newest oil producer, the West Africa state of ...

IMF and World Bank ready to extend debt relief to Congo

After years of seemingly deadlocked negotiations, the IMF and World Bank are now ready to come to th...

South Africa revives mining nationalisation debate

There's no smoke without fire. That's the view of skeptical analysts, domestic and foreign, after th...

Nigeria embarks on new round of banking reforms

Lamido Sanusi, the newly appointed governor of the Central Bank of Nigeria is set to up the pace of ...

Ghana's new oil wealth - curse or cure?

Ghana, like most African countries, is grappling with an uncertain short-term outlook as a result of...

South Africa perfects pocket reactor

A scaled down reactor developed in South Africa could open the door for a new export market for safe...

Africa's emerging middle class

Anticipating market changes is a route to riches for businesses astute or lucky enough to be ahead o...

Brazil eyes Africa

Power and wealth generally accrue to those capable of spotting an opportunity that others have disco...

Worry for the rand

There seems to be little prospect of any let up in the tribulations faced by the South African rand....

China in Africa

It has been called a second colonisation of Africa. In less than a decade a bewildering assortment o...

Africa's bright future

Although Africa is experiencing the global economic downturn from a worse starting point than the de...

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