Macro Analysis /

Mozambique's fiscal position worsens, Ghanaian Cedi extends losses

  • Forex: Ghanaian Cedi bears remain in control at the start of August

  • Fixed Income: Ghana plans to borrow as much as $1.65bn to develop oil and gas assets

  • Macroeconomic: Mozambique’s fiscal position continues to deteriorate despite a rebound in revenue intake

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
4 August 2021
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