Refine by sector
Latest articles in Zimbabwe

Zambian Kwacha underperforming its regional peers in October

Investors will have a number of key data releases to watch this week, with the focus primarily on South African markets. However, recent vehicle sales figures were weak and feed into the view that supply chains are under pressure. More broadly, inves...
ETM Analytics Daron
Daron Hendricks @ ETM Analytics 12 October 2021

All eyes on US jobs report, AfCFTA gets $7bn in support from AfDB

The USD has continued to trade in a non-comital manner ahead of non-farm release payrolls data this afternoon. A net increase of 500k has already been priced in, as has an unemployment rate of 5.1% and wage increases of 4.6% y/y. The government’s tre...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 8 October 2021

Angola looking to tap Eurobond market, WB provides upbeat SSA outlook

The USD finds itself in limbo territory after the stronger than anticipated ADP data yesterday and ahead of the payrolls numbers tomorrow. Growth will continue to accelerate through 2023, with the World Bank forecasting GDP expansion at 3.8% for then...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 7 October 2021

OPEC supply policy meeting in focus, political woes weigh on Ethiopian Eurobonds

Some good news has arrived in the form of Merck announcing that it will seek approval for an antiviral pill to fight Covid as soon as possible. Technically, the USD is due a mini correction weaker, but with payrolls looming later this week, some caut...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 4 October 2021

Zambian Eurobonds sell off amid reports of undisclosed debts owed to China

The USD for now remains on the front foot, but the modest overnight retreat in the US 10yr has taken some of the momentum out of the market. Total CEO Patrick Pouyanne has also said that If the Mozambique project doesn’t restart by 2022, that it will...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 29 September 2021

Soaring oil prices underpinning inflation risks in Africa, Ethiopia downgraded

The USD remains largely consolidative, with the modest gains achieved on Friday last week not resulting in any build-up of directional momentum. This suggests improving demand to import copper into China and copper producers around the world will be ...
ETM Analytics Kieran
Kieran Siney @ ETM Analytics 27 September 2021