Skip to main content

SA’s slump, SOE problems, naira still struggling

The activity figures coming out of South Africa continue to make for depressing reading and the economic slump is causing growing problems at SOEs. Eskom remains the main risk for the public finances, which are on an alarming trajectory. Elsewhere, the rise in oil prices has supported Nigeria’s stock market, but not the naira, which still looks overvalued. Policymakers will have to loosen their grip on the currency.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access