Angola’s central bank cut interest rates by more than expected this week to prop up struggling growth, but growing imbalances make the kwanza vulnerable to falls which could bring this monetary easing cycle to an abrupt halt. Elsewhere, South Africa’s Democratic Alliance has been dealing with an intra-party squabble. We suspect this will be the first of quite a few flashpoints in South African politics this year with the national budget, President Ramaphosa’s successor and municipal elections other issues that could put pressure on the GNU’s stability.
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:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services