Ghana’s economic woes, perpetual power cuts in SA

Despite the release of better-than-expected Q2 GDP growth figures in Ghana, the economic outlook remains gloomy as policy tightening to address the country’s debt woes will increasingly bite. And in South Africa, the latest bout of severe power cuts adds to the reasons to expect the economic recovery to remain bumpy, particularly as recently announced measures to improve electricity availability are unlikely to have an effect any time soon.