Electioneering in South Africa heated up this week as parties openly warned of the different scenarios that could emerge after this month’s polls. The scenario that is most worrying remains a left-wing coalition. Indeed, such an outcome would put paid to rumours that the SARB’s inflation target could be lowered. Elsewhere, Angola’s unusual cash-for-collateral agreement with China is another example of the struggles indebted countries face extracting debt relief and highlights that the threat of default in Angola remains alive.
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