COVAX concerns, momentum at Eskom, Zambian mines
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COVAX concerns, momentum at Eskom, Zambian mines

18 December 2020
Virag Forizs Emerging Markets Economist
18 December 2020
Reports this week pointing to the multilateral COVAX facility’s high risk of failure underline that the roll-out of vaccines for many African countries is likely to be slow, delaying the ensuing economic benefits. In South Africa, policymakers are coalescing around a plan to help reduce the debts of state electricity firm Eskom, but it will not single-handedly solve the company’s problems. It will continue to burden the government and the economy. Elsewhere, the push by Zambia to take a bigger role in the mining sector promises to reignite concerns among investors and the IMF.
Africa
Virag Forizs Emerging Markets Economist
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Virag Forizs Emerging Markets Economist

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