Since the COVID-19 pandemic, many economies in Africa and around the world are facing inflation levels not seen since the global financial crisis of 2008.

South Africa (SA) in particular, is experiencing significant volatility, with numerous companies exiting the market, some undergoing business rescue, and others being liquidated.

This information comes from the 2024 Deloitte Stability Index (DSI), which serves as an early warning system that detects signs of financial distress in over 400 listed companies across ten African jurisdictions.

To discuss this further, Ken Afrah, Senior Associate Director for Turnaround and Restructuring at Deloitte Africa joined Peter Ndoro.

Since the COVID-19 pandemic, many economies in Africa and around the world are facing inflation levels not seen since the global financial crisis of 2008.
South Africa (SA) in particular, is experiencing significant volatility, with numerous companies exiting the market, some undergoing business rescue, and others being liquidated.
This information comes from the 2024 Deloitte Stability Index (DSI), which serves as an early warning system that detects signs of financial distress in over 400 listed companies across ten African jurisdictions.
To discuss this further, Ken Afrah, Senior Associate Director for Turnaround and Restructuring at Deloitte Africa joined Peter Ndoro.

Africa Rise & Shine

Economies worldwide face inflation post the COVID-19

Chifipa Mhango, Chief Economist at the Don Consultancy Group and National Director for Economic Affairs for Malawi's Alliance for Democracy, has highlighted the Malawian government's struggle with fiscal consolidation amid a deteriorating economic situation.

Mhango points to the country's import cover, a key indicator of foreign exchange reserves, which has plummeted to just 0.5 months, or 15 days' worth of import cover-one of the lowest levels seen in recent years.

This decline comes as Malawi faces mounting pressure from rising debt levels, inflation, and a weakened local currency, all of which are straining the economy.

For more on this, Peter Ndoro spoke to Chifipa Mhango....

Chifipa Mhango, Chief Economist at the Don Consultancy Group and National Director for Economic Affairs for Malawi's Alliance for Democracy, has highlighted the Malawian government's struggle with fiscal consolidation amid a deteriorating economic situation.
Mhango points to the country's import cover, a key indicator of foreign exchange reserves, which has plummeted to just 0.5 months, or 15 days' worth of import cover-one of the lowest levels seen in recent years.
This decline comes as Malawi faces mounting pressure from rising debt levels, inflation, and a weakened local currency, all of which are straining the economy.
For more on this, Peter Ndoro spoke to Chifipa Mhango....

Malawi struggle with fiscal consolidation amid deteriorating economic situation

The Africa Shared Value and ESG Summit in Nairobi Kenya has heard that gender transformation is an ongoing journey that requires dedication, education, and a willingness to challenge conventions.

This was said during a high-level business roundtable on how Africa can advance women's economic empowerment by identifying gender transformation entry points such as supply chain facilitation, preferential procurement, and financial inclusion.

Channel Africa's Nhlanhla Mahlangu is there and filed this report.

The Africa Shared Value and ESG Summit in Nairobi Kenya has heard that gender transformation is an ongoing journey that requires dedication, education, and a willingness to challenge conventions.
This was said during a high-level business roundtable on how Africa can advance women's economic empowerment by identifying gender transformation entry points such as supply chain facilitation, preferential procurement, and financial inclusion.
Channel Africa's Nhlanhla Mahlangu is there and filed this report.

Gender transformation an ongoing journey that requires dedication, education & willingness: Africa Shared Value and ESG Summit

Here's this week's segment of the Arty Beats...

Here's this week's segment of the Arty Beats...

Economies worldwide face inflation post the COVID-19

In 1 playlist(s)

Africa Rise & Shine

Recent clips