Country preparing ground for ‘inevitable’ post-election aid, as economy under intense pressure.
Though the currency is strengthening, the economic fundamentals of electricity shortages and drought still pose notable threats
The central bank increased its key lending rate to a record 15.5% in November to try contain prices
In less than 4 years, mining laws have changed at least 3 times in the southern African country—offering no certainty to investors
The government probably doesn’t have the resolve to cut expenditure in an election year.
Outlook for African currencies: Naira, Rand and Kwacha to weaken further, East African notes to hold steady
For Ghana, the cedi’s “artificial strength” should disappear in early 2016, the analysts predict. And Zambia should "urgently" go to the IMF