The South African government’s US$100bn infrastructure investment programme is seen as crucial to help the economy pull out of its first recession in nearly two decades. But who will finance it? Shannon Manders reports.
August-September 2009
President Kurmanbek Bakiyev, once the hero of the 2005 ‘Tulip Revolution’ in Kyrgyzstan, won a second term in the disputed presidential election of the central Asian country in July.
Having been subsidised for over a decade by Russia, Ukraine’s economy is now being bolstered by the EU and IMF.
The battering taken by the Nigerian Stock Exchange (NSE) has provided a pause for thought among Nigeria’s asset management community, but optimism prevails for the industry’s long-term future, writes Kevin Godier.
Amid a severe economic downturn, Turkish banks are posting excellent results. Eva-Luise Schwarz asks how they’re managing it.
The good times seem to be here again, with many investment banks reporting record profits. But it is far from business as usual, with the competitive landscape rapidly changing, and the emerging market fee pot shrinking, reports Julian Evans.