current issue: May - June 09




We need our own stimulus package

As global recession reaches Africa, Zemedeneh Negatu, managing partner of Ernst & Young’s Ethiopia office, has a plan

In search of the light at the end of the tunnel

The world may be shrouded in a dark global investment outlook, but take the long view and there are a few bright lights in Africa’s four regional economic powers. Kholofelo Masenya picks up the torch

When debt pays

African bond markets are still in their infancy. But as the global crisis forces governments to steer clear of international issues, Gunther Deutsch finds domestic bond issues are on the rise

Cash in hand

It’s not just the West - in Africa too, bankers’ pay packets rocketed during the boom. As recession bites, Sarah Rundell goes in search of just how much Africa’s bankers can earn and what the crunch means