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Angolan President João Lourenço. EFE-EPAAlexei Druzhinin/Sputnik

Angolans feel let down two years into new presidency

The euphoria that accompanied João Lourenço's new presidency has ebbed away amid the stark realities of a profoundly dysfunctional political economy.
Moody’s, the only rating agency that keeps South Africa above junk, is scheduled to review its credit rating in November 2019. Shutterstock

South Africa is close to ‘junk status’ from all three rating agencies. What could follow?

How South African manages the fallout from its likely downgrade by Moody's in November will determine whether the country will be forced to turn to the IMF for a bailout.

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