Today on-the-ground

Industry Outlook

Efforts by wireless carriers such as MTN to cut prices are limited by the fact that state-owned Telkom controls the
Photo: Siphiwe Sibeko/Reuters
After years of limited competitiveness in South Africa’s telecoms market, larger players are starting to bring prices down, with MTN announcing April 14 that it would reduce call costs. 

Investor Outlook

Though Angola has made some progress on oil revenue management transparency, critics says corruption remains rampant in the hydrocarbon sector.
Photo: Siphiwe Sibeko/Reuters
French oil company Total said April 14 it will go ahead with the development of the Kaombo oil project in Angola. Scheduled for start-up in 2017, the field is projected to produce 230,000 barrels of oil per day. 

Risk Outlook

Businesses of all kinds want to see greater economic cooperation among gulf countries.
Photo: Hassan Ammar/AP
Gulf foreign ministers said on April 17 that a public dispute among them had ended.

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