Leadership
change ignites Indonesia’s fuel crisis
As incoming
Indonesian president Joko “Jokowi” Widodo prepares to take the reins on
October 20, speculation is growing that the way in which he tackles
cutting the huge fuel subsidies may come to define his presidency.
Ghana banks eye
acquisitions, foreign credit to expand
In spite of a
softer macroeconomic environment, Ghana’s banking sector is in good
health, thanks to an increase in assets and strong capital ratios, which
in turn is encouraging an expansion by banks into new segments of the
financial services market.
Signs of life in
Turkish construction sector
Improved
political stability helped lift August property sales in Turkey, while
the government is looking to infrastructure investments to stave off a
downturn in the overheated construction sector. A glut of empty
residential properties and high interest rates had curbed growth in
property sales in recent times.
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