Rand Merchant Bank (RMB): African Risk is not Fairly Priced – Governments Should Take Advantage
Yield-chasing investors have poured money into the continent but an emerging, recent challenge for Africa is that in a now higher interest rate environment, investors don’t need to come to Africa to find higher returns. Even US treasuries are now yielding far more attractive yields than just a month ago: 3-month government bonds offer 5.32% […]
Continue Reading