Africa in Focus: Steinhoff's Spectacular Slump

The video discusses the financial scandal of South African company Steinhoff, which led to a significant drop in its share value and ongoing restructuring efforts. The scandal has impacted corporate transparency in South Africa. The video also examines the country's credit market, highlighting concerns over Eskom's financial stability and potential credit rating downgrades. Additionally, it explores the rapid growth of mobile money accounts in Africa, driven by geographical challenges and the convenience of mobile banking.

What factors are influencing investor perceptions of South African bonds?

In what ways are mobile phones changing banking practices in Africa?