Tag: rui oliveira
Joining CNBC Africa to unpack the latest markets news from Angola and Mozambique is Rui Oliveir the CEO at BFA Asset Management; he will also unpack the latest first of its kind webinar that will look at sustainable growth, development and investment in Angola.
Angola’s Central Bank will be announcing their MPC decision this afternoon with analysts suggesting that a rate cut is unlikely, as they haven’t done so this year despite the economy facing many challenges in the wake of COVID-19 and a steep decline in oil prices. Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa for more.
Chinese debt relief given to emerging markets that are facing the pressure from the Covid-19 pandemic may pose some threats to countries that already have vast amounts of debt owing to facilities. Joining CNBC Africa to unpack debt relief implications for Angola and Mozambique and as well as the Angolan annual budget outlook is Rui Oliveira, CEO at BFA Asset Management.
Angola lifted its Covid-19 state of emergency last week and has reopened businesses at 50 per cent capacity, as the economy faces the economic fallout from the global pandemic. The Angolan government has injected around 200 billion kwanzas into the economy, mostly through quantitative easing and Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa for more.
Angola is on the edge of tightening its Covid-19 lock-down restrictions as the number of confirmed cases rise to 35.
Oil prices rose in trade this morning as the world’s largest oil producers meet later today in what is expected to be a historic agreement to cut production. This market expectation comes at a time when the industry is battling with the impact of the coronavirus crisis on oil demand. Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa to give an Angolan update of the COVID-19 outbreak.
Rui Oliveira, CEO of BFA Asset Management spoke with CNBC Africa on Angola’s response to the COVID-19 outbreak and the possible economic impact that it will have on the country.
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