December 06, 2016
MeritKapital Ltd wishes to announce an expansion of its fixed income desk into Sub-Sahara Africa. Specifically, some of the countries covered include Egypt, Ghana, Ivory coast, Kenya, Mozambique, Nigeria, Senegal, South Africa and Zambia amongst others.
Post the US elections, President Elect Donald Trump’s expected focus on tax cuts and higher infrastructure and defence spending has led to an outflow of funds from the fixed income asset class and into that of equities. The planned fiscal stimulus has set expectations of a faster monetary tightening by the US Fed which should strengthen the US dollar and put pressure on emerging markets, most of which…