veri blog

After a nearly three-year hiatus from global capital markets, Ghana is preparing a potential return to the Eurobond market—a move seen as both a test of investor confidence and a marker of the country’s progress since its sovereign debt restructuring. With inflation now under 8%, a broadly stable cedi, and evidence of fiscal tightening, the Ministry of Finance has signaled readiness to re-engage external markets under more disciplined terms. The proposed issuance would be Gha

Uganda is on the cusp of a major economic turning point. After years of courting short-term speculative capital – the so-called “hot money” flowing into high-yield local debt – the East African nation expects to begin producing oil in 2026, unlocking long-term foreign direct investment (FDI) and export revenues. Officials and analysts say this oil boom could strengthen Uganda’s balance of payments and reduce reliance on fickle capital flows, but they caution that the transiti

Uganda has suddenly become the place where yield-hungry investors go to “squeeze the last drop” out of frontier markets. Offshore holdings of Uganda’s shilling government bonds have surged to around $2.7 billion , about 12% of total domestic government debt – a record high, driven largely by global funds rotating back into high-yield local currency paper. At the same time, the government has pushed out the curve with a 25-year bond , which in its latest auction cleared at a

When global investors start talking about “squeezing the last drop out of the lemon,” they’re talking about places like Uganda. In late November, Uganda’s shilling government bond market has quietly become one of the hottest frontier trades in the world. More than $2 billion of Uganda’s domestic government bonds are now held offshore – a record – with S&P Global estimating non-resident holdings at roughly $2.7 billion, about 12% of total domestic government debt . For a coun

For the first time since it tumbled into default in 2020, Zambia is beginning a new month with something it has not seen in years: two major rating agencies moving in the right direction at the same time. On 21 November 2025 , S&P Global Ratings lifted Zambia’s foreign-currency sovereign rating from selective default (SD) to CCC+/C with a stable outlook , explicitly acknowledging that the country had “exited default status” after making substantial progress in restructuring i

Malawi Stock Exchange’s 2025 Rally: Performance, Drivers, and Investor Outlook Meta Title:  Malawi Stock Exchange’s Record Rally in 2025 – Analysis and Investor Insights Meta Description:  The Malawi Stock Exchange (MSE) has delivered unprecedented returns in 2025, far outpacing peers. Explore the market’s history, recent reforms, sector winners, macro drivers, regional context, and what this means for local and foreign investors. Learn how the Veri Platform enables seamless

ISIN: ZM0000000037 A Quiet Giant: The Origins and Heritage of ZCCM ZCCM Investments Holdings PLC (ZCCM-IH) is one of Zambia’s most significant and historically influential companies — a remnant and evolution of the nation’s mining legacy. Its roots trace back to the Zambia Consolidated Copper Mines (ZCCM) , which emerged after the nationalization of the mining sector in the early 1970s, when Zambia took ownership of the assets previously operated by private mining companies.