Latest articles from Peter Wise

BCI teaser

Mozambique's banks swim against the tide

October 1, 2018

Banks in Mozambique are finding ways to thrive amid a period of low economic growth. Peter Wise looks at how they are remaining profitable in such an environment.

Mozambique fossil fuels teaser

Mozambique’s economy awaits a gas-powered revival

October 1, 2018

While waiting for its liquid natural gas projects to start paying off, Mozambique continues to fight a budget deficit and political instability. Peter Wise reports.

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Angola banks maintain profitability amid hopes of speedier reforms

September 3, 2018

Angola knows it must diversify away from oil and is lucky to have alternative possibilities waiting in the wings. But it is slow going, say the country's banks.

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Angola finance minister forecasts imminent return to growth

September 3, 2018

Angola’s finance minister talks to Peter Wise about diversifying the economy away from oil, tackling a shortage of foreign exchange and lifting economic growth.

Luanda teaser

Can Angola’s new business-friendly government kick-start the economy?

September 3, 2018

Change is coming to Angola’s formerly state-focused economy, including anti-corruption and pro-business measures.

Banco Santander Totta teaser

Portugal’s banks prepare for next wave of challenges

May 1, 2018

Having emerged from bailout and recession, Portugal's banks are gearing up to contend with digitalisation, further regulation and tougher competition in a still-crowded market. Most of them are relying on decent levels of growth, capitalisation and provision for bad loans to see them through, as Peter Wise reports. 

Carlos da Silva Costa teaser

Portugal CBG looks to tackle NPL and fintech conundrums

May 1, 2018

Carlos da Silva Costa, Portugal’s central bank governor, talks to Peter Wise about the country’s priorities, which include further reduction of bad loans and improving profitability, while tackling forthcoming challenges such as an ageing population.

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Portugal's coalition shows alternative to austerity

May 1, 2018

Portugal’s left-wing government has not only surprised observers with its stability and popularity, the coalition some called a geringonça, or contraption, has overseen the country’s move from bailout recipient to credit rating star. But, as Peter Wise reports, there is still work to be done.

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Finance minister sees Portugal's efforts rewarded

May 1, 2018

Portugal's finance minister, Mário Centeno, believes his election as president of the EU’s Eurogroup reflects the country’s efforts to achieve economic recovery, and proves anti-austerity policies can be compatible with EU fiscal rules. Peter Wise reports.

BCI teaser

Shaken but not stirred: Mozambique's banks look forward with optimism

June 1, 2017

The 'tuna bond' scandal, donor suspensions, a sharp rise in inflation rates and slower economic growth have made for a difficult operating environment for Mozambique's banks in the past couple of years. However, Peter Wise discovers a sector where optimism very much prevails. 

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