RMBs Africa Quarterly on macro-economic forecasts

(www.abndigital.com) Rand Merchant Bank yesterday released its Africa Quarterly on macro-economic forecasts. According to the report, a significant number of countries on the continent are highly dependent on commodity exports to the rest of the world. A general improvement in macroeconomic policies in the years running up to the global crisis ensured that most African economies did not suffer the same deterioration in government balance sheets as the developed world. To expand on this report, Celeste Fauconnier of Rand Merchant Bank joins us in studio.