Of Ethiopia’s Tigray War, Dip in Savings Culture, and The Kenyan Shilling Losing Streak

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In this episode of We are Curious, the Hisa Team discusses how Ethiopia’s Tigray war affects prospective investments in the country, following MTN’s decision to pull out of the second licence bid. Could this affect Safaricom Ethiopia’s prospects should the conflict stretch to 2022? We also question the incentives that should drive savings in Kenya, as the country battles with job losses thanks to COVID-19 and grapples with high living costs. Finally, we close the episode chatting on the weakening Kenyan shilling, and how that is likely to affect dollar-denominated debts.

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