Emerging markets have been hit, but not hard enough for the rest of the world to feel the burn, say analysts.
Mozambique has attempted to reassure investors that a state-backed bond to pay for tuna trawlers is not being used to buy military equipment.
Cosatu is flabbergasted by the International Monetary Fund's latest report on South Africa, says spokesperson Patrick Craven.
South Africa's structural problems are holding back growth and job creation, warns the International Monetary Fund.
IMF chief Christine Lagarde has avoided immediate charges but was named 'assisted witness' in a case about a state payout to a disgraced tycoon.
The IMF has warned that the repair job on the world's financial system is partly completed and failure to finish it risks a new phase for the crisis.
IMF chief Christine Lagarde said armed conflicts pose the principal threat to Africa's future development.
Africa brings a glimpse of hope to the unstable global economy, Finance Minister Pravin Gordhan said on Monday.
Swaziland's economic woes continue and the International Monetary Fund has forecast a gross domestic product contraction of 1.5%.
What is truly scary about the IMF's income distribution figures, is that Botswana now has a more unequal distribution of income than South Africa.
After two years of high growth, Zimbabwe's economy is set to slow to 5% amid a poor farming season, blamed on erratic rainfall, and election concerns.
Egypt's prime minister says the country has asked for $4.8-billion in aid from the International Monetary Fund to help boost its economy.
A veteran economist at the IMF has accused the global lender of suppressing information on difficulties in dealing with the global financial meltdown.
Experts have reported that Algeria's economic growth is being stunted, partly by businesses' reliance on the black market.
South Africans will have to wait for a while until they see how the department of trade and industry implements the industrial policy.
Controversial former IMF boss Dominique Strauss-Kahn has been detained by French cops over allegations that he participated in a sex orgy.
IMF gives Namibia a thumbs but raises concerns over rising public debt.
Egyptians in limbo after revolt
Talks appear to be stalling between EU, IMF negotiators and Greek officials.