Brics has much to learn from Central Africa
Multinationals and their subsidiaries must be treated as single entities — and taxed locally
The opening of ties could be an economic boon to the two nations, both poor but on very different paths
Rains have hit Kenya hard this year but the perilous state of the country’s infrastructure has pushed bureaucrats to tackle corruption
The President has less impact on investment levels than he may like to admit
Reports of profligacy by the leaders of the Pan African Parliament could further diminish its legitimacy, which is already being questioned
Ballooning national debt threatens to precipitate another sub-Saharan debt crisis
The labour department has justified changes to strike legislation by arguing that they are increasingly violent. But data reveals a different picture
For several weeks financiers have demanded answers about Zambia’s external borrowing. But officials have rubbished suggestions of concealed debts
Zimbabwe is still suffering from having to pay off loans accrued by a pre-independence white supremacist government.
The appointment of a new energy minister could pave the way for a nuclear deal despite legal, financial and civic obstacles
For the first time in years the IMF is optimistic about global economic growth, but debt is mounting in the world’s largest countries.
Its been 13 years since Mauritius introduced codes of corporate governance for listed companies with mixed results.
Mamdani looks at the history and ideologies that have shaped African universities and points to Afrikaans as an example of successful decolonisation
The idea that South Africa must look towards the International Monetary Fund to rescue itself from the prevailing crisis must be dismissed.
The International Monetary Fund’s view of how to fix South Africa’s economy deserves to be seriously considered.
The treasury will do ‘whatever it takes’ to keep the utility afloat, raising the prospect
of a bailout
The DA is also looking at whether a criminal case can be opened against the Guptas in the United Arab Emirates.
Lagarde’s legal team will look into appealing the decision.
Sovereign bonds in sub-Saharan countries bring a false sense of alternative funding and huge debt
The International Monetary Fund significantly changed its assessment of the country’s macroeconomic outlook when it discovered the bilateral loans.
Greece’s latest bailout cleared one of its last hurdles after the German Parliament voted in favor of an aid package of up to 86-billion euros.
Structural reform is no longer regarded as the ‘obvious’ answer to boost growth.
Prime Minister Alexis Tsipras braved a revolt in his political party as Parliament in Athens began to debate a bailout of up to €86-billion.
Greece reached an agreement with its creditors over the reforms needed to start talks for a third bailout in five years and remain in the euro.
Alexis Tsipras and his creditors sparred heading into Sunday’s referendum on austerity as a poll suggested voters are inclined to accept deeper cuts.
European leaders wait for signs that Prime Minister Alexis Tsipras is ready to compromise as Greece fails to make its IMF payment.
The euro leapt, Greek bond yields fell, but nothing actually changed in another day of talks with international creditors.
The International Monetary Fund says environmental costs and taxes borne by society for fossil fuels are R63-trillion a year, or R2-million a second.
But a fiscal consolidation plan should ease the pressure on the country’s currency in the longer term.
They argued that the World Bank and the IMF cannot solve the world’s economic problems, and "a new global economic order" must be built.
Reading the International Monetary Fund’s half-yearly global financial stability review feels similar to watching smoking volcanoes.