An unusual internal report links shrinking union power to growing inequality – but don’t be fooled.
The inflation rate has dropped to 5.3% because of the lower oil price, but consumers shouldn’t embark on a spending frenzy just yet.
According to the International Monetary Fund the government of President Robert Mugabe is deep in arrears and out of sorts.
The Ebola outbreak could cost African economies as much as $32.6-billion by the end of 2015, according to the World Bank Group.
The IMF and World Bank will hold their annual meetings this week, with key global economic reports being released in the run up to these events.
Unconventional monetary policy is often assumed to benefit banks, say IMF economists, however, there is evidence for heightened medium-term risks.
The IMF will update its global economic outlook this week, while investors look at a rates decision in Nigeria and inflation numbers in South Africa.
The largest emerging economies will push ahead with a $50-billion development bank to provide alternative funding for the Brics countries.
The International Monetary Fund is looking to cut its expectations of South Africa’s GDP growth this year, a senior official has hinted.
The World Bank has revised South Africa’s economic growth forecast from 2.3% to 2% for 2014.
An IMF policy paper on income inequality describes rising public support for income redistribution as the gap between top and bottom earners grows.
From Nigeria becoming Africa’s largest economy to the US government releasing its monthly budget statement, here are this week’s economic highlights.
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.
Global economic growth rates will fall this year, with the International Monetary Fund revising down its forecasts for 2013 and 2014 accordingly.
The labour union federation is the only one ‘flabbergasted’ at the IMF saying inflexible labour laws in South Africa are hampering economic growth.
The outlook is bleak on the back of dismal data and a warning that changes are urgently required.
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.
Dominique Strauss-Kahn, who quit the IMF after being accused of sexually assaulting a maid, has started a new job as an economic adviser.
Emerging markets hurting as world prepares to wean itself off unconvential monetary policy.
There has been a return of commodity risk, with commodities breaking free of their ties to other asset classes and delivering different performances.
IMF chief Christine Lagarde has avoided immediate charges but was named ‘assisted witness’ in a case about a state payout to a disgraced tycoon.
IMF chief Christine Lagarde has arrived in court to be questioned by a French magistrate over her role in a €285-million arbitration payment.
But why are politicians so reluctant to admit it and so averse to a neat solution to the eurobond crisis?
The European Union’s focus on austerity has hit the limits of public acceptance, says the head of the trading bloc’s executive arm.
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.
The Bank of Cyprus will become a shadow of its former self.
Egypt will invite an IMF technical team to reopen negotiations on a $4.8-billion loan deal, says a newspaper report.
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%.