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IMF

IMF: The making of inequality
Article
/ 19 October 2012

IMF: The making of inequality

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.

By Roman Grynberg
IMF warns millions face humanitarian emergency in W Africa
Africa
/ 13 October 2012

IMF warns millions face humanitarian emergency in W Africa

The IMF has called for accelerated efforts to help millions of people who face an "humanitarian emergency" in West Africa’s Sahel region.

By Sapa Afp
Zim’s rapid growth due to slow to 5%, says IMF
Article
/ 26 September 2012

Zim’s rapid growth due to slow to 5%, says IMF

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.

By Reuters
Egypt asks IMF for R4.8bn loan
Africa
/ 22 August 2012

Egypt asks IMF for R4.8bn loan

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.

By Staff Reporter
Economist accuses IMF leadership of being ‘tainted’
Article
/ 21 July 2012

Economist accuses IMF leadership of being ‘tainted’

A veteran economist at the IMF has accused the global lender of suppressing information on difficulties in dealing with the global financial meltdown.

By Lesley Wroughton
Money can’t buy leadership
Article
/ 21 June 2012

Money can’t buy leadership

Our commitment, $2-billion, and the $73-billion committed by China, India, Brazil and Russia, bring the IMF firewall fund to $456-billion.

By Editorial
Throwing good money at EU troubles
Article
/ 21 June 2012

Throwing good money at EU troubles

Some experts say Zuma’s $2-billion IMF commitment will work in South Africa’s favour, but others disagree. Lynley Donnelly reports.

By Lynley Donnelly
Presidency: Loan to IMF critical in keeping rand stable
Article
/ 20 June 2012

Presidency: Loan to IMF critical in keeping rand stable

The $2-billion commitment to an International Monetary Fund "firewall" is not a gift but a sound financial investment, says the presidency.

By Sapa
No winners in the race to the bottom
Article
/ 31 May 2012

No winners in the race to the bottom

Zero corporate tax rates and expensive incentives are not worth the investments they attract, writes Roman Grynberg.

By Roman Grynberg
Parallel economy and tax evasion costs Algeria billions
Article
/ 14 March 2012

Parallel economy and tax evasion costs Algeria billions

Experts have reported that Algeria’s economic growth is being stunted, partly by businesses’ reliance on the black market.

By Amal Belalloufi
French cops arrest Strauss-Kahn over sex ring allegations
Article
/ 21 February 2012

French cops arrest Strauss-Kahn over sex ring allegations

Controversial former IMF boss Dominique Strauss-Kahn has been detained by French cops over allegations that he participated in a sex orgy.

By Sylvain Peuchmaurd
No image available
Article
/ 17 February 2012

Public spending clouds positive outlook for Namibian economy

IMF gives Namibia a thumbs but raises concerns over rising public debt.

By John Grobler
Uncertain future after ‘senseless beauty’ of revolt
Article
/ 3 February 2012

Uncertain future after ‘senseless beauty’ of revolt

Egyptians in limbo after revolt

By Paul Mason
No image available
Article
/ 27 January 2012

Europe must clean up its own mess

Europe should get their finances in order.

By Kevin Davie
No image available
Article
/ 19 October 2011

Global slowdown would hit SA hard, says IMF

Sub-Saharan Africa’s economy is expected to grow 5.25% in 2011, but if global growth slows, South Africa will be particularly hard hit, the IMF says.

By Staff Reporter
No image available
Article
/ 5 October 2011

IMF ‘confident’ blocked Greece loan will be released

The IMF says it’s "confident" of its talks with Greece on plans to trim its deficit that will lead to the release €8-billion in bailout funds

By Staff Reporter
No image available
Africa
/ 20 September 2011

African growth to exceed 5% in 2011-12, says IMF

While SA’s growth is forecast at a more modest 3.4%, the IMF says it expects the economy of sub-Saharan Africa to grow by over 5% in the year ahead.

By Staff Reporter
IMF swats down crisis-hit Swaziland’s loan prospects
Article
/ 31 August 2011

IMF swats down crisis-hit Swaziland’s loan prospects

The IMF has given Swaziland a firm thumbs-down on its fiscal reforms, effectively dashing King Mswati III’s hopes of securing international loans.

By Staff Reporter
No image available
Article
/ 5 August 2011

Deal soft on demand for democratic reform, say activists

Commentators are doubtful that SA’s R2.4-billion loan to Swaziland will secure long-term economic stability or meaningful political reform to them.

By Louise Redvers
No image available
Article
/ 15 July 2011

Dialogue of the deaf

Christine Lagarde’s appointment to the IMF has reopened calls for greater representivity at the United Nations.

By Staff Reporter and John Vida
No image available
Article
/ 1 July 2011

Madame Oui is ‘honoured’ to lead IMF

She was the most likely candidate: Christine Lagarde, had been Europe’s favourite to succeed her fellow countryman, Dominique Strauss-Kahn.

By Michael Steininger 
No image available
Article
/ 24 June 2011

Greece’s Lehman moment

As the cost of default insurance soars, the IMF
has warned dithering eurozone policymakers to move quickly to contain the danger of contagion.

By Larry Elliott, Graeme Wearden and Jill Treanor
No image available
Article
/ 24 June 2011

Africa should strive to reform the IMF, not lead it

I am glad that nominations for the managing director of the IMF have closed without an African being nominated, writes <b>Tawana Kupe</b>.

By Staff Reporter
Austerity vote allows EU, IMF to give Greece a chance
Article
/ 22 June 2011

Austerity vote allows EU, IMF to give Greece a chance

The Greek Cabinet has approved the severe austerity budget plan demanded by the EU and IMF as a condition for help taming its massive debt.

By Staff Reporter
IMF race isn’t over yet, says Mexico’s Carstens
Article
/ 16 June 2011

IMF race isn’t over yet, says Mexico’s Carstens

Mexico’s IMF candidate says his battle with France’s Christine Lagarde is not over yet, but has chastised Europe for not making it a fair fight.

By Marianne Barriaux
No image available
Article
/ 12 June 2011

IMF becomes latest target of major cyber attack

A cybersecruty expert said the intruders’ goal had been to install software that would give a nation state a "digital insider presence" on the IMF.

By Jim Wolf and Jim Finkle
Strauss-Kahn pleads not guilty
Article
/ 6 June 2011

Strauss-Kahn pleads not guilty

Fallen IMF chief Dominique Strauss-Kahn has pleaded not guilty to attempted rape, setting up a fierce courtroom showdown with his accuser in New York.

By Sebastian Smith
No image available
Article
/ 3 June 2011

Protests flare as Greece faces next hurdle

The banner flapped in the wind for almost a week, surviving the rigours of sun and sudden downpour.

By Helena Smith
No image available
Analysis
/ 27 May 2011

Trevor Manuel: not the ideal candidate for IMF

Member of the ANC, <b>Bongane Ndamase</b>, responds to Finance Minister Pravin Gordhan’s opinion piece.

By Staff Reporter
Time for manure to hit the DSK
Article
/ 27 May 2011

Time for manure to hit the DSK

Dominique Strauss-Kahn is in the doo-doo. For someone of his ilk to spend a few days at New York’s Rikers Island jail, must have been torture.

By Nikiwe Bikitsha
Manuel: IMF must ditch European ‘birthright’
Article
/ 23 May 2011

Manuel: IMF must ditch European ‘birthright’

Trevor Manuel, tipped as a dark horse in the race to fill the top IMF post, has spoken out against the custom of appointing only European candidates.

By Staff Reporter
IMF should be more representative
Article
/ 20 May 2011

IMF should be more representative

The recent financial crisis has highlighted the need for legitimate and credible institutions for global governance, writes <b>Pravin Gordhan</b>.

By Staff Reporter
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