Latest articles on International Monetary Fund

South Sudan’s forex shortage highlights broader economic crisis

Africa David Mono Danga - 1 Sep 2020

South Sudan has nearly run out of foreign currency – and this is just the tip of a much bigger economic crisis.

Debt-for-climate swaps are crucial for economic recovery in the developing world

Environment Shamshad Akhtar, Kevin P Gallagher, Stephany Griffith-Jones, Jörg Haas & Ulrich Volz - 1 Sep 2020

COMMENT: Developing countries face a debt crisis that will only become worse as the Covid-19 pandemic continues, and massive debt relief will inevitably be necessary. The only question is whether it will be designed to address the even larger climate crisis

Alassane Ouattara: In the eye of Côte d’Ivoire’s perpetual succession crisis

Africa Lauren David Seaman & Mvemba Phezo Dizolele - 24 Aug 2020

His road to the presidency was anchored in contention and acrimony, and if his bid is successful, Alassane Ouattara will have ruled for two decades when all is said and done.

Tito needs the IMF, South Africa doesn’t

Business Dick Forslund - 1 Aug 2020

The IMF loan is given with false motivation — to provide political cover for entrenched neoliberalism and deep cuts in the public service

South Africa gets $4.3bn IMF loan. In return, the country must reform

Business Thando Maeko - 29 Jul 2020

The loan, which is repayable over five years at an interest rate of 1.1%, comes with various self-imposed conditions such cutting the public wage bill and rationalising support to the state-owned entities

Treasury: IMF’s low interest Covid-19 loan will provide financial relief

Business Thando Maeko - 28 Jul 2020

The International Monetary Fund has approved a $4.3-billion – R71-billion – loan to South Africa to bolster the economic relief package

An African free trade area is in our sights

Opinion Patience Panashe - 23 Jul 2020

Successes and failures from other initiative such as the European Union will be instructive, but much work must be done before the African Continental Trade Area becomes a reality

Black lives must matter in Africa too

Africa Audrey Donkor - 19 Jul 2020

Although Africans must continue to support the Black Lives Matter movement, there is also the need for them to raise their voices against injustices in other African countries

Jury’s out on green recovery

Business Tshegofatso Mathe - 9 Jul 2020

Public-private partnerships and big infrastructure builds have been suggested as ways to boost South Africa’s flagging economy. Another option to consider is green bonds, which would also help achieve climate crisis goals

AU rights leader warns of human rights disaster

Africa Simon Allison - 2 Jul 2020

The African Union’s human rights boss has expressed grave concerns about the erosion of human rights during and after the Covid-19 pandemic.

South Africa’s GDP contracts 2%, entrenches recession

Business Thando Maeko - 30 Jun 2020

Stats SA’s latest GDP figures show the country’s economy has shrunk 2% in the first quarter of 2020

‘Don’t be afraid of fresh ideas’

Business Thando Maeko & Tshegofatso Mathe - 25 Jun 2020

The finance minister has found money for the Covid crisis, but the cupboard is bare and he warns that a fiscal crisis is possible in 2024

Mboweni to further tighten the belt in his budget

Business Thando Maeko & Tshegofatso Mathe - 23 Jun 2020

The finance minister will cut departments’ allocations according to their cloth as one measure, and savings will have been made from underspend during the lockdown

Manuel: African nations need $40bn for debt relief

Business Thando Maeko - 18 Jun 2020

International and regional finance institutions such as the World Bank, the IMF and the AfDB have provided emergency assistance, but there still remains a funding gap to effectively fight Covid-19

It’s time for a Great Reset of capitalism

Coronavirus Klaus Schwab - 3 Jun 2020

The Covid-19 pandemic provides a chance to reflect on, reimagine and reset the global economic system

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Coronavirus

Emergency hospital: Gauteng’s potential R500-million albatross

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National

Durban business raided as Transnet contracts face scrutiny

Paddy Harper - 25 Sep 2020

Contractors allegedly paid Transnet officials for lucrative procurement deals

National

Convict Andile Lungisa resists calls to quit city council

Sabelo Skiti - 25 Sep 2020

Former youth league leader Andile Lungisa cites ANC constitution, and argues assault is not corruption in a bid to keep his party membership

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Special Reports

SA’s SEZs create decent jobs

special reports - 25 Sep 2020

The Specia Economic Zone programme is used as a critical tool for accelerating the country’s industrial development agenda

Special Reports

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special reports - 25 Sep 2020

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Special Reports

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special reports - 25 Sep 2020

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Special Reports

The Galaxy Z Fold2 smartphone breaks all the rules

special reports - 25 Sep 2020

The Galaxy Z Fold2 has meaningful innovations that offer users enhanced refinements and some unique foldable user experiences

Special Reports

Adventures, ghost tours and big skies await visitors to the Cape Winelands

special reports - 23 Sep 2020

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Special Reports

SingularityU Online Summit to contribute to SME growth in 2020

special reports - 23 Sep 2020

The global speakers lined up for this year's event will address the challenges and opportunities specifically facing small businesses

Special Reports

Policy priorities lie with urgent economic reforms

special reports - 23 Sep 2020

Professor Raymond Parsons believes that business and consumer sentiment in South Africa would both benefit from even lower borrowing costs

Special Reports

Javett Art Centre at the University of Pretoria to reopen on Heritage Day

special reports - 22 Sep 2020

The new, drive-through sculpture exhibition brings to four the number of exhibitions of iconic African and South African art