Latest articles on International Monetary Fund

Sudan’s government gambles over fuel-subsidy cuts — and people pay the price

Africa Ayin Network - 24 Nov 2020

Economists question the manner in which the transitional government partially cut fuel subsidies

China blamed for Zambia’s debt, but the West’s banks and agencies enabled it

Africa Grieve Chelwa - 18 Nov 2020

The narratives about the African country’s debt crisis are being used as fodder in geopolitical battles

Patel: South Africa on target to attract R1.2-trillion in investments

Business Thando Maeko - 9 Nov 2020

The trade minister says the country is on track to reach more than R1-trillion worth of investments over five years, despite Covid-19 disruptions

Public wage bill is impeding SA’s growth prospects — Busa

Business Tshegofatso Mathe - 9 Nov 2020

Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks need to happen soon

Dance with the ‘devil’: Why SA has fought off the IMF for so long

Politics Luke Feltham - 27 Sep 2020

The ANC has, until now, always rejected going to the International Monetary Fund, which underscores how bad our economic situation is

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.

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National

Zuma maintains his true colours at Zondo commission

Niren Tolsi - 30 Nov 2020

The former president’s escapades at the commission of inquiry into state capture are a far cry from Nelson Mandela’s response when summonsed to testify in the high court

National

Gordhan tells Zondo how Moyane wanted to advance the objectives of state capture

emma balfour - 30 Nov 2020

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National

Shadow of eviction looms over farm dwellers

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