Latest articles on International Monetary Fund

Covax will take excess doses of Covid vaccines off the hands of rich countries

The global initiative plans to deliver two billion doses of Covid-19 vaccines to developing nations

How to rescue SA’s ailing economy

2020 was a challenging year for everybody, with no growth forecast in the economy, fears of a deep recession and a jobs bloodbath. Three experts contextualise this situation, focusing on what can be done in 2021 to slow down the spiral into an economic abyss

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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Latest

Mboweni says no more Zondo funding as court extends commission’s lifespan

The finance minister suggests money should be found from the cash-strapped justice department

SABC retrenchment process set to be finalised on Friday

At a portfolio committee meeting on Tuesday, developing a sustainable funding model for the SABC was top of the agenda

Slain top cop blamed for not cooperating with police

The widow of Charl Kinnear submitted a petition to parliament to find out why protection services were withdrawn before her husband’s assassination

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