An upswing in economic risks has prompted the International Monetary Fund to cut its forecast for world growth
Spain’s Supreme Court has confirmed former IMF chief Rodrigo Rato’s jail sentence of four years and six months for misusing funds
The renegotiated IMF deal is designed to ease concerns over Argentina’s loan financing needs and currency fluctuations
Global growth has been surprisingly strong, but the surge in buybacks is limiting expenditure and could cause more political turmoil
Ties with the US cooled further in January when President Donald Trump accused Pakistan of ‘lies’ and ‘duplicity’ in the war on terror
The lira has recently clawed back some of its losses, but economists say Turkey still urgently needs to address imbalances in its economy
The Bank of Ghana has accused the collapsed banks of a range of issues, including poor corporate governance and questionable transactions
Brics has much to learn from Central Africa
The opening of ties could be an economic boon to the two nations, both poor but on very different paths
The President has less impact on investment levels than he may like to admit
‘Like a compulsive shopper using one credit card to pay off another, too many African governments are taking on too much debt far too casually’
Ballooning national debt threatens to precipitate another sub-Saharan debt crisis
The labour department has justified changes to strike legislation by arguing that they are increasingly violent. But data reveals a different picture
For several weeks financiers have demanded answers about Zambia’s external borrowing. But officials have rubbished suggestions of concealed debts
South Africa’s economy is dominated by monopoly capital — a reality that has to change if the country is to change and grow
Zimbabwe is still suffering from having to pay off loans accrued by a pre-independence white supremacist government.
The appointment of a new energy minister could pave the way for a nuclear deal despite legal, financial and civic obstacles
Its been 13 years since Mauritius introduced codes of corporate governance for listed companies with mixed results.
The idea that South Africa must look towards the International Monetary Fund to rescue itself from the prevailing crisis must be dismissed.
The International Monetary Fund’s view of how to fix South Africa’s economy deserves to be seriously considered.
The treasury will do ‘whatever it takes’ to keep the utility afloat, raising the prospect
of a bailout
The DA is also looking at whether a criminal case can be opened against the Guptas in the United Arab Emirates.
Lagarde’s legal team will look into appealing the decision.
Despite the country’s emerging debt debacle, its substantional gas reserves are cooking.
Sovereign bonds in sub-Saharan countries bring a false sense of alternative funding and huge debt
The International Monetary Fund significantly changed its assessment of the country’s macroeconomic outlook when it discovered the bilateral loans.
Greece’s latest bailout cleared one of its last hurdles after the German Parliament voted in favor of an aid package of up to 86-billion euros.
Structural reform is no longer regarded as the ‘obvious’ answer to boost growth.
Prime Minister Alexis Tsipras braved a revolt in his political party as Parliament in Athens began to debate a bailout of up to €86-billion.
Greece reached an agreement with its creditors over the reforms needed to start talks for a third bailout in five years and remain in the euro.
Alexis Tsipras and his creditors sparred heading into Sunday’s referendum on austerity as a poll suggested voters are inclined to accept deeper cuts.
European leaders wait for signs that Prime Minister Alexis Tsipras is ready to compromise as Greece fails to make its IMF payment.