Imf
latest news & developmentsForty years of Mswati rule offer zilch to celebrate
Eswatini is a small, resilient, and culturally rich nation. Its people have endured extraordinary pressure. But on governance, the record is one of systemic failure: captured…
Malawi’s new government drops corruption cases against senior officials
The move could undermine Lilongwe’s pursuit of a new programme with the International Monetary Fund
“Inactive” youth, Sona’s panacea of digital skills and missed creative opportunities
If a commitment to youth-led initiative is to be taken seriously, it is imperative to include youth in decision making on where to direct investment, how to design curricula for…
IMF expects Godongwana to maintain budget surplus target of 1.5% of GDP
The global lender said controlling the public sector wage bill would be critical and commended the government’s plans to address inefficiencies and provide incentives for early…
Major shift in African banking
As foreign banks retreat from the continent, local lenders are stepping up to fill the gap
US Republicans propose bill on removal of Zimbabwe sanctions
If the Department of State Policy Provisions Act is passed into law, the US will support Zimbabwe borrowing money from international lenders such as the World Bank
Hard truths in Hamburg hit home
Among the truths is that most of the 17 sustainable development goals adopted by UN member states are doomed to fail
The panic behind Botswana’s big, sparkly diamond show
Diamonds account for 30% of the country’s economy, but lab-grown gems mean less demand for ones dug out of the soil
In the battle of superpowers, SA will always be vulnerable
The rand’s fall after the US’s Russian arms claims shows South Africa can’t risk taking a side
Zambia’s debt crisis is not easy to solve
In early 2021, the country agreed to be a guinea pig for a new approach to tackle sovereign debt
Explainer: What forces will shape South Africa’s economy in 2023?
Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around
Interest-free ‘buy now, pay later’ takes hold in Africa
Short-term financing companies are offering pay-over-time loans as payment methods, often interest-free, in several cash-strapped countries
Africa needs to reset its relationship with the IMF
The allocation of special drawing rights is based on the size of a country’s economy, which means the richest countries on the African continent will get the lion’s share
Vaccines split global recovery – IMF
The global economy will expand by 6% this year but the economic gap between nations is widening.
‘Indignant ones’: The Spaniards who launched ‘occupy’
Fuelled by social media, the protests were horizontal in structure, decentralised with no identifiable leader, and took shape without the involvement of unions or political…