International Monetary Fund
latest news & developmentsMalawi trader shutdown exposes deeper tension over tax reform and economic crisis
Malawi’s rollout of a digital tax platform has triggered widespread business protests, with traders arguing that economic pressures and foreign exchange shortages were ignored…
Africa’s voice and power must be underpinned by dignity
For many African public intellectuals such as Steve Biko, Leopold Senghor, Kenneth Kaunda, Julius Nyerere and Kwame Nkrumah, political independence represented more than the…
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
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…
Elites indulge as Malawians suffer
If the country is to move beyond crisis management, austerity must apply to all
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
Budget 3.0 – Godongwana’s last shot
Now that a VAT increase has been ruled out, the finance minister must find another way to plug a R75bn gap or risk collapsing public services and investor confidence
Lessons for the Left | The rise and fall of Syriza
The third instalment of Lessons for the Left considers what happens when a grassroots resistance movement takes on entrenched neoliberalism
Rising debt challenges divide developed and developing economies
An international framework that prevents prolonged restructuring negotiations is required
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
South Africa’s G20 presidency: Frontload the climate change and ecological justice agenda
When the country takes over the presidency from Brazil in 2025, it should focus on reforming the global financial architecture
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
Africa’s data centre market and digital transformation pathways
To realise its digital potential, Africa must focus on several practical steps like investment in renewable energy sources
African leaders repeat calls for financing reform
Heads of state met at the African Development Bank’s gathering this week, where they mulled an overhaul of the world’s financial architecture