Moody's: Egypt economy still recovering from 2011 uprising

2017-09-20 18:33

An international credit rating agency says Egypt's economy has started to improve but has yet to recover from the 2011 uprising and the years of unrest that followed

Sub-Saharan Africa needs solid growth plans to avoid hard landing – IMF

2017-09-12 08:54

Countries in Sub-Saharan Africa require strong and sustainable growth plans to ensure periods of sharp growth don’t end in a hard landing, a working paper by the International Monetary Fund argues.

Brics dreams fade as trade spats and border tensions cloud meeting

2017-09-03 06:00

Trade ministers of the Brics nations – Brazil, Russia, India, China and South Africa – will meet in Shanghai from today until Tuesday under the shadow of trade spats and increasing border tensions between the group’s Asian members.

Boesak: The ANC sold out

2017-08-20 06:02

Former liberation movement’s leaders and the white elites negotiated a secret pact that entrenched inequality, says anti-apartheid cleric Allan Boesak.

Egypt curtails access to subsidized food as part of reforms

2017-08-09 20:06

Egypt curtails access to ration cards for subsidized food items, the latest move in its ambitious economic reform plan

SA should consider help from the IMF to fix its economy

2017-08-01 10:24

The alternative to asking for help now would be continued poor growth outcomes which would have serious social and economic costs, says a professor of economics.

Adama Barrow: how do you solve a problem like The Gambia?

2017-07-27 21:02

Six months ago, businessman and political novice Adama Barrow took power in Africa's smallest mainland country after delivering a stunning defeat against ex-leader Yahya Jammeh, who had ruled brutally for 22 years.

IMF cuts UK forecast after disappointing growth data

2017-07-24 11:35

The International Monetary Fund has revised its 2017 growth forecast for the UK, citing slower-than-expected expansion at the start of the year.

The ANC is beyond reform

2017-07-22 23:45

One cannot forget that the ANC was the midwife that delivered the end of apartheid and the birth of ­democracy, writes Prithiraj Dullay.

IMF calls for Mozambique to come clean on debts

2017-07-20 18:01

Mozambique must fill in "critical information gaps" over $2bn of secret government loans, the International Monetary Fund has said, in a scandal that has damaged the nation's economy.


Egypt plans to plug budget gaps with more foreign debt

2017-09-18 21:02

Egypt's Finance Minister says the country will face a $10 to $12 billion budget shortfall for the current 2017-18 fiscal year, and plans expanded foreign debt issuance to overcome it

RW Johnson: Four things the World Bank and IMF want SA to do

2017-09-07 08:00

For SA to survive the current crisis, the country only needs to look at what international bodies have already pointed out in the past, says political scientist RW Johnson.

IMF approves one-year extension to Ghana's credit programme

2017-08-31 09:07

The International Monetary Fund has approved a one-year extension of Ghana’s $918m credit-facility programme after a review on monetary and fiscal reforms.

Congo government quits as president prepares IMF talks

2017-08-17 21:53

Congo-Brazzaville's President Denis Sassou Nguesso has cleared the decks with the office announcement of the resignation of the government ahead of crucial talks with the International Monetary Fund.

Egypt reserves reach record high of over $36bn

2017-08-01 21:37

Egypt's Central Bank says that the country's foreign reserves reached 36.036 billion dollars in July, a record high, which the prime minister described as "good news" as it shows that the economy is recovering

Greece's road to bailout Exit: 140 reforms down, more to go

2017-07-31 11:00

For Greece’s creditors, implementing reforms is key to the country winning back investor confidence.

German business climate hits record on robust economy

2017-07-25 11:45

German companies are gearing up for a bumper season after the summer lull.

IMF predicts poor growth for SA

2017-07-24 07:40

The International Monetary Fund has predicted slow growth for the South African economy this year, after the country slipped into a technical recession.

Greece approved for $1.8bn conditional loan from IMF

2017-07-21 10:50

The International Monetary Fund has agreed to a new conditional bailout for Greece, ending two years of speculation on whether it would join in another rescue.

SA will take 6 years to beat junk status - economist

2017-07-20 12:00

SA remains unique in that the crisis it faces following the credit rating downgrades is not as deep as elsewhere, says economist Lesiba Mothata.

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