Donor nations suspend aid to Mozambique over debt scandal

2016-05-05 07:00

Donor nations and institutions that contribute to Mozambique's state budget have suspended their support over revelations of $1.4bn in hidden debt.

Zim to present new IMF financing programme

2016-04-22 17:28

Zimbabwe will present a financing plan to the IMF by November after clearing its arrears, opening the door to receiving its first loan from the fund in nearly two decades.

Stagnant global economy calls for radical remedies

2016-04-18 08:59

The deeper the slump, economists used to say, the stronger the recovery. They don’t say that anymore.

IMF reaches loan deal with Tunisia

2016-04-15 19:15

The International Monetary Fund has reached a staff-level agreement to assist Tunisia with a four-year loan programme worth about $2.8bn.

IMF cuts global growth outlook again

2016-04-13 09:48

The International Monetary Fund has warned of the risk of political isolationism, notably UK's possible exit from the EU, and growing economic inequality.

‘Brexit’ fallout causes global damage - IMF warns

2016-04-12 16:26

The International Monetary Fund has cut its UK growth forecast and warned of “severe” damage to the world economy if Britain leaves the European Union.

WATCH: Lagarde sees political dangers with tepid economy

2016-04-06 15:01

The global economy is beset by an array of political risks at a time when growth is at best mediocre, says IMF Managing Director Christine Lagarde.

IMF declares Malawi fit for Extended Credit Facility

2016-03-24 13:49

The IMF has declared that Malawi is on track to revive the Extended Credit Facility programme due to good management of domestic finance since September 2015, a report says.

How London sees SA: Deal with Nenegate or hasten bankruptcy, IMF bailout

2016-03-20 12:16

An SA-born analyst provides insights into how the City of London interprets Pretoria’s latest political furore.The conclusions are chilling.

Ghana's producer inflation rises sharply

2016-02-24 15:15

Ghana's statistics office says the country's producer price inflation has shown a sharp increase to 16.3% from a revised figure of 11%.


Mozambique comes clean on $1.35bn debt - source

2016-04-22 20:00

Mozambique has given the IMF an "avalanche of documents" and came clean on as much as $1.35bn of undeclared sovereign debt, says a fund source.

IMF suspends aid to Mozambique

2016-04-19 20:52

The International Monetary Fund has suspended aid to Mozambique after discovering the country had hidden debt of more than $1 billion.

Economic slump worries as IMF, World Bank pledge action

2016-04-17 20:00

World finance ministers have pledged to boost growth at IMF and World Bank Spring Meetings tainted by lingering worries about the dragging global economy crisis.

Commodity slump pushes Africa back into IMF's embrace

2016-04-15 14:32

Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund.

SA economy weighed down by uncertainty - IMF

2016-04-12 18:15

South Africa's economy is now expected to grow by 0.6% in 2016, down slightly from the 0.7% seen in January, as weaker exports and policy uncertainty take their toll.

Angola to open loan talks with IMF

2016-04-06 19:25

Angola will begin loan negotiations with the International Monetary Fund as the oil price start to bite.

IMF sees Rwanda's economy slowing in 2016

2016-04-05 18:47

The International Monetary Fund expects Rwanda's economy to slow this year and pick up in 2018, forecasting around 6% growth this year compared with 6.9% last year.

Activists cleared for topless protest against Strauss-Kahn

2016-03-23 22:56

Three Femen activists have been acquitted of exhibitionism for a topless protest staged as former IMF chief Dominique Strauss-Kahn arrived at his trial for "aggravated pimping" in February 2015.

UK much more worried about BRICs than Brexit

2016-03-15 14:12

For Britain's bosses, 'Brexit' is small beer compared to the concerns emanating from emerging markets.

IMF ready to lend to African oil producers

2016-02-03 09:58

The International Monetary Fund stands ready to help sub-Saharan Africa's oil exporters cope with plunging crude prices and growing fiscal pressures.

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