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.

Greek farmers, sailors begin wave of protests

2016-01-24 12:10

Greek farmers and sailors have kicked off a wave of protests against a disputed pension reform mooted by the prime minister.

IMF downgrades outlook for world economy again

2016-01-19 22:57

Weakness in developing markets has prompted the IMF to downgrade its 2016 outlook for the world economy.

Oil price collapse is a drag on global economy: IMF

2016-01-19 13:45

The International Monetary Fund says that the sharp collapse in the price of oil is proving more of a drag on the global economy than a stimulus.

Djibouti's economy to grow by 6.5% in 2016 - IMF

2015-12-29 09:28

Djibouti's economy will expand by 6.5% in 2016, driven by increased investments especially in infrastructure, says the International Monetary Fund.

Ukraine won't pay $3bn debt to Russia

2015-12-18 20:37

Ukraine has announced it will not make good on its $3bn debt to Russia due this weekend, deepening a row with Moscow which said it would take Kiev to court.

Greece gets aid infusion as EU counts on Tsipras

2015-11-24 11:37

Greece has unlocked more of its rescue funds as the eurozone called on its prime minister to maintain commitment to meeting its bailout requirements.

Islamic finance can promote stability - IMF chief

2015-11-12 20:00

The fast growing, Sharia-compliant Islamic finance industry has the potential to promote financial stability because of its risk-sharing features, IMF director Christine Lagarde says.

IMF urges Gulf to adapt to oil price drop

2015-11-08 20:00

IMF chief Christine Lagarde has warned that global energy prices could remain low for years and has urged Gulf countries to adjust their budgets.

Zim firms want laws to enforce pay, utility cost cuts

2015-10-28 10:38

The crash of the rand and the Zambian kwacha has caused more complex challenges to the Zimbabwean economy, says an industry body.


SA banking jobs at risk - Sasbo

2016-01-29 19:10

Sasbo says SA's biggest banks are expected to consider reducing staff numbers to control costs because of the country's slowing economy.

Profits plunge at French oil company Total

2016-01-20 12:34

French oil company Total says it expects 2015 profits to plunge by more than 20% from a year earlier because of falling oil prices.

UK December inflation edges up on fuel costs

2016-01-19 14:15

A surge in air fares has produced a modest pickup in UK inflation in December as lower food prices kept the rate well below the Bank of England’s target.

IMF sees modest growth for Africa, warns Nigeria

2016-01-06 19:00

The IMF is expecting modest recovery for Africa in 2016 and cautions Nigeria that it needs to take hard decisions as it grapples with an oil price slump.

Shawn Hagedorn: Zuma going nowhere slowly. Amnesty a solution?

2015-12-22 10:58

An analyst says it is unlikely President Jacob Zuma will leave office without an aggressive fight unless he is offered amnesty.

Fanie Brink: Worst drought in 20+ years. Food crisis imminent.

2015-12-18 07:06

SA must approach the IMF for emergency financial support for farmers to help maintain the future sustainability of the country's food production, says an expert.

Don't move on from the BRICS just yet

2015-11-17 10:25

Goldman Sachs' decision to merge its BRIC fund into a broader emerging-markets fund does not signal that the grouping of the economies has outlived its usefulness.

Portuguese government collapses

2015-11-10 22:03

The government of Portuguese Prime Minister Pedro Passos Coelho is on its way out - just six weeks after re-election - after losing a no-confidence vote.

Adjust policies to fight slow growth: IMF tells Africa

2015-10-28 12:30

The IMF has called on sub-Saharan Africa, one of the world's fastest growing regions in recent years, to start adjusting policies in line with new economic realities of slowing growth.

Matthew Lester: #FeesMustFall – Blanket exemption unaffordable, solution?

2015-10-27 15:12

The country can’t afford to totally cover tuition fees unless it abandons projects like National Health Insurance, says Matthew Lester.

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