Top Africa stories: Mugabe, DRC, Malawi

2017-05-19 08:15

Zimbabwe is set to build a new university in honour of president Mugabe, and SA has deported at least 300 Malawian citizens, who had been living illegally in the country.

'Excessive' spending by Mugabe government could fuel inflation: IMF

2017-05-18 10:00

The International Monetary Fund is warning that excessive spending by President Robert Mugabe’s government will worsen cash shortages and stoke inflation.

Fuzile: Discipline is right thing to do

2017-05-14 06:29

Treasury’s outgoing DG also says real economic transformation can only occur if there’s growth.

IMF sees subdued growth outlook for Sub-Saharan Africa

2017-05-10 09:46

Sub-Saharan Africa’s economic growth outlook is subdued as the region’s oil producers delay policy adjustments needed to trigger and sustain expansion momentum.

Sub-Saharan Africa's growth prospects still fragile - IMF

2017-05-09 16:41

Once-off factors are likely to drive a modest economic rebound in sub-Saharan Africa, according to the International Monetary Fund.

Africa needs strong policies to tap into potential, says IMF

2017-04-24 19:27

The IMF says sub-Saharan Africa is a region of tremendous potential and will be able to tap into this potential in the coming years.

Malikane's attendance at US trip raises flags - DA

2017-04-23 12:18

Professor Chris Malikane’s attendance at the IMF/World Bank Spring Meeting, alongside Finance Minister Malusi Gigaba may send the wrong message to investors, says the DA.

IMF reviews growth rates

2017-04-19 14:58

In its latest report, the IMF says sub-Saharan Africa will record an average growth rate of 2.6% with South Africa projected to register a modest growth of 0.8%.

Lagarde: Sound policies will create a more resilient global economy

2017-04-12 16:16

The global economy needs a foundation of sound domestic policies combined with a steadfast commitment to international cooperation, says IMF head Christine Lagarde.

One hurt by letter bomb at IMF's Paris office

2017-03-16 18:45

A letter bomb has exploded at the Paris offices of the International Monetary Fund injuring a secretary who suffered burns to her hands and face.


IMF lifts SA growth forecast on agriculture and mining

2017-05-19 07:02

The IMF has raised its forecast for economic growth in SA, saying the end of the drought will lift agricultural production while rising commodity prices will boost the mining sector.

‘Leaders have lost interest in what’s good for SA’

2017-05-14 07:03

A former FirstRand CEO has halted some of his business ventures following the Cabinet reshuffle and the two credit rating downgrades.

Egypt, IMF in initial agreement on next aid tranche

2017-05-12 21:25

The International Monetary Fund says it will release the second tranche of a $12bn loan to Egypt, in a "vote of confidence" in the country's economic reform programme.

SA still has most subsidiaries in Africa but rivals catching up

2017-05-10 06:02

South African companies have the highest number of subsidiaries in the rest of Africa market but competition is fast rising from Kenyan and Nigerian firms, says the IMF.

IMF sees Dubai GDP growth accelerating on local spending, trade

2017-05-02 10:22

Dubai’s gross domestic product will likely accelerate this year at a faster pace than most Arab economies, bolstered by local spending and a pick-up in global trade.

Bond notes alone won’t solve Zim's problems - IMF official

2017-04-24 18:26

Bond notes alone won't address Zimbabwe's cash challenges, a top International Monetary Fund official has said.

Subdued growth for sub-Sahara Africa in 2017 - IMF, World Bank

2017-04-21 18:47

Subdued GDP growth and a heavy debt burden weigh heavy on prospects for sub-Saharan countries to escape the growth trap.

IMF forecasts modest growth in sub-Saharan Africa

2017-04-18 22:28

The IMF has forecast 2.6% growth in sub-Saharan Africa, aided by a modest recovery in large economies South Africa, Nigeria and Angola.

Moody's sees Egypt's economy growing but reforms slipping

2017-03-30 08:42

Ratings agency Moody's says the economic picture for Egypt is improving, but that "mounting public discontent" will likely lead it to slow reforms undertaken to secure a bailout from the IMF.

Despite Egypt reforms, investors seen wary of returning

2017-02-26 21:00

Egypt is pursuing a raft of reforms to try to revive an economy weakened by years of turmoil, but analysts say that wooing foreign investors will take time.

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