IMF: Egypt to need more financial support

2014-04-12 08:27

Egypt will need further international assistance to put its economy back on track despite receiving huge loans from Gulf Arab states, the IMF says.

US threatens tougher sanctions on Russia

2014-04-11 08:29

Treasury Secretary Jacob Lew is warning Russia that it could face tougher economic sanctions because of its actions in Ukraine but so far other economic power reluctant.

UK economy basks in factory growth

2014-04-08 16:44

Britain got a double boost as its recovery from recession gathered more momentum and the International Monetary Fund raised the country's growth forecasts.

CAR to receive $176m aid - IMF

2014-04-04 14:02

The Central African Republic has reached a preliminary agreement with the International Monetary Fund and other donors to receive $176m this year, says the IMF.

IMF bails out Ukraine, UN rejects Crimea annex

2014-03-28 08:40

The IMF has announced a $14-$18bn bailout for Ukraine as the UN General Assembly refused to recognise Russia's annexation of the Crimea peninsula.

No cuts to Zim's public sector wage bill

2014-03-26 16:15

Zimbabwe is not prepared to slash its public sector wage bill to meet debt-reduction plans agreed with the IMF, says Finance Minister Patrick Chinamasa.

Cabinet reshuffle 'looms in struggling Zim'

2014-03-14 15:04

Zimbabwean President Robert Mugabe is reportedly contemplating a Cabinet reshuffle that could see Finance Minister Patrick Chinamasa’s early exit from treasury.

Ukraine's economy wilts under crisis

2014-03-06 13:50

Ukraine's government says Russian aggression in Crimea is hitting the economy hard but signalled growing confidence that it will secure international loans.

G7 leaders condemn Russia over Ukraine

2014-03-03 06:33

The leaders of the world's top industrialised powers have turned on fellow G8 member Russia, condemning its "clear" violation of Ukraine's sovereignty.

EU, Russia bid to calm tensions over Ukraine

2014-02-26 07:13

World powers have sought to ease tensions over Ukraine as the country's interim authorities grappled with the threat of economic collapse and separatism.

US ready to give financial support to Ukraine

2014-02-25 09:00

The US is ready to provide financial support to Ukraine to complement IMF aid, the White House says, in the aftermath of the ousting of Ukraine's president, Viktor Yanukovich.

Ukraine rebels want Yanukovich's powers curbed

2014-02-17 19:24

Ukraine's opposition leaders have pressed President Yanukovich to accept curbs on his powers that would allow them to form an independent government to defuse a 12-week stand-off on the streets.

Tunisia central bank 'optimistic' after loan

2014-01-30 15:51

Tunisia's central bank expressed "optimism" after the IMF released a delayed $506m loan to support the fragile economy following major steps this week to end months of political turmoil.

IMF sees higher global growth

2014-01-21 17:09

The International Monetary Fund has raised its global growth forecasts for the first time in nearly two years amid rising demand and inventories in advanced economies.

Banda hopes IMF review will unlock frozen aid

2014-01-18 18:00

President Joyce Banda says that Malawi is on the right track after an economic review by the International Monetary Fund.

Banda fingered in Malawi fraud scandal

2013-12-14 10:30

A Malawi Catholic rights group has accused President Joyce Banda of being “part and parcel” of a massive fraud scandal that rocked her government this year.

Zambia revokes mining chief's work permit

2013-11-11 22:07

Zambia has revoked the work permit of the chief executive of Konkola Copper Mines, after the firm ignored the government's order not to cut jobs.

Ireland on verge of bailout exit

2013-11-07 17:48

Ireland has taken a major step towards becoming the first eurozone country to exit a huge financial bailout programme after the EU and IMF completed their final review.

Tanzania needs to tackle subsidies – IMF

2013-11-07 08:41

Tanzania’s economy is set to grow 7% in 2013 but the government needs to expand revenue by simplifying tax exemptions and curbing power subsidies to sustain growth, the IMF says.

IMF looks at Pakistan's economic reforms

2013-10-28 14:52

Pakistani Prime Minister Nawaz Sharif faces the first formal test of his economic policies during a visit by the International Monetary Fund.

Lagarde warns against US spending cuts

2013-10-13 21:18

IMF Director Christine Lagarde has warned that US spending cuts must not be too drastic or they could threaten global economic recovery.

Gordhan: IMF must boost African representation

2013-10-13 10:27

The International Monetary Fund's board needs to increase the representation of countries from sub-Saharan Africa, says Finance Minister Pravin Gordhan.

US infighting threatens world: China media

2013-10-10 07:19

Chinese state media have hit out at US lawmakers, a week ahead of a potential US default, urging them to "stop manufacturing crises" that threaten the global economy.

Argentina's Fernandez has hematoma cut

2013-10-08 19:25

Argentine President Cristina Fernandez has had surgery to remove blood from the surface of her brain, sidelining her three weeks ahead of a key mid-term election and at the apex of a rancorous court battle.

Zim will stick to IMF programme - Chinamasa

2013-10-03 20:45

Zimbabwe's Finance Minister Patrick Chinamasa says the country will stick to an IMF monitoring programme that could pave way for the country to clear its debts.


Ghana hits economic growth roadblock

2014-04-11 09:32

After a decade of pumping oil and achieving coveted middle-income status that made it the envy of other African nations, Ghana has hit a roadblock.

IMF: Crisis a shock for Ukraine

2014-04-08 19:14

Ukraine is facing a severe contraction in its economy due to the country's political turmoil and tension with Russia, the International Monetary Fund says.

US recovery puts onus on Europe and China

2014-04-07 11:03

The world's top financial policymakers will descend on Washington with a debate fizzing once again about what needs to be done to galvanise economic growth.

IMF expects subdued growth for Zimbabwe

2014-03-28 10:44

Zimbabwe will register moderate growth in the short term and the country could be vulnerable to weakening exports, predicts the International Monetary Fund.

IMF predicts challenging year for Zim economy

2014-03-28 07:39

Zimbabwe's struggling economy will continue to face challenges this year, with minimal growth expected, the IMF says.

Madagascar's leader seeks to win over donors

2014-03-19 11:03

Madagascar’s new president has launched a charm offensive against the world’s biggest aid institutions, hoping to revive the support to his impoverished country that was cut off five years ago.

Seychelles economy to grow 3.7% - IMF

2014-03-11 19:49

The Seychelles economy will grow by 3.7% in 2014 following 3.5% growth last year, the International Monetary Fund says.

US preps tough response for Russia over Ukraine

2014-03-03 07:36

Western powers have prepared a tough response to Russia's military advance into Ukraine and warned that Moscow could face economic penalties, and diplomatic isolation.

Armed men take airport in Ukraine's Crimea

2014-02-28 07:57

Dozens of armed men in Russian-marked military uniforms have occupied an airport in the capital of Ukraine's strategic Crimea region, a report says.

US: Yanukovych not recognised as Ukraine head

2014-02-25 11:02

The Obama administration has signalled that it no longer recognises Viktor Yanukovych as Ukraine's president.

Ukraine closes on protesters, 5 reported dead

2014-02-18 19:47

Ukrainian riot police have advanced on the 12-week-old protests against President Yanukovich and security forces set a deadline to end disturbances after at least five protesters were reported killed.

EG wants help to diversify economy

2014-02-05 13:37

Equatorial Guinea wants international investors and financial institutions to help open up and diversify its energy-dependent economy.

IMF releases fresh funds to Tunisia

2014-01-30 09:57

The IMF has released more than $500 in support for Tunisia shortly after a new technocratic government headed by PM Mehdi Jomaa was sworn in.

Banda hopes IMF review will unlock frozen aid

2014-01-19 14:30

Malawi President Joyce Banda is optimistic that donors would release funds frozen over graft allegations after an economic review by the International Monetary Fund.

IMF signals rosier oulook for US economy

2013-12-23 08:53

The International Monetary Fund has indicated that it will raise its growth forecast for the US economy in 2014.

Aid freeze: Malawi hits back at Western donors

2013-11-22 08:43

A Malawian minister has criticised Western donors for withholding aid worth $150m after the government exposed corruption.

Pakistani army enraged by Islamist's comment

2013-11-11 08:54

The Pakistan army has demanded an apology from an Islamist leader for calling a dead militant a "martyr", saying his remarks "hurt the feelings" of the families of those who died fighting for their country.

Zim to introduce Islamic banking - report

2013-11-07 11:41

Zimbabwe is reportedly planning to introduce Islamic banking in a bid to attract its Muslim community, which says it wants to contribute to reviving the country's economy.

Zimbabwe plans sovereign wealth fund law

2013-10-31 07:55

Zimbabwe plans to craft a law to set up a sovereign wealth fund - but may not have any money at first as the government needs to develop the country's crumbling infrastructure.

Senate leaders nearing US debt ceiling deal

2013-10-15 09:26

With a potential debt default looming, Senate leaders are nearing completion on a deal to stave off a self-inflicted political calamity that would shred US credibility.

Gordhan named Finance Minister of the Year

2013-10-13 16:31

Finance Minister Pravin Gordhan has been named the Finance Minister of the Year for 2013 in Sub-Saharan Africa.

World Bank worries about US

2013-10-13 09:09

World Bank chief Jim Yong Kim has warned that the United States is heading toward peril as politicians failed again to resolve a standoff over the budget and debt ceiling.

Obama to nominate first woman Federal chief

2013-10-09 12:58

US President Barack Obama plans to nominate Janet Yellen as the first woman to head the rate-setting Federal Reserve, according to media reports citing White House officials.

Spain won't ask for more aid - EU official

2013-10-08 19:15

Neither Spain nor Ireland are likely to seek more financial aid when current programmes of EU and IMF support ends, a senior EU official says.

Lagarde: Global economy still subdued

2013-10-03 18:59

The world economy is continuing to recover slowly from the 2008 financial crisis, International Monetary Fund chief Christine Lagarde says.

  • Thursday Sir Lowry's Pass - 05:35 AM
    Road name: Old Sir Lowrys Pass Road
    TRAFFIC LIGHTS not working at Bezweni Road
  • Thursday Cape Town - 05:35 AM
    Road name: Buitengracht Street
    TRAFFIC LIGHTS not working at Waterkant Street
More traffic reports...

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Escape winter, head to Mauritius

Escape winter by spending 7 nights in Mauritius' tropical bliss from R13 215 per person sharing. Includes return flights, airport transfers and accommodation. Book now! - shop online today

Get many eggs in one basket!

Gaming bundles: 2 Super Hits games for R99, 3 Disney games for R99 and more + exclusive accessory bundles only available on While stocks last. Shop now!

25% off bestselling books!

The Real Meal Revolution by Tim Noakes, Jeffrey Archer’s Be Careful What You Wish for, Man’s Search for Meaning by Victor E. Frank and many more titles. Shop now!

Up to 25% off electronics

Buy top electronics and save up to 25%. Such as’s 1# selling product the gobii eReader, Patriot X Porter flash drive, Asus Nexus 7” 3G tablet, Samsung Galaxy SIII, Lenovo G580 Notebook and many more. Shop now!

DStv HD PVR Decoder now R949

The DStv HD PVR Decoder has further revolutionised the television experience with lifelike viewing, sharper images, more vibrant colours and precision picture quality. Now R949, save R550. Offer valid while stocks last. Shop now!

Up to 30% off appliances & homeware

Save up to 30% on appliances and homeware this Easter! Offer valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.