South Africa may approach IMF over coronavirus impact

2020-03-29 11:45

SA may approach the IMF for the first time ever to help deal with the fallout from the coronavirus outbreak, the Sunday Times reports, citing Finance Minister Tito Mboweni.

Zimbabwe, SA now have the same growth forecast for 2020 from the IMF

2020-02-28 15:11

The fund has revised its 2020 growth projection for Zimbabwe from 2.7% to just 0.8%.

World to Ramaphosa: Do something fast to save South Africa

2020-02-02 13:32

Pressure is mounting on President Cyril Ramaphosa to stabilise the government's shaky finances and rescue an economy teetering on the brink of recession.

IMF cuts SA's 2020 growth forecast

2020-01-20 16:44

The International Monetary Fund has revised down SA's growth outlook for 2020 by 0.3 of a percentage point to 0.8%.

SA urgently needs reforms amid rising risks, says IMF

2019-11-26 20:06

The International Monetary Fund has urged more "decisive" reforms to boost private investment in South Africa, forecasting economic growth to remain sluggish for a sixth consecutive year in 2020.

Mozambique economy set to bounce back in 2020 - IMF

2019-11-14 22:05

Mozambique's economy is on track for a "strong rebound" in 2020, the International Monetary Fund said on Wednesday, as it urged the government to ensure an expected gas boom benefits all citizens.

OPINION: Why an IMF intervention might not be a bad thing for South Africa

2019-08-23 05:30

In the absence of a credible opposition party with sufficient electoral power to challenge the ANC, perhaps the IMF is best placed to help the ANC to discover 21st century economic consciousness, writes Ayabulela Dlakavu.

Give gov't your pension funds or have the country turn to the IMF? No need for either, says DA

2019-08-18 16:59

The ANC should work towards reforms that will avoid seeing the introduction of asset prescription or seeking money from the International Monetary Fund, urged the DA.

POLITICS PODCAST: Journos vs the EFF, and will SA need IMF help?

2019-08-09 07:29

This week on POLOTIKI, we look at the legal battle between the South African National Editors' Forum (Sanef) and EFF. Listen.

Lagarde 'uniquely qualified’ for top job at European Central Bank

2019-07-07 15:49

International Monetary Fund head Christine Lagarde is "uniquely qualified" to lead the European Central Bank, according to ECB Executive Board member Benoit Coeure.

 

IMF warns of triple threat to economies of sub-Saharan Africa

2020-03-25 16:30

The fund says a global slowdown means revenues will fall just as countries face additional public spending needs.

IMF says members pledged $334m in debt relief for Somalia

2020-02-26 21:22

More than 100 IMF members have pledged to provide $334 million in debt relief for Somalia, which then will unlock fresh funds to help the country, the International Monetary Fund has announced.

IMF wants South Africa to speed up reforms, urgently

2020-01-30 18:16

The IMF found that while South Africa had economic potential, risks to the economy, including weak growth and difficulties in the operations of state-owned enterprises, persisted, undermining potential.

IMF approves $368m credit facility for DR Congo

2019-12-17 10:27

The International Monetary Fund has said it had agreed to a $368.4m credit facility for strife-torn Democratic Republic of Congo, to enable its authorities 'to meet their urgent balance of payment needs'.

IMF wants South Africa to create an investment friendly environment

2019-11-25 22:03

The IMF wants government to create an environment that is conducive for investment and implement much-needed structural reforms to boost the ailing economy, the National Treasury said following a visit by the lender.

SA edging closer to IMF bailout – Sipho Pityana

2019-11-02 10:44

Business Unity South Africa's President Sipho Pityana has said government will have to take tough political decisions to avoid a credit downgrade.

This graph shows why South African won't need an IMF loan soon

2019-08-20 16:37

Government avoided the "original sin" of issuing bonds in foreign currencies.

Daniel Silke: 5 crucial tests for the ANC that could make or break us

2019-08-16 05:00

Despite some internal ANC support for the president, Ramaphosa remains at the helm of a very unstable ship. Over the next few months, there are at least five flashpoints which are likely to test ANC unity to the hilt.

WATCH: As Lagarde quits, race to lead IMF starts

2019-07-18 11:58

International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender. As she heads for the ECB, the race to succeed her at the IMF has already begun.

Lagarde’s exit reopens the question: Why does a European always lead the IMF?

2019-07-03 11:14

Since its founding in 1945, the Washington-based lender has always been run by a European as part of an unwritten understanding that means an American helms the World Bank.

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