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.

Egypt raises price of drinking water

2018-06-03 09:59

Egypt has raised the price of piped drinking water by up to 45%.

Growth to strengthen in sub-Saharan Africa: IMF

2017-10-11 10:32

Economic growth in sub-Saharan Africa is set to accelerate to 3.4% next year, the International Monetary Fund has said, citing Nigeria's recovering oil and agricultural sectors.

Political uncertainty moves IMF to cut SA's growth forecast

2017-10-10 17:24

The International Monetary Fund has cut South Africa’s growth forecast for 2017 from 1% to 0.7% due to “political uncertainty”.

Zim 'regaining its status as breadbasket of southern Africa', says Mugabe

2017-09-11 12:26

President Robert Mugabe reportedly told a Zanu-PF central committee meeting last week that the country's economy was now recovering despite an on-going cash crisis, says a report.

IMF: Education reform key to get SA out of growth slump

2017-01-17 08:37

The International Monetary Fund says broad-based reforms to education are needed to boost growth in South Africa, which it predicts will remain below 1% in 2017.

Editorial: Walk your talk, Mr Prez

2016-10-16 07:33

In 2001 the International Monetary Fund (IMF) spoke of a “pernicious and intractable problem” known as state capture that was afflicting transition economies.

Nene places greater value on economists

2014-07-01 12:22

Finance Minister Nhlanhla Nene says economic forecasters should play a vital role in SA's budget process to assist in creating a better environment for growth.


Venezuela's inflation to reach 1 million percent, IMF forecasts

2018-07-24 06:45

Alejandro Werner, the head of the IMF’s Western Hemisphere department, has forecast that Venezuela's economy will shrink by 18% in 2018.

IMF sees tough SA budget unless fiscal risk sorted

2017-11-17 09:27

South Africa will face more fiscal difficulties and higher financing costs should state-owned companies’ debt continue rising and if the nation’s local debt is downgraded to junk, the International Monetary Fund has said.

Mugabe’s Cabinet reshuffle likely to 'negatively impact economy' - expert

2017-10-11 06:01

President Robert Mugabe's reassignment of former finance minister Patrick Chinamasa is "going to undermine the country's re-engagement strategy with the international community", says an expert.

Sudan eyes economic revival as US lifts sanctions

2017-10-07 15:02

Up until a few years ago, Sudanese engineer Ahmed Abdallah used to manage his family's expenses on his $400 monthly salary but he has since had to take out loans to make ends meet.

Egypt announces $2.49bn package to cope with inflation

2017-05-29 19:25

Egypt announces $2.49bn package of income tax discounts, bonuses for state employees, increased pension payments and cash subsidies to help Egyptians cope with soaring inflation

What we can do to stop SA catching fire

2016-12-04 06:07

Common sense dictates that inequality is bad for social cohesion, plus it is morally reprehensible.

Nigeria – Africa’s next great hope

2015-10-05 18:32

Nigeria has overtaken SA as the top economy in Africa. Find out why scores of South African companies are investing in Nigeria.

Gordhan: Africa is hope of the world

2012-11-12 17:02

Africa brings a glimpse of hope to the unstable global economy, says Finance Minister Pravin Gordhan.

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