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Farmers standing in the land

Govt officials assure international community about expropriation of land

15 November 2018, 9:55 PM

Since the ANC resolved to change the constitution on expropriation of land without compensation at its policy conference in December, government officials from the President down have gone to great lengths to assure the international community that this process would unfold within the confines of the rule of law.

Kenya says IMF stand-by arrangement over, still engaging with the fund

13 September 2018, 6:29 PM

Kenya’s stand-by loan deal with the International Monetary Fund has expired but the country will continue to talk to the Fund about what funding facilities it can access in future, Finance Minister Henry Rotich said on Thursday.

Mozambique to set up independent fund for projects

22 August 2017, 7:07 AM

Mozambique‘s government plans to set up a sovereign investment fund where taxes paid on sales of the country’s minerals will be used to finance development projects, state-run AIM news agency said on Monday quoting the Finance Minister. Minister of Economy and Finance Adriano Maleiane said the new fund would have capital gains taxes paid on […]

Mozambique to set up independent fund for projects

22 August 2017, 7:07 AM

Mozambique’s government plans to set up a sovereign investment fund where taxes paid on sales of the country’s minerals will be used to finance development projects.

Finance Minister Ahmed Shide

Ethiopia’s economy expected to grow at 9% in 2019/2020 financial year

11 June 2019, 9:12 PM

Ethiopia’s economy is expected to grow at 9% in 2019/2020 financial year according to Finance Minister Ahmed Shide, more than 1.5% higher than the International Monetary Fund’s growth projection of 7.7%.

IMF logo on building

Congo Republic’s IMF bailout at risk over debt deals: document

23 May 2019, 5:46 AM

Advisers to Congo Republic’s government have warned it that there is a “major risk” the International Monetary Fund (IMF) will reject its bid for a long-sought bailout, according to a letter obtained by Reuters.

Floods

IMF considers storm aid package for Mozambique

13 April 2019, 11:59 AM

The International Monetary Fund (IMF) will consider a $130 million accelerated aid package for storm-hit Mozambique as soon as next week, a senior IMF official said on Friday.

Zimbabwe reaches agreement with IMF on economic reform program

11 April 2019, 1:22 PM

Zimbabwe has reached agreement with the International Monetary Fund (IMF) on a program of economic policies and structural reforms that could pave the way to the crisis-hit country re-engaging with international financial institutions.

IMF: No transactions with Venezuela while leadership in doubt

10 April 2019, 9:57 PM

The International Monetary Fund will not have any contact with Venezuela, nor allow the country to access its reserves held by the institution, until the international community recognizes a government in Caracas…

Amid trade tensions and Brexit worries, IMF cuts global growth outlook

9 April 2019, 3:10 PM

The International Monetary Fund on Tuesday cut its global economic growth forecasts for 2019 and warned growth could slow further due to trade tensions and a potentially disorderly British exit from the European Union.

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