Cosatu has vowed to prevent government from nationalising pension funds and using them to bail out State-Owned-Enterprises.
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’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‘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’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.
Global trade tensions, continued uncertainty and rising prospects for a no-deal Brexit are sapping the strength of the world economy, which faces a “precarious” 2020, the International Monetary Fund warned on Tuesday.
European finance ministers need to find a compromise candidate to replace Christine Lagarde as the head of the International Monetary Fund, French Finance Minister Bruno Le Maire said on Saturday.
The International Monetary Fund on Friday reached an agreement with Argentina that will allow release of the next $5.4 billion disbursement under the loan program intended to help stabilize the South American nation’s economy.
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%.
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.