Tag: International Monetary Fund

The Economic Freedom Fighters (EFF) is calling on the government to avoid applying for loans from international financial institutions such ...

The International Monetary Fund says it expects South Africa's economy to grow by 5% in 2021 before growth slows down ...

Countries and institutions must do more to help African states weather the global pandemic and its economic impact, the International ...

Five hundred of the world’s leading charities and social groups have sent a letter to the International Monetary Fund warning ...

South African Communist Party (SACP) General-Secretary Blade Nzimande says they are unhappy with a government loan from the International Monetary ...

The Namibian government has approached the International Monetary Fund (IMF) for a 4.5 billion Namibian dollars ($274 million) emergency loan ...

With Sudan’s economy at risk of freefall, hammered by inflation exceeding 100% and plagued by shortages of bread, fuel and ...

Sudan began talks this week with the International Monetary Fund (IMF) on a non-funded programme that could pave the way ...

Uganda will lose $1.6 billion a year in earnings from tourism as visitors stay away due to the impact of ...

Kenya’s small and medium businesses need urgent help to survive the economic slowdown caused by the novel coronavirus, and many ...

The International Monetary Fund has raised Kenya’s risk of debt distress to high from moderate due to the impact of ...

Zimbabwe is headed for a health and economic catastrophe from the coronavirus pandemic because its debt arrears mean it cannot ...

The International Monetary Fund has approved a request from Ecuador for emergency financing to fight the coronavirus pandemic, granting a ...

Kenya’s central bank cut its benchmark lending rate again on Wednesday, to 7.0% from 7.25%, saying measures to tackle the ...

Tunisia will start relaxing its coronavirus lockdown next week, reopening parts of the food and construction sectors and allowing half ...

Nigeria’s President Muhammadu Buhari is seeking approval to borrow 850 billion naira ($2.36 billion) from the domestic capital markets to ...

South Africa is seeking to acquire R95 billion of funding to address the coronavirus social and economic crisis from global ...

Banco Comercial Portugues (BCP) has taken legal action against Mozambique, becoming the latest bank to pursue the heavily indebted East ...

Africa is expected to reverse an economic contraction linked to fallout from the COVID-19 pandemic next year, according to the ...

The International Monetary Fund’s Executive Board has approved support for Burkina Faso and Niger under its Rapid Credit Facility to ...