165 million people fell into poverty in 3 years of crisis: UN
United Nations — The Covid-19 pandemic, the cost-of-living crisis and the war in Ukraine have pushed 165 million people... Read more
14 Jul
IMF says Sri Lanka’s economic recovery remains challenging
Colombo — Cash-strapped Sri Lanka’s economy showed “tentative signs of improvement” but recovery remains challenging and Colombo must pursue... Read more
2 Jun
Free vote key to Zimbabwe’s debt settlement – AfDB
Harare – Zimbabwe’s upcoming presidential election and compensation of white farmers whose land was seized two decades ago are... Read more
17 May
Joe Biden’s student debt relief plan challenged at Supreme Court
Washington – The US Supreme Court hears arguments on Tuesday in a challenge to President Joe Biden’s plan to... Read more
28 Feb
IMF chief ‘confident’ Zambia debt deal is within reach
Lusaka – IMF chief Kristalina Georgieva said on Tuesday she was “confident” an agreement to restructure Zambia’s debt was... Read more
25 Jan
South Africa cuts power to Nigeria consulate, sparks row
Johannesburg – The Nigerian consulate in Johannesburg has complained to the South African government after city authorities disconnected the... Read more
21 Jan
Borrowing money isn’t always a bad thing – debt can be a sensible way to build wealth
Bomikazi Zeka, University of Canberra Debt, in some form or another, is part of our financial profiles whether... Read more
2 Jan
World Bank ‘concerned’ over Zambia debt relief delays
Lusaka – The World Bank said on Wednesday it was concerned at creditors’ slow pace in discussing debt restructuring... Read more
22 Dec, 2022
Ghana suspends part of external debt payments
Accra – Ghana suspended payments on part of its foreign debt on Monday as the country undertakes debt restructuring... Read more
19 Dec, 2022
African debt: how to break unequal relationships in financing deals
Danny Bradlow, University of Pretoria Africa is facing some impossibly difficult choices when it comes to financing its development.... Read more
10 Dec, 2022
