Troubled Somalia elections hit new snag
Mogadishu – Somalia failed to conclude elections for the lower house of parliament by a deadline on Tuesday, marking... Read more
16 Mar, 2022
Stocks plunge, oil rockets, gold tops $2 000 on Ukraine fears
Hong Kong – Equity markets plunged on Monday, while oil prices soared to a near 14-year high and safe-haven gold... Read more
7 Mar, 2022
World Bank preparing $3bn emergency aid package for Ukraine
Washington – The World Bank announced on Tuesday that it is preparing a $3 billion aid package for war-torn Ukraine,... Read more
2 Mar, 2022
IMF reports ‘good progress’ after Tunisia bailout talks
Tunis – Tunisia and the International Monetary Fund made “good progress” in talks over a potential multi-billion-dollar bailout for the... Read more
24 Feb, 2022
IMF says Somalia funding at risk over election delays
Nairobi – The International Monetary Fund (IMF) could stop its programme in Somalia in three months if long-postponed national elections... Read more
22 Feb, 2022
Tunisians fear more economic pain as IMF talks loom
Tunis – Every day at the family grocery stall in a Tunis market, Bilel Jani sees the reality of... Read more
18 Feb, 2022
World Bank approves $750m loan to bolster SA’s Covid-19 recovery efforts
Cape Town – The World Bank has approved South Africa’s request for a $750 million (about R11.4 billion) development... Read more
21 Jan, 2022
IMF official urges ‘deep reforms’ to Tunisian economy
Tunis – Tunisia’s crisis-stricken economy needs “deep reforms” such as slashing its vast public wage bill, the International Monetary... Read more
16 Jan, 2022
Morocco economy rebounds with strong growth, says IMF
Rabat – Morocco’s economy has rebounded with GDP in 2021 projected to grow 6.3 percent on the back of... Read more
11 Dec, 2021
IMF sees slower growth in South Africa
Johannesburg – South Africa’s economy has rebounded after Covid, the IMF said on Wednesday while predicting slower growth than the... Read more
9 Dec, 2021
