Business IMF revises SA’s growth forecast from 4% to 5% Johannesburg – The International Monetary Fund (IMF) has revised South Africa’s growth forecast for 2021 upward by 1%. The... Read more 13 Oct, 2021
Business IMF urges Algeria to ‘recalibrate’ economy Algiers – International Monetary Fund experts urged Algeria on Monday to “recalibrate” its oil and gas-dependent economy and implement structural... Read more 5 Oct, 2021
Business Debt crisis: Zambia says IMF bailout talks making ‘progress’ Lusaka – Zambia’s president Hakainde Hichilema said on Thursday he has made progress in talks with the International Monetary Fund... Read more 1 Oct, 2021
Business IMF gives Tanzania $567 million in Covid economic support Nairobi – The International Monetary Fund (IMF) has loaned Tanzania more than half a billion dollars in emergency financing as... Read more 8 Sep, 2021
Business Sudan receives $857 million in IMF aid Khartoum – Sudan has received more than $857 million as part of a global allocation by the International Monetary Fund... Read more 27 Aug, 2021
Business IMF extends $334m in aid to South Sudan – central bank Juba – The IMF has loaned $334 million to South Sudan, the country’s central bank governor said on Tuesday, as... Read more 25 Aug, 2021
Business IMF injects US$1 billion into Zimbabwe’s fiscus Cape Town – The International Monetary Fund (IMF) has injected US$1 billion into Zimbabwe’s fiscus. According to the state-owned... Read more 24 Aug, 2021
Business DRC unveils three-year IMF credit worth $1.5bn Kinshasa – The Democratic Republic of Congo has agreed with the IMF on $1.5 billion in credits in exchange for... Read more 16 Jul, 2021
Business Zimbabwe’s economy to grow by 6% this year, IMF says Zimbabwe’s economy is set to grow by 6% this year, nearly double its previous estimate, the International Monetary Fund... Read more 19 Jun, 2021
Business High Nigeria food costs push 7 million into poverty: World Bank High inflation driven by soaring food prices has pushed seven million Nigerians into poverty, the World Bank said. In... Read more 16 Jun, 2021