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EFF World Bank loan National Treasury
news

‘Senseless and irrational’: EFF slams R7b World Bank loan

LIVE UPDATES: Ukraine invasion: Visa and Mastercard announce suspension of operations in Russia
News

Ukraine latest: IMF approves $1.4 billion in emergency funding

IMF R65 billion loan corruption COVID
News

IMF warns developing countries of ‘economic turbulence’

EFF World Bank loan National Treasury
News

‘Senseless and irrational’: EFF slams R7b World Bank loan

LIVE UPDATES: Ukraine invasion: Visa and Mastercard announce suspension of operations in Russia
News

Ukraine latest: IMF approves $1.4 billion in emergency funding

IMF R65 billion loan corruption COVID
News

IMF warns developing countries of ‘economic turbulence’

ANC salaries IMF loan
News

IMF extends emergency funding by 18 months due to Covid

By Agence France-Presse24-12-2021 08:57

The International Monetary Fund said Thursday it will extend its flexible access to emergency funding for an additional 18 months to help nations severely impacted by the Covid-19 pandemic.

IMF says no financial support
Africa News

IMF says no financial support for Zimbabwe

By Agence France-Presse17-11-2021 12:01

The IMF said its staff had completed a virtual mission to Zimbabwe and noted “significant” efforts by authorities

IMF sees Africa lagging in reb
Business

IMF sees Africa lagging in rebound from pandemic blow

By Agence France-Presse21-10-2021 17:40

“Lockdowns have been the sole option for containing the virus,” said IMF Africa chief Abebe Aemro Selassie

IMF R65 billion loan corruption COVID
Business & Finance

IMF sends additional R65 billion to South Africa – but how will it be spent?

By Tom Head24-08-2021 12:09

Cynical South Africans fear that this latest cash injection could be chowed by corrupt officials, after the IMF sent another R65 billion to SA this week.

GDP growth in sub-Saharan Afri
Business & Finance

GDP growth in sub-Saharan Africa this year is ‘worst on record’

By Mike Simpson24-10-2020 14:33

Despite the IMF providing $16-billion in financing to 33 countries in the region during 2020, more help is still needed, organisation warns.

ANC salaries IMF loan
News

‘IMF loan could pay ANC salaries’: Mboweni makes alarming admission

By Tom Head23-10-2020 11:06

The ruling party is becoming increasingly desperate to meet its wage demands. But paying off ANC salaries with the IMF loan is a major red flag…

DA responds to SAA bailouts
News

ANC reported to IMF for ‘misusing $4.3bn loan to bailout SAA’

By Tom Head04-10-2020 11:41

Shadow minister Geordin Hill-Lewis has claimed that the government used the billion-dollar IMF loan to help bailout SAA last month.

Low-income developing countrie
Business & Finance

Low-income developing countries at risk of a ‘lost decade’

By Mike Simpson29-08-2020 16:12

Without help, low-income nations in Africa and elsewhere are at huge risk of losing recent gains due to the pandemic, the IMF warns.

GDP stats sa
Business & Finance

SA may introduce its first-ever ‘debt ceiling’ – here’s what to expect

By Tom Head28-07-2020 18:25

Tito Mboweni, the IMF and even the DA all seem to have found common ground on introducing a ‘debt ceiling’ to Mzansi. Allow us to explain…

IMF R65 billion loan corruption COVID
News

IMF loan: The ‘anti-corruption clauses’ in place to stop COVID looting

By Tom Head28-07-2020 12:17

South Africa’s IMF loan agreement comes with a few clauses that aim to prevent corruption gripping hold of COVID-19 relief funds.

IMF loan
News

IMF loan: Corruption and subjection raise red flags

By Thabo Baloyi28-07-2020 09:04

The IMF gave the nod for the R70 billion loan on Monday, 27 July 2020, which is aimed at aiding the country as it navigates the economic hurdles arising from the COVID-19 pandemic.

IMF South Afric
News

IMF and World Bank: Parties at odds over COVID-19 support

By Thabo Baloyi10-05-2020 11:14

Government would have access to as much as $50m (R915m) from the World Bank and $4.2bn (over R70bn) from the IMF

DA and John Steenhuisen to approach the courts over decision on schools
News

Steenhuisen tells IMF to stop ANC spending loan ‘with racial motivations’

By Tom Head07-05-2020 13:48

Opposition leader John Steenhuisen has made a drastic move on Thursday, asking the IMF to stop the ANC using their funds to favour BEE organisations.

Tito Mboweni ANC
Business & Finance

‘SA COVID-19 relief budget could rise to R800 billion’ – Tito Mboweni

By AFP27-04-2020 19:40

President Cyril Ramaphosa’s relief budget of R500 billion could ultimately grow to much more than that, according to Mboweni.

EFF says all students should have laptops and data
News

EFF blasts government’s intentions to get loans from IMF and World Bank

By Andrea Chothia31-03-2020 19:14

The EFF says government should cut its ‘bloated’ cabinet instead of taking loans from the IMF and World Bank to fund the coronavirus outbreak.

Tito Mboweni IMF
Business & Finance

SA will utilise IMF facilities for COVID-19 relief – Mboweni

By James Richardson29-03-2020 13:55

South Africa’s Finance Minister Tito Mboweni says he will approach the IMF and World Bank for assistance in light of the COVID-19 crisis.

Tito Mboweni
Business & Finance

Budget 2020: Still some good news to ponder amid economic doom and gloom

By Mike Simpson25-02-2020 16:15

Our banking system is sound. Our foreign exchange-denominated debt is low and the flexible exchange rate is a shock absorber. So smile a little…

Eskom
News

Eskom South Africa’s largest risk, says IMF and National Treasury

By Andrea Chothia26-11-2019 11:23

National Treasury and The International Monetary Fund (IMF) find that South Africa’s largest risk is Eskom, and weak economic growth.

IMF South Afric
Business & Finance

The IMF is confident that South Africa can sort itself out

By Nick Krige16-08-2019 11:10

The International Monetary Fund is of the opininion that South Africa is perfectly capable of sorting out its own problems without a loan.

eskom IMF
News

IMF identifies Eskom as “a major risk” to South Africa’s growth

By SAnews04-06-2019 12:20

The IMF, in its main findings, found that SA’s growth outlook is dependent on the pace of structural reforms, particularly at Eskom.

cyclone idai imf
Mozambique News

Cyclone Idai: Mozambique receives $118m from IMF to rebuild

By Cheryl Kahla22-04-2019 12:57

Cyclone Idai was one of the worst cyclones in decades to hit Mozambique, Zimbabwe, Malawi and Madagascar.

imf eff christine legarde cyril ramaphosa
News

“IMF is not the solution to South Africa” – EFF reacts to IMF visit

By Andile Sicetsha20-12-2018 09:17

Something is in the water, according to the EFF.

land expropriation
News

Land expropriation: IMF supports ‘transparent and constitutional’ reform

By Luke Daniel30-08-2018 16:30

The International Monetary Fund (IMF) says land reform needs to be done by the book.

Cyril Ramaphosa cabinet reshuffle
Business & Finance

The Ramaphosa effect? IMF lifts its growth outlook for South Africa

By Tom Head17-04-2018 16:45

Things are looking a little rosier.

South Africa should prepare for the worst case scenario: seeking help from the IMF
News

South Africa should prepare for the worst case scenario: seeking help from the IMF

By The Conversation30-11-2017 20:31

We’re not exactly blessed with alternatives, here

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