Africa
IMF sees tough South Africa budget unless fiscal risk sorted
South Africa will face more fiscal difficulties and higher financing costs should state-owned companies’ debt continue rising and if the…
Ghana proposes $13.9bn (N4.2trn) budget in 2018 with deficit of 4.5% of GDP
The Ghanaian government has proposed to spend $13.9 billion (62 billion Ghana cedis) about N4.2 trillion in its 2018 fiscal…
South Africa’s economy faces major challenges, needs tackling policy uncertainty, corruption, apex bank head says
Lesetja Kganyago, South Africa’s central bank governor said Thursday that the country's economy faces major challenges, and the government needs to…
South Africa moves ahead on domestic trade in Rhino Horn
South Africa said Monday it is moving ahead with draft regulations for a domestic trade in rhino horn, despite critics'…
Zimbabwe secures $478 million funding for agriculture
Zimbabwe’s government has signed a $478 million agreement with an energy company and three banks to finance the 2017/18 summer…
IMF set to visit Mozambique as the country cannot account for expenditure of $500 million in loans
The International Monetary Fund will visit Mozambique from July 10-19 to discuss issues around the management of public finances following…
