The International Monetary Fund (IMF) says Zambia’s new administration need to take steps to restore macroeconomic stability while protecting the vulnerable and creating more inclusive growth. Read more.
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The newly inaugurated president of Zambia Hakainde Hichilema has promised the country with 10% growth per year during his five-year term in power as discussions with the International Monetary Fund (IMF) over provision of financial support continue. Read more.
Central banks such as the Federal Reserve should be prepared to tighten policy in case inflation gets out of control, the International Monetary Fund warned in a report Tuesday. Read more.
While many jurisdictions around the world are wary of how Bitcoin would perform in real-world applications, El Salvador took the plunge to roll Bitcoin out as a legal currency, becoming the first country in the world to do so. Read more.
With the objective being to pluck Zambia out of its protracted debt crisis, the country’s newly appointed Finance Minister Situmbeko Musokotwane, last week on Friday made a pledge to conclude talks with the International Monetary Fund (IMF) on matters of lending programme by October. Read more.
The Democratic Republic of Congo finalised a new economic programme with the International Monetary Fund (IMF), of which for over nine years the country did not receive any significant foreign economic support. Read more.
The International Monetary Fund (IMF) executive board has approved $105 million under the Extended Fund Facility for Seychelles with an immediate disbursement of $34.26 million. Read more.
INTERNATIONAL Monetary Fund (IMF) says discussions for Zambia’s requests for an Extended Credit Facility (ECF) are underway after a notable progress was made in detailing the key policy measures to address the imbalances currently facing the southern African country. Read more.
“More than 73,000 people are employed in Zambia’s mining industry representing 2.4% of the workforce in the Southern African nation of a close amount of 18 million people.”
Liquor industry faces possible collapse with continued ban on alcohol, IMF expects global economic growth, and Naspers aims to reduce its dominance of the JSE. Read more.
Naspers seeks ways to reduce its dominance of the JSE, wine producers to challenge alcohol ban in court, and IMF cutting growth forecasts results in SA stocks sliding. Read more.
SA government launches R1,2 billion tourism fund, IMF anticipates global economic growth due to vaccines, and Eskom plans to change tariff structures. Read more.