Eswatini is a small, resilient, and culturally rich nation. Its people have endured extraordinary pressure. But on governance, the record is one of systemic failure: captured…
The move could undermine Lilongwe’s pursuit of a new programme with the International Monetary Fund
If a commitment to youth-led initiative is to be taken seriously, it is imperative to include youth in decision making on where to direct investment, how to design curricula for…
The global lender said controlling the public sector wage bill would be critical and commended the government’s plans to address inefficiencies and provide incentives for early…
As foreign banks retreat from the continent, local lenders are stepping up to fill the gap
If the Department of State Policy Provisions Act is passed into law, the US will support Zimbabwe borrowing money from international lenders such as the World Bank
Among the truths is that most of the 17 sustainable development goals adopted by UN member states are doomed to fail
Diamonds account for 30% of the country’s economy, but lab-grown gems mean less demand for ones dug out of the soil
The rand’s fall after the US’s Russian arms claims shows South Africa can’t risk taking a side
In early 2021, the country agreed to be a guinea pig for a new approach to tackle sovereign debt
Economy hitting geopolitical tensions, pressure on consumers and load-shedding will likely stick around
Short-term financing companies are offering pay-over-time loans as payment methods, often interest-free, in several cash-strapped countries
The allocation of special drawing rights is based on the size of a country’s economy, which means the richest countries on the African continent will get the lion’s share
The global economy will expand by 6% this year but the economic gap between nations is widening.
Fuelled by social media, the protests were horizontal in structure, decentralised with no identifiable leader, and took shape without the involvement of unions or political…
2020 was a challenging year for everybody, with no growth forecast in the economy, fears of a deep recession and a jobs bloodbath. Three experts contextualise this situation,…
The trade minister says the country is on track to reach more than R1-trillion worth of investments over five years, despite Covid-19 disruptions
Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks…
The IMF loan is given with false motivation — to provide political cover for entrenched neoliberalism and deep cuts in the public service
The loan, which is repayable over five years at an interest rate of 1.1%, comes with various self-imposed conditions such cutting the public wage bill and rationalising support…