The International Monetary Fund ( IMF) has argued that Mozambique needs a "fiscal consolidation" in 2025 to ensure the sustainability of public accounts, given the significant fiscal slippage seen in ...

The southeast African nation has suffered economic damage in the wake of protests against elections in October that extended ...

India, even though being the world’s fifth-largest economy, faces a notable difference in GDP per capita, ranking in the ...

An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, conducted discussions from February 19 to March 4, ...

Despite its rhetoric, the CPM-K is a pro-capitalist, nationalist organisation articulating the interests of sections of the ...

IMF staff and the Mozambican authorities have discussed performance and policies underpinning the Fifth and Sixth Reviews of the Extended Credit ...

The African Export-Import Bank (Afreximbank) has advised Nigeria to reduce its debt burden by investing in agriculture and manufacturing. This is as it listed the country alongside nine other African ...

ShareArmed with a war chest of 12 billion rand ($662 million) in excess capital sitting on its books by end of June, South Africa’s fourth-largest lender by assets has mapped out a strategy to build ...

The UK financial watchdog has banned two former Credit Suisse bankers from working in the sector almost six years after they ...

Two former Credit Suisse managing directors have been banned from the UK financial services industry after they pleaded ...

Mozambique’s government is in a bind as it comes under pressure from protesters demanding that it tackle high living costs ...

Nigeria remains a key player in international capital markets, issuing a $2.2 billion Eurobond in December 2024 to manage debt obligations.