The IMF’s projections max out at South Africa achieving 1.8% growth in 2030, with the medium-term showing a slow crawl to reaching these relatively low levels of growth.

This year’s spring meetings of the International Monetary Fund and World Bank have made it clear that the global financial ...

The CEO of Capitec says that Stats SA is wrong, and actually the unemployment rate isn't 8 million. It's much less.

Countries of the Global South are caught up in a vicious cycle – they are forced to take expensive conditional loans from the ...

South African Minister of International Relations and Cooperation Ronald Lamola on Thursday expressed concern over the current state of the global economy, highlighting geopolitical challenges and ...

Public spending cuts across six African countries have resulted in the incomes of health and education workers falling by up to 50 percent in five years, leaving them struggling to make ends meet, ...

South Africa's National Treasury says the World Bank has granted South Africa a $1.5 billion loan to upgrade transportation ...

The Treasury has not detailed which projects the World Bank loan will support but stated that the financing plan includes an ...

Additionally, Colombia has applied to join the NDB, marking a significant move as Latin American nations increasingly seek alternatives to Western financial institutions. Colombia’s commitment ...