Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after ...
Sri Lanka Cenbank Eases Policy With New Single Benchmark Rate
COLOMBO (Reuters) -Sri Lanka's central bank set a new single policy rate of 8% on Wednesday, easing monetary settings below ...
Kenya Plans Levy on Park-Entry Fee to Fund Wildlife Conservation
Kenya, known for iconic safaris featuring animals from wildebeests to elephants and lions, plans to charge a 1% levy on entry ...
Angola Says No Negotiations on Possible New IMF Loan Program
Angola said there are currently no negotiations taking place with the International Monetary Fund about a possible new ...
IMF Supports South Africa Adopting Lower Inflation Target
South Africa would gain significant economic benefits by adopting a lower inflation target though the process should be ...
Euro's bruising leaves global investors on edge
As the euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next ...
Ethiopia's parliament approves extra $4.8 bln spending in 2024/25
Ethiopian lawmakers on Tuesday approved the government's plan to increase spending by an additional 581.98 billion Ethiopian ...
Britain has pledged billions to tackle climate change – but where does the money really go?
Less than two weeks before the Cop29 climate summit, there was an announcement in South Africa that generated little heat and ...
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International Monetary Fund (IMF) Reaches Staff Level Agreement on the Second Review of the Extended Credit Facility for Ethiopia
A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from November 12 to 26, ...
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We’re a threat – Pastor Bakare on why countries are against Nigeria’s prosperity
The General Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, has said that some countries do not want ...
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Treasury on International Monetary Fund concluding statement
Response to the staff concluding statement of the 2024 International Monetary Fund (IMF) Article IV consultation for South Africa. An International Monetary Fund (IMF) team visite ...
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A missed opportunity: why COP29’s broken promises will leave billions behind
The failures at COP29 echo the disappointments of the UN biodiversity conference (COP16). There, critical decisions on ...