The government faces a difficult choice between a conditional multi-billion dollar loan from the International Monetary Fund and reforming the subsidy system. Read more »
While Zimbabwe's Finance Minister Tendai Biti has said that the loan to fund the upcoming elections has been granted, South Africa's treasury says discussion are still under-way. Read more »
South Africa's government is currently assessing issues raised in Fitch's rating review - which has downgraded the country's long term foreign currency credit rating. Read more »
The United Nations revealed that the country is several years behind on its payments and owes close to U.S. $1 million to the world body. Read more »
The House of Representatives will investigate Femi Otedola, the oil magnate embroiled in an oil subsidy scandal with former speaker, Farouk Lawan. Read more »
The Debt Management Office gave an indication that the country's total debt profile might hit U.S.$25 billion by 2015. Read more »
Zimbabwe's foreign debt is reported to have increased by an estimated U.S.$10,7 billion, with the external debt projected to grow to over U.S.$8 billion by the end of this year, ... Read more »
Zimbabwe's government and the International Monetary Fund are set to hold talks to assess the country's economic situation. Read more »
Namibia's minister of works and transport has described reports that the entire Air Namibia board of directors has been fired as "totally false". Read more »
The country's economy comes under scrutiny as experts warn on trimming expenditure. Read more »
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