Moody’s Welcomes South Africa’s Fiscal Consolidation as Deficit Target Falls to 3.9%
Moody’s Ratings has assessed South Africa’s latest medium-term budget policy statement as positive for the country’s ...
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Tag: fiscal policy
Angola’s Fuel Subsidy Bill Could Reach $4.16 Billion as Rising Oil Prices Pressure Public Finances
Angola could spend as much as 3.8 trillion kwanzas ($4.16 billion) on fuel subsidies in 2026, ...
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World Bank Warns Debt Interest Is Squeezing African Spending on Health and Education
Sub-Saharan African governments are facing growing pressure to balance public debt obligations against spending on healthcare, ...
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IMF and Zambia Reach Staff-Level Agreement on $1.47 Billion Financing Programme
Zambia has reached a staff-level agreement with the International Monetary Fund (IMF) on a proposed three-year ...
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Moody’s upgrades Ghana’s credit rating to B3 as debt pressures ease
Moody’s Ratings has upgraded Ghana’s sovereign credit rating to B3 from Caa1, citing lower borrowing costs, ...
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Gabon Plans $580 Million Bond Sale After $920 Million International Issuance
Gabon is preparing to raise a further $580 million from international investors, around two months after ...
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Mozambique Seeks New IMF Programme as Further Reforms Remain on the Table
Mozambique is seeking to advance discussions on a new International Monetary Fund-supported programme after an IMF ...
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Banga Signals Support for Senegal’s Push to Accelerate G20 Debt Restructuring
World Bank Group President Ajay Banga is expected to discuss Senegal’s plans for sovereign debt treatment ...
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Senegal’s Faye to Meet IMF Chief as Dakar Pursues New Economic Reform Programme
Senegalese President Bassirou Diomaye Faye is due to meet International Monetary Fund Managing Director Kristalina Georgieva ...
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South Africa Raises R1 Billion Through Inflation Linked Government Bond Auction
South Africa has successfully raised R1 billion through an auction of inflation linked government bonds, according ...
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The Southern African Times is a regional bloc digital newspaper that covers Southern African and world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.