🔒 South Africa does not need an IMF bailout – Dawie Roodt
Author and political scientist RW Johnson has predicted that South Africa will eventually be forced to go to the IMF and ask for a loan.
Author and political scientist RW Johnson has predicted that South Africa will eventually be forced to go to the IMF and ask for a loan.
South Africa has not asked for and does not need an IMF bailout. That is true, for now. But things could change. What would it mean if we did?
Steinhoff shares hit a new low even after a long-awaited restructuring agreement on 9 billion euros of debt had been reached.
South Africa has not asked the International Monetary Fund for assistance and does not need it, the lender’s resident representative in the country said.
Zimbabwe’s finance minister responded to the country’s worsening economic crisis last week by blacking out inflation statistics for the next six months.