For many African public intellectuals such as Steve Biko, Leopold Senghor, Kenneth Kaunda, Julius Nyerere and Kwame Nkrumah, political independence represented more than the transfer of formal authority from colonial administrations to newly sovereign states
The move could undermine Lilongwe’s pursuit of a new programme with the International Monetary Fund
The global lender said controlling the public sector wage bill would be critical and commended the government’s plans to address inefficiencies and provide incentives for early retirement
If the country is to move beyond crisis management, austerity must apply to all
As foreign banks retreat from the continent, local lenders are stepping up to fill the gap
If the Department of State Policy Provisions Act is passed into law, the US will support Zimbabwe borrowing money from international lenders such as the World Bank
Now that a VAT increase has been ruled out, the finance minister must find another way to plug a R75bn gap or risk collapsing public services and investor confidence
The third instalment of Lessons for the Left considers what happens when a grassroots resistance movement takes on entrenched neoliberalism
An international framework that prevents prolonged restructuring negotiations is required
Among the truths is that most of the 17 sustainable development goals adopted by UN member states are doomed to fail
When the country takes over the presidency from Brazil in 2025, it should focus on reforming the global financial architecture
Diamonds account for 30% of the country’s economy, but lab-grown gems mean less demand for ones dug out of the soil
To realise its digital potential, Africa must focus on several practical steps like investment in renewable energy sources
Heads of state met at the African Development Bank’s gathering this week, where they mulled an overhaul of the world’s financial architecture
South Africa, the region’s economic powerhouse, looks to record improved, albeit tepid, growth this year and next
The African Development Bank’s economic outlook report notes that 20 countries were in debt distress or at high risk of debt distress, hamstringing their ability to achieve social development goals
The US Federal Reserve’s ‘higher for longer’ stance and local election jitters have weighed on the rand, adding to price pressures This content is restricted to registered users and subscribers. Get Your Free Account The Mail & Guardian is committed to providing all our readers with the best possible experience. Please register your free account now. Your registration is your first step to becoming an M&G community member. Register Registration enables: – M&G newsletters access – notifications – the best possible experience Already registered? Login here Want to subscribe and get even more benefits? Explore our subscription offers
Delegates at the Black Industrialist and Exporters Conference complained of bureaucratic processes keeping them from accessing markets
South Africa risks falling behind as much of the rest of the world embraces industrialisation to grow and protect economies
The American presidential hopeful’s world policies make him a bull in a china shop