LONDON/JOHANNESBURG Angola will receive $6.2 billion in debt relief over the next three years thanks to agreements lined up with three of its major creditors, the International Monetary Fund (IMF) said in a report released on Monday.
JOHANNESBURG, Aug 27 South African state defence
firm Denel is not planning to seek new government equity
injections despite a liquidity crunch aggravated by the
coronavirus crisis, its interim chief executive told Reuters on
* Many customers say they won't qualify
(Adds comment from Santam, paragraphs 11,12)
JOHANNESBURG, July 30 South African small
businesses fighting rejected coronavirus-related claims said
insurers' offers of relief are too little too late for many and
could leave some already struggling to survive with nothing at
JOHANNESBURG, July 10 South African state
defence firm Denel may not survive the next few months unless
the government lets it use some promised bailout funds to
generate revenues rather than to repay debt, the chief executive
JOHANNESBURG Around $1 trillion of debt owed by developing countries would be cancelled under a global deal proposed by the United Nations Conference on Trade and Development (UNCTAD) on Thursday to help them overcome the impact of the coronavirus pandemic.
JOHANNESBURG South Africa is considering introducing flexible restrictions on economic activity after it phases out a nationwide lockdown, according to a draft government presentation seen by Reuters on Wednesday.
JOHANNESBURG, April 22 South Africa is
considering introducing flexible restrictions on economic
activity after it phases out a nationwide lockdown, according to
a draft government presentation seen by Reuters on Wednesday.
JOHANNESBURG The COVID-19 pandemic will likely kill at least 300,000 Africans and risks pushing 29 million into extreme poverty, the U.N. Economic Commission for Africa (UNECA) said on Friday, calling for a $100 billion safety net for the continent. | Video
JOHANNESBURG Africa is expected to reverse an economic contraction linked to the coronavirus crisis next year after containment measures are eased, the International Monetary Fund said, but the impact will be felt for years to come. | Video