Debt distress in Africa: biggest problems, and ways forward
The ability of countries to manage their debt is complicated by the changing composition of the debt.
Three priorities Africa’s newbie on the World Bank board should focus on
Executive directors must approve all World Bank loans and guarantees, country assistance strategies, the administrative budget of the Bank, and the Bank’s key operational policies and procedures.
The World Bank and IMF are using flawed logic in their quest to do away with the informal sector
Tax evasion does indeed exist, including in a subset of the informal economy.
Lots of IMF programmes are never completed – because they’re unworkable
Given the detrimental effects of IMF programme interruptions for developing countries, it is puzzling that the reform of IMF conditionality is lagging.
Top 25 Brands Transforming Lives in Kenya 2021
Under a new CEO, Rebecca Mbithi, the Family Bank has seen an expansion of its balance sheet.
Car loan
Determining the right loan repayment period
As soon as the car or a commercial vehicle leaves the showroom, it begins to depreciate quickly. Hence, at the beginning of a loan, the buyer is typically "upside down," or "under water". This means the buyer owes more than the car or vehicle is worth.
IMF headquarters building in Washington, US
South Africans should accept that the IMF is neither their worst enemy nor their saviour
South Africans should not view the IMF either as the protagonist in its nightmares, or as its saviour. Instead the country should treat it as it would any other financial institution.