Last year, the International Monetary Fund (IMF) urged the sub-Saharan African governments to look into raising more in taxes and cutting spending to mitigate against the rising debt.

In the report released in September 2023, the IMF indicated that the average debt ratio in sub-Saharan Africa has almost doubled in just a decade from 30 per cent of Gross Domestic Product at the end of 2013 to almost 60 per cent of GDP by end-2022. Thami Ngubeni spoke to Development Economist, Ayabonga Cawe...

Last year, the International Monetary Fund (IMF) urged the sub-Saharan African governments to look into raising more in taxes and cutting spending to mitigate against the rising debt.
In the report released in September 2023, the IMF indicated that the average debt ratio in sub-Saharan Africa has almost doubled in just a decade from 30 per cent of Gross Domestic Product at the end of 2013 to almost 60 per cent of GDP by end-2022. Thami Ngubeni spoke to Development Economist, Ayabonga Cawe...

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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