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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

debt obligations

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Africa

The IMF is failing countries like Kenya: why, and what can be done about it

        By Danny Bradlow, University of Pretoria     The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy. To be sure, the IMF is not the only cause of Kenya’s problems with raising […]

todayJuly 3, 2024 9

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Africa

Zambia’s foreign debt tragedy – what needs to happen to resolve the crisis

By Danny Bradlow, University of Pretoria Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to manage this situation. This has left the southern African country in a state of development finance limbo. It is handicapped in raising the funds needed to generate jobs, build infrastructure, provide health, education and social services and deal with climate change. Its president, […]

todayDecember 1, 2023 7

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