South Africa's government is maintaining its fiscal policy framework and is taking "systematic interventions" to address the country's economic challenges in the wake of damaging ratings downgrades, the cabinet said on Thursday. "Government...
South Africa's Finance Minister Malusi Gigaba said on Thursday the Treasury was looking into possibilities for further cuts in government spending.
South Africa's negative economic growth is a risk to fiscal targets.
Nigeria's monetary and fiscal authorities must cooperate on their policies to help Africa's largest economy to develop, the central bank governor said, according to his spokesman. Central Bank Governor Godwin Emefiele made the...
S&P downgraded South Africa's local debt by one notch to BBB in December.