Africa May Ignore IMF Rate Call

Monday, November 01, 2010

IMF calls for fast-growing frontier African economies to start tightening monetary and fiscal policy are likely to fall on deaf ears as governments and central banks across the continent focus for now on economic growth.

The pressure to achieve growth is likely to be particularly acute in countries such as Nigeria, Zambia and Uganda that face elections next year.

While inflation concerns may gradually increase in some African nations, early rate hikes would go against many central banks' drive to get street banks to lower their lending rates.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Rolling back: Rollers will want to turnaround its fortunes PIC: PHATSIMO KAPENG

Rollers, Orapa brace for two-part sequel

Kabelo Boranabi | 18 h ago

Faulty gadgets top complaints to BOCRA

Mbongeni Mguni | 2d ago

Civil Society fights 'flawed' constitutional amendment

Innocent Selatlhwa | 22 Apr 2024

Civil Society calls for Constitution review governing Act

Innocent Selatlhwa | 22 Apr 2024

IEC rejects 2,513 registrations

Innocent Selatlhwa | 22 Apr 2024

Motshegwa prevails against detractors

Goitsemodimo Kaelo | 22 Apr 2024

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

The Monitor Editor | 23 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Africa May Ignore IMF Rate Call

IMF calls for fast-growing frontier African economies to start tightening monetary and fiscal policy are likely to fall on deaf ears as governments and central banks across the continent focus for now on economic growth.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Inspect the voters' roll!