News stories by Marina Penderis

Despite only three million dollars a year coming into the India-Brazil-South Africa (IBSA) Fund for Poverty and Hunger Alleviation, it aims to pack punches above its weight with small but sustainable projects.

Despite only three million dollars a year coming into the India-Brazil-South Africa (IBSA) Fund for Poverty and Hunger Alleviation, it aims to pack punches above its weight with small but sustainable projects.

Development donors typically impose strict conditions on recipient countries. Now a different South-South approach to funding is taking shape through the India-Brazil-South Africa (IBSA) Fund for Poverty and Hunger Alleviation.

The International Monetary Fund (IMF) may be performing better during the current economic crisis than during the Asian crisis of the late 1990s, but it still has 'a long way to go'.

The first decade of South Africa’s black economic empowerment (BEE) policies saw the creation of a predictable list of politically connected beneficiaries, featuring names such as Patrice Motsepe, Cyril Ramaphosa and Tokyo Sexwale. Now new regulations may see other companies — including white-owned business — enter the BEE stage.

The controversial conditionalities attached to World Bank and International Monetary Fund (IMF) loans over the past 20 years may, from the World Bank’s point of view, no longer be necessary as African countries are of their own accord imposing similar policy restrictions on themselves.