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Pretoria, The Union Buildings

Pretoria: The Union Buildings

South Africa Resident Representative Site

Resident Representative Office in South Africa

This web page presents information about the work of the IMF in South Africa, including the activities of the IMF Resident Representative Office. Additional information can be found on the South Africa and IMF country page, including IMF reports and Executive Board documents that deal with South Africa.

At a Glance : South Africa's Relations with the IMF

  • Current IMF membership: 188 countries
  • South Africa joined the Fund on December 27, 1945
  • Quota: SDR 1,868.50 million
  • Outstanding loans: None
  • The latest Article IV consultation was discussed by the Executive Board on July 25, 2011 (Country Report 11/258)

We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.

For more information please see Fraudulent Scam Emails Using the Name of the IMF

News — Highlights

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Building Momentum in a Multi-Speed World

Regional Outlook for Sub-Saharan Africa; By Axel Schimmelpfenning; May 17, 2013 click for more

Regional Economic Outlook for Sub-Saharan Africa: Maintaining Growth in an Uncertain World

Presentation by Axel Schimmelpfennig, IMF Senior Resident Representative in South Africa click for more

South Africa’s Unemployment Puzzle

iMFdirect blog by Abebe Aemro Selassie, Assistant Director in the IMF’s African Department click for more

IMF Note for G-20 Leaders Summit

This note provides the IMF's assessment of the global economic and financial situation and prospects. It then assesses the policy response to date, and outlines the IMF's views on the policy challenges that lie ahead. click for more

G-20 Reaffirms IMF's Central Role in Combating Crisis

The Group of Twenty (G-20) industrialized and emerging market economies has reaffirmed the IMF’s central role in the international financial system, agreeing to triple the Fund’s lending capacity to $750 billion and enabling it to inject extra liquidity into the world economy, according to Managing Director Dominique Strauss-Kahn click for more

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South Africa and the IMF

Press Release: Statement by IMF First Deputy Managing Director David Lipton at the Conclusion of his Visit to South Africa

May 9, 2013

South Africa: Facing the Challenges of the Global Economy

May 8, 2013
South Africa click for more

Press Release: Additional Funding to Boost Capacity Development in Southern Africa by IMF Regional Technical Assistance Center

April 8, 2013

Press Release: Southern African Central Bank and Finance Ministry Officials Discuss Macroprudential Approaches to Supervision of Financial Systems in the Region

April 5, 2013

Mid-Term Evaluation Report on the Enhanced Data Dissemination Initiative Project

March 20, 2013
Subject: Statistics | Africa | National accounts | Monetary statistics | Government finance statistics | Balance of payments statistics | Data quality assessment framework | General Data Dissemination System | Special Data Dissemination Standard | Technical assistance click for more

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Regional Economic Outlook for Sub-Saharan Africa

image from the publication cover

Economic conditions in sub-Saharan Africa have remained generally robust despite a sluggish global economy. The near-term outlook for the region remains broadly positive, and growth is projected at 5 percent a year in 201213. Most low-income countries are projected to continue to grow strongly, supported by domestic demand, including from investment. The outlook is less favorable for many of the middle-income countries, especially South Africa, that are more closely linked to European markets and thus experience a more noticeable drag from the external environment. The main risks to the outlook are an intensification of financial stresses in the euro zone and a sharp fiscal adjustment in the USthe so called fiscal cliff. Click for more

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Resident Representative for South Africa

Senior Resident Representative:
Axel Schimmelpfennig

Administrative Assistant:
Ms. Sandra du Plessis

Tel: 27 (0) 12- 346- 6365
Fax: 27 (0) 12- 346- 5232
Address: PO Box 12082; Hatfield 0028; Pretoria
E-mail: RR-ZAF@imf.org