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.
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
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.
South Africa and the IMF
Press Release: Southern and Eastern African Central Bank Officials Discuss the Mobile Financial Services Business and its Regulation
October 1, 2013
Despite its many achievements since the transition to majority rule, South Africa struggles with low growth, widespread unemployment, and sharp social tensions. The IMF says Africa’s largest economy needs to pursue structural reforms to boost growth and create jobs for a growing population.
October 1, 2013
Series: Country Report No. 13/303
Regional Economic Outlook for Sub-Saharan Africa
The April 2014 Regional Economic Outlook: Sub-Saharan Africa anticipates a pickup in economic growth in 2014 but the region continues to face risks from both external and internal factors, among them slower growth in emerging markets which could impact both export demand and commodity prices. This report analyzes the possible impact of global forces on continued growth in sub-Saharan Africa and the policy actions that are needed to address these challenges. Chapters also discuss fostering a climate of inclusive growth and improving monetary policy frameworks in the region.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.