Legal precedent set as Odendaal’s assets forfeited in Steinhoff fraud battle

The SARB has forfeited to the state cash totalling R42m from Berdine Odendaal’s bank accounts, as well as her R18m property in Paarl’s Val de Vie estate.

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Zimbabwe – Playing hardball with the IMF

Despite delaying salary payments for public sector workers this month due to financial constraints, the Zimbabwean government has basically rejected an International Monetary Fund (IMF) condition of reducing the state payroll in order […]

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Namibia – IMF concludes Article IV consultation

The International Monetary Fund (IMF) concluded its 2013 Article IV consultation with Namibia on 29 January 2014. The Fund staff’s appraisal acknowledged that Namibia managed to make significant progress in relation to the […]

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Namibia – IMF comments after Article IV visit

A mission from the International Monetary Fund (IMF) concluded its annual visit to Namibia with a statement on November 7, emphasising the “consistently high quality” of policy discussions with local authorities. The Fund […]

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