News
10/18/2019
Registration for the 2020 Fund Challenge is now open to all eligible undergraduate students from universities in the Africa, Asia, Middle East, Central Asia, and the Caucasus.
Test your understanding of macroeconomic analysis by competing in the second annual Fund Challenge. Eligible undergraduate students from universities in the Africa, Asia, Middle East, Central Asia, and the Caucasus may register. See details and registration instructions.
08/27/2019
AFRITAC South in collaboration with SARB Academy, organized a seminar on Monetary Policy Implementation and Financial Market Development during August 26-30, 2019 in Pretoria, South Africa. In opening the week-long seminar on August 26, 2019, the Deputy Governor of the SARB Academy, Mr. Kuben Naidoo stated that the topic chosen is very pertinent particularly because of the global financial crisis (GFC) and the disruptions caused to the central banking world.
08/21/2019
The latest issue of our quarterly Bulletin features:
1. the center’s capacity development activities during May- July 2019;
2. feedback from participants in AFS training and;
3. the forthcoming AFS seminars.
05/10/2019
AFRITAC South organized for Mauritius a seminar on Risk-Based Approach to AML/CFT Supervision to help bolster capacity to manage risks related to Money Laundering and Financing of Terrorism. There were 36 participants from 13 public institutions dealing with AML/ CFT issues. In opening the week-long seminar on April 22, 2019, the Honorable Dharmendar Sesungkur, Minister for Financial Services and Good Governance praised AFS for its work on AML/CFT in the region.
08/20/2019
AFRITAC South organized a seminar on International Financial Reporting Standards (IFRS) – Implementation Issues for banking supervisors/regulators of 11 member countries. In opening the week-long seminar on August 19, 2019, the Governor of the Bank of Mauritius, Mr Yandraduth Googoolye stated that AFRITAC South has been instrumental in promoting capacity building in this side of the continent. It has hosted a few seminars on International Financial Reporting Standards (IFRS) for countries in Sub-Saharan Africa to enable them to prepare for the implementation of IFRS 9.
03/28/2019
The 10th Steering Committee of the International Monetary Fund’s Regional Technical Assistance Center for Southern Africa (AFRITAC South) met in Luanda, Angola on March 27-28, 2019.
In her welcome remarks, Angola’s Secretary of the State Mrs. Aia Eza Da Silva emphasized the importance of capacity development (CD) for economic transformation, boosting job creation, and reducing poverty. She stressed the increased importance of sound public institutions to foster development in a challenging macroeconomic environment characterized by rising debt and increasing infrastructure needs.
03/19/2019
An opening address by Arif Ismail, Head of Fintech at the South African Reserve Bank (SARB),
at the IMF AFRITAC South Fintech Seminar, The Sheraton Hotel, Pretoria,18 March 2019
The fintech frenzy: fad or financial sector transformer?
03/28/2019
From a technologist’s perspective and given the unique fintech developments in South Africa, how will technology-driven innovation make a lasting impact?
This is an important question. Innovation making a lasting impact means that it delivers to the most important stakeholder – the people, the consumer. So how will fintech be able to do this from a technological perspective? Here’s a perspective that I like to think of as 5 S’s
01/17/2019
Hon Minister D. Sesungkur stated "The Government of Mauritius and our people take much pride that the IMF has hand-picked Mauritius to host an AFRITAC antenna to cover the Southern African region. Indeed, the presence of AFRITAC South in Mauritius over the past seven years has gone a long way to further consolidate bilateral ties among the 13 member countries being served by this learning centre."
07/18/2018
Opening address by Mr. Vikram Punchoo, Second Deputy Governor of the Bank of Mauritius at the Seminar on Impact of Basel III reforms in the implementation of Basel II/III in Emerging Market and Developing Economies.
02/15/2019
The latest issue of our quarterly Bulletin features:
1. the center’s capacity development activities during November
2018 - January 2019;
2. feedback from participants in AFS training;
3. the forthcoming AFS seminars and IMF free online courses; and
4. announcements.
03/15/2018
The latest issue of our quarterly Bulletin features:
1. the center’s capacity development activities during February – April 2018;
2. interview of AFS resident advisor on IMF’s new results-based management framework;
3. feedback from participants in AFS training;
4. the forthcoming AFS seminars and IMF free online courses; and
5. announcements.
01/17/2019
Joint Press Release
European Union - International Monetary Fund
EU Supports the IMF’s Technical Assistance Centre, AFRITAC South, with Rs 800 Million
10/19/2018
BANK OF MAURITIUS AND AFRITAC SOUTH PARTNER FOR AN ORIENTATION PROGRAM FOR NEW CENTRAL BANK RECRUITS
October 22—26, 2018
05/15/2019
The latest issue of our quarterly Bulletin features:
1. the center’s capacity development activities during February- April 2019;
2. feedback from participants in AFS training;
3. the forthcoming AFS seminars and IMF free online courses; and
4. announcements.
11/14/2017
The latest issue of our quarterly bulletin, features:
1. the center’s capacity development activities during August – October 2017;
2. feedback from participants in AFS training;
3. the forthcoming AFS seminars and IMF free on-line courses; and
4. staff news.
03/15/2018
Accomplishments of AFRITAC South countries in National Account Statistics.
03/15/2018
AFRITAC South seminar on revenue administration leadership from March 19 to 23, 2018 held in Livingstone, Zambia.
03/15/2018
Opening Remarks by Mr. W.L Manungo, Secretary for Finance and Economic Development, Zimbabwe
03/15/2018
The 9th Steering Committee of the International Monetary Fund's Regional Technical Assistance for Southern Africa (AFRITAC South) met in Victoria Falls on March 14-15, 2018
02/12/2018
The latest issue for our quarterly bulletin, features:
1. the center’s capacity development activities during November 2017 – January 2018;
2. feedback from participants in AFS training;
3. the forthcoming AFS seminars and IMF free on-line courses; and
4. announcement.
08/07/2017
This issue of the quarterly bulletin, in addition to the quarter’s capacity development activities, features:
1. An interview with the outgoing Australian High-Commissioner on her three-year close
collaboration with AFRITAC South and the Africa Training Institute (p. 1)
2. A box on Madagascar’s release of rebased national accounts (p. 1)
3. A quote commenting on the peer-to-peer attachment featuring Lesotho and Swaziland
(p. 5)
4. A box on the Bank of Mozambique’s modernization project (p. 6)
02/06/2017
In the past nine months AFS executed 71 percent of its planned annual technical assistance (TA) and training, transmitted over 75 TA reports, and conducted 13 regional seminars/courses. In addition, it delivered a number of tailored workshops and on the-job training during field visits. With increased traction in most countries and additional regional activities, the volume of TA is expected to exceed the initial plan by over 10 percent.
11/16/2018
The latest issue of our quarterly Bulletin features:
1. the center’s capacity development activities during August - October 2018;
2. feedback from participants in AFS training;
3. the forthcoming AFS seminars and IMF free online courses; and
4. announcements.
10/31/2017
Opening Address by Mr. D. Paligadu, Director, Mauritius Ministry of Finance and Economic Development at the Seminar on Prevention and Management of Government Expenditure Arrears
11/27/2017
Opening address by Mr.Yandraduth Googoolye, First Deputy Governor of the Bank of Mauritius at the workshop on Legal Aspects of Financial Market Infrastructures
11/07/2016
During the first six months of FY17 AFS executed some 256 field person-weeks of TA, representing 46 percent of the plan, transmitted over 55 TA reports and conducted eight regional seminars/courses. These were supported by tailored workshops and on-the-job training during field visits. Based on current information, the center is expecting to exceed the volume of TA delivery during FY17 , which broadly reflects increased traction in some countries.
05/06/2016
The AFS Steering Committee met in Ebene, Mauritius, on March 31- April 1. It endorsed the work plan for FY17, including greater flexibility for the reallocation of resources during implementation, thereby allowing AFS greater agility and responsiveness for improving execution. The FY17 work program will continue to be integrated with IMF HQ-led TA and will complement development partner initiatives in AFS member countries.
02/23/2016
Public Financial Management: AFS TA supported countries to further improve budget and fiscal frameworks, strengthen inter-agency coordination, and make progress towards improving fiscal transparency, reporting, and risk management (Botswana, Lesotho, Mauritius, Madagascar, Mozambique, and Zambia).
08/05/2016
This bulletin is an update on the implementation of the FY17 work plan in the first quarter (May -July 2016). AFS delivered some 122 field person-weeks of technical assistance (TA) across member countries, transmitted 29 TA reports to government agencies, and conducted four regional seminars in addition to the tailored workshops and on-the-job training provided during TA field visits/missions.
05/10/2017
AFS concluded FY17 with a higher volume of TA delivery – mainly supported by good traction in most AFS countries and more regional initiatives, including regional seminars and peer learning activities.