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
- Current IMF membership: 190 countries
- South Africa joined the Fund on December 27, 1945
- Quota: SDR 3051.2 million
- The latest Article IV consultation was discussed by the Executive Board on July 25, 2018 (Country Report 18/246)
News and Highlights
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Six Charts on Inequality in South Africa
South Africa suffers among the highest levels of inequality in the world when measured by the commonly used Gini index. Inequality manifests itself through a skewed income distribution, unequal access to opportunities, and regional disparities. Low growth and rising unemployment have contributed to the persistence of inequality.
January 30, 2020
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Fostering Growth and Inclusion in South Africa
A Conversation with Ana Lucía Coronel (IMF mission lead for South Africa)
January 29, 2020
Fraudulent Scam Emails Using the Name of the IMF
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
IMF's Work on South Africa
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January 13, 2021
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Mobile Phone Ownership and Welfare: Evidence from South Africa’s Household Survey
October 30, 2020
Author/Editor:Ken Miyajima
Series:Working Paper No. 20/222 -
October 27, 2020
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Regional Economic Outlook, October 2020, Sub-Saharan Africa : A Difficult Road to Recovery
October 22, 2020
Author/Editor:International Monetary Fund. African Dept.
Series:REO -
Market Power, Growth, and Inclusion: The South African Experience
September 25, 2020
Author/Editor:Vimal V Thakoor
Series:Working Paper No. 20/206
Departmental Papers on Africa
The Departmental African Paper Series covers research on Sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.