Eskom is load shedding SA's GDP - World Bank

2015-04-14 10:55

Eskom's electricity crisis has “very severe” implications for growth prospects for South Africa, according to the World Bank.

World bank admits Chinese bank pressure

2015-03-30 11:30

A World Bank Group executive has admitted the bank is under pressure to reform as more countries are joining a new China-backed investment bank.

Herman Mashaba on Budget 2015: What would Nene do if SA had real shareholders?

2015-02-27 12:30

One of SA’s leading entrepreneurs, Herman Mashaba, wonders what shareholders would do to a CEO who dropped his growth target 25% just five months after setting it.

Investments in water in poor nations give big benefits

2015-02-09 09:07

Investing to provide drinking water for 750 million people in poor nations who lack clean supplies makes clear economic sense with bigger than expected health benefits, World Bank estimates show.

Ebola economic impact to be less severe - W Bank

2015-01-20 18:30

The economic impact of Ebola on African economies in 2015 will be less severe than previously thought, the World Bank says.

Zim gets $108m for electricity

2014-12-10 17:30

Zimbabwe has received a $108m grant from the African Development Bank to improve electricity and water supplies.

Ebola to push Guinea, Sierra Leone into recession: World Bank

2014-12-02 08:18

The World Bank says that the fallout from the deadly Ebola pandemic will push Guinea and Sierra Leone into recession next year.

World Bank proposes global epidemic fund

2014-11-18 19:00

World Bank chief Jim Yong Kim has called for the creation of an international emergency fund for epidemics in the wake of the Ebola outbreak in west Africa.

SA policies lift 3.6m out of poverty - report

2014-11-04 17:23

South Africa's fiscal policies lifted 3.6 million people out of poverty in 2010/11, a World Bank report has found.

5 000 more health workers needed in Ebola fight

2014-10-29 06:13

The Ebola outbreak in West Africa requires at least 5 000 additional health workers, World Bank President Jim Yong Kim says.


Sub-Saharan Africa growth to slow in 2015

2015-04-13 17:00

The World Bank cut its forecast for gross domestic product growth for sub-Saharan Africa to 4% in 2015 from 4.5% in 2014 due to fall in oil and other commodity prices.

An in-depth look at how the US and China are fighting over Africa

2015-03-04 10:05

Africa has traditionally been considered a US sphere of influence. This article discusses how China has been fighting the US for influence, friends, and resources in Africa.

Zimbabwe, Zambia to repair Kariba Dam

2015-02-20 22:25

Urgent repairs to avert the collapse of the gigantic, power-generating Kariba Dam between Zimbabwe and Zambia will begin this year.

Oxfam: Marshall Plan needed for Ebola-hit Africa

2015-01-27 20:54

Ebola-hit west Africa needs a multi-million dollar recovery plan similar to that of war-ravaged Europe in the 1940s, Oxfam has claimed.

World Bank urges Egypt to make reforms

2014-12-16 12:30

A senior World Bank official has called on Egypt to implement promised legal and bureaucratic reforms ahead of an international conference.

Prince William condemns wildlife trafficking

2014-12-09 10:28

Prince William has sharply denounced the rapid growth of illegal wildlife trading worldwide and announced a task force to examine the transportation industry's role in such crimes.

Ebola's economic impact may be less - WB

2014-11-19 15:58

The cost of the Ebola epidemic on Sub-Saharan Africa's economy is likely to be closer to $3-$4bn, rather than an estimated $32bn, says a World Bank economist.

Gulf energy subsidies worth $160bn a year

2014-11-05 09:45

Arab states in the Gulf, which pump a fifth of the world's crude oil, spend more than $160bn on energy subsidies annually, a top World Bank official says.

Somalia seizes weapons ship

2014-10-29 23:16

Somali security forces have intercepted a vessel carrying explosives that appeared to be intended for use by the radical Islamist group al-Shabaab.

We’re losing fight against Ebola - World Bank

2014-10-18 09:11

The World Bank has warned the fight to stop Ebola was being lost, as the UN pleaded for more money to combat the escalating epidemic and global travel fears mounted.

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