Dave Steward: Statistical bikinis – Who ‘really’ holds Africa’s crown? SA sliding

2016-05-28 07:00

Dave Steward says there’s a need to be sceptical about statistics, as they are more important for what’s concealed than what’s revealed.

Africa’s #1 challenge: corruption. But words sans deeds lets evil flourish.

2016-05-13 12:40

Fighting corruption in Africa needs exposure as well as concerted action and follow-through, says an analyst writing from the WEF's African regional meeting.

Brian Kantor: A Marie Antoinette moment – let them eat more expensive bread

2016-04-14 07:15

Investec chief economist and strategist Brian Kantor takes a look at increases in wheat prices, which is at the core of the country’s staple food.

Africa needs electricity to achieve growth - World Bank

2016-01-12 11:57

Sub-Saharan Africa needs to address its power supply crisis if it is to achieve 4.2% growth in 2016, according to a report by the World Bank.

Less poverty in Africa, but numbers remain high

2015-10-16 20:45

Poverty has slightly eased in sub-Saharan Africa, but the population boom means the numbers living in extreme conditions remain stubbornly high, a study shows.

World Bank cuts Kenya’s growth forecast

2015-10-15 10:00

Volatility on Kenya’s domestic foreign- exchange market and the monetary policy response to calm those fears will damage the economic output, says the World Bank.

Zimbabwe says to clear $1.86bn arrears by next April

2015-10-09 12:14

Zimbabwe will clear arrears of $1.86bn to international creditors such as the IMF by the end of next April, the finance minister says, a major step towards unlocking new funding.

AfDB to help Zim clear arrears

2015-09-16 10:51

The African Development Bank is set to help Zimbabwe settle its arrears to the bank, the International Monetary Fund and the World Bank.

Load shedding drags down sub-Saharan growth - report

2015-07-08 19:24

The World Bank has made a 0.4% downward revision of sub-Saharan Africa's GDP growth because of SA's power crisis and the oil price drop.

World Bank aims to make Zim more investor-friendly

2015-06-12 07:46

The World Bank is helping to make Zimbabwe's operating environment more attractive for investors to pave the way for potential private sector financial packages.


World bank approves up to $5bn loan to Tunisia

2016-05-18 20:00

The World Bank has approved a five-year plan to lend Tunisia up to $5 billion to support economic reforms aimed at reviving growth and creating jobs.

Economic slump worries as IMF, World Bank pledge action

2016-04-17 20:00

World finance ministers have pledged to boost growth at IMF and World Bank Spring Meetings tainted by lingering worries about the dragging global economy crisis.

World Bank to invest $2.5 bn in education for girls

2016-04-14 06:24

US First Lady Michelle Obama has delivered a strong call for more education for women worldwide as the World Bank announced a new $2.5bn initiative to foster schooling for girls.

Lessons for SA? Ex-Georgian PM – rooting out corruption, growth in 5yrs

2015-11-05 07:15

Former prime minister of Georgia Nika Gilauri tells how government grew the country’s economy and increased per capita income fourfold in five years.

World Bank trims Kenya growth forecast for 2015, 2016

2015-10-15 12:32

The World Bank says it has trimmed Kenya’s growth forecast for this year and 2016, saying east Africa’s biggest economy is facing headwinds from currency volatility and tighter monetary policy.

World Bank concludes probe into Hitachi's Medupi contract

2015-10-13 21:16

No World Bank funds have been put at risk by the Hitachi contract for Eskom's Medupi project, the financial institution says.

Carbon pricing schemes double since 2012 in climate fight - World Bank

2015-09-21 18:03

The number of carbon pricing schemes worldwide has almost doubled since 2012 but most taxes or markets have prices too low to prevent damaging global warming, the World Bank says.

Africa loses R50bn every year in illicit flow of funds - Mbeki

2015-09-03 19:44

Africa loses more than R50bn every year as a result of the illicit flow of funds, former president Thabo Mbeki says.

World Bank clears $100m for Africa trade corridor

2015-06-25 19:00

The World Bank in a first-time move is clearing $100m to help Burkina Faso and Ivory Coast reduce mutual trade and transport costs on a key corridor.

World Bank report: Challenges loom for developing nations

2015-06-12 06:59

The World Bank has warned that developing countries, “an engine of global growth following the financial crisis”, could expect a bumpier ride in the year ahead.

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