World Bank President Jim Yong Kim announces resignation

2019-01-07 19:44

World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to expire.

World Bank touts private sector intervention in inequality, but MPs push back

2018-08-16 22:16

Private sector intervention is among the policy proposals by the World Bank to address South Africa’s inequality and poverty levels, however this has not been received well by some members of Parliament.

World Bank drops SA 2017 growth forecast

2017-09-19 15:16

The World Bank has downgraded South Africa’s 2017 growth forecast to 0.6% from 1.1% in January. Unless the economy starts growing, SA's poor will continue to live in grinding poverty.

Clinton in talks about World Bank job

2011-06-09 23:34

US Secretary of State Hillary Clinton has reportedly been in discussions to become head of the World Bank.


World Bank President: No objections to doubling climate change spend

2018-12-04 21:09

None of the 157 members of the World Bank Group have objected to plans to double investments in climate action, says World Bank President Jim Yong Kim.

Innovation could save SA’s economy – World Bank

2017-09-20 14:56

SA will need to boost productivity and attract more investment into research and development if it is to increase its economic output.

G20: Trump pledges $50m to help women entrepreneurs

2017-07-09 18:15

Donald Trump pledges $50m to women entrepreneurs fund spearheaded by Ivanka Trump, says daughter's life would be easier if she had a different dad.

'Crisis means poverty for 64 million more'

2010-11-19 13:11

Increased poverty is likely to persist in spite of its spending $80bn to cushion the effects of the global economic crisis, warns the World Bank.

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