Soshanguve High School gutted by fire
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Mboweni to approach World Bank, IMF if SA runs out of funds to fight COVID-19
Following weekend reports that Finance Minister Tito Mboweni would take advantage of any funding made available by the IMF and the World Bank, he said that no talks had started for now.
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World Bank offers $60m to Kenya to fight coronavirus outbreak
The funding will improve surveillance, laboratory services, isolation units, equipment, supplies and communication to help mitigate the virus in Kenya, the World Bank said on Twitter.
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World Bank to lower global growth forecast over virus outbreak
The World Bank last month forecast a rebound in global growth this year after the easing of trade tensions between the US and China that had contributed to a decline in 2019.
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World Bank cuts SA's growth forecast over load shedding - report
It now expects the economy to expand by 0.9% this year.
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Baleka Mbete: The World Bank is not God
Baleka Mbete interviewed by international news network Al Jazeera on whether the African National Congress had betrayed the late Nelson Mandela’s legacy.
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World Bank sees Egypt economy growing 5.8% in 2019/20
The World Bank inched up its growth estimate for Egypt’s gross domestic product (GDP) in the last fiscal year to 5.6% from 5.5%, matching the government’s figure. Egypt’s fiscal year starts on 1 July.
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World Bank cuts Sub-Saharan Africa's 2019/2020 growth forecast
The bank said the region’s economy was expected to grow 2.6% this year, from a 2.8% projection in April. It said growth would rise to 3.1% in 2020 and 3.2% in 2021.
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World Bank cuts Sub-Saharan Africa's 2019, 2020 growth forecast
Nigeria, South Africa and Angola, which make up about 60% of sub-Saharan Africa’s annual economic output, are all facing various impediments, the bank said.
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Somalia economic growth likely to inch up this year, World Bank says
The Horn of Africa country has been in turmoil since 1991 when clan warlords overthrew President Siad Barre and then turned on each other.
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Pandemic bonds face scrutiny after Ebola outbreak yet to trigger payout
Payouts are triggered once a virus outbreak crosses an international border and claims at least 20 lives in each of at least two countries.
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Water quality: The world's 'invisible crisis'
World map of water quality around the world based on an index of key indicators from 2000 to 2010, according to a World Bank study.
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Africa poses critical challenge for World Bank, IMF
And the problem will only accelerate as the population on the continent grows in the coming decades.
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IMF/World Bank: 75 years as the world's financial firefighters
The IMF and World Bank were created 22 July, 1944 in the shadow of World War II to help rebuild Europe and later Japan, and to try to head off the kind of economic strife that had led to the war.
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President Ramaphosa pleased with G20 summit outcomes
President Cyril Ramaphosa said that the world leaders have affirmed their commitment to the implementation of the 2030 agenda for sustainable growth.
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World Bank, AfDB commit $47 bn to African climate finance
Many countries on the continent, especially those on the coast, are among the most vulnerable to the effects of climate change.
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South Africa's economy to grow to 1.3% in 2019 - World Bank
In its latest report, the bank projected South Africa’s economic growth at 1.7% in 2020.
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World Bank President Jim Yong Kim announces resignation
World Bank CEO Kristalina Georgieva will serve as interim president upon Kim's 1 February departure.
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World Bank promises $200bn in 2021-25 climate cash
The World Bank said the move represented a 'significantly ramped up ambition' to tackle climate change.
