World Bank

World Bank

Business
The macro-research unit of global rating agency, Fitch Solutions, says Zimbabwe’s new monetary system is unlikely to lead to a rapid improvement in liquidity, adding that the country’s challenges will remain acute in the short-to-medium term. ...
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National News
THE World Bank yesterday announced that it had mobilised over half a billion dollars in new resources to help people in Mozambique, Malawi and Zimbabwe affected by Cyclone Idai. ...
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Business ZimDecides18
The World Bank says Zimbabwe is not reforming fast enough to improve its ease-of-doing business. ...
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News
GOVERNMENT, the World Bank and teachers’ unions are discussing proposals for possible registration of teachers under a profession council. ...
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Business
Zimbabwe has to urgently clear its arrears with the Bretton Woods Institutions and the African Development Bank (ADB) in order to access more lines of credit necessary to fund the economy, the World Bank has said. ...
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News
URGENT repairs to avert the collapse of the gigantic, power-generating Kariba Dam between Zimbabwe and Zambia will begin this year after the two neighbours signed $294 million in deals with international investors last Friday. ...
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News
THE World Bank has approved the establishment of Zimref to support private sector development, capacity building and policy dialogue among others. ...
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News
ZIMBABWE’S economic growth will only be sustainable if the country’s revenue proceeds from mineral resources are channelled towards poverty reduction. ...
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News
THE World Bank has painted a gloomy picture of Zimbabwe’s economic prospects this year saying the country is not likely to benefit from the rebound forecast for other sub Saharan African countries. ...
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Columnists Opinion & Editorials
In early November 2012, World Bank senior country economist Nadia Piffaretti called on government to anchor its medium-term economic growth plans largely on mining, and also on another extractive sector, agriculture. ...
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News
THE World Bank has said confidence in the country’s banking system has remained low due to failure by some locally-owned banking institutions and delays by government to convert the now worthless Zimbabwe dollar accounts into foreign currency accounts despite growing deposits. ...
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News
A FORMER World Bank official has advised the government to diversify the economy on the back of firm commodity prices, saying the mining sector alone would not pull the country out of poverty. ...
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News
THE World Bank has warned that anxiety over Zimbabwe’s forthcoming elections and lack of clarity on the indigenisation and empowerment policy made the economic outlook in the coming year gloomy despite enormous potential by the mining sector to drive the economy. ...
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News
FINANCE minister Tendai Biti says the government expects to sign a memorandum of understanding with the World Bank as plans to settle debt arrears. ...
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World Business
ZIMBABWE must model its economy along mining and agriculture driven Indonesian and Malaysia economies rather than the manufacturing sector-anchored China. ...
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News
WASHINGTON - Africa could avoid food shortages if it reduces the tangled web of rules, fees and high costs strangling regional food trade and by putting large swathes of uncultivated land to productive use, a World Bank report said on Wednesday. ...
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News
Oxfam on Wednesday called on the World Bank to stop financing large-scale land acquisitions so as to discourage foreign land grabs in developing countries. ...
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China’s Africa resource hunt lacks transparency
Chinese companies eyeing African mineral resources must stop making closed-door deals and become more transparent in their investments, a senior World Bank executive said on Tuesday. Ngozi Okonjo-Iweala, ...
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World Bank commits $2,7m to Zimbabwe
The World Bank is considering setting aside at least $2,7 million from its State and Peace Building Fund to rehabilitate Zimbabwe’s water supply and sanitation infrastructure next year, ...
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