Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 804 for query «imf»

November 18, 2018 11:01 PM From Marxist to Thatcherite – Zimbabwe Vigil Diary

The most reviled / revered British Prime Minister of the past half century has been championed in the pages of the influential London newspaper the Financial Times by none other than Emmerson Mnangagwa. In the face of fierce opposition, Mrs Thatcher forced through sweeping changes which paved the way for strong economic growth. President Mnangagwa obviously 47

October 18, 2018 2:00 PM Afreximbank loans Zimbabwe $500 million as dollar crisis worsens

The African Export Import Bank (Afreximbank) says it is finalising a $500 million loan facility for Zimbabwe, to help secure the foreign-currency starved southern African country’s imports. Zimbabwe is experiencing a shortage of foreign currency, blamed mainly on a huge trade deficit caused by the collapse of its key agriculture and manufacturing sectors 34

October 11, 2018 1:50 AM Mamamah airport: Sierra Leone cancels China-funded project

Sierra Leone has cancelled a $400m (£304m) Chinese-funded project to build a new airport outside the capital Freetown. Former President Ernest Bai Koroma signed the loan agreement with China before he lost elections in March. At the time, the World Bank and the IMF warned that the project would impose a heavy debt burden. The decision comes amid concern 58

October 30, 2017 3:43 PM Zimbabwe economy set for 3.5% growth

Zimbabwe's economy is expected to register a 3.5 percent growth rate next year in line with Sub-Saharan Africa regional economic outlook trends. The projected economic growth for Zimbabwe is being made in line with efforts by fiscal and monetary authorities to increase business confidence. Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya told financial 50

October 21, 2017 3:57 PM Biti Unmasks Hopeless Chinamasa

Former Finance minister Tendai Laxton Biti has no kind words for President Robert Mugabe’s government which he said cannot be expected to fix Zimbabwe’s problems and he tells Deputy Chief Writer Tendai Kamhungira in this interview that it would be foolhardy to expect the regime to mend the economy when it is responsible for its current mess. A: I think 55

October 15, 2017 6:54 PM Introducing the next president of Sierra Leone

After a long and somewhat protracted battle to select the flagbearer of the ruling party for the coming Presidential elections, the APC party of President Ernest Bai Koroma has chosen a seasoned administrator and one time World Bank Executive who has served in various capacities under several administrations as its next leader. Dr. Samura Kamara, who until 116

October 14, 2017 6:17 PM Zimbabwe needs bold economic reforms: US envoy

HARARE – Zimbabwe needs to implement comprehensive and bold economic reforms and get rid of corruption for the economy to get back on track, United States ambassador to Zimbabwe Harry Thomas Junior has said. He spoke as the economy is imploding, blighted by critical foreign currency shortages and the central bank has issued “bond notes,” a domestic 119

October 7, 2017 9:40 AM Irony of Kenya spending billions on school children who cannot read, write or count

There is urgent need for smarter investment to raise academic minimum proficiency levels. Spending too much money on education has little to do with learning outcomes. New statistics released last week by the United Nations Educational Scientific and Cultural Organisation Institute for Statistics (UIS) reveal that more than 617 million children and adolescents 112

October 2, 2017 12:00 PM DIARY-Political and General News Events from Oct 2

MONDAY, OCTOBER 2 ** WASHINGTON - U.S. President Donald Trump and Thailand Prime Minister Prayut Chan-o-cha hold talks at White House. ** MUSCAT - Iran Foreign Minister Mohammad Javad Zarif to visit Muscat, Oman (to October 3). ** DUBAI - Prince Andrew, Duke of York, will visit the United Arab Emirates (to October 5). MUNICH – 184th Munich Oktoberfest 88

September 10, 2017 2:34 PM Emmerson Mnangagwa and Robert Mugabe: Lords of the troublesome tokoloshes

Of all the things I loved about my job in Harare after the turn of the century, the people I worked with made every second at work worth it. I enjoyed the communality of fresh fellowships and ever-fresh novelty of cultural diversity. I enjoyed the togetherness that our work environment induced and appreciated the inspirational energy life in Harare emitted 59