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1-10 results from 802 for query «imf»

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 18

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 39

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 34

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 69

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 76

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 74

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 50

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 32

September 5, 2017 11:18 AM Some white farmers still hope to return to Zimbabwe

HARARE/JOHANNESBURG (Reuters) - Some of the thousands of white Zimbabwean farmers evicted from their land in the early 2000s by President Robert Mugabe’s supporters continue to hold out hopes of one day receiving compensation and returning to the country. “I know friends who have gone to Zambia, Britain, South Africa and Australia. They’d love to come back to Zimbabwe 19

August 15, 2017 8:44 AM Addressing manufacturing loopholes in Africa

Manufacturing is a vital engine of economic development, but Africa’s economies overall have underperformed. As Africa’s economies have grown and diversified over the past two decades, there has been a steady increase in manufacturing output — indeed, a rapid increase in Ethiopia and Tanzania, in particular. Nevertheless, Africa’s growth in manufacturing 17