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

Search results

1-10 results from 1000 for query «world bank»

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 5, 2018 7:15 AM Judge faces sack over ‘bereavement’ bribe

A senior Nigerian judge falsely claimed he had suffered a bereavement to get cash from litigants and lawyers appearing in his court, the country’s main judicial body said on Thursday. James Agbadu-Fishim “received various sums of money from litigants and lawyers that had cases before him and some influential Nigerians under the false pretence that he was bereaved 18

September 15, 2018 8:37 PM Who is Professor Mthuli Ncube?

Professor Mthuli Ncube is a financial, economics, investment, and public policy expert. He has vast experience and worked in the private sector, public sector, academia, and international financial institutions. He is a citizen of Zimbabwe. Professor Ncube divided his time between the private sector in Switzerland and academia in the United Kingdom 10

September 10, 2018 10:45 PM New Finance Minister eyes urgent reforms

Newly appointed Finance Minister Mthuli Ncube, has pledged extensive economic reform measures expected to begin with scrapping of Zimbabwe’s surrogate currency, bond notes and reining in Government spending to restore macro-economic stability and sustainable growth. Ncube, a professor of economics and finance, said he already had plans and a vision of what reform 27

September 1, 2018 7:00 PM Mzembi trial date set

The State has set November 19 and 29 as trial dates for former Cabinet minister Walter Mzembi who is facing a slew of corruption charges. Mzembi appeared before Harare magistrate Rumbidzai Mugwagwa represented by Job Sikhala yesterday. His trial on allegations of misappropriating funds meant for the 2013 United Nations World Tourism Organisation (UNWTO) 30

August 14, 2018 4:32 PM It’s not the economy

Over the years, local sports bodies and teams have cried out for funding and sponsorship ahead of crucial matches and assignments. Shortly before the 2017 Africa Cup of Nations (Afcon) finals, the Zimbabwe government had to fork out $1 million to bankroll the Warriors’ participation in Gabon. Just last month, Zimbabwe Cricket (ZC) announced they would 25

July 2, 2018 10:04 AM Zanu PF’s 4,5 million jobs lie

CLAIM: “In the 2013 People’s Election Manifesto, Zanu PF promised to create 2,2 million jobs. Over the past five years, 4,5 million people have been gainfully employed in new jobs in both the informal and formal sectors, with agriculture, mining and manufacturing contributing over 80%.” — Zanu PF 2018 Election Manifesto, page 54. Zimbabwe’s jobs data has long been a subject 25

July 2, 2018 3:22 AM Brilliant Cavani brace fires Uruguay into last eight

Uruguay forward Edinson Cavani scored a stunning brace to lead the South Americans to a 2-1 win over European champions Portugal in the World Cup round of 16 on Saturday and set up a quarter-final against France. Cavani switched play with a long cross to Luis Suarez and continued his run to head home a pinpoint deep cross from the Barcelona forward and give Uruguay 31

March 24, 2018 4:46 PM ‘Solve cash crisis to stabilise economy’

Former Simba Makoni top ally Harry Peter Wilson who recently formed his own party, the Democratic Opposition Party (DOP) has challenged President Emmerson Mnangagwa to solve the on-going cash crisis if he was sincere about stabilising the economy. This comes after long queues in the second largest city have been growing in the past few weeks. While Mnangagwa’s 18

March 9, 2018 8:21 PM State says not yet ready to try Mzembi

State says not yet ready to try Mzembi THE state this week asked for postponement of the case in which former cabinet minister Walter Mzembi is accused of stealing $1, 6 million to a later date saying investigations were still underway. Mzembi and his accomplices including Tourism and Hospitality ministry consultant Aaron Dzingira Mushoriwa, 62, and the ex-permanent 61