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World Bank cuts SA’s GDP forecast due to load shedding

9 January 2020, 12:32 PM

The World Bank has cut economic growth for South Africa to below one percent for 2020 due to electricity concerns.

World Bank

World Bank cuts Sub-Saharan Africa’s growth forecast

15 October 2019, 6:24 AM

In a report released earlier this week, the World Bank said growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms.

New IMF chief says trade tensions could cut global GDP by $700 billion

9 October 2019, 11:52 AM

Trade disputes are taking a toll on the global economy, substantially weakening manufacturing activity and investment and holding back economic potential, Kristalina Georgieva, new chief of the International Monetary Fund (IMF), said on Tuesday.

A person dressed in Ebola protective apparel is seen inside an Ebola care facility at the Bwera general hospital near the border with the Democratic Republic of Congo.

World at risk of pandemics that could kill millions, panel warns

18 September 2019, 5:45 AM

The Global Preparedness Monitoring Board, co-convened by the World Bank and WHO, warned that epidemic-prone viral diseases like Ebola, flu and SARS are increasingly tough to manage in a world dominated by lengthy conflicts, fragile states and forced migration.

Sudan's new Prime Minister in the transitional government Abdalla Hamdok, speaks during a Reuters interview in Khartoum, Sudan.

Sudan needs up to $10 billion in aid to rebuild economy: PM

25 August 2019, 7:11 AM

Sudan PM Abdalla Hamdok an economist, who has worked for the UN Economic Commission for Africa, said he had started talks with the IMF and the World Bank to discuss restructuring Sudan’s crippling debt.

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