X
06:44Last update on: 13 Aug 2013
The Namibian
Tue 13 Aug 2013
SMS Of The Day * MINISTRY of Gender and Child Welfare, TEARS are rolling down as I write this SMS. The killing of women in Namibia is now like reciting a poem. Are we really getting the protection we deserve while women not being treated as part of this c Food For Thought * SO the Zimbabwe elections were free and peaceful and not free and fair? Bouquets And Brickbats * NURSES at Katutura Hospital must stop wearing those big plastic sandals at work because they are not the official working shoes. We want to see you looking smart and beautiful with your full uniform. SMS Of The Day * THIS nation is in dire need of a massive conference on housing. When we experienced a crisis in the education sector a crisis-control brain-storming conference was organised which resulted in the best deal ever for the Namibian child, nam Food For Thought * BOURGEOISIE has become a daily occupation if not the order of the day of the upper-echelons, President Hifikepunye Pohamba we urge you to revisit this unpatriotic geocentricism among your staff and the well-connected, for everybody to r Bouquets And Brickbats * COMMISSIONER of Prisons, can you please explain the strategies you use to appoint officers to certain positions? It is my observation that you are being fed with wrong information then you just promote individuals without making p SMS Of The Day * I THINK Paulus ‘The Rock’ Ambunda lost his belt because of this promoter and trainer. How can a world champion still be training at the Katutura Youth Complex where there is not enough equipment. I think they must follow the example of Ha Food For Thought * NAMIBIA Dairies are unable to match low prices of imported milk and this ultimately means the consumer will have to pay more for local milk. Look at the prices of the local chicken. All these profits are going in the pockets of a few in Bouquets And Brickbats * I AM pleased to hear that Cabinet has responded positively to the proposal of Namibia Dairies to support the industry. The restrictions which support the industry by reducing competition to ensure the survival of the industry is a SMS Of The Day * CEO’s golden handshakes. Somewhere on our statute books there must be a provision that if a board of directors suspends/dismisses a CEO without due regard to legal provision (substantive/procedural law) such board must carry the costs for Food For Thought * JACKY Asheeke was so right with her last column- why are the fathers of the dead children not being prosecuted? (Reference to the children who died in shack fires last week) Our justice system still protects men over women. In this cont Bouquets And Brickbats * ALEXACTUS Kaure, your column in Friday’s newspaper opened my eyes. One hardly finds impartial case study analysers in Namibia. Let’s not destroy the Polytechnic’s strong foundation (Tjivikua) as yet. At least wait until the transf
POLL
What do you think of the renaming and addition of regions and constituencies?
Results so far:
Older Polls
BUSINESS - ECONOMY
| 2013-08-01
World Bank mobilises record support for Africa
STAFF REPORTER
THE World Bank Group committed a record US$14,7 billion in the 2013 fiscal year to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
“The continent has shown remarkable resilience in the face of a global recession and continues to grow strongly,” said Makhtar Diop, World Bank Vice President for the Africa Region. “Africa is at the centre of the World Bank Group 2030 goals of ending extreme poverty and promoting shared prosperity, in an environmentally, socially, and fiscally sustainable manner.”
The World Bank approved US$8,25 billion in new lending for nearly 100 projects for the 2013 fiscal year. These commitments include a record US$8,2 billion in zero-interest credits and grants from the International Development Association (IDA), the World Bank’s fund for the poorest countries. This is the highest level of new IDA commitments by any region in the Bank’s history.
IFC’s total commitment volume in Sub-Saharan Africa, including mobilisation, grew to a record US$5,3 billion, 34% more than the year before. Similarly, IFC’s spending on Advisory Services programmes in the region increased to more than US$65 million, about 30% of IFC’s total. Supporting developmentally beneficial foreign direct investment into Sub-Saharan Africa is a priority for the bank in 2013.
THE World Bank Group committed a record US$14,7 billion in the 2013 fiscal year to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.
“The continent has shown remarkable resilience in the face of a global recession and continues to grow strongly,” said Makhtar Diop, World Bank Vice President for the Africa Region. “Africa is at the centre of the World Bank Group 2030 goals of ending extreme poverty and promoting shared prosperity, in an environmentally, socially, and fiscally sustainable manner.”
The World Bank approved US$8,25 billion in new lending for nearly 100 projects for the 2013 fiscal year. These commitments include a record US$8,2 billion in zero-interest credits and grants from the International Development Association (IDA), the World Bank’s fund for the poorest countries. This is the highest level of new IDA commitments by any region in the Bank’s history.
IFC’s total commitment volume in Sub-Saharan Africa, including mobilisation, grew to a record US$5,3 billion, 34% more than the year before. Similarly, IFC’s spending on Advisory Services programmes in the region increased to more than US$65 million, about 30% of IFC’s total. Supporting developmentally beneficial foreign direct investment into Sub-Saharan Africa is a priority for the bank in 2013.
Comment on this article
www.weatherphotos.co.za
Windhoek
7°
24°
0mm
Walvis Bay
8°
22°
0mm
Oshakati
8°
31°
0mm
Keetmanshoop
1°
17°
0mm
Grootfontein
2°
27°
0mm
Gobabis
5°
24°
0mm
(August 12)
View more ...