HARARE, Feb. 1 (Xinhua) -- The World Bank (WB) has warned that climate change could erode up to 12 percent of Zimbabwe's gross domestic product (GDP) annually if the country does not implement robust measures to tackle the phenomenon. In its latest Zimbabwe economic update report launched ...
Zimbabwe became a member of both the World Bank and IMF shortly after independence in 1980. It is therefore one of their newest members, although followed by Mozambique and Angola which were in effect forced into membership as a result of the failure (or destruction) of their early socialist ...
The World Bank, a global financial institution, has urged Zimbabwe to establish an insurance scheme for workers in the informal sector. The recommendation includes utilizing the mobile money ecosystem as a safety measure to protect vulnerable groups in the country.An analysis revealed the diverse ...
HARARE — THE World Bank Group (WBG) has lauded Zimbabwe for reviving its economy despite the prevalence of the coronavirus (COVID-19). Dr Taufila Nyamadzabo, WBG Executive Director for Africa (Group 1 Constituency) said Zimbabwe's strategies were worthy
The World Bank says Zimbabwe’s economy grew by 5,1 percent in 2021, a significantly higher estimate than the bank’s earlier projection 3,9 percent, a position which affirms the economy’s strong growth potential despite the Covid-19 pandemic. Zimbabwe’s resilient economy is firmly on ...
HARARE, Sept. 27 (Xinhua) -- The World Bank on Wednesday said it will offer technical support to Zimbabwe as it seeks to implement a debt arrears clearance plan, dubbed the Lima plan agreed with global lenders in Peru in 2015. Zimbabwe owes the World Bank over 1 billion U.S. dollars ...
The analysis is located in the context of Namibia's long‐standing integration with the economy of South Africa, its present membership of the Southern African Customs Union, and its...doi:10.1080/03056249208703943StonemanColinReview of African Political Economy...
THE World Bank has said it was impressed by Zimbabwe's public reform systems, saying the "reforms in Zimbabwe can also be a model to follow by other countries in the region, or the world." The World Bank also notes how "a recently elected government has created substantial public expectatio...
The World Bank says Zimbabwe’s economy grew by 5,1 percent in 2021, a significantly higher estimate than the bank’s earlier projection
The World Bank has commended the Government’s economic revival framework and noted that Zimbabwe is poised to register economic