Tag: World Bank

NEWS

World Bank projects economic recovery for South Africa

The South African Government is embracing the latest findings from the World Bank, which indicate a promising economic outlook for the nation, reports Cape {town} Etc. According to the assessment, South Africa’s economy is expected to grow by 1.3% in 2025, buoyed by a more dependable electricity supply, a bountiful agricultural harvest, and a notable […]

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NEWS

World Bank approves R15.9 billion loan to revive SA cities

The World Bank has approved a R15.9 billion loan to South Africa to underpin a six-year urban renewal programme aimed at restoring municipal services and boosting city resilience, reports Cape {town} Etc. According to Business Insider Africa the funding will support performance-based investments in essential services such as water supply, electricity distribution and solid-waste management, […]

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