Category: Financials

Tanzania Presidential aspirants challenged to state their positions on pensions

Tanzania Presidential aspirants challenged to state their positions on pensions

Dar es Salaam, 17th October 2015: Contestants in the presidential and parliamentary elections in Tanzania have been challenged to expound their visions and policies towards old age before the polling date. Speaking at a meeting in Dar es salaam on Monday and attended by HelpAge International, Older persons and the media, Smart Daniel who is the Deputy Country Director, HelpAge […]

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Alarming news: Global Economic weakness to last into 2016

Alarming news: Global Economic weakness to last into 2016

  A relentless deceleration in the economies of the developing world will cause global growth to slow this year and only pick up a bit more pace in 2016, the head of the International Monetary Fund said on Wednesday. In a speech that previewed a report on global growth due next month, IMF Managing Director Christine Lagarde held back from giving […]

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Social Safety Nets Expand in Developing Countries, But Majority of the Poorest Still Lack Coverage

Social Safety Nets Expand in Developing Countries, But Majority of the Poorest Still Lack Coverage

WASHINGTON, July 7, 2015 - A growing number of developing countries are investing in social safety nets to improve the lives and livelihoods of billions of poor and vulnerable people, yet around 55 percent of the world’s poor or 773 million people with acute needs still lack safety net coverage – especially in lower-income countries and in urban areas-and countries must take […]

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Malawi takes key step to advance digital payments and drive inclusive growth

Malawi takes key step to advance digital payments and drive inclusive growth

Government, private sector, mobile operators and development organizations convene to establish a plan for the future LILONGWE, Malawi, April 30, 2015 Today, Malawi took a significant step towards creating a digital payment ecosystem in order to address poverty and drive inclusive growth. An event organized by the Government of Malawi with the United Nations Capital Development Fund’s (UNCDF) Better Than […]

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Ask your questions LIVE to the Chief Executive of The Mauritius Commercial Bank (MCB)

Ask your questions LIVE to the Chief Executive of The Mauritius Commercial Bank (MCB)

The Chief Executive of MCB, the largest bank in East Africa, will host an online press conference Wednesday 11th March 2015 at 11 a.m. GMT PORT-LOUIS, Mauritius, March 6, 2015/ – The Chief Executive of MCB (http://www.mcb.mu), the largest bank in East Africa, will host an online press conference Wednesday 11th March 2015 at 11 a.m. GMT to provide updates on the strategy of the Mauritius […]

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Despite Progress Much More Must Be Done To End Poverty- Global Monitoring Report 2014/2015

Despite Progress Much More Must Be Done To End Poverty- Global Monitoring Report 2014/2015

“The world has made great progress in the last quarter-century in reducing extreme poverty – it was cut by a stunning two-thirds – and now we have the opportunity to end poverty in less than a generation,” said World Bank Group President Jim Yong Kim. WASHINGTON, October 8, 2014 – Much more work needs to be done to end poverty […]

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Mr Sim Tshabalala, Chief Executive of Standard Bank Group, Africa’s largest bank by assets and market valuation

Investment environment key to closing Africa’s energy gap, says Standard Bank

Standard Bank and General Electric today reaffirmed their commitment to Africa at a power financing roundtable held in Washington DC JOHANNESBURG, South-Africa, August 5, 2014/ — Standard Bank – Africa’s largest lender by assets, and General Electric today reaffirmed their commitment to Africa at a power financing roundtable held in Washington DC. The partnership sees both parties aiming to bridge […]

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