Business

Washington, 16 July– Measuring effectiveness in implementing anti-money laundering rules and sharing that information with financial institutions are two of money regulators’ most important challenges, says a (US) Treasury Department official. Ensuring that other countries […]

Abidjan, 15 July– Landlocked Chad, one of the poorest countries in Africa, this week becomes an oil exporter as crude starts flowing down a 1,070 km pipeline to a floating export terminal off the coast […]

Johannesburg, 15 July– The Namibian government has reportedly blamed the country’s commercial farmers for the slow pace of land reform. The newspaper Republikein said on Monday that a report on land reform, presented by a […]

Johannesburg, 15 July– Soaring inflation, acute food shortages and a decline in foreign investment are seen as some of the factors contributing to Zimbabwe’s slip in this year’s human development rankings. According to the UN […]

Washington, 14 July– Chad’s petroleum project enters its production phase today with the first flow of oil from wells in the south of the country. Esso Explorations and Production Chad, Inc., the consortium drilling for […]

Washington, 8 July– The World Bank’s Board of Directors today approved an IDA Credit of US$18 million for capacity building activities in the mining sector and an IDA Grant of US$21 million for a multisectoral […]

Geneva, 2 July– Senior United Nations officials meeting today in Geneva stressed today that with nearly 75 per cent of the world’s poor living outside major urban centres, there was a real need to find […]

Budapest, 1 July– World Bank President James D. Wolfensohn welcomed a new approach endorsed by government leaders of Central and Southeast Europe to reduce poverty among Roma and include them in European society through better […]