world bank

  1. Hanno Labuschagne

    South Africa investigating flood insurance for major cities

    South Africa investigating flood insurance for major cities South Africa is studying whether some of its largest cities should take out flood insurance after a series of disasters in recent years led to bailouts from the government. The insurance being considered is parametric, a type of...
  3. Hanno Labuschagne

    World Bank calculates how much crime costs South Africa's economy

    World Bank calculates how much crime costs South Africa's economy Rampant crime in South Africa is costing the country at least 10% of its gross domestic product (GDP) annually and exacerbating already stark income inequality, a World Bank study found. For reference, South Africa's GDP reached...
  4. Hanno Labuschagne

    Eskom getting R19-billion unbundling loan from World Bank

    Eskom getting R19-billion unbundling loan from World Bank The World Bank said it will support South Africa’s transition to using cleaner forms of energy with a $1 billion (R19.19 billion) loan. The funding will help facilitate “restructuring of the power sector” through the unbundling of...
  5. Hanno Labuschagne

    Construction of key World Bank-funded coal rail line to Majuba disrupted by severe theft

    Construction of key World Bank-funded coal rail line to Majuba disrupted by severe theft A World Bank Group-funded effort to increase train access to a power plant in South Africa’s coal-rich region has started to significantly backslide as criminals target the country’s rail system...
  6. Jan

    Naked Insurance raises R290 million in Series B funding

    Naked Insurance raises R290 million in latest funding round South African insurtech company Naked has announced it raised $17 million (about R290 million) in its latest funding round. The World Bank Group's International Finance Corporation (IFC) led the Series B funding round. It is the...
    • Jan
    • Thread
    • alex thomson hollard insurtech international finance corporation (ifc) nakes world bank yellowwood
    • Replies: 9
    • Forum: Broadband and IT News
  7. Hanno Labuschagne

    Komati power station gets $497 million in funding for renewables switch

    Komati power station gets $497 million in funding for renewables switch A coal-fired plant in South Africa that shut its last unit this week secured $497 million (R8.96 billion) from the World Bank and other funders to generate renewable energy from the site, a project that will serve as a...
  8. Jan

    How cheap is South Africa's electricity prices?

    Eskom's CEO says electricity is too cheap — here is how South Africa's power prices compare South Africa's household electricity prices sit in the more expensive half of the global spectrum, with at least 85 nations paying less per kilowatt-hour, a MyBroadband analysis has shown. MyBroadband...
  9. Jan

    Eskom CEO holds talks on potential projects with World Bank

    Eskom CEO André de Ruyter in Washington D.C. to meet with World Bank The head of South Africa’s state power utility held discussions with the World Bank as it explores options for transitioning from coal-fired stations to cleaner sources of energy. Eskom Holdings SOC Ltd. Chief Executive...
  10. Kevin Lancaster

    World Bank to investigate ANC’s involvement in Medupi power plant contract

    World Bank to investigate ANC’s involvement in Medupi power plant contract The World Bank has confirmed that they will investigate any misuse of possible loans surrounding the controversial Hitachi contract for the Medupi power plant.
  11. jes

    DoC to host yet another broadband policy workshop

    DoC to host yet another broadband policy workshop South Africa’s Ministry of Communications will soon host an international broadband policy workshop
    • jes
    • Thread
    • department of communications (doc) international telecommunication union (itu) ministry of communications world bank yunus carrim
    • Replies: 3
    • Forum: Broadband and IT News
  12. jes

    Expensive Internet holding back South Africa's economic growth: DA

    Expensive Internet holding back SA economic growth The high cost of the internet in South Africa, along with a lack of access and slow connectivity hampers economic growth and job creation in the country.
    • jes
    • Thread
    • akamai dmma echo consultancy marian shinn world bank yunus carrim
    • Replies: 4
    • Forum: Broadband and IT News
  13. rpm

    Undersea cable plan tangled in acrimony

    http://mybroadband.co.za/news/Telecoms/1213.html
    • rpm
    • Thread
    • business day doc eassy ec&t act ifc ivy matsepe-casaburri landing rights lesley stones local ownership lyndall shope-mafole mohsen khalil world bank
    • Replies: 42
    • Forum: Broadband and IT News
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