Download logoToday, the Cabinet Secretary for Health, Dr. Nakhumicha S. Wafula, hosted a group of elected leaders from the Nyanza region to discuss critical health-related issues. During the courtesy call, the leaders discussed equipping health facilities, providing technical and personnel support, and delivering quality healthcare to locals. Cabinet Secretary for ICT, Eliud … [Read more...] about Kenya: Health Cabinet Secretary hosts Elected leaders to discuss critical health matters
Africa
South Africa: Staff Concluding Statement of the 2023 Article IV Mission
Download logoAn International Monetary Fund (IMF) team led by Papa N’Diaye visited South Africa on March 1-17 to hold meetings with the economic authorities and other counterparts from the public and private sectors for the 2023 Article IV annual consultation. Discussions focused on policies to ensure macro-financial stability and the far-reaching reforms needed to … [Read more...] about South Africa: Staff Concluding Statement of the 2023 Article IV Mission
Egypt: World Bank Group Launches New Partnership Framework to Support Green, Resilient, and Inclusive Development
Download logoThe World Bank Group Board of Executive Directors yesterday approved a new Country Partnership Framework (CPF) for Egypt, laying out the World Bank Group’s strategy in the country for FY2023–2027. The new CPF aligns with the Government of Egypt’s Sustainable Development Strategy (SDS), “Egypt Vision 2030,” and the National … [Read more...] about Egypt: World Bank Group Launches New Partnership Framework to Support Green, Resilient, and Inclusive Development
President El-Sisi Speaks with King of Bahrain
Download logoToday, President Abdel Fattah El-Sisi spoke by phone with His Majesty King of Bahrain, King Hamad bin Isa Al Khalifa. The Spokesman for the Presidency, Counselor Ahmed Fahmy, said the King of Bahrain extended his greetings to the President on the occasion of the holy month of Ramadan and wished Egypt and the two peoples progress and prosperity. … [Read more...] about President El-Sisi Speaks with King of Bahrain
When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
Banks are in the news again. Two bank failures in the US, and the forced takeover of Credit Suisse by UBS in Switzerland, have triggered the worst turmoil in the banking sector since the 2008 financial crisis. There’s talk of a lack of trust, of a collapse in confidence, of contagion and systemic risk. Jannie Rossouw explains why they’re concepts worth understanding. Trust The … [Read more...] about When banks go bust: the four factors at play – trust, confidence, contagion and systemic risk
