Development

Press Release No. 08/313

An International Monetary Fund (IMF) mission, headed by Ms. Wipada Soonthornsima, visited Windhoek to conduct the 2008 Article IV consultation discussions. Meetings were held with Prime Minister Nahas Angula, Minister of Finance Saara Kuugongelwa-Amadhila, Bank of Namibia Governor Thomas Alweendo, senior government officials, members of parliament, the private sector, labor unions, and the academic and donor communities.

The mission issued ...

By Jeff Miller

Reserve Bank of Zimbabwe governor Gideon Gono claimed this week that some 2,000 syndicates were smuggling diamonds and gold out of the country.

He called upon the government and stakeholders to help curb smuggling activities so that Zimbabwe could benefit from its own natural resources.

Those involved in the smuggling activities were depriving Zimbabwe of billions of dollars in much needed foreign currency, he ...

By Nthambeleni Gabara

Johannesburg - Everyone can make a difference in the lives of those who are less fortunate in life, says Malaak Compton-Rock, wife of American actor and comedian Chris Rock, who is currently in South Africa.

The founder of the Angel Rock Project is here to bring support to the community of Diepsloot and the residents of Soweto in the form of food parcels and volunteer work.

“Everyone can make a difference in the lives of our ...

By Michael Appel; tel: 012) 314-2419

Johannesburg - Despite a global economic slowdown, resulting largely from rising food and fuel prices, South Africa's economy is resilient enough to deal with the unfolding current economic climate.

"We have a much stronger economy today then we did 10 years ago and increasingly we are showing resilience to global economic dips.

"We do not believe our economy has reached a cul-de-sac,” ...

By Edwin Tshivhidzo, tel: (012) 314-2454



Johannesburg – South Africans need to be taught how to sustain themselves to address poverty in communities, says Operation Hunger Deputy Chair, Dr Selma Browde.

Addressing the media in Johannesburg on Wednesday, Operation Hunger Deputy Chair, Dr Selma Browde, said people needed to be encouraged to have their own gardens to sustain themselves.

“We need to harness the energies of everyone ...