The crisis-hit government of Swaziland agreed a 2.4 billion rand ($324 million) loan from South Africa in August, which will be conditioned on the adoption of IMF-recommended fiscal reforms.
South Africa
IFI governance
News
South Africa gains the extra seat on World Bank board
Renosi Mokate, former deputy governor of the South African Reserve Bank, has been elected to the World Bank's board of executive directors.
Environment
Commentary
Eskom loan blackens the World Bank's name
The World Bank, Business Unity South Africa and the African National Congress got their way with a major loan for Eskom, the national power authority, despite broad based opposition from local people, the poor, community organisations, the churches, unions, and environmental and social justice NGOs locally and globally.
Infrastructure
News
World Bank energy lending causes uproar
Debate about the World Bank energy portfolio and its impacts on climate change has reached the boiling point with hundreds of civil society organisations campaigning against the Bank's $3.75 billion loan for a new coal plant in South Africa.
Environment
News
Human rights landmark in ICSID tribunal
For the first time ever, a tribunal of the World Bank's International Centre for Settlement of Investment Disputes (ICSID) will hear human rights arguments.
Environment
News
Poznan and beyond
Recent UN global climate negotiations in Poland highlighted ongoing tension over whether funds will be channelled through the United Nations or the World Bank and once again shone a light on the role of the Bank as a major investor in carbon intensive projects.
Land
News
Parliamentarians on World Bank
The seventh annual conference of the Parliamentary Network on the World Bank was held in Cape Town in March.
Rights
News
Toxic waste dump or "world-class site"?
A new film points at contradictions in one of the World Bank's Prototype Carbon Fund projects in Durban, South Africa.
Rights
News
Köhler go home say South Africans
In July South African activists told IMF Managing Director Horst K
Knowledge
News
Knowledge Bank’s Power In South Africa
A new book on South Africa includes fascinating material on the World Bank’s role as policy advocate for the post-apartheid era.
Finance
News
Jubilee South summit
Jubilee 2000 representatives held a South-South Summit in South Africa in late November.
Accountability
News
South Africa dam claim
The World Bank’s Inspection Panel has received a complaint from residents of Alexandra township, Johannesburg, about “Phase 1B” of the Lesotho Highlands Water Project (LHWP), which involves diverting water from the mountains of Lesotho to South Africa’s industrial heartland.
