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Tanzania to get $100 mln World Bank loan to improve governance

first_imgTanzania will receive a $100 million loan from the World Bank’s International Development Association (IDA) Tanzania will receive a $100 million loan from the World Bank’s International Development Association (IDA)Tanzania will receive a $100 million loan from the World Bank’s International Development Association (IDA) to help improve governance in the east African country.Businesses have long complained corruption is one of the main reasons for the high cost of doing business in Tanzania. The loan would be aimed at increasing transparency and accountability in governance and improving public financial management, said Philippe Dongier, the World Bank’s country director for Tanzania.The project will also help promote budget credibility and execution through better cash management, public investment management and procurement to improve health, education and water supply services to the poor, the Bank said.Tanzania is estimated to have more than 53.2 trillion cubic feet of gas reserves off its southern coast, but its energy sector has long been dogged by allegations of graft and other problems. Graft claims led to the suspension of budget support by Western donors in October.last_img read more

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Tyson Fury heading back to Las Vegas to fight Otto Wallin

first_imgTyson Fury will return to Las Vegas to fight Otto Wallin at T-Mobile Arena on September 14.Top Rank vice president Carl Moretti revealed earlier this month that an agreement had been reached for the former world heavyweight champion to step into the ring with the 28-year-old Wallin. It was confirmed Tuesday that Wallin (20-0) will get a chance to claim the Briton’s lineal title in Nevada next month.MORE: Watch more than 100 fight nights a year on DAZNFury brutally knocked Tom Schwarz out at the same venue in June and will be a strong favorite to add another victory to his record, which shows 28 wins and a draw.The 31-year-old last month stated that he will face Deontay Wilder in a rematch on Feb. 22 next year, but now wants to fight in his homeland in December after the American agreed to a deal to face Luis Ortiz in November.CONFIRMEDLineal Heavyweight Champion @Tyson_Fury will defend his crown against 20-0 @OttoWallin at the @TMobileArena on September 14th.#FuryWallin pic.twitter.com/pRIjNPZax7— Frank Warren (@frankwarren_tv) August 13, 2019Fury said: “I am pleased to be back in Las Vegas. I loved my time there in my last fight and am going to put on a show again. “Otto Wallin is a world-ranked fighter and is tall, something we want with the Deontay Wilder rematch around the corner. He is also a southpaw, which will bring its own obstacles, but I will be fully focused to get this job done because the rematch needs to happen.”Frank Warren, Fury’s promoter, said: “I’m delighted that Tyson is boxing in Las Vegas again after his previous success.”It is another undefeated boxer he is facing and a contest where a victory will set up the Deontay Wilder rematch. Otto Wallin knows this is his big chance, and Tyson will not be underestimating him.”last_img read more

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Barça is consumed: 29 injuries and 16 affected this season

first_imgIn fact, There is a great concern that among this endless list of injured, there are four who have suffered up to three injuries this season: Luis Suarez, that ended up having to operate, Jordi Alba, that leaves one to enter another (the first two because of the biceps femoral left leg, with relapse included, while the latter has been the adductor of the right leg), Ansu Fati, because of the patellar tendon while still growing, and Dembélé, a regular in this section since he signed for Barcelona three years ago.If we add to this plague of injuries that Quique Setién only has 18 first team players to face the rest of the season (Martin Braithwaite has been signed as a relief of Démbélé) we find a panorama as worrisome as desolate. The most serious cases have had to go through the operating room: the first was the goalkeeper Net, in full preseason, for a break in the scaphoid of the left hand, after Luis Suarez, by an arthroscopy in the external meniscus of the right knee and later I trembled, due to a rupture of the proximal tendon of the biceps femoris of the right leg. The truth is This season has been especially burdensome in the injured section. A total of 29 injuries and 16 players affected they are a difficult balance for any template, especially when in some cases, such as Luis Suárez, Jordi Alba and Ousmane Dembélé have suffered up to three injuries throughout this course. In fact, these three players, along with Sergi Roberto, will not be available for the next few weeks, and in the case of the French striker, already directly until next season.Starting the course with your best player, Leo Messi, injured, no longer presaged anything good. On August 5, in his first training, the Argentine crack had to withdraw from the session after suffering a break in the soleus of the right leg, which was aggravated with a subsequent relapse. From here the enumeration of injured by Barcelona has been endless. In fact, and to make it easier for the reader, There are only three players in the first team who have dodged injuries today: Sergio Busquets, Frenkie de Jong and Antoine Griezmann. The rest have had some mishaps, some minor as the case of Gerard Piqué, who suffered an overload in the right adductor just the week he was sanctioned, Rakitic, which dragged for a week discomfort in the Achilles tendon coinciding with the break by selections, or Ter Stegen, who was forced to stop two weeks for a right knee tendinopathy.last_img read more

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Credit demands discipline

first_imgA: About 85 million Americans, or nearly 60 percent of all card users, carry a balance, according to recent industry estimates. Many end up paying thousands of dollars in interest they could have avoided with more self-discipline. Used properly, however, credit cards are not just convenient but also save you money. Although card reward programs have been scaled back, last year my wife, Georgina, and I still got more than $750 cash back on purchases we would have made anyway, most at the supermarket and drugstore. (Web sites such as www.CardWeb.com and www.Cardratings.com let you search for the best card deals). Rather than not use credit cards, I suggest: 1. Use just one card or two at most, not the four or five the average America cardholder carries (I have only two). But do not cancel unused cards right away. Doing so may lower your credit rating by making whatever amount you charge a higher percentage of your total available credit. 2. Sign up as I have to have the full balance on your card paid on the due date by electronic funds transfer from your checking account. This will be a powerful deterrent not to charge more than you can afford. 3. To make sure you have enough money in the bank on the due date, every time you charge a purchase, record the amount in your checking account checkbook. Q: While going to college, I am working for a small accounting firm and have saved as much as possible. I was hoping you could suggest where to invest my savings. I am not well-acquainted with stocks and bonds. A: There are many ways to start investing, and reputable financial advisers will come up with different recommendations. The one I like best: Build a simple portfolio of a few widely diversified, low-cost no-load mutual funds, and keep adding money to them. Among my favorite low-cost funds are index funds, which seek to match the performance of a market benchmark. For beginning investors, I prefer funds that track broad indexes, such as the entire U.S. stock or bond market, or a geographically diversified international stock index. Over the years, low-cost, broadly diversified index funds have outperformed most others. Leading no-load mutual fund companies such as Vanguard, Fidelity and T. Rowe Price offer low-cost funds with superior long-term records, including index funds. Their Web sites ( www.vanguard.com, www.fidelity.com and www.troweprice.com, respectively) provide excellent educational materials to help you build a simple but well-diversified portfolio. Q: We have used a financial planner for years. His annual fee based on the amount of money we invest is now several thousand dollars. Should we dump the planner and purchase index funds instead? We don’t have time to monitor our investments day to day. A: As much as I like index funds, it is not an either/or question between using them or a financial planner. Many fee-only planners (those who are paid a fee rather than commissions on products) use low-cost index funds for their clients’ portfolios. These planners’ job is to recommend and monitor the asset allocation, based on each client’s goals and risk tolerance. Also, besides offering investment advice, good planners help clients with a host of financial decisions, including budgeting and cash flow management, and tax, retirement and estate planning. And planners more than earn their keep when they help investors stick to a disciplined long-term plan during market declines. In addition to the Web sites mentioned earlier, index fund fans can get valuable information at www.indexfunds.com. Investors who prefer having an adviser can search among fee-only planners belonging to the National Association of Personal Financial Advisors ( www.napfa.org ). Humberto Cruz offers personal-finance advice. Write him at [email protected] local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! Checking reader mail: Q: Most people shouldn’t have credit cards. They allow you to spend money you don’t have. Supposedly they are good for emergencies, but what is an emergency? That plasma TV is on sale and you don’t have the money? About a year ago, I paid off all credit card debt and now use only a debit card. I am much more aware of how much I spend and think twice about unnecessary purchases. Before, I got in the expensive habit of carrying a balance. last_img read more

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