Development: don't waste money on expats says bank.

Position:Banking services - Brief article
 
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Snowy Khoza, knowledge management executive at the Development Bank of Southern Africa (DBSA), says Africa is wasting large amounts of money by using foreign consultants when the required skills and expertise exist on the continent.

Quoting the World Bank, Khoza said African countries borrowed $5bn to finance trainers alone, while importing some 100,000 consultants to advise on all manner of capacity building at exorbitant cost. This is wasteful and makes no sense, he...

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