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Buhari administration takes private enterprise seriously, says VP Osinbajo

Buhari administration takes private enterprise seriously, says VP Osinbajo

First let me say how pleased I am to be here in Auchi, I was here in camp as a Youth Corper in 1979. I lived here among the warm and friendly people of Auchi for 6 weeks. I have had the unique honour and privilege of visiting two great industrial enterprises in Edo State, […]

Pay for My Legal Bills, Birthday Gift or Else – Mboro Warns Congregants

Pay for My Legal Bills, Birthday Gift or Else – Mboro Warns Congregants

Prophet Paseka Motsoeneng, also known as Prophet Mboro, has given his congregants an ultimatum: they either have to help foot the bill for his legal fees or he will suspend his services for nine weeks. Mboro wants to take on the Commission for the Promotion and Protection of the Rights of Cultural, Religious and Linguistic […]

The Trial Of One Of Africa’s Most Corrupt Politicians Shows That Fighting Graft Is Global

The Trial Of One Of Africa’s Most Corrupt Politicians Shows That Fighting Graft Is Global

For the past three weeks, in a crowded and sweltering Paris courtroom, the vice president of Equatorial Guinea has been on trial over allegations that he laundered tens of millions of dollars in France. Prosecutors allege that Teodoro Nguema Obiang Mangue, known by the nickname “Teodorin,” earned around $80,000 per year as agriculture minister during the period […]

France Demands 3-Year Jail Term for Equatorial Guinea President’s Son

France Demands 3-Year Jail Term for Equatorial Guinea President’s Son

French prosecutors said on Wednesday they were seeking a three-year jail term and a 30 million euro fine for Equatorial Guinea’s Vice President Teodorin Obiang, on trial in absentia for embezzlement. The 48-year-old son of President Teodoro Obiang Nguema is charged with using money plundered from his country’s state coffers to fund a jet-set lifestyle […]

Former Zambia Mines Minister Acquitted of Corruption Charges By High Court

Former Zambia Mines Minister Acquitted of Corruption Charges By High Court

Another former minister in the MMD government has walked free in an abuse of authority case less than a week after Agriculture Minister Dora Siliya was acquitted on corruption charges. Maxwell Mwale who crossed over to the Patriotic Front in the heat of the August 11 elections was in June 2015 convicted of abuse authority […]

Uganda’s Museveni Cancels Multi-Billion Chinese Mining Deal Over Bribe

Uganda’s Museveni Cancels Multi-Billion Chinese Mining Deal Over Bribe

President Museveni has stopped a multi-billion copper mining project with a Chinese company at Kilembe Mines following information that a former minister pocketed a $1m bribe to influence the deal. The President also ordered investigations into allegations that top government officials, including a former minister, received millions of dollars in bribes to influence the award […]

Zimbabwe National Road Administration splashes $3 000 clothing allowances on managers

Zimbabwe National Road Administration splashes $3 000 clothing allowances on managers

Auditor-General Mildred Chiri’s reports on government finances always read like a roll call of the most corrupt, extravagant and poorly managed entities. The rogues include parastatals, ministries and local authorities that flout tender procedures and are a playground for looters. Finance minister Patrick Chinamasa last week tabled three reports produced by Chiri’s office before Parliament. […]

Zimbabwe parastatals rot exposed

Zimbabwe parastatals rot exposed

Four state enterprises and parastatals (SEPs) flouted tender procedures when procuring millions worth of goods and services, according to the Auditor-General, Mildred Chiri. The report sheds light on a culture of impunity and lack of accountability that prevails among parastatals and state institutions, providing fertile grounds for corruption. Chiri mentioned CMED ($1 million), Tobacco Industry […]

As Roadblocks Reduced, Zimbabwe ‘Revenue’ Police Swoop On Hotels

As Roadblocks Reduced, Zimbabwe ‘Revenue’ Police Swoop On Hotels

As government says it is reducing the number of roadblocks, ZRP officers appear to have found a new avenue for making money as they have besieged Bulawayo food outlets and hotels where they are issuing tickets for what operators feel are flimsy offences. ZRP officers have been accused of fleecing motorists by forcing them to […]

It’s Time Africa Acted Over Its Wealth

It’s Time Africa Acted Over Its Wealth

That Africa needs to redress the huge gulf between its wealth and its poverty is a foregone conclusion. Statistics of outflows from Africa against inflows in everything from aid, foreign direct investment to remittances will boggle the mind. But you already know that. What Africa needs to do about it is another matter altogether. President […]

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