Tag Archives: Corruption

Transparency is key to corruption-free infrastructure

By Peter Eigen, founder of Transparency International read more

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New Massive Leak of Secret Documents from Bermudian Offshore Law Firm Reveals Tax Abuses and Corruption by Companies and the Global Elite

“Offshore Firm of the Year” Not Alone in Abusing and Profiting from Weaknesses in Corporate Tax Reporting Requirements and Company Ownership Transparency Rules read more

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BOST to go Free after Trade of Contaminated Fuel in Ghana

The trade of contaminated oil by Ghana’s Bulk Oil Storage and Transportation Limited (BOST) has gone through several proceedings by the general public and formal investigation units in Ghana to help clarify and deduce any illegal or crime associated with the sale of 5 million litres of contaminated fuel to Movenpiina Company Limited. The state’s Bureau of National Investigations (BNI), after investigation, has cleared the case and concluded that there was no offense in the trade. Despite this announcement, the minority in parliament has described the decision as a seed of corruption on the path of the BNI.
According to the BNI, A lab test of the contaminated fuel from the Tema Oil Refinery indicated that out of the options available, selling the product for industrial purposes such as asphalt processing, texture and cement manufacturing was the best. This option was recommended to the MD because TOR is not refining currently and the laboratory result clearly stated that treating it would not give the required quality of AGO (Diesel).
Public Response:
An advocacy group has also released a paper as a response to the BNI in a quest to seek a more just response on the BOST contaminated fuel trade and also calling on the current government to act on the issue. read more

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SA ECONOMIC GROWTH HIT BY MINING SECTOR

Will the Chinese purchase divested mining interests? read more

Posted in African News, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Branding Africa and debunking the myths about its potential

CAPE-TOWN, South-Africa, May 13, 2013/African Press Organization (APO)/ Africa cannot continue to be marketed as a country, when it is a continent of 54 countries, which, by 2040 will have the largest workforce in the world. The statement was made by the Economic Commission for Africa’s Executive Secretary, Mr. Carlos Lopes at the World Economic Forum on Africa this week during a session aptly titled:Myth Busting; investing in Africa.
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Posted in African News, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Donner un label à l’Afrique et briser les mythes à propos de son potentiel

Posted in French, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

La part africaine des investissements directs à l’étranger (IDE) mondiaux augmente depuis les cinq dernières années – Africa Attractiveness Survey

Posted in French, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Ethiopia: Minority Regime’s Fiefdom Syndrome

Sophia Tesfamariam read more

Posted in African News, Ethiopia News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

MTN Uganda Voted as the best Mobile Telephone Service provider of the year

About MTN Uganda read more

Posted in African News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Human Trafficking and the Human Rights Agenda Against Eritrea (Part 1)

By Simon Tesfamariam read more

Posted in African News, Eritrea News, Ethiopia News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

“Competition from the East is probably the biggest challenge we face.”

Posted in African News, Interview, South Africa News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

New Fund Will Engage Civil Society In The Battle To Stop Illicit Financial Flows From Africa

DAKAR, Senegal /PRNewswire-USNewswire/ — According to a report by the organization Global Financial Integrity, if Africa were able to stop the financial flows pouring from the continent, it would have more than enough to wipe out its external debt of about $250 billion (as of 2008). Illicit financial flows in Africa, which include drug smuggling, tax evasion, over-invoicing and underpricing is a problem that stems from collusion between governments and multinational corporations and is made worse by a lack of expertise on how to negotiate a mutually beneficial arrangement and by a lack of accountability. read more

Posted in African News, Senegal News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

CHRISTOPHER MASHIGO SHARES HIS VIEW ON THE INVESTMENT SCENARIO IN AFRICA

CHRISTOPHER MASHIGO,
EXECUTIVE MANAGER – BUSINESS DEVELOPMENT
COEGA DEVELOPMENT CORPORATION read more

Posted in African News, Interview | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

UK to support efforts to combat piracy and maritime insecurity in Africa

By Wallace Mawire read more

Posted in African News, Somalia News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment