Browsing Tag

corruption

How Illegal Financial Transfers Are Undermining Africa’s Economic Growth

The Hemorrhage: Africa's Battle Against Illicit Financial Flows As the sun rises over the sprawling cities of Africa, it casts a light on an urgent issue plaguing the continent: illicit financial flows. While Africa is rich in resources and potential, it is estimated to lose a staggering U.S.$88 billion each year due to tax evasion, money laundering, and corruption. This figure, a steep jump from U.S.$50 billion just eight years ago, paints a bleak picture of a continent struggling against forces that siphon away its…

Top Equatorial Guinea Official Sentenced for Corruption and Embezzlement

The Fall of a Prominent Nephew: Engonga’s Tumultuous Journey from Power to Prison In a dramatic turn of events that has rippled through the political landscape of Equatorial Guinea, Baltasar Ebang Engonga, the nephew of President Teodoro Obiang Nguema, has been sentenced to eight years in prison for embezzlement. Once a figure of influence and power, Engonga’s downfall serves as a compelling narrative of betrayal and political maneuvering in a country long ruled by one family. A Legacy of Wealth and Scandal Engonga, often…

Ex-Mali Prime Minister Choguel Maiga Taken Into Custody

The Fall of Choguel Maiga: A Cautionary Tale of Power and Accountability in Mali In a dramatic twist reminiscent of Shakespearean tragedy, Choguel Maiga, the former prime minister of Mali, finds himself entangled in a web of controversy, facing charges of embezzlement and money laundering that could redefine the nation’s already tumultuous political landscape. This unsettling development, which follows his tenure as the head of the civilian wing of a military junta, raises deeper questions about governance, accountability,…

Duale Confronts Corruption in Kenya’s Healthcare Networks

markdown Kenya's Health Sector: Aden Duale's Battle Against Corruption The Kenyan health sector has long been plagued by insidious corruption. From phantom hospitals siphoning funds to procurement scandals unraveling at Afya House, billions meant to provide essential care have instead padded the pockets of cartels. For the average Kenyan, it's a grim reality of empty pharmacy shelves, abandoned clinics, and the heart-wrenching stories of patients turned away due to the steep cost of care. Enter Aden Duale: A Bold Agenda…

Somali Ministers Dispute Over WMO Envoy Position, Unveiling Corruption Worries

MOGADISHU, Somalia - A heated row has erupted between two prominent Somali ministers, spotlighting corruption allegations swirling around Prime Minister Hamza Abdi Barre's administration. The conflict hinges on which official should serve as the nation's representative at the World Meteorological Organization (WMO). Foreign Minister Ahmed Moalin Fiqi opted for Mohamud Moalim, the current head of Somalia's disaster management agency, to take on WMO envoy duties. Meanwhile, Environment Minister Khadija Makhzoumi backed Guled…

President Ruto Urges Kenyans to Speak Out Against Tax Evasion and Corruption

President William Ruto recently expressed his admiration for the more than eight million Kenyans who diligently fulfilled their tax responsibilities by June 30. These citizens not only met but exceeded the set targets by an impressive 26%. He specifically recognized Lillian Nyawanda and Risper Muthoni Simiyu for their outstanding achievements in surpassing tax collection benchmarks. During the Taxpayers’ Day Awards ceremony held at State House in Nairobi on November 2, 2024, Ruto took a moment to celebrate these top…

Zimbabwean Tycoon Separates Himself from Namibia Election Paper Agreement

Wicknell Chivayo, a well-known and often divisive figure in Zimbabwe’s business landscape, has firmly rejected any suggestions of his involvement in a contract for supplying ballot papers to the Namibian Electoral Commission (NEC). Chivayo expressed his dismay, deeming the claims linking him to this contract both unfounded and alarming. A report by the Daily Maverick pointed to Chivayo's connections with Ren-Form, the firm awarded the task of designing, printing, and packaging ballot papers for Namibia's upcoming…

Liberia’s Commerce Minister Steps Down Following Controversial Luxury Vehicle Acquisition

President Joseph Boakai has officially accepted the resignation of Commerce Minister Amin Modad. This decision came in the wake of significant public backlash regarding Modad's acquisition of a vehicle that surpassed the established price ceiling. "His actions demonstrate a serious lapse in judgment and an insensitivity to the prevailing economic circumstances in our nation," Boakai remarked, emphasizing the need for accountability in leadership. The former Minister of Commerce defended his choice, explaining that the…

South African President Cleared of Involvement in ‘Farmgate’ Controversy

The National Prosecuting Authority (NPA) has opted not to pursue charges against President Cyril Ramaphosa or anyone involved in the Phala Phala affair, which originated from a criminal complaint lodged by former intelligence official Arthur Fraser back in 2022. Known colloquially as "Farmgate," the controversy erupted when Fraser accused Ramaphosa of covering up the theft of $4 million after a burglary at the president's Phala Phala game farm. The president firmly rejected these allegations, asserting that the funds taken…

Zimbabwe’s Handling Services Executives Placed on Suspension Due to Corruption Allegations

In a striking move, the state-run National Handling Services (NHS) has sent several senior executives home amid serious allegations of corruption, ineptitude, and failures in corporate governance. Among those suspended are Godknows Maravanyika, Question Maisera, and Shamiso Nyangairi, who heads the Human Resources department. These individuals face accusations of financial improprieties and mismanagement of company assets. The atmosphere within NHS resembles a stormy sea, as discontent among employees reaches a boiling…

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