Governance and democracy

Zimbabwe launches new currency measure

20 February 2019

 

Zimbabwe, without its own currency for a decade, took steps to address its worsening economic crisis by allowing its surrogate currency, bond notes, and electronic funds to float freely against other major currencies, abandoning an official but artificial parity with the dollar.

To read the article titled "Zimbabwe launches new currency measure"Click here

Excise tax hike slammed by Black Tobacco Farmers Association

21 February 2019

The Black Tobacco Farmers Association (BTFA) has criticised the increase in excise tax announced by finance minister Tito Mboweni, saying it will affect their livelihoods.
Mboweni announced new increases in sin taxes on Wednesday.
In addition to excise duty hikes on alcohol, he said that the price of a pack of 20 cigarettes would rise by R1,14 to R16,66 and would increase by about 64c to R7,80 on a typical cigar.

South Africa will jail corrupt officials: Ramaphosa

6 February 2019

 

South Africa’s president Cyril Ramaphosa has vowed to jail officials implicated in an ongoing corruption inquiry following the arrest of five people, including a witness at a judicial inquiry into alleged influence peddling.

Ramaphosa’s remarks made at a mining investment conference in Cape Town on Wednesday come after up to five Western envoys including the United States and the United Kingdom threatened to cut foreign direct investment if no action was taken against perpetrators of corruption.
 

Egypt sentences senior official to12 years

31 January 2019

An Egyptian court has sentenced the deputy governor of the country's second-largest city to 12 years in prison on corruption charges.

The Cairo criminal court also sentenced Souad el-Kholy, deputy governor of the Mediterranean city of Alexandria, to a one-year suspended sentence for bribery, profiteering and squandering public funds on Wednesday.

The court acquitted five local businessmen in the same case
 

Let's protect SA from corruption: President

30 January 2019 

President Cyril Ramaphosa on Tuesday said corruption in government and in business must be harshly dealt with.

President Ramaphosa was responding to a report that listed South Africa among the countries with the highest corruption levels.South Africa ranked 73rd out of 180 countries that participated in a Transparency International (TI) survey - which ranks participating countries according to their perceived levels of corruption in the public sector.

'It's not helpful for South Africa' - Mahumapelo's views on '9 lost years' comments

31 January 2019 

Former president Jacob Zuma's staunch ally, Supra Mahumapelo, has pleaded with ANC leaders – those for and against Zuma - to stop debating his legacy in public.

Mahumapelo expressed his views just a day after Zuma took to Twitter to defend his nine years in office as head of state.
 

Hardcore prawn: How Bosasa made fishy money

31 January 2018

A prawn farm in Krugersdorp sounds unrealistically fanciful, but controversial state contractor Bosasa set one up in 2015 with the purpose of laundering fishy cash and avoiding the South African Revenue Service’s (Sars) tentacles.

Details of the farm were made known at the state capture commission on Wednesday when former Bosasa chief financial officer Andries van Tonder detailed how the company cooked its books to derail investigations by Sars and launder cash for bribe.

900 killed in ethnic violence in DRC in mid-December

16 January 2019

At least 890 people are believed to have been killed in ethnic violence in northwestern Democratic Republic of Congo last month, the United Nations human rights office said on Wednesday.

The toll doubles an estimate provided on Monday by a local priest and a civil society activist who said that at least 400 people had been killed in bloodshed which led the government to cancel voting there in last month’s presidential election.

Little black book details Bosasa's bribe stash, bonuses

16 January 2019

Angelo Agrizzi, the former chief operations officer of controversial company Bosasa, says the company spent between R4m to R6m in bribes per month. 

The revelation was made before the commission of inquiry into state capture in Parktown, Johannesburg on Wednesday.

Agrizzi also told the commission that when people employed by Bosasa, and outsiders, asked for money, Bosasa CEO Gavin Watson, who used to spend time in his office, would leave and later come back with a bag of money.

Zimbabwe president says 'monumental task' to fix economy

17 January 2019
 

Zimbabwe President Emmerson Mnangagwa on Wednesday called for calm as he vowed to tackle the "monumental task" of fixing the shattered economy that has sparked violent protests this week.

"Resolving Zimbabwe's economic challenges is a monumental task... We are moving in the right direction. We will get there," he said on Twitter. "I call for calm and peace from all of our brothers and sisters."

Pages

NGO Services

NGO Services

NGO Events

S M T W T F S
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
 
14
 
15
 
16
 
17
 
18
 
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
 
 
Subscribe to RSS - Governance and democracy