🔒 Glencore: dirty business provides an embarrassment of riches
Glencore’s recent agreement on a multimillion dollar payment to the Democratic Republic of Congo appears to show movement away from the big commodities group’s shady history.
Glencore’s recent agreement on a multimillion dollar payment to the Democratic Republic of Congo appears to show movement away from the big commodities group’s shady history.
Some of those involved in a $2 billion fraud in Mozambique learned that corruption won’t fly in Africa anymore – they were arrested at the airport.
Democratic Republic of Congo opposition leader Félix Tshisekedi was declared the surprise winner of last month’s presidential election.
Outbreaks of measles are preventable via vaccination. The disease can be eliminated. Yet this year South Africa has had two.
The DRC has defended Dan Gertler’s business dealings in the country, five days after he was linked to a bribery investigation by US authorities.
Khulubuse Zuma’s official spokesman’s public response: “He does not and never held any offshore bank account”.
The Democratic Republic of Congo has dropped its plans to change its mining code after opposition from mining companies, Mines Minister Martin Kabwelulu says.
Vodacom said third-quarter revenue gained 8.7 percent as the mobile-phone company added customers and invested in its high-speed network.
The Democratic Republic of Congo is suffering from power shortages that are hindering attempts to increase minerals production.
The US’s Africa Growth and Opportunity Act, signed into law by President Bill Clinton in May 2000, was a political move with good intentions – offering a helping hand to the continent.