A fund to help Africa overcome obstacles to trade and investment is set to launch its first projects in East Africa after strong backing from corporate donors, officials said on Tuesday. The Investment Climate Facility (ICF) said latest contributors to the fund included Microsoft and South Africa’s Standard Bank.
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/ 24 January 2007
A long-awaited report on good governance in South Africa identifies crime, graft and xenophobia as potential pitfalls for the continent’s biggest economy, according to a leaked copy obtained by the media. The African Peer Review Mechanism report places official corruption among South Africa’s biggest problems.
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/ 12 December 2006
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South African prosecutors have filed an application for a court order that could clear the way for new criminal charges against former deputy president Jacob Zuma, a spokesperson said on Tuesday. The corruption trial of the popular Zuma, once seen as the most likely successor to President Thabo Mbeki, collapsed in September.
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/ 4 December 2006
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The most influential provincial leadership of South Africa’s African National Congress (ANC) has voted in favour of President Thabo Mbeki remaining head of the ruling party next year, a potential blow to his former deputy, Jacob Zuma. Political analysts said the resolution signalled the start of the fiercest contest for the leadership of the ANC in its 94-year history.
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The defence in the corruption trial of South Africa’s former deputy president Jacob Zuma is seeking to turn the focus in the sensational case on to President Thabo Mbeki, according to published court papers. Zuma appeared in court on Monday for the first hearing on corruption charges that were at the root of Mbeki’s decision to fire the hugely popular politician last year.
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/ 19 January 2001
NIGERIA?S government says it is aiming for a GSM mobile phone licence price of over $300m as bidding for three licences heads for a third day with all five bidders – including South African-owned MTN Nigeria and Johnnic?s M-Cell – still in contention. In a country where telecommunications are normally abysmal, the Nigerian Communications Commission […]