Angola’s dos Santos family empire in the firing line
/ 16 January 2020

Angola’s dos Santos family empire in the firing line

Law enforcement agencies are cracking down on the high profile family of former Angolan president José Eduardo dos Santos, accused of plundering revenues from the country’s vast oil wealth. During dos Santos’ 38-year rule from 1979, his offspring occupied top positions in the government and in lucrative sectors ranging from banking, telecoms and media to […]

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/ 29 January 2008

Zim govt to open ‘people’s shops’

The Zimbabwean Ministry of Industry and International Trade will within the next 40 days open ”people’s shops” countrywide after the Cabinet last week approved the concept, the government mouthpiece Herald newspaper reported on Tuesday. The people’s shops ”will provide basic commodities aimed at the very low-income earners”.

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/ 6 December 2007

Angolan soldiers accused of ‘systematic’ rape

Medical charity Médecins Sans Frontières said this week that Angolan soldiers have raped, beaten and tortured illegal Congolese migrant workers before deporting them across the border. The French humanitarian group said the rights abuses were occurring in the diamond-rich northern Angolan province of Luanda Norte.

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/ 26 October 2007

China digs deeper into Africa with bank deal

China has served notice it is accelerating its investment drive in Africa towards full throttle with the planned ,6-billion cash purchase of a major stake in Standard Bank by Beijing’s biggest lender. China’s ICBC bank said on Thursday it is to buy 20% of Standard Bank, the biggest foreign acquisition by a Chinese commercial bank to date.