The Zambia government has terminated a $210 million closed circuit television camera contract with China’s ZTE because of alleged corruption.
Posts Tagged: Kenya
In the prior post, I talked about steps governments in East Africa can take to lift the natural resource curse that plagues the region. Let’s look now at how extractive companies and foreign governments can also help make life better for millions of people.… Continue Reading
There’s no silver bullet to overcome the natural resource curse that haunts much of the globe. But countries in East Africa, the region I am most familiar with, can take several practical and affordable steps to exploit resources in ways that will benefit citizens and put realistic development goals within reach.… Continue Reading
Since discovering oil in 2009, Uganda has not pumped a single barrel and the resource remains unexploited. An historic opportunity has so far been stymied by bureaucracy, law suits, corruption, hostilities with neighbors taking on a military hue, as well as the lack of adequate infrastructure to move the oil to market.… Continue Reading
It’s no secret that traditional newsrooms are hurting. But a new kind of journalism is rising — the open data movement.
FCPA Blog-sponsor AlixPartners teamed with Dentons to survey multinational companies about their current and future business objectives in Africa.
The survey aimed to better understand whether companies perceived Africa to be an attractive investment destination, given the continent’s legacy of corruption and political instability.… Continue Reading
Goodyear Tire & Rubber Company said last week it has taken remedial measures after an internal investigation into improper payments in Kenya and Angola.
The Kenya probe was triggered by an anonymous complaint via the company’s ethics hotline.… Continue Reading
A man who lost his wife, daughter, and sister-in-law in the June 3 crash of a flight from Lagos to India blamed Nigeria’s ‘unbridled corruption’ for the crash. Safety regulations are ignored, he said, maintenance isn’t performed, and officials turn a blind eye.… Continue Reading