BOTSWANA AUDIT REVEALS N$38.6 BILLION LOST TO CORRUPTION

Breadcrumb

A forensic audit conducted by an independent firm on behalf of the Botswana government has established that at least money equivalent to N$38.6 billion has been lost through corruption between 2014 and 2024.

ZAMBIAN CABINET AND PARLIAMENT DISSOLVED AHEAD OF ELECTION

Breadcrumb

Both the Zambian cabinet and parliament were dissolved last Friday in line with the country's constitution in readiness for the August general election. 

This is in accordance with the national constitution, which requires automatic dissolution 90 days prior to a general election.

ZAMBIA AND ISRAEL SIGN DEBT RESTRUCTURING DEAL

Breadcrumb

The governments of Zambia and Israel have signed an amendment agreement relating to the restructuring of approximately $460 million in debt owed to the Middle Eastern country.

COURT HEARING SET FOR LUNGU REMAINS REPATRIATION CASE

Breadcrumb

The hearing over the Pretoria High Court judgement on the repatriation of the former President Lungu's remains involving the family and Zambian government is set for May 29th.

The development has been confirmed by the family's spokesperson, Makebi Zulu.

RAMAPHOSA REJECTS CALLS TO STEP DOWN OVER PHALA PHALA

Breadcrumb

President Cyril Ramaphosa insisted he was staying in office despite renewed political pressure and calls from opposition parties for his impeachment, amid the ongoing Phala Phala farm scandal.

PRESIDENT RUTO CALLS FOR URGENT GLOBAL FINANCIAL REFORMS

Breadcrumb

Kenyan President William Ruto called for urgent reforms to the global financial system, saying the current international financial architecture remains structurally unequal and continues to place disproportionate constraints on African countries seeking access to concessional financing or developing infrastructure.<

NAMIBIA BACKS UN SECURITY COUNCIL REFORM PUSH

Breadcrumb

Namibia has reiterated its support for Africa's common position on reforming the United Nations Security Council, calling for two permanent and five non-permanent African seats and the abolition of the veto power. 

If the veto is retained, Namibia insists it should be extended to all Council members.