Global mining giant Glencore will pay US$180 million to the Democratic Republic of Congo as part of an agreement to settle all corruption claims alleged between 2007 and 2018 by various authorities, including the United States Department of Justice and the Congolese National Financial Intelligence Unit and Ministry of Justice….
Mining giant Glencore confirmed on Tuesday that the United States Department of Justice has issued a subpoena for documents and records connected to the company’s businesses in Nigeria and the Democratic Republic of Congo. The subpoena also covers operations in Venezuela, the company said. Glencore “has received a subpoena dated…
It’s not been two weeks since World Bank released its annual “Ease of Doing Business” report, which ranks countries on their business-friendly environment. It named Mauritius as the best country in Africa – less than two points behind Germany, and ahead of Thailand, Spain, France and Japan. What’s clouded this…
Laureen is the editor of Africa Times