Former Glencore Agent Spills the Beans on How Deals Were Made
A former Glencore director said he used to fly the world carrying a bag full of cash to secure deals for the commodity trader, evidence of the industry’s longstanding history of corruption, a problem it’s still grappling with today. “I used to go with 500,000 pounds to London,” Paul Wyler who was one of Glencore’s […]
Morocco and Namibia Removed from the European Union’s List of Tax Havens
In February last year, the EU granted Namibia and Morocco an extension to continue reforms already undertaken since 2019 to adapt their tax laws to the requirements of the institution. The deadline expired August 31 and December 31, 2020. In a statement Monday, the EU however said the island nation of Seychelles, Botswana and Estawani […]
Tanzania’s Ministers Still Seem to Be Taking Covid Lightly
Days after President John Mafuguli finally admitted Tanzania has a coronavirus problem, the sight of the country’s finance minister coughing and gasping during a news conference to defend the state of his health has left many in shock. Finance Minister Philip Mpango, who did not reveal what he was suffering from, spoke to about 10 […]
Ghana Becomes First Country to Receive Vaccines through Covax
A delivery of 600,000 doses of the AstraZeneca vaccine arrived in Accra on Wednesday. The first recipients are due to be healthcare workers. The Covax scheme aims to reduce the divide between rich countries and poorer nations unable to buy doses. The programme is planning to deliver about two billion vaccine doses globally by the […]