Thursday, November 21, 2024
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Why Africa Is Poor Despite Having The Most Diamonds

Over the past years, poverty reduction has been accelerating in the poorest countries of the world, but not so fast enough in the so-called...

Mugabe to be questioned from home on missing cash

The parliamentary committee in Zimbabwe probing missing $15 billion diamond revenue has announced that its members have "resolved to meet former president Robert Mugabe at his private home instead of dragging him to parliament" for questioning.

Mugabe summoned over missing diamond Revenue

The former president of Zimbabwe, Robert Mugabe has been summoned by the country’s parliament to testify in an ongoing investigation into missing revenue from diamond mining.

Mugabe claims $15billion missing diamond revenue story was “all lies”

The former President of Zimbabwe, Robert Mugabe has revealed that his claim in 2016 that $15 billion diamond revenue had gone missing was “all lies”, according to media reports.

Zimbabwe’s Mugabe to testify over missing diamond revenue

The former president of Zimbabwe, Robert Mugabe is to be summoned by the country's parliament to testify in an ongoing investigation into missing revenue from diamond mining.

Tanzanian minister resigns over ‘bad’ mining deal

A Tanzanian minister, George Simbachawene on Thursday resigned following the outcome of an investigation into a diamond mining contracted awarded to Petra Diamonds Ltd.

Magufuli orders resignation of public officials over mining deal

The President of Tanzania John Magufuli has ordered the resignation of senior public officials in his country following a probe into a mining contract awarded to Petra Diamonds Ltd.

IMF revises Botswana’s 2017 growth forecast

The International Monetary Fund (IMF) has revised Botswana's 2017 and 2018 economic growth forecast due to rising diamond demand, investment in the water and power sector and reforms to attract investment.

Diamond group De Beers buys out retail partner LVMH

Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation.

Sierra Leone pastor finds huge diamond

A Christian pastor has discovered one of the world's largest uncut diamonds in Sierra Leone's Kono district.

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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