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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

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    Standard of cars assembled in Ghana will not be compromised – GSA assures

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

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    Ghana Life Insurance Ltd accused of employing delay tactics in payment of claims

    BoG urged African DFIs to enhance credit rating positions to boost investment

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

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    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Kenya:President Kenyatta explains why Kenya is failing to root out corruption

bycitibusinessnews
October 19, 2016
in Africa, East Africa
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Kenyan President Uhuru Kenyatta accused the judiciary and other agencies of undermining efforts to root out corruption, addressing a campaign pledge from his 2013 election and one which he is likely to be challenged on in next year’s vote.

Despite pledges four years ago to crack down on corruption, critics and opponents say the government has been slow to pursue top officials, adding that only top convictions will break what they call a culture of impunity.

The country’s anti-corruption commission has been beset by infighting and there are still frequent reports of scams involving ministries. A former chairman of the commission, since pushed out, said in March that around $6 billion, a third of the annual state budget, is lost to graft in Kenya every year.

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In a televised gathering of officials and executives, Kenyatta sought to defend his record on tackling corruption, saying he had boosted budget allocations to the Ethics and Anti-Corruption Commission (EACC) and fired ministers and top officials for links to graft. The latter was in 2015, more than two years into his presidency.

Kenyatta also said his efforts were undermined by slow prosecutions by the judiciary and investigative agencies.

“If there is any issue that has frustrated me, it is this issue,” he told the meeting, citing a backlog of more than 600 corruption cases pending with the courts.

He also criticised the auditor general for writing reports about misuse of state funds without naming those responsible, and accused the opposition of politicising an issue that was a matter of national concern, not party politics.

“Corruption is just being used as a political circus,” he said.

Kenyatta and his deputy William Ruto have launched the Jubilee party to replace a looser coalition ahead of their re-election August 2017 campaign, when they are expected to face another challenge from veteran rival, Raila Odinga.

–

Credit: CNBC Africa

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