CAPE TOWN, SOUTH AFRICA | Xinhua | A South African high court on Tuesday dismissed an urgent application filed by National Assembly Speaker Nosiviwe Mapisa-Nqakula to interdict a possible arrest of her on corruption charges. The ruling, which clears the path for her potential arrest, marks a new setback for …
Read More »South African police seize over 70 kg of smuggled gold
Johannesburg, South Africa | XINHUA | South African Police Service (SAPS) on Monday said they arrested three suspects who tried to smuggle gold weighing 73.5 kg worth R61 million (4.2 million U.S. dollars). The police said the trio were arrested with gold as well as foreign currency in their hand …
Read More »Bad news: IMF is back
Lagarde is visiting when the government is desperate for new money but in no mood to listen. Usually that means no deal but possibly not when the IMF and Museveni need each othe. Meetings between teams from IMF and planners of Uganda’s economy, especially President Yoweri Museveni, have historically involved …
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