(October 19, 2006) Corruption also scares away investors, affects development, entrepreneurship and impedes growth. Sir Quett Ketumile Masire, former president of Botswana has said Africa loses more than $148 billion annually due to corruption.
E.U. companies guilty in aid fraud, notes Israel Rafalovich
(October 10, 2006) Three European multinationals convicted of bribery in groundbreaking Lesotho corruption trials.
World Bank management takes over Wolfowitz’s anti-corruption proposal
(September 21, 2006) The World Bank’s shareholder governments struck Bank president Paul Wolfowitz a blow this week after they opted to take control of his flagship anti-corruption strategy rather than allow him the free hand he had hoped for to advance his campaign against graft.
Poor countries overpaying billions as result of irresponsible lending, says new research
(September 18, 2006) A new study claims that poor countries have overpaid creditor countries
billions of dollars as a result of irresponsible lending.
Wolfowitz to push anti-corruption program at World Bank meeting
(September 15, 2006) World Bank president Paul Wolfowitz said he expects the Bank’s 184 member countries to approve his anti-corruption framework at the annual meeting of the World Bank and International Monetary Fund this September in Singapore.
Water project trial targets Italian giant
(September 4, 2006) Impregilo, the last remaining company to be charged in the landmark Lesotho corruption trials and one of the world’s largest construction companies, was charged on Sept. 4 with five counts of bribery involving millions of rands in connection with the Lesotho Highlands Water Project.
Why Africa needs ‘new news’
(August 28, 2006) The state of Africa, says Charlayne Hunter-Gault in her most recent book, New News Out of Africa, is in many ways shaped by the public’s image of the continent – and the image of Africa is in the hands of the media.
Kenyans want war on graft
(August 18, 2006) A new report by Kenya’s National Anti-Corruption Campaign Steering Committee claims that Kenyans rate corruption as the country’s Number One issue and want President Kibaki to lead the way in the fight against graft – an issue citizens consider even more grave than poverty, unemployment and famine.
Fight against graft a top priority for most Kenyans
(August 17, 2006) An overwhelming 96 percent of Kenyans believe that corruption is the most important issue that the country needs to deal with, a new report by a government agency shows.
Forget promises, slay graft dragon
(August 17, 2006) If presidential exclamations and Cabinet pledges could exorcise the ghost of corruption, Kenya would be a paragon of good governance.
Kenya: Lead war on corruption, Kenyans tell Kibaki
(August 17, 2006) Kenyans have asked President Kibaki to lead the war against corruption from the front, a new survey shows.
Managing globalization: for Africa, high hopes
(July 18, 2006) It is true that corruption represents a huge obstacle to economic and social development in many African countries. And it is true that so-called entrenched networks of socially connected businesspeople and public officials make life very hard for corruption fighters. But there are fresh signs of success in some countries, such as Nigeria and South Africa, and other countries that already enjoy good governance and strong institutions.
‘Aid only feeds Africa’s corruption’
(July 8, 2006) In a recent address on western aid to Africa, outspoken Ugandan journalist Andrew Mwenda said "the best thing the West can do" for Africa "is nothing."
On the road to forgiveness, justice is forgotten
(July 7, 2006) The World Bank’s high-profile focus on curbing corruption looks set to continue but to what effect can the Bank implement its anti-graft agenda when the Bank itself has been "the cause of corruption, and odious and illegitimate debts, in the past?" asks Gail Hurley of the
Brussels-based NGO network Eurodad.
Smelling a boomtown rat
(June 27, 2006) This time last year, I spent a fruitless Saturday night touring pubs in Nairobi trying to find a Kenyan who was watching Live 8. There were plenty watching Wimbledon, but no one who had even heard of Bob Geldof. When I explained what was going on in Britain, they replied briskly that pop music was for children – and if you borrow money, you ought to pay it back.


