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June 19, 2013
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News in 'Economy' section
From the floor of the National Assembly and the Public domain in Nigeria, the test of integrity sparked by the fuel subsidy probe Report is now set to reach the country’s courts.
In Sierra Leone, many citizens are running after jobs provided by mining companies, while pay and conditions of service provided by these companies are still being contested.
Nigeria plans to scrap both the Economic and Financial Crimes Commission and the Independent Corrupt Practices and other related Offences Commission.
-As ECOWAS condemns junta “illegal initiative”
The African Development Bank (AfDB) and the World Bank have joined the AU and ECOWAS in condemning last week’s military coup in Guinea-Bissau and they have suspended development operations.
Ivory Coast Cashew nut farmers are experiencing tough times, with a drop in prices of their crop.
The country is the largest producer of cashew in Africa.
After months of strike and failed negotiations, teachers in Benin have now agreed to go back to work.
Calm has returned to Sierra Leone’s northern mining city of Bunbuna, following a violent protest amidst a mine workers strike, which left three people dead and at least eight others injured on Wednesday.
By Mohamed Konneh/WADR Correspondent
One person is said to have been shot dead and several others wounded in in Sierra Leone’s northern town of Bunbuna, as striking workers staged a protest at a mining company.
--WB official says it’s unacceptable
A World Bank official has said despite the increase in budgets for water and sanitation in much of Africa since access to portable water was recognized as a Millennium Development Goal (MDG) in 2000, “bigger budgets and more spending have not appreciably expanded access to services in most countries.”
By William Selmah/WADR Correspondent
The Inter-Governmental Action Group Against Money Laundering (GIABA) has underscored the need for Liberia to enact laws criminalizing money laundering and terrorist financing.