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Graft

Congo loses up to $15 billion per year to fraud - official

Democratic Republic of Congo's President Joseph Kabila (front C) waves as he walks in a file photo. PHOTO BY REUTERS/Kenny Katombe
Democratic Republic of Congo's President Joseph Kabila (front C) waves as he walks in a file photo. PHOTO BY REUTERS/Kenny Katombe
09/12/2015

KINSHASA (Reuters) - Democratic Republic of Congo loses up to $15 billion a year due to fraud, the president's anti-corruption adviser said on Wednesday, an amount close to twice the central African country's budget.

The central banker Kenyans trust with their cash

Kenya Central Bank Governor Patrick Njoroge speaks during an interview with Reuters in his office in the capital Nairobi, December 8, 2015. PHOTO BY REUTERS/Thomas Mukoya
Kenya Central Bank Governor Patrick Njoroge speaks during an interview with Reuters in his office in the capital Nairobi, December 8, 2015. PHOTO BY REUTERS/Thomas Mukoya
By Edmund Blair and Duncan Miriri
09/12/2015

NAIROBI (Reuters) - Kenya's central bank governor has yet to complete six months in the job but he has done what few of his country's officials ever achieve: he has made people feel their money is safe in his hands.

CEO of Kenya's biggest firm declares wealth to boost anti-graft fight

Kenya's President Uhuru Kenyatta salutes guests as he prepares to receive Pope Francis at the State House in Kenya's capital Nairobi, November 25, 2015. PHOTO BY REUTERS/Thomas Mukoya
Kenya's President Uhuru Kenyatta salutes guests as he prepares to receive Pope Francis at the State House in Kenya's capital Nairobi, November 25, 2015. PHOTO BY REUTERS/Thomas Mukoya
09/12/2015

NAIROBI (Reuters) - The head of Kenya's largest publicly-traded company has declared personal wealth of $2.7 million, saying he wants to increase transparency in the public and private sectors as part of efforts to fight graft in the East African nation.

Tanzanian president sacks port chief in anti-graft campaign

Tanzania's President John Pombe Magufuli addresses members of the ruling Chama Cha Mapinduzi Party (CCM) at the party's sub-head office on Lumumba road in Dar es Salaam, October 30, 2015. PHOTO BY REUTERS/Sadi Said
Tanzania's President John Pombe Magufuli addresses members of the ruling Chama Cha Mapinduzi Party (CCM) at the party's sub-head office on Lumumba road in Dar es Salaam, October 30, 2015. PHOTO BY REUTERS/Sadi Said
08/12/2015

NAIROBI (Reuters) - Newly-elected President John Magufuli has sacked the head of Tanzania's ports authority and the top official in the transport ministry, part of a campaign to root out corruption and inefficiency in the East African nation.

Stalled Nigerian oil law broken up, new draft splits state giant

President Muhammadu Buhari addresses members of the National Working Committee during the meeting of the All Progressives Congress (APC) party at the headquarters of the party in Abuja, Nigeria, July 3, 2015. PHOTO BY REUTERS/Afolabi Sotunde
President Muhammadu Buhari addresses members of the National Working Committee during the meeting of the All Progressives Congress (APC) party at the headquarters of the party in Abuja, Nigeria, July 3, 2015. PHOTO BY REUTERS/Afolabi Sotunde
By Julia Payne
08/12/2015

ABUJA (Reuters) - Nigeria's government is breaking up an all-encompassing oil bill that has been stuck in parliament for years, replacing it first with a law to overhaul the state sector which aims to close loopholes that bred corruption, according to a draft seen by Reuters.

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