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Wealth & Power

Who holds capital and political leverage — and how that power is exercised.

Belgium Apologizes for Abducting Thousands of Mixed-Raced Children from DR Congo During Colonial Era

The activities of Belgium in the Democratic Republic of Congo till date are nothing short of atrocities. It is well documented how the European country through colonialism exploited the country and killed its citizens. Today, through a well structured indirect rule and resource control, the footprints of neo-colonialism are visible

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Like Multinational Companies, Africa's Richest Are Hiding Wealth And Avoiding Taxes

The Tax Justice Network-Africa makes a damning observation: "...economic inequality is perpetuated by among other things, non-inclusive, inequitable and unaccountable tax systems characteristic of most countries in Africa." TJN-A's argument is that governments are increasingly employing consumption taxes like VAT (regressive taxes) so as to take

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US Sanctions DRC Election Commission officials for “Obstructing the Will of the People”

In a statement released on Thursday, the US Treasury Office of Foreign Assets Control stated that it had placed three senior officials within the DRC’s National Independent Electoral Commission (CENI) and the former Kabila Government under sanctions. The press release states that this follows persistent corruption to “obstruct and

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Opposition Candidate Asks Court To Sack Nigeria's President Buhari

The presidential candidate of the People's Democratic Party, PDP, Alhaji Atiku Abubakar, has filed a petition against President Muhammadu Buhari and he seems to have a case, of course, if the judiciary is not compromised. The Independent National Electoral Commission had on February 27, declared President Buhari who

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