In Namibia, the “Namibian Defence Force lost N$10 million of taxpayers’ money in a failed farm deal after the private seller pulled the plug on the transaction”. The money was lost because the government failed to pay within the agreed time frame the remaining N$ 14 million.
Rwanda’s exports are increasing, but the balance of trade is getting worse. While exports increased by 7.5%, imports increased by 18%.
In Malawi a judge sentenced to death three individuals for killing albinos. Foreign shops were looted in Soweto, while opposition MPs in Zimbabwe compared to Maintenance of Peace and Order Bill (MOPA) to some of the most dreadful pieces of legislation in force during apartheid.
Oil discovery makes analysts believe that DRC may join Nigeria as Africa’s largest oil producer, and thanks to the newly dscovered oil, DRC’s GDP could double.