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Rough waters: EAC firms brace for costly imports as freight ships shun Red Sea

East African countries have been hit hard by higher freight costs and longer cargo delivery time, as Yemen’s Houthi rebels step up attacks on ships traveling through the Red Sea to the western end of the Indian Ocean. Ports in Kenya and other East African ports should expect slower business in the immediate future as […]

Ethiopia: Head of Supreme Court, her deputy resign

Meaza Ashenafi, President of Ethiopia’s Federal Supreme Court and her deputy, Solomon Areda Waktolla have thrown in the towel, more than three years into their jobs. The pair were nominated by Prime Minister Abiy Ahmed to the House of People’s Representatives (HPR) on 01 Nov. 2018. They have both received a unanimous vote from the […]

Fishrot: Iceland, EU slammed for failing to prosecute suspects in Namibia corruption scandal

The European Union has been slammed for its inability to act against Samherji, Iceland’s largest fishing company, following its involvement in one of Africa’s biggest scandals, as it has exposed the hollowness of its self-declared fight against corruption. The financial scandal — named after a 2019 Wikileaks release called the “Fishrot Files” — stretches from […]