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Zimbabwe Celebrates Africa Day With Vision Against Corruption

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The government has embraced Africa’s vision to ending corruption with significant strides having been made at country level in this endeavour.

Zimbabwe marked Africa Day for the first time under a new dispensation with government embracing the vision to tackle corruption head-on in order to steer growth on the continent.

The celebrations themed on the fight against corruption, come at a time when President Emmerson Mnangagwa recently also established a special anti-corruption unit housed in the Office of the President and Cabinet to improve efficiency in the fight against all forms of graft and to strengthen the effectiveness of national mechanisms for the prevention of corruption.

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Officiating at a dinner hosted for the diplomatic community, particularly African ambassadors, the Minister of Foreign Affairs and International Trade Lieutenant General Dr Sibusiso Moyo said Zimbabwe has already embraced the African Union’s dream of stamping out corruption so that Africa can one day write its own history, symbolised by glory and dignity as espoused in the 1960s by former Prime Minister of DRC, then Zaire, Dr Patrice Lumumba.

“For this to happen, it is imperative that we intensify our efforts to rid our continent of the cancer of corruption that is debilitating our economies. In this context, we applaud the African Union assembly for the choice of a very pertinent and relevant summit theme,” said Dr Moyo.

According to the United Nations Economic Commission for Africa (UNECA), US$148 billion is drained from the continent through various corrupt activities and the amount represents about 25 percent of Africa’s average gross domestic product.

Minister Moyo thanked the diplomatic community for standing by Zimbabwe during its peaceful transition last year, adding government is now more determined than ever to see the nation rise out of the ashes of the last two decades.

The African Continental Free Trade Area, the single African air transport market, Zimbabwe’s accession to the AU Peace and Security Council and forthcoming elections, all came under spotlight as Africa marks 55 years since the formation of the Organisation of African Unity in 1963.

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Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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