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Zambian minister Chitotela could bag five year jail term for corruption

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Zambia’s housing and infrastructure minister Ronald Chitotela has been arraigned at the Lusaka magistrate’s court on allegations of corruption ranging from concealing two properties believed to have been bought with the proceeds of crime.




Other suspects including Gregory Chibanga, Diris Mukange, and Bruth Holding Limited also facing charges relating to the concealment of plots of land purchased in the capital Lusaka’s upmarket Makeni and Ibex Hill areas with the proceeds of crime. They were allegedly registered in Mukange’s name.

Chitotela was taken into custody last week by the Anti-Corruption Commission and released on bail pending the court hearing.

Calls for the minister’s dismissal have been growing but President Edgar Lungu has defended him, saying that he should be presumed innocent until proven guilty.

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This has not washed with the president’s critics who assert he is trying to rehabilitate his government’s image of being soft on graft.

Furthermore, there are strong doubts that any top officials can be successfully prosecuted.

The court has been adjourned until next Tuesday. If convicted, Chitotela faces up to five years in prison.

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-IOL News

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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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