Unity Oilfield in South Sudan’s Unity state [Photo credit is unknown]

 

JUBA – A team of United Nations investigators has asked all Chinese companies in war-torn South Sudan to provide details on how the country’s petroleum revenue are remitted to the government as the group said they have information that the money has not been transferred to the government via legal means.

The UN Panel of Experts said in a letter addressed to the DPOC, one of the Chinese companies operating in South Sudan’s oil sector, said it has reports of misappropriation of public funds as well as lack of transparency.

“The Panel seeking clarification on the financial transactions that DPOC has made to the government and Nilepet. The Panel is seeking detailed responses because the Panel has received information that DPOC has not remitted the payment to the Bank of South Sudan for yearly surface rental fees,” the letter dated February 16 and seen by Sudans Post says.

The UN panel of experts also says it is “concerned that the public revenue Nilepet has earned from its eight percent stake in the consortium has not been transferred from DPOC accounts transparently.” - Sudans Post

Westlands district of Nairobi, Kenya. Photo LUIS TATO/AFP or licensors

 

A UK company, Camellia Group, agreed to settle legal claims from a number of Kenyan and Malawian women over gross human rights abuses and rape allegations.

The firm's guards have been accused of committing atrocities ranging from killings, rape and other forms of sexual and gender-based violence.

The Macadamia, tea and avocado company paid a total of over $9.7 million to 85 women in Muranga country in central Kenya and Mulanje and Thyolo districts of Malawi.

A statement from the company’s update on February 11 reads: “In January 2020, Camellia Plc announced that it and certain UK subsidiary companies faced legal claims in the UK based on allegations against two businesses in its African operations, namely Kakuzi in Kenya and EPM in Malawi. These claims have now been resolved at settlements costing up to £4.6m in relation to the Kenyan claims,and £2.3m in relation to the Malawian claims.”

Camellia Group has also vowed to address any issues that will culminate later from any misconduct from workers.

They also promised to build new roads and employ safety marshals to provide security to communities and workers.

Besides the pay, the group also vowed to improve safety for female employees, facilitating community amenities and training programs for its employees.

“The settlement is intended not only to resolve the claims themselves but also to help Kakuzi to strengthen its relations with the local communities and to continue to support the thousands of smallholder farmers who rely on Kakuzi to get their avocados to market,” said Camellia. - Michael Oduor, AfricaNews

 

KIGALI, Feb. 11 (Xinhua) -- Rwanda recorded a decline of 47.1 percent of investments in 2020, from 2.46 billion U.S. dollars in 2019 to 1.3 billion dollars, Rwanda Development Board (RDB) said in a statement on Thursday.

RDB attributed the decline to the COVID-19 pandemic that affected the global economy. According to the statement, real estate and construction and manufacturing accounted for 48 percent and 20 percent respectively of investments in 2020, and other sectors that attracted significant investments included agriculture, information communication technology (ICT), energy, mining and financial services.

Foreign direct investments contributed 51 percent of the total investments registered in 2020, while joint ventures and local investments contributed 29 percent and 20 percent, respectively, it said.

"The year 2020 was challenging for investment and business in general. Despite the global economic slowdown resulting from the COVID-19 pandemic, Rwanda registered significant investments in key sectors of our economy," said RDB CEO Claire Akamanzi in the statement.

The government of Rwanda is committed to supporting businesses recover through initiatives like the economic recovery fund.

However, the investment arm of the Rwandan government last week said 24 more companies from China were registered in Rwanda last year, bringing in investments totaling 300 million U.S. dollars. - Xinhua

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