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Cambodian political opposition leader Sam Rainsy has launched a campaign to help Cambodians impoverished by government-ordered lockdowns amid rising numbers of COVID-19 infections in the country, raffling his Casio wristwatch valued at $5.00.
The move by the exiled party leader has sparked calls for Prime Minister Hun Sen to sell his own watches, valued at many millions of dollars more.
Sam Rainsy’s campaign will run for three weeks beginning May 16, with 10,000 tickets expected to be sold and proceedings broadcast live via Zoom.
“My watch is worth $5. If you think this is a good deal, please contribute that amount,” said acting Cambodia National Rescue Party (CNRP) president Sam Rainsy, who lives in self-imposed exile in Paris to avoid a string of convictions in Cambodian courts widely considered to be politically motivated.
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FOR any student of Nigerian history or close watchers of its current affairs, the country’s lugubrious ranking on the inaugural Chandler Good Government Index (CGGI) released last week by the Singapore-based Chandler Institute of Governance could not have come as a surprise. In fact, it tracks the country’s ranking on similar indexes over the years by, for instance, the Berlin-based Transparency International (TI). More to the point, the country’s ranking of 102 out of 104 countries for which data were collected on a range of indicators accords with what ordinary Nigerians feel, know, and experience about their country on a daily basis.
Angola Made Her Africa’s Richest Woman, But the Tide Has Turned
Bloomberg 2 hrs ago
(Bloomberg)
A year after Angolan authorities cracked down on her multibillion-dollar business empire, Africa’s once-richest woman is watching it crumble.
From self-imposed exile in Dubai, Isabel dos Santos has been fighting a legal battle against Angola’s government as court orders roil her companies. In Luanda, shelves at the Candando supermarket stores are more than half-empty. A beer factory south of the capital is running at 30% of its production capacity. Operations at the country’s biggest cement maker have also slowed.
All of the businesses are controlled by Dos Santos, who Angolan prosecutors accuse of causing more than $5 billion of losses to the southwest African nation’s economy during her father’s 38-year rule. He stepped down in 2017, making way for longtime ally Joao Lourenco. Within months, Lourenco turned on the family, firing Isabel as chairwoman of state oil co
Angola Made Her Africa’s Richest Woman, But the Tide Has Turned
Bloomberg 3 hrs ago
(Bloomberg)
A year after Angolan authorities cracked down on her multibillion-dollar business empire, Africa’s once-richest woman is watching it crumble.
From self-imposed exile in Dubai, Isabel dos Santos has been fighting a legal battle against Angola’s government as court orders roil her companies. In Luanda, shelves at the Candando supermarket stores are more than half-empty. A beer factory south of the capital is running at 30% of its production capacity. Operations at the country’s biggest cement maker have also slowed.
All of the businesses are controlled by Dos Santos, who Angolan prosecutors accuse of causing more than $5 billion of losses to the southwest African nation’s economy during her father’s 38-year rule. He stepped down in 2017, making way for longtime ally Joao Lourenco. Within months, Lourenco turned on the family, firing Isabel as chairwoman of state oil co
Isabel dos Santos. Image: Nuno Coimbra
A year after Angolan authorities cracked down on her multibillion-dollar business empire, Africa’s once-richest woman is watching it crumble.
From self-imposed exile in Dubai, Isabel dos Santos has been fighting a legal battle against Angola’s government as court orders roil her companies. In Luanda, shelves at the Candando supermarket stores are more than half empty. A beer factory south of the capital is running at 30% of its production capacity. Operations at the country’s biggest cement maker have also slowed.
All of the businesses are controlled by Dos Santos, who Angolan prosecutors accuse of causing more than US$5-billion of losses to the southwest African nation’s economy during her father’s 38-year rule. He stepped down in 2017, making way for longtime ally Joao Lourenco. Within months, Lourenco turned on the family, firing Isabel as chairwoman of state oil company Sonangol. Two years later, authorities froze her domestic a