patience

Zimbabwe's President Pleads Patience Amidst Economic Crisis

Zimbabwe’s President Pleads Patience Amidst Economic Crisis

Zimbabwe’s President Emmerson Mnangagwa has pleaded for time and patience to bring the country’s economy back from the “dead”, as his government faces blame for surging inflation that evokes dark days under late former leader Robert Mugabe.

Hopes that the economy would quickly rebound under Mnangagwa, who took over after Mugabe was deposed in a coup in November 2017, have faded fast with Zimbabweans grappling with acute shortages of fuel and electricity as well as soaring prices.

In a state of the nation address in the Parliament of Zimbabwe on Tuesday – a speech boycotted by the main opposition Movement …

Patience Jonathan’s $5.7m, ₦2.4bn: EFCC seeks forfeiture

Patience Jonathan’s $5.7m, ₦2.4bn: EFCC seeks forfeiture

The Economic and Financial Crimes Commission (EFCC) yesterday urged the Federal High Court in Lagos to order the final forfeiture of $5.7million and N2.4billion belonging to former First Lady Dame Patience Jonathan.

It said the money is reasonably suspected to be proceeds of crime.

Moving an application for the final forfeiture, the EFCC’s lawyer, Rotimi Oyedepo, said Mrs Jonathan did not earn the money legitimately.

But, Mrs Jonathan, through her lawyer, Chief Ifedayo Adedipe (SAN), said the money was not stolen.

He said it was part of gifts from friends, adding that nobody complained that their money was stolen.

Justice …