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Several government departments have come under fire in a report by auditor-general Terrence Nombembe who found a series of irregularities, poor financial controls and reporting by departments,...
South African municipalities have underspent R12.4-billion, or 29.3%, of their capital budgets in the 12 months to the end of June 2011, the National Treasury has stated, the threat of disruption...
As Nigerians take to the streets in what has been described as an ‘indefinite strike’ against the controversial removal of the fuel subsidy, many experts have warned that such a move will...
Eskom has warned of a "very high" risk of rolling blackouts around the country, but is doing everything it can to avert it, Nigerian unions begin a second day of nationwide strikes today to protest...
Nigeria's anti-corruption police arrested two ex-ministers late on Monday as part of a probe into how former President Olusegun Obasanjo's government spent $165 million meant to improve airline...
A daughter of former Nigerian President Olusegun Obasanjo has been remanded in custody after turning herself in to face charges of embezzling public health funds.
Iyabo Obasanjo-Bello, a serving...
Former Nigerian President Olusegun Obasanjo's administration paid non-existent companies over $50 million meant to finance a revamp of the moribund power sector, an investigative panel said on...
Nigeria's National Assembly passed an amended 2008 budget on Wednesday after President Umaru Yar'Adua rejected a previous version because the lawmakers had approved some huge spending...