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Tue,23Dec2014

debts

Ghana's debut 7-year bond oversubscribed, 17.5 pct yield

Cedi Notes/Photo©ReutersThe Bank of Ghana accepted 102 million cedis worth of bids for its debut seven-year bond at an average yield of 17.5 percent in a heavily oversubscribed issue on Thursday, the head of treasury said.

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Zimbabwe: Bribes, sex and a ballooning electricity debt



File photograph of electricity meters©ReutersA number of Zimbabweans owe substantial sums of money for electricity they don't receive, while others get free electricity thanks to corruption at Zimbabwe's electricity utility company.

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A multi million dollar debt for Air Zimbabwe

Air Zimbabwe workers are owed over $ 35 million in salaries dating back back to 2009State owned Air Zimbabwe is now under judicial management and faces liquidation after its debts shot to $140 million.

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