Kampala, Uganda | THE INDEPENDENT | Makerere University Convocation, a body that brings together former students and staff of Makerere University has intervened to resolve bickering between management and staff associations at the institution. Convocation chairperson Dr Tanga Odoi says that he was compelled to summon executives of staff associations to …
Read More »Eni and Shell trial over Nigeria kickbacks postponed
Milan, Italy | AFP | A trial for oil giants Eni and Shell over bribery and corruption allegations in the purchase of an offshore oilfield in Nigeria was delayed for two months on Monday. The trial had been set to start in a Milan court, but the judge said that, …
Read More »Eni and Shell go on trial over Nigeria kickback scandal
Milan, Italy | AFP | Oil giants Eni and Shell go on trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni and Shell are among those facing …
Read More »For women CEOs, danger lurks atop the corporate ladder
New York, United States | AFP | In one recent 24-hour span, two women were pushed out of leadership roles at major US corporations, spotlighting how investor pressure can frustrate efforts to broaden diversity in the boardroom. Ellen Kullman, Meg Whitman, Mary Barra, Indra Nooyi, Marissa Mayer, Irene Rosenfeld, Sheri McCoy …
Read More »Lafarge boss to step down after probe reveals armed group funding
Paris, France | AFP | French-Swiss cement maker LafargeHolcim said Monday its chief executive Eric Olsen is stepping down following an internal investigation into the company’s activities in Syria. His resignation, which has been accepted by the group’s board, will be effective on July 15, LafargeHolcim said in a statement. …
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