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...It alleged that Gómez received favours from private businesses that won government tenders and were awarded subsidies....
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...The proceedings against Gómez were opened after a union called Manos Limpias — or Clean Hands — filed a complaint founded on a series of stories published by news organisations, notably El Confidencial....
...He said he was cancelling his public duties for the next few days and would announce a decision on his future on April 29.Earlier in the day a judge opened judicial proceedings against his wife Begoña Gómez...
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...Manos Limpias alleged that Gómez received favours from executives of Air Europa and its parent company, Globalia, in her capacity as director of a university research centre....
...PIC has a mandate to foster the country’s development including a long-term future for mines that provide jobs and skills in a country with a one-third jobless rate....
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...“Prompt implementation of a debt restructuring agreement with bondholders is not only in Zambia’s interests, but the wider creditor community as a whole,” said a steering committee for the external bondholders...
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...But it’s a helpful construct for analysis. If there is a trend in the five-factor portfolio performance, that should produce a corresponding trend in quant performance....
...“Zimbabwe has less than a month of reserves, not enough to defend the structured currency,” said economist Tinashe Murapata. “A new currency every five years now seems the norm.”...
...too risky only a few weeks ago....
...Zambia’s official creditors including China have already signed up to debt relief, which made a private creditor deal the last hurdle to leaving a 2020 default behind....
...MultiChoice’s board will take independent advice in reviewing the R125 ($6.55) a share cash offer from Canal+, up from a R105 a share offer made in February....
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