The Securities and Exchange Commission (SEC) on Wednesday obtained final judgment against a former Goldman Sachs executive charged with violating the Foreign Corrupt Practices Act by orchestrating a bribery scheme to help a client win a power plant contract in the Republic of Ghana.
Asante Berko will disgorge $275,000 in ill-gotten gains, plus approximately $54,000 in prejudgment interest. He neither admitted nor denied the SEC’s findings. Though the SEC does not name Goldman Sachs in any of its filings, Berko’s past as a former executive at the bank’s London subsidiary has been widely reported. Read More
She's the first African-American woman to lead an NBA team and says she better not be the last. More than a year after being tapped as CEO of the embattled Dallas Mavericks, Cynthia Marshall says she has turned around the organization's culture and has greatly diversified its top ranks.
A new data protection law in Kenya is setting a high standard for the rest of the continent.
The Regional Chief Executive Officer of United Bank for Africa (UBA) (Group) Limited has called for the conduct of rigorous background checks on workers in sensitive roles and other staff as part of measures to curb cyber-attacks on banks and financial institutions.
Italy has extended its emergency coronavirus measures, which include travel restrictions and a ban on public gatherings, to the entire country. On Monday, Prime Minister Giuseppe Conte ordered people to stay home and seek permission for essential travel. He said the measures were designed to protect the most vulnerable. "There is no more time," he said in a TV address. Italy's coronavirus death toll jumped from 366 to 463 on Monday. It is the worst-hit country after China.
In a red-roofed building at the edge of the University of Abuja Teaching Hospital campus, the walls are freshly painted, a crew is laying pipes for refurbished bathrooms, and others are hauling in furniture. The single-story concrete structure, meant for trauma victims at the largest health-care facility in the Nigerian capital, is being rapidly repurposed to quarantine patients diagnosed with the coronavirus, putting it on the front lines of Nigeria’s—and Africa’s—efforts to contain the illness. “We are moving, we are going to get there,” Yunusa Thairu, the leader of the hospital’s coronavirus response team, tells staff crowded into an auditorium next door. “Let’s be confident. This is not a death sentence.” 
A Tennessee man who became a subject of national scorn after stockpiling 17,700 bottles of hand sanitizer donated all of the supplies on Sunday just as the Tennessee attorney general’s office began investigating him for price gouging.
Policy makers recognise the need for greater controls to prevent privacy violations in this digital world. Several emerging markets and developing economies are considering and enacting data protection policies – 
World Bank Debars 3 Companies for fraud and collusion - The World Bank has announced the debarments of Indonesian, Chinese, and Spanish companies Wednesday in three separate unrelated actions.
US Securities and Exchange Commission fines Nissan $15 million for failing to disclose retirement package for director - The United States Securities and Exchange Commission(SEC) has charged Nissan and its former CEO Carlos Ghosn with fraud for failing to disclose more than $140 million to be paid to Ghosn in retirement.