
US SEC moves to curb bribery by US firms operating in Africa
In its bid to assist African Government to fight the hydra-headed monster of corruption, the United States of America Securities and Exchange Commission voted 2-1, yesterday, to adopt an anti-bribery rule that will require energy and other companies to disclose payments they make to governments out side the United States and for manufacturers to disclose to investors whether their products contain certain minerals from conflict torn Africa countries especially from the Democratic Republic of the Congo.