Musk’s record $56bn pay deal rejected for second time

Tesla chief executive Elon Musk’s record-breaking $56bn (£47bn) pay award will not be reinstated, a judge has ruled. The decision in the Delaware court comes after months of legal wrangling and despite it being approved by shareholders and directors in the summer. Judge Kathaleen McCormick upheld her previous decision from January, in which she argued…

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Accelerate reforms on global financial architecture

Dr. James Alic Garang Governor- Bank of South Sudan & Chair EAC Monetary Affairs Committee. Calls to reform the global financial architecture dominated the just concluded annual meetings of the International Monetary Fund and the World Bank. The chair of the East African Monetary Affairs Committee who is also the governor of the Bank of…

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