Beijing, Aug 20, 2026 (AFP) - China jails Evergrande founder for life, fines firm more than US$2 bn

NAMPA / AFP
2026-08-20
China on Thursday sentenced the founder of embattled property giant Evergrande to life in prison and fined the company and an affiliate more than US$2 billion after a high-profile default five years ago. Evergrande Group was the face of Chinese real estate, surfing a decades-long property boom as it peddled home-ownership dreams but its access to credit dramatically narrowed when the government introduced curbs on excessive borrowing and speculat......
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CAPE TOWN, 19 August 2026 - South Africa’s Minister of Sport, Arts and Culture, Gayton McKenzie speaking at Iziko Museum in Cape Town, South Africa during the handing over of remains of former Robben Island prisoners in partnership with the Namibian government. (Photo: Contributed)

CAPE TOWN, 19 August 2026 - South Africa’s Minister of Sport, Arts and Culture, Gayton McKenzie speaking at Iziko Museum in Cape Town, South Africa during the handing over of remains of former Robben Island prisoners in partnership with the Namibian government. (Photo: Contributed)

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WINDHOEK, 19 August 2026 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp speaking at the Iziko Museum in Cape Town, South Africa during the handing over of the remains of former Robben Island prisoners in partnership with the South African Department of Sport, Arts and Culture. (Photo: Contributed) NAMPA

WINDHOEK, 19 August 2026 - Minister of Education, Innovation, Youth, Sports, Arts and Culture, Sanet Steenkamp speaking at the Iziko Museum in Cape Town, South Africa during the handing over of the remains of former Robben Island prisoners in partnership with the South African Department of Sport, Arts and Culture. (Photo: Contributed) NAMPA

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OKAHANDJA, 18 July 2015 - Chief Tjinaani Maharero of the Maharero Traditional Authority and head of the Otjika-Tjamuaha Royal House. (Photo: Contributed) NAMPA.

OKAHANDJA, 18 July 2015 - Chief Tjinaani Maharero of the Maharero Traditional Authority and head of the Otjika-Tjamuaha Royal House. (Photo: Contributed) NAMPA.

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WINDHOEK, 18 August 2026 - First Gentleman Lieutenant General Epaphras Denga Ndaitwah on Tuesday launched the DEN Impact Foundation, an initiative aimed at implementing targeted programs to tackle the escalating social, educational, and mental health issues affecting boys. (Pho: Contributed) NAMPA.

WINDHOEK, 18 August 2026 - First Gentleman Lieutenant General Epaphras Denga Ndaitwah on Tuesday launched the DEN Impact Foundation, an initiative aimed at implementing targeted programs to tackle the escalating social, educational, and mental health issues affecting boys. (Pho: Contributed) NAMPA.

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WINDHOEK, 18 August 2026 - Prime Minister Elijah Ngurare speaking at the launch of DEN Impact Foundation on Tuesday in Windhoek. (Photo: Contributed) NAMPA.

WINDHOEK, 18 August 2026 - Prime Minister Elijah Ngurare speaking at the launch of DEN Impact Foundation on Tuesday in Windhoek. (Photo: Contributed) NAMPA.

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/KHOICHAS, 14 August 2026 - Namibia’s independence was a collective victory. The southern regions of Hardap and ||Karas were central to the struggle, anchored by local churches that risked everything to shelter PLAN fighters and educate the future leaders of our nation. (Photo by: Uakutura Kambaekua) NAMPA.

/KHOICHAS, 14 August 2026 - Namibia’s independence was a collective victory. The southern regions of Hardap and ||Karas were central to the struggle, anchored by local churches that risked everything to shelter PLAN fighters and educate the future leaders of our nation. (Photo by: Uakutura Kambaekua) NAMPA.

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HOACHANAS, 12 August 2026 - Historian and liberation struggle icon Markus Kooper, in collaboration with the Hoachanas community, has established a community library to preserve the history of the southern region, including the Red Clan history and past freedom struggle events. (Photo by: Uakutura Kambaekua) NAMPA.

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