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Arabica Robusta

Pambazuka - The invention of the indigène - 0 views

  • The violence in Congo may seem unintelligible but its roots lie in institutional practices introduced under colonialism, which 50 years of independence have only exacerbated. At their heart is an institution known as the native authority. Since the colonial period, native authorities have had jurisdiction over ‘tribal homelands’. As a system of power, the native authority claims to represent age-old ethnic identity. But ethnicity refers to cultural difference, and there is no necessary link between culture and territory.
  • The colonial system thus rested on a dual system of institutionalised discrimination dressed up as cultural difference: by race in the cities and tribe in the countryside.
  • Ethnic cleansing is rarely spontaneous; it requires elite conspiracies and methodical popular organisation.
    • Arabica Robusta
       
      "Elite conspiracies ... methodical popular organization" and ethnic cleansing.  Why is it so difficult to draw a bead on the ethnography of these elite conspiracies, the co-opting of the vulnerable, and the planning of "spontaneous violence"?
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  • In Katanga, where the Union Minière du Haut-Katanga – a partnership formed in 1906 between King Leopold II, the Société Générale de Belgique and British interests – demanded a flow of cheap labour to exploit the region’s mineral resources, the government obliged with a series of decrees, in 1906, 1910 and 1933, requiring that each ‘tribe’ be identified, separated and resettled in its own ‘homeland’, supervised by its own native authority. One district commissioner complained of his duties that some ethnic groups were ‘totally jumbled’: ‘It will be very difficult to organise them.’ The separation was accomplished between 1925 and 1930, by means of ethnic cleansing.
  • When they confronted the militant Luba trade unions in the mines of Katanga, the Belgians forged an alliance with the indigenous Lunda, and proclaimed a coalition of ‘civilisers’ and ‘authentic Katangans’.
  • The government of the newly independent Congo responded to the secession in Katanga by sending in troops. Ordered to also put down the South Kasai secession on their way to Katanga, the Congolese National Army went on a rampage, slaughtering civilians. Georges Nzongola-Ntalaja, the Congolese political historian, has argued that the prime minister, Patrice Lumumba, committed his ‘first major political blunder’ when instead of seeking to heal the rift in a ‘bitter inter-ethnic conflict’ between ‘indigènes’ and ‘non-indigènes’, he chose to side with one group against another. His political enemies held Lumumba responsible for the ensuing political violence; on 5 September 1960 Dag Hammarskjöld, the UN secretary general, described it as ‘genocide’. On the same day, the president, Joseph Kasa-Vubu, dismissed Lumumba.
  • A census tagged every villager as a ‘native’ of a particular tribal homeland. ‘Forced relocations,’ Johan Pottier writes, ‘were the norm.’
  • Part constitutional conference, part transitional government, the CNS was meant to be the mechanism that took Zaire into the post-Cold War world of multiparty democracy.
  • The proceedings of the CNS were televised throughout urban Congo, inspiring the growth of civic organisations and strengthening the opposition, but as it prepared to deal with two of the most sensitive dossiers on its agenda – ill-gotten gains and political assassinations – the conference was abruptly closed in December 1992 and never reconvened. This was a sign of the regime’s continuing strength, and the fragility of the opposition. The key weakness of the opposition was that it failed to move away from nativist definitions of political belonging, which fragmented it again and again, to an inclusive understanding of citizenship, which might have appealed to immigrants who had come to Congo at different periods and united them in a single movement.
  • The existence of the Hutu camps, armed and funded, and home to two million refugees or more, had a devastating effect on civilian life in Kivu. It led to the dollarisation of the economy and price rises (including rents) well beyond the reach of local people. As the Interahamwe unleashed a regime of terror against Congolese Tutsi, another wave of younger men moved across the border to enlist in the RPF. Among them was Laurent Nkunda, the future commander of the notorious Banyamulenge militia (Tutsi), wanted for war crimes in Congo and now detained in Rwanda. The anatomy of political life in Kivu began to resemble that of Rwanda just before the genocide, where every political party had its own militia: in Kivu, every native authority began to acquire one.
  • Two conferences have been held to try to halt the conflict in Congo, the first in Lusaka, Zambia, in 1999, the second in Sun City, South Africa, in 2002. The Lusaka agreement required the foreign forces to withdraw and the local militias to disarm under UN auspices. Sun City, by contrast, bore a recognisably South African imprint: opposition groups would participate in the transitional government, the national assembly and the senate, while the militias – numbering anywhere between 50,000 and 300,000 men – would be integrated into the new national army along with former rebels, in a process known as ‘brassage’.
  • Why lump rebels and local militias together when the first were organised along ideological lines as a supra-local army and the second were largely a local phenomenon tied to specific communities?
  • The supreme difficulty in Congo, as I’ve said, is the persistence of the native authority, which, for all the complexities of ethnicity, is still in place as an organising principle. It is now the terrain on which new forms of political authority, flaunted by young men bearing arms, confront older forms steeped in patriarchal tradition. (This same confrontation has also unfolded in Northern Uganda and Sierra Leone, where youth-led rebellions have eroded older kinds of authority.)
  • Even the worst perpetrators of violence in Congo must be understood as human actors caught up in a conflict that started with the colonial conquest a century ago. That means shifting the focus from individual acts to the cycle of violence, from atrocities to the issues that drive them. Instead of recognising and facing the real challenge – to reform the native authority so that local militias can be held politically accountable – the ‘international community’ has chosen to induct them into a ballooning, dysfunctional colonial-style army, leaving the native authority to grind along unchanged.
Arabica Robusta

Pambazuka - Defining Zimbabwe's national heroes - 0 views

  • We will all be Zimbabwean heroes/heroines of our time. It is the revolutionary Franz Fanon who coined the phrase, ‘Each generation must discover its mission, fulfill it or betray it, in relative opacity.’
Arabica Robusta

Pambazuka News : Issue 714 (Revolution and Pan-Africanism) - 0 views

  • A cursory study of Malcolm’s life quickly illustrates the reasons behind his popularity and the desire of so many to move him into their political camps. Malcolm’s well-documented journey from street hustler to world renowned spokesperson and organiser for African liberation reflects the hard work and determination that many of us can only dream about. His fearlessness in articulating the problems of white supremacy and capitalism and his unique ability to take difficult political and economic concepts and break them down for common consumption and understanding were skills that motivated millions since Malcolm first joined the Nation in the 1950s.
  • Malcolm’s final speeches are filled with invectives for Africans in the US to stop expecting freedom in the US, while Africa was subjugated because Africa’s freedom was dependent upon releasing the very same forces that keep Africans in the US oppressed. Malcolm characterised this reality with his statements that Africa “is at the centre of our liberation” and that socialism is “the system all people in the world seem to be coming around to”.
  • The writing on the wall had been provided to Malcolm by his meeting Pan-Africanists like Kwame Nkrumah and Sekou Toure. For anyone who doubts the impact these meetings had on Malcolm’s thinking all one has to do is read his own words in his autobiography. Malcolm described his meetings with Nkrumah as “the highlight of my travels” and “the highest honour of my life”. These words are true despite those meetings being ignored in Spike Lee’s 1992 biopic film and in pretty much everything else portrayed about Malcolm’s life.
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  • Nkrumah’s book of letters The Conakry Years, which consisted of all of Nkrumah’s personal letters written and received while he was in Guinea after the Central Intelligence Agency’s sponsored coup that overthrew his government on February 24, 1966 (almost a year to the day after Malcolm was assassinated) contains letters Nkrumah wrote to Malcolm and to others about Malcolm, detailing Nkrumah’s efforts to persuade Malcolm to stay in Ghana and become a part of Nkrumah’s staff to work on their Pan-Africanist objective.
  • Nkrumah’s letters mention that he confided in Malcolm that Ghanaian intelligence forces had revealed that Malcolm would be killed within months if he returned to the US but according to Nkrumah, that revelation seemed to spark Malcolm’s desire to return to the fire-hot situation against him in the US. Still, Malcolm collaborated in his recently published diary his intense desire to become a part of this network of Pan-Africanists in West Africa.
  • It’s also worth noting that three short years later another African revolutionary from the US ended up accepting Nkrumah’s offer to move to Guinea-Conakry and become his political secretary. Kwame Ture – then known as Stokely Carmichael – left the Student Non-Violent Coordinating Committee and the Black Panther Party and agreed to accept the task of building the All-African People’s Revolutionary Party (A-APRP).
  • There’s little question that people within the Nation had some involvement. The antagonism between Malcolm and the hierarchy of the Nation of Islam at the time, including National Secretary John Ali, Elijah Muhammad Jr. (son of Nation of Islam leader Elijah Muhammad), Minister James Shabazz from New Jersey, Clarence X Gill the Fruit of Islam Captain from New Jersey and others, is well documented.
  • There’s no refuting that Malcolm was diagnosed as being poisoned in Egypt and his recollection of the experience in his diary will make your own stomach tighten up. There’s also no doubt that the French Government, which had no policy of rejecting entry to persons, refused Malcolm entry into their country shortly before his murder while the rumours swirled that their decision was based on their desire to not permit Malcolm to be killed on French soil.
  • We are completely aware that it is the job of our enemies to confuse people about whom we are and who our leaders are, so the Malcolm X postage stamp and every other way the capitalism system makes a concession to recognising the revolutionary Malcolm is only happening because they want to frame his image before we do.
  • It won’t work. Sekou Toure was correct when he said “truth crushed to Earth shall rise a thousand times”. Malcolm was a Pan-Africanist, that’s why there are as many, if not more, tributes to him outside of the US as there are inside. The people of Ghana expressed their understanding of this phenomenon in 1964 when they named him Omawale – "the son who has returned home".
Arabica Robusta

Pambazuka - Robert Mangaliso Sobukwe: What a sense of mission! - 0 views

  • Sobukwe was arrested in Soweto, Johannesburg, in 1960 and subsequently imprisoned for organising and leading the March 21, 1960 anti-pass march. It was a peaceful protest against an indentification card that was mandatory for Africans under the apartheid regime. The march culminated in the settler-colonial regime massacre of people at Sharpeville and Langa townships of present-day Gauteng and Western Cape respectively. While wee may probably never be able to hear Sobukwe’s voice again because the settler-colonial regime ensured he remains silent beyond his grave by banning him and destroying the audio material containing his voice, his ideas remain. We wish we could hear him talk.
  • there had to be an African democratic government
  • there had to be rapid extension of industrial development to help, among other things, alleviate pressure on the land as well as ensure full development of the human personality in a socialist context.
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  • continental unity.
  • the US encouraged European countries to end their direct colonization of other people and their lands and opt for development aid – a disguised form of colonization, since this aid means the former colonies now owed the former colonizer. Not a single country has ever managed to pay off any of those loans.
  • Looking at what is happening today in South Africa, one can only marvel at what Sobukwe foresaw decades ago. South Africa is still trapped in the colonial patterns of trade which exports large quantities of raw mineral resources to other countries and then becomes the market for their finished products.
  • Today this can be seen in the bilateral agreement between Pretoria and Beijing. The agreement allows for the massive exportation of South Africa’s raw mineral resources to China while China sells back their finished textile products.
Arabica Robusta

Pambazuka - Party militias and election-related violence in Tanzania - 0 views

  • the decision by opposition political parties to institute their own militias isn`t an act of mere emulation. Rather, it is a protest against how the ruling party and government have been handling democratic transition in the country, at least, and a failure of the establishment to uphold the constitution, at most.
  • Analyses of previous elections in Tanzania (2005, 2009 and 2010) indicate that election related violence and cases of electoral misconduct have been increasing in tandem with the increase in political competition especially in the mainland. Several scholars have postulated that the 2010 general election experienced increased competition and unprecedented levels of violence in that part of the country.[17]
  • In this election year, the main role of the party guards, according to CHADEMA, will be protecting its share of votes against usual thievery from the ruling party. Several thousand youths took their oaths early this year.[31] The police force was keen enough to notice and promise action.[32] It is hard to tell how many youths CCM has mobilized, again because of their discreet approach.
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    • Arabica Robusta
       
      Party militias threaten monopoly of state violence.
  • The level of mobilization and training of party guards currently exercised by the leading political parties in Tanzania especially in the mainland amounts to the breach of the constitution. The ruling party and government jointly shoulder the responsibility for failing to uphold the constitution. One sees an institutional weakness of a high degree in this matter.
  • Following the winds of change that blew across Africa in 1990s, just like in other parts of the world, Tanzania experienced the pressure to change accordingly. As a result, then President Ali Hassan Mwinyi appointed a commission headed by Judge Francis Nyalali and tasked it with looking into whether the nation should stick to the single party rule or adopt a multi-party political dispensation.[11] Among other findings, the commission recommended the adoption of a multiparty system and identified 40 laws which had to either be repealed or reformed to suit the new political arrangement. At this juncture, it is important to note that the establishment of the people`s militia had been commissioned by the ruling party (TANU) and there wasn`t a specific law in that respect. This didn`t sound legally awkward at the time possibly due to supremacy of the party but the Nyalali Commision Report (1992) hinted that, although the people`s militia was recognized by law, it was not legally established.[12]
Arabica Robusta

Pambazuka - 'Under no circumstances' clause is inviolable - 0 views

  • It is my submission that regarding presidential terms limit, under Rwanda’s constitution, Kagame has only two options: either to abide by the Article 101 provision that ‘Under no circumstances shall a person hold the office of President of the Republic for more than two terms’, or overthrow the constitution and his government, which would allow him to write a new constitution.
Arabica Robusta

Pambazuka - Ivory Coast needs a transition phase - 0 views

  • can this requirement be fulfilled this year? For many pressure groups like the Committee of Actions for Ivory Coast in the United States (C.A.C.I-USA), there cannot and should not be any election in Ivory Coast in 2015, unless the political body wants to trigger new violence and erase the democratic gains that Ivorians have enjoyed starting April 1990.
  • The second reason is that accepting a presidential election in 2015 would legitimate the regime in power, condemn Laurent Gbagbo, approve violence as a means to access power, and negate Ivory Coast’s right to sovereignty and democracy.
  • The relative obscurity for Ivory Coast is the uncertainty of durable peace and independence. There are two ways to end this obscurity: refraining from a presidential election in 2015 and installing a political transition. There are ample constitutional reasons to object to the presidential election now. The most important is avoiding further chaos and giving the political body sufficient time to install a political transition. Indubitably, a political transition is the golden alternative for peace in Ivory Coast.
Arabica Robusta

Pambazuka - Women up in arms - 0 views

  • While the Kurds have been fighting for their survival against ISIS in the Syrian/Turkish border town of Kobane, the Zapatistas put down their arms over 20 years ago and have maintained a non-violent struggle since. In both cases, women have fought alongside men against their own collective obliteration while making radical changes in their gender relations. Working towards more equity makes possible more direct democracy in building greater autonomy from the state.[1] In both efforts, there is also a deep connection to land[2] that regards the value of women and the environment as essential to life itself.
  • These radical changes in gender relations are occurring in contexts of tremendous violence and war of both high and low intensity. In Kobane, near the Turkish border, Kurds have been upholding a heroic resistance to the ravages of ISIS on the one hand, and the racist and repressive manipulations of the Turkish State on the other. In Chiapas, the Zapatistas have been building their autonomy within the increasing violence of a narco-state that dominates much of the nation, where it is hard to discern the difference between government and drug traffickers.
  • Abdullah Öcalan, who has been imprisoned in Turkey since 1999. His “Democratic Confederalism” aims to build a new system that works towards the just distribution of resources as well as the conservation of the environment. It seeks to create a society free of sexism, replacing traditional patriarchal societies, religious interpretations, and capitalist merchandising of women. The movement has undertaken an intense societal and educational labor to combat the patriarchal mentalities implanted in women, as a form of submission, and in men, in form of domination.[4]
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  • Similarly, the PKK’s “Jineology Committee” studies women’s histories to understand the construction of hierarchies and nation-states that erode women’s power in society. Both communities come from intense patriarchal histories and contexts, so there is still a long way to go in both movements. Yet in a short time they have made extraordinary gains. Women are increasingly represented on governing councils and active in their armed ranks, but the real revolution is seen within the domestic sphere, where caring for children, health and home are shared labor between men and women.
Arabica Robusta

Pambazuka - Walter Rodney: Balancing isolation of political cynicism and facilitation o... - 0 views

  • Dr Rodney was assassinated in 1980 against the backdrop of a mass movement for political change in Guyana, which was being led by his party, the WPA, and inspired partly by him as a symbol of the times. After years of inaction by both the PNC and PPP governments, the Ramotar-led PPP in 2014 mounted a Commission of Inquiry (CoI) into the assassination.
  • It immediately became clear that this move was meant more as a political manoeuvre by the PPP than as a search for the truth. The PPP, leading a minority government, was prepared to do anything, including pimping the martyr, to regain total power.
  • As was the case with many intellectuals of his generation, Dr Rodney did not confine his energies to the traditional classroom. Rather, he extended the classroom to include the street corners and bottom-houses where the masses of people could be reached. Walter Rodney was the consummate public intellectual, whose academic work was first and foremost a tool and avenue for socio-political change. As a product of the Caribbean decolonisation and Independence moments, he saw his primary role as one of service to the wider community in aid of making independence and freedom meaningful to all citizens, especially the poor.
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  • In keeping with his praxis of the responsibility of the intellectual to the wider society, Dr Rodney became involved in the struggle for socio-political justice wherever he found himself. This activism brought him into conflict with the new post-independence government and state, which quickly became suspicious and, in some instances, intolerant of dissent. It was against this background that he was banned from Jamaica in 1968 by the then government, which viewed his groundings with the poor and the powerless as a form of political destabilisation.
  • His move to the University of the West Indies in Jamaica brought him into contact with the wider Caribbean movement. It was at this point that he made the crucial decision to study African history, a decision that further broadened his world-view. By the time he earned a doctorate in that field at age 24 in 1966, his reputation as a brilliant scholar was already developing.
  • The challenge for both parties and the government to which they belong is how to isolate the PPP’s cynicism without compromising justice for Dr Rodney. Unfortunately, the government has done a poor job in that regard. Reckless and uninformed statements by some ministers have not helped. How do we expect to build a new political culture when we pay scant respect for justice for those who suffered and engage in derision and dismissive rhetoric about those who sought to liberate our minds and our society from plantationhood?
  • In the end, this government which I voted for and support to the fullest cannot and must not stand in the way of its own historical mandate to help raise Guyana to a new and enlightened existence. This government cannot disappoint Guyana; if it does, we will be forever confined to the backwaters of the political world.
  • In the end, Walter Rodney’s spirit will not go away because, he, Dr Rodney, was more than just a trouble-maker, he was, still is and will always be a huge part of the conscience of this idea and reality called Guyana, the Caribbean Civilisation and their contribution to World Civilisation.
Arabica Robusta

For Abiy Ahmed's Ethiopia: constitutional insights from Ali Mazrui | Pambazuka News - 0 views

  • Another one would be to require that a president is not electable unless he or she has a minimum of multi-regional support.  It is not enough that a head of state has a majority of the people of his or her side; that majority must also be distributed nationally.  Perhaps the president should demonstrate a strong support in at least three regions out of Ethiopia’s current nine regions
    • Arabica Robusta
       
      Federalism
  • There is also the novel concept of electoral polygamy which in principle dis-ethnicises politics and creates strong ethnic checks and balances.  It requires that every member of the house of representative have two constituencies – one primary which may be his or her own ethnic group and the other constituency distant from his or her own roots.
Arabica Robusta

Burkina Faso: "Let us remain standing" | openDemocracy - 0 views

  • The government of Burkina Faso has adopted several new policies in an attempt to confront these crises. Yet unfortunately these have mainly been designed to respond to the imperatives of the dominant world powers and they have failed to take into account the realities on the ground. As a result, the main concerns of the large majority of the population have been ignored.
  • It is not that farmers are unable to produce a sufficient quantity of food, it is that they find themselves in a political system that will not allow them to fulfill their potential.
  • Made up of about 1,000 educated and non-educated women, it is a highly organised and active cooperative of women who are aware of their potential to affect change, and to secure greater access to means of production including land, equipment, training and material inputs. Groups of women like this have been able to obtain larger parcels of land through lobbying local leaders.
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  • We regularly read in the press that Saudi Arabia ↑ has purchased enormous areas of crop land for rice production, and several members of the government possess large areas of land in some of Burkina Faso’s most fertile areas without even being farmers! The recently adopted land tenure law is encouraging the development of these destabilising trends.
  • Let me give an example. In 1999, a rural Burkinabé woman, Nagbila Aisseta, accepted ↑ the Hunger Project Africa Prize awarded to the 'women farmers of Africa'. She was a poor woman aged 35 who had not left her village since birth, had never entered a car, knew nothing at all of modern life, but who, little by little, had developed initiatives to create a large organisation involved in livestock farming, agriculture, and market gardening to tackle malnutrition in her area. She was invited to receive her prize at a ceremony at the United Nations headquarters and asked to submit her speech prior to the event in the national Mooré language. It was to be translated into English, which she did not speak, for another person to read out during the ceremony. But she said “No. If it is me that has received the prize then I should speak directly to those who gave it to me. The way I was brought up, when you thank someone you thank them directly, without a go-between.” She asked the United Nations to find a Burkinabé interpreter who could understand both Mooré and English in order to ensure simultaneous interpretation. And this is how it was done. She knew her rights -  in this case the right to speak!
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    The government of Burkina Faso has adopted several new policies in an attempt to confront these crises. Yet unfortunately these have mainly been designed to respond to the imperatives of the dominant world powers and they have failed to take into account the realities on the ground. As a result, the main concerns of the large majority of the population have been ignored.
Arabica Robusta

Is Bill Gates good for Africa? - 0 views

  • AGRA with its super scientists is missing the point. Hunger in Africa is mostly a political and economic disparity problem. To end hunger, political stability, proper distribution of food and land within nations, and less emphasis on cash-crop farming and more on food- crop farming will be more effective, friendlier to the environment and less costly than the super-seeds that will require tons of pesticides - and eventually, cost a lot of money.
    • Arabica Robusta
       
      Important points about localization of development initiatives, the importance of food crops, and sustainable agriculture.
  • Also take the example of US farm subsidies that result in African farmers losing millions of dollars each year. Oxfam reports that in 2001 Malian cotton farmers lost $ 43 million dollars while US foreign aid was 37.7 million that same year. Why not lobby for fair competition and equal international trade rather than throw more aid and pesticides at the Malian farmers?
  • The conclusion here is one that might seem like a paradox of a beggar having choice - AGRA will do more harm than good. Understanding this, the participants committed themselves to, amongst other things, demanding "transparency, and accountability from all Green Revolution institutions and seed, chemical and fertilizer companies."
Arabica Robusta

Institute for Policy Studies: Africa and the Economic Crisis - 0 views

  • The current crisis, however, has dictated a more central role for African governments in regulating their economies, preventing capital flight, and creative taxation, so that Africa's resources benefit her people. Africa's focus must be on creating decent jobs by supporting small- and medium-sized enterprises that add productive value to Africa's vast natural resources.
  • The current crisis, however, has dictated a more central role for African governments in regulating their economies, preventing capital flight, and creative taxation, so that Africa's resources benefit her people. Africa's focus must be on creating decent jobs by supporting small- and medium-sized enterprises that add productive value to Africa's vast natural resources.
  • The current crisis, however, has dictated a more central role for African governments in regulating their economies, preventing capital flight, and creative taxation, so that Africa's resources benefit her people. Africa's focus must be on creating decent jobs by supporting small- and medium-sized enterprises that add productive value to Africa's vast natural resources.
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  • The current crisis, however, has dictated a more central role for African governments in regulating their economies, preventing capital flight, and creative taxation, so that Africa's resources benefit her people. Africa's focus must be on creating decent jobs by supporting small- and medium-sized enterprises that add productive value to Africa's vast natural resources.
  • a multi-stakeholder forum convened in Tunis at the end of November that brought together leading economists, government officials, and civil society representatives.
  • The forum was the first high-profile event of the newly formed Coalition for Dialogue on Africa (CoDA), chaired by Botswana's former President, Festus Mogae.
  • CoDA is driven by African institutions and carves out greater space for civil society to set the agenda. At the forum, Professor Fantu Cheru of the Nordic Africa Institute urged support for "knowledge production on the continent."  The establishment of CoDA is a big step in that direction.
  • We must, as the Tunis Forum convener Abdoulaye Bathily, Senegalese academic and former minister of environment, urges "redefine Africa's development paradigm, and above all, support the emergence of new practices and citizen actions in Africa's public space."
Arabica Robusta

British banks complicit in Nigerian corruption, court documents reveal | Global Witness - 0 views

  • British high street banks have accepted millions of pounds in deposits from corrupt Nigerian politicians, raising serious questions about their commitment to tackling financial crime, warned Global Witness in a report published today. By taking money from corrupt Nigerian governors between 1999 and 2005, Barclays, NatWest, RBS, HSBC and UBS helped to fuel corruption and entrench poverty in Nigeria.
  • What is so extraordinary about this story is that nearly all of these of these banks had previously fallen foul of the UK banking regulator, the Financial Services Authority (FSA), in 2001 by reportedly helping the former Nigerian dictator Sani Abacha funnel nearly a billion pounds through the UK. These banks were supposed to have tightened up their systems but as this report now shows, a few years later, they were accepting corrupt Nigerian money again.
  • "Banks are quick to penalise ordinary customers for minor infractions but seem to be less concerned about dirty money passing through their accounts,"
Arabica Robusta

PZN - The G20, China and the implications for Africa - 0 views

  • Beijing has signed currency swap agreements with six central banks: Hong Kong, Indonesia, Korea, Malaysia, Belarus and most recently Argentina. These swaps permit those central banks to sell yuan to local importers in those countries who want to buy Chinese goods. This is particularly useful for importers struggling to obtain trade finance as a result of the financial crisis. As such, it's consistent with China's desire to participate in the Group of 20's efforts to support trade financing.'
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