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Pambazuka - The rise of the French Right and the CFA Franc - 0 views

  • The FN has moved away from the fringes of the political party system to take up a place nearer to the centre. It has subsumed its appeal to racism, Holocaust denial and nativism under a cloak of anti-immigration policies coupled with a broad populist appeal against the demands of the European Union for austerity.
  • The FN has moved away from the fringes of the political party system to take up a place nearer to the centre. It has subsumed its appeal to racism, Holocaust denial and nativism under a cloak of anti-immigration policies coupled with a broad populist appeal against the demands of the European Union for austerity.
  • In recent weeks the French and international press have been full of stories about the resurgence of the Front National Party (‘FN’) in France led by Marine Le Pen.
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  • The FN has moved away from the fringes of the political party system to take up a place nearer to the centre. It has subsumed its appeal to racism, Holocaust denial and nativism under a cloak of anti-immigration policies coupled with a broad populist appeal against the demands of the European Union for austerity.
  • This bodes ill for Europe and its social and political cohesion. It also will have a dramatic impact on Africa if France leaves the Euro zone or if the increasingly dire financial crisis of the French banking system continues.
  • The monetary policy governing such a diverse aggregation of countries is uncomplicated because it is, in fact, operated by the French Treasury, without reference to the central fiscal authorities of any of the WAEMU or the CEMAC states . Under the terms of the agreement which set up these banks and the CFA the Central Bank of each African country is obliged to keep at least 65% of its foreign exchange reserves in an “operations account” held at the French Treasury, as well as another 20 percent to cover financial liabilities.
  • The monetary policy governing such a diverse aggregation of countries is uncomplicated because it is, in fact, operated by the French Treasury, without reference to the central fiscal authorities of any of the WAEMU or the CEMAC states . Under the terms of the agreement which set up these banks and the CFA the Central Bank of each African country is obliged to keep at least 65% of its foreign exchange reserves in an “operations account” held at the French Treasury, as well as another 20 percent to cover financial liabilities.
  • It vast expenditures in pursuing its wars in Libya, Mali and the Central African Republic have exhausted most of the its defence budget. The reason it has been able to sustain itself so far is because it has had the cushion of the cash deposited with the French Treasury by the African states since 1960. Much of this is held in both stocks in the name of the French Treasury and in bonds whose values have been offset and used to collateralise a substantial amount of French gilts
  • It vast expenditures in pursuing its wars in Libya, Mali and the Central African Republic have exhausted most of the its defence budget. The reason it has been able to sustain itself so far is because it has had the cushion of the cash deposited with the French Treasury by the African states since 1960. Much of this is held in both stocks in the name of the French Treasury and in bonds whose values have been offset and used to collateralise a substantial amount of French gilts
  • It vast expenditures in pursuing its wars in Libya, Mali and the Central African Republic have exhausted most of the its defence budget. The reason it has been able to sustain itself so far is because it has had the cushion of the cash deposited with the French Treasury by the African states since 1960. Much of this is held in both stocks in the name of the French Treasury and in bonds whose values have been offset and used to collateralise a substantial amount of French gilts
  • It vast expenditures in pursuing its wars in Libya, Mali and the Central African Republic have exhausted most of the its defence budget. The reason it has been able to sustain itself so far is because it has had the cushion of the cash deposited with the French Treasury by the African states since 1960. Much of this is held in both stocks in the name of the French Treasury and in bonds whose values have been offset and used to collateralise a substantial amount of French gilts
  • French Treasury officials reckon that if France changes it relationship to the Euro it will have the effect of releasing around 40 percent of the French debt exposure and will extend a lifeline to the French Treasury. It has not calculated what will happen to the CFA francs.
  • French Treasury officials reckon that if France changes it relationship to the Euro it will have the effect of releasing around 40 percent of the French debt exposure and will extend a lifeline to the French Treasury. It has not calculated what will happen to the CFA francs.
  • It is up to the francophone Africans to demand from their leaders that they act to preserve whatever is left of the currency reserves in France and start making plans for the collapse of the Euro.
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    "The FN has moved away from the fringes of the political party system to take up a place nearer to the centre. It has subsumed its appeal to racism, Holocaust denial and nativism under a cloak of anti-immigration policies coupled with a broad populist appeal against the demands of the European Union for austerity."
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Pambazuka - Did the aid industry fuel the mayhem in Somalia? - 0 views

  • Relief agencies estimate that nearly 1.4 million Somalis have been displaced since the 1990s, and nearly half the country’s population – more than 3 million people – is still in need of relief aid and assistance. But this is the story of the Somalia that we all know. The less known story is that of a country that was systematically destroyed by international NGOs, UN agencies and donors who undermined the local economy by flooding Somalia with aid, especially since the fall of Siad Barre in 1991.
  • His main argument is that the aid industry undermined development in Somalia by stifling the local economy through relief supplies that killed industries, and which were routinely stolen by warlords, merchants and government officials.
    • Arabica Robusta
       
      Michael Maren
  • A leaked UN report states that roughly half of the $485 million of aid provided to Somalia by the World Food Programme (WFP) in 2009 has gone to corrupt contractors, rebels and even UN staff members. This is not so unusual. A recent BBC report claims that more than 90 per cent of the money raised by Bob Geldof’s famous 1985 Live Aid concert for famine victims in Ethiopia was siphoned off by rebel fighters.
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  • Maren claims that all the aid agencies in Somalia knew that relief food was being stolen, but neglected to mention this fact in their reports or during fund-raising campaigns because millions of dollars and thousands of jobs were at stake. He says that neither the US Government nor United States Agency for International Development (USAID) officials were interested in his revelations, perhaps because, as this month’s New African magazine suggests, all of the United States’ food aid programmes ‘are designed to develop and expand commercial outlets for US commodities in world markets’.
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Pambazuka News - 0 views

  • In even the most exploitative African sites of repression and capital accumulation, sometimes corporations take a hit, and victims sometimes unite on continental lines instead of being divided-and-conquered.
  • In early June, the British-Dutch firm Shell Oil – one of Rodney’s targets - was instructed to depart from the Ogoniland region within the Niger Delta, where in 1995 Shell officials were responsible for the execution of Ken Saro-Wiwa by Nigerian dictator Sani Abacha. After decades of abuse, women protesters, local NGOs and the Movement for the Survival of the Ogoni People (MOSOP) gave Shell the shove. France’s Total appears next in line, in part because of additional pressure from the Movement for the Emancipation of the Niger Delta.
  • Although it was six months ago that the European Union’s ultramanipulative trade negotiator, Peter Mandelson, cajoled 18 weak African leaderships -- including crisis-ridden Cote d’Ivoire, neoliberal Ghana and numerous frightened agro-exporting countries -- into the trap of signing interim “Economic Partnership Agreements” (EPAs), a backlash is now growing.
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  • “We can’t continue to deal with incompetent, weak, corrupt, supine governments,” explained Dot Keet of the Alternative Information and Development Centre in Cape Town. “But these are not factors of the same order of magnitude. The domination of African countries by neocolonialism and the subordinate stance by African governments are not the same. We must be clear where the main driving force comes from: outside Africa. We have to tackle the source.”
  • Since 2002, the EPAs have supplanted the agenda of the gridlocked World Trade Organisation, just as bilateral trade deals with the US, China and Brazil are also now commonplace. A united Europe deals with individual African countries in an especially pernicious way, because aside from free trade in goods, Mandelson last October hinted at other invasive EPA conditions that will decimate national sovereignty: “Our objective remains to conclude comprehensive, full economic partnership agreements. These agreements have a WTO-compatible goods agreement at their core, but also cover other issues.” Those other “Singapore” issues (named after the site of a 1996 WTO summit) include investment protection (so future policies don’t hamper corporate profits), competition policy (to break local large firms up) and government procurement (to end programmes like South Africa’s affirmative action).
  • As Walter Rodney observed, “It is typical of underdeveloped economies that they do not -- or are not allowed to -- concentrate on those sectors of the economy which in turn will generate growth and raise production to a new level altogether, and there are very few ties between one sector and another so that, say, agriculture and industry could react beneficially on each other.”
  • African countries face unreliable provision of public utilities (electricity and water); poor public infrastructure (run down roads and railways); rapidly fluctuating exchange rates and high inflation; labour productivity problems arising from poor education, health and housing provision; vulnerable market institutions (such as immature financial systems); and poorly-functioning legal frameworks. The EU has no interest in reversing such fundamental structural economic challenges.
  • From early on, African civil society movements – especially the African Trade Network - called on elites to halt the negotiations. But it has not been easy to develop a strong coalition, as Third World Network director Yao Graham concedes: “Unions have been too syndicalist, while our justice movements have been exhausted fighting structural adjustment. The local private sector has been absent. But in some regions, like West Africa, agricultural producers have been well organised and opposed to EPAs. Links to the Caribbean are weak. But we are working behind enemy lines with progressive allies in Europe, including within the Brussels parliament.”
  • because Mandelson is squeezing so hard, he may be single-handedly breaking the links between elites. Led by Senegalese and Malian politicians, most of the African officials at the conference agreed with the left intelligentsia that dangers now arise of: - regional disintegration (due to EU bilateral negotiations and subregional blocs) and internecine race-to-the-bottom competition:
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    In even the most exploitative African sites of repression and capital accumulation, sometimes corporations take a hit, and victims sometimes unite on continental lines instead of being divided-and-conquered.
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The Growing Relationship Between China and Sub-Saharan Africa: Macroeconomic, Trade, In... - 0 views

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    China's economic ascendance over the past two decades has generated ripple effects in the world economy. Its search for natural resources to satisfy the demands of industrialization has led it to Sub-Saharan Africa. Trade between China and Africa in 2006 totaled more than $50 billion, with Chinese companies importing oil from Angola and Sudan, timber from Central Africa, and copper from Zambia. Demand from China has contributed to an upward swing in prices, particularly for oil and metals from Africa, and has given a boost to real GDP in Sub-Saharan Africa. Chinese aid and investment in infrastructure are bringing desperately needed capital to the continent. At the same time, however, strong Chinese demand for oil is contributing to an increase in the import bill for many oil-importing Sub-Saharan African countries, and its exports of low-cost textiles, while benefiting African consumers, is threatening to displace local production. China poses a challenge to good governance and macroeconomic management in Africa because of the potential Dutch disease implications of commodity booms. China presents both an opportunity for Africa to reduce its marginalization from the global economy and a challenge for it to effectively harness the influx of resources to promote poverty-reducing economic development at home.
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Pambazuka News - 0 views

  • Corruption DRC: Mining multi-nationals get deal of the century 2008-07-18 http://www.pambazuka.org/en/category/corruption/49569 Printer friendly version There is potentially enormous mineral wealth in the DRC province of Katanga. In exchange, investors from all over the world, and especially China, are prepared to offer money and infrastructure to revive the DRC after 15 terrible years of war and invasion. The potential for ecological disaster, social exploitation and corruption is almost limitless. Le Monde diplomatique ----------------------------------------------------- July 2008 MINING MULTINATIONALS GET DEALS OF THE CENTURY Copper colony in Congo There is potentially enormous mineral wealth in the DRC province of Katanga. In exchange, investors from all over the world, and especially China, are prepared to offer money and infrastructure to revive the DRC after 15 terrible years of war and invasion. The potential for ecological disaster, social exploitation and corruption is almost limitless. by Colette Braeckman Lubumbashi is the capital of Katanga, the southernmost state of the Democratic Republic of Congo (DRC). Day and night, huge trucks roar through its streets, making for the nearby Zambian border with cargoes of copper and cobalt on their way, via the Tanzanian port of Dar es Salaam, to Asia. Every month new stores open: fast food joints with American names, and shops where the locals stare in wonder at Chinese consumer goods, finally within their reach.
  • Lubumbashi is the capital of Katanga, the southernmost state of the Democratic Republic of Congo (DRC). Day and night, huge trucks roar through its streets, making for the nearby Zambian border with cargoes of copper and cobalt on their way, via the Tanzanian port of Dar es Salaam, to Asia. Every month new stores open: fast food joints with American names, and shops where the locals stare in wonder at Chinese consumer goods, finally within their reach.
  • And there is a third, social threat. The small-scale exploitation of mineral deposits is coming to an end as the big multinationals move in, driving out independent miners. Until a few months ago the Étoile mine at Ruashi, a few kilometres outside Lubumbashi, was just an open pit where men worked unprotected. Children scurried through unsupported tunnels, pulling out rocks striated with green copper or yellow cobalt and cramming them into jute sacks. Cave-ins and fatalities were so frequent that the miners had their own mutual insurance scheme to cover hospital or funeral expenses.
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  • The terms granted to private companies associated with Gécamines took the commissioners aback. The investment of external partners was systematically overvalued and that of the Congolese (the value of mineral deposits and existing Gécamines infrastructure) underestimated. Fiscal and para-fiscal concessions (such as 30-year tax exemptions) deprived the state of essential revenues. Mining rights were acquired for purely speculative ends (the partners sold the shares on the stock exchange before even starting work on the ground), while social and environmental clauses were ignored, local skills undervalued, local workers underpaid and concession boundaries extended without authorisation.
  • Unlike western governments, incapable of releasing the credits necessary for the reconstruction of a country four times the size of France, China has been quick to get down to work: several projects have already begun in Katanga, Kivu and Kinshasa, where 250km of roads and 1,000 units of social housing are to be built. The people's hopes are undermined by fears that the arrival of Chinese workers and engineers heralds a new wave of colonisation. The unconcealed displeasure of the West, Belgium especially, could endanger the stability of the government. But the Congolese government is determined to pursue its relationship with China.
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The Electoral Process in Cameroon: What Are the Lessons Learned? - Dibussi Tande: Scrib... - 0 views

  • In looking at the election, rather than blaming the Government, ELECAM, the Cameroon People’s Democratic Movement (CPDM), other political parties, and international actors for the irregularities, low turnout and voters’ lack of understanding of the actual voting process, one needs to look at what happened before the campaign ever began.  One needs to examine the root causes of apathy, abstention and division.  I submit to you that some Cameroonian civil society organizations are as guilty of blurring the line between civil society and opposition as the CPDM is of blurring the line between the party and Government. 
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Pambazuka - Unraveling the leadership conundrum in Cameroon - 0 views

  • In short, Inoni’s new agenda was perceived as a storm in the ethnocentric teapot that Cameroon has become in this day. Let me be clear on this: I am not prescribing ruthlessness as a qualification for leadership in Cameroon. Far from it! What I am saying is that Cameroon is not beyond repair.
  • The malaise that should incessantly haunt our leaders (but does not) is that they have betrayed irretrievably Cameroon’s destiny in the community of nations. The countless billions that a generous Providence has poured into our national coffers in the last three decades (1982-2012) would have been enough to launch Cameroon into the middle rank of developed nations and transformed the lives of our needy compatriots.
  • Nothing in Cameroon’s politics captures her problem of aborted national integration more graphically than the mixed fortune of the word tribe.
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  • A Cameroonian child seeking admission into a state school, a student wishing to enter a university, a college graduate seeking employment in the public service, a businessman or woman tendering for a contract, a citizen applying for a national ID or passport, or seeking access to any of the avenues controlled by the state, will sooner or later fill out a form which requires him to confess his tribe (or less crudely and more hypocritically, his region of origin).
  • to debar anyone from working anywhere in their country or from participating in the social, political and economic life of the community in which they choose to live on the basis of tribe is another matter altogether. Our constitution outlaws it. Yet prejudice against ‘outsiders’ or ‘strangers’ is an attitude one finds everywhere in Cameroon.
  • Cameroon is not totally unredeemable. Our situation is critical but not hopeless. But we should not lose sight of the fact that every single day of neglect brings Cameroon closer to the brink of collapse. The task of pulling Cameroon back and turning it around is clearly beyond the contrivance of the mediocre leadership that we have today. It calls for greatness and selflessness, two qualities that our leaders sorely lack. Cameroonians are what they are today only because their leaders are not what they ought to be. Cameroon has been less than fortunate in its leadership. The young republic emerging out of a dual colonial contraption found Ahmadou Ahidjo, a benighted semi-illiterate, as their first president. The rest is history. Today, we have a sanctimonious megalomaniacal hypocrite, Paul Biya, as head of state. A basic element of this mishap is the conspicuous absence of intellectual rigor in the political thought of our leaders — a tendency to pious materialistic woolliness and self-centered pedestrianism.
  • ‘virtues’ like ‘patriotism’ and ‘unity’ are not absolute but conditional on their satisfaction of other purposes. As Achebe points out, ‘Their social validity depends on the willingness or the ability of citizens to ask the searching question’ (33) [5]. This calls for some degree of mental rigor, a quality for which Cameroonians, unfortunately, are not famous. In spite of much loose talk about patriotism from those at the helm there is no doubt that Cameroonians are among the world’s most unpatriotic people. This is not because Cameroonians are particularly evil. In fact, they are not. It is rather because patriotism, being part of an unwritten social contract between citizens and the state, cannot exist where the state or its leaders renege on the agreement (Achebe, 1983). It is indisputable that the ideal of patriotism is unattainable in a country as badly run as Cameroon is today.
  • He grieves over the fact that Cameroon is a country where tribalism has been raised to the pedestal of a national culture that pervades every discourse, controls the way people think and defines what they oppose or support.
  • During my recent stint in Burkina Faso, a country often touted as the poorest in the world, I noticed to my dismay that there was no power failure throughout my stay in the capital city Ouagadougou; the taps in the hotel room ran all the time with the kind of pressure one sees in Western hotels. My hotel room was modest but impeccably clean.
  • Cameroon is a country with an eccentric minority who can restrain themselves and an overwhelming majority who just cannot. This leaves the minority of reasonable Cameroonian citizens feeling like a bunch of sane people trapped in a dangerously rowdy mental asylum. This conundrum is compounded by corrupt practices.
  • Mr Biya condones corruption because his tribesmen are the biggest looters. Cameroonians have grown accustomed to his silly interrogation où sont les preuves? [13] This is the way the president dismisses cases of wanton looting of the national coffers brought to his attention.
  • We are living witnesses to the failure of the executive branch of government to stem the tide of rampant corruption that now threatens to paralyze our nation in every sinew and limb. There is no question that it will take some time to correct this irksome situation that has built up over the years, assuming we want to correct it. But to initiate change the president of the Republic must take and be seen to take a decisive first step toward ridding his administration of all persons on whom the slightest whistle of corruption and scandal has been blown. If he would summon the courage to do that then it will dawn on him that he ought to be Cameroon’s leader; not just its president. More importantly, Biya must learn to deal fairly with all citizens, including the troublesome Anglophones.
  • Some critics have compared the frictional co-habitation between the two distinct linguistic communities in Cameroon to the attitude of two travelers who met by chance in a roadside shelter and are merely waiting for the rain to cease before they continue their separate journeys in different directions. This metaphor captures the mutual distrust and animosity that distance Anglophone Cameroonians from their Francophone compatriots. All too often, the perpetrators of this malicious game of divide and conquer are the political leaders on the French-speaking side of the national divide who take delight in fishing in troubled waters. Francophone politicians love to stoke the flames of animosity, thereby whipping up sentiments of mutual hatred on both sides of the Mungo River at the expense of nation-building. Many Francophones make statements intended either to cow Anglophones into submission or incite them into open rebellion.
  • Our inaction or cynical action constitute a serious betrayal of our education, of our historic mission and of succeeding generations who will have no future unless we do battle now to preserve it for them.
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The Chia Report: The SDF: Arrogance in Failure - 0 views

  • The story of the SDF as a political formation during the last nineteen years of its existence is also a story of deferred dreams, bungled chances, unfulfilled promises and dashed hopes.
  • how can  the SDF leadership - I was asking -   continue  to  exude the kind of near imperial arrogance that Mr. Fru Ndi recently spurted out following  the resignation of Akonteh?
  • As a political organization the SDF has also been considerably weakened by unsound policy decisions made without a proper analysis of the risks and the rewards involved. Two good examples are, first, the decision to call for a boycott of French goods (thus gratuitously seeking confrontation with an influential former colonial power); and second, publicly calling for the disbandment of the corps of Civil Administrators (D.Os, SDOs and Governors) as well as the National Gendarmerie.
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  • Where does a Chairman, on whose watch the SDF has consistently lost an average of 30% of its political fortunes after each election, find the nerve to be so foul-mouthed? Mr. Fru Ndi might have pulled Akonteh from the gutter and paid his rents as he claims, but Akonteh’s commitment and service to the SDF and to Cameroon’s democracy are also unimpeachable.
  • This piece has also been enriched as a result of his experience as a civil administrator with the the CPDM clan, and his experience as a civil Affairs officer with UNMI HAITI.
  • Julio in your piece you said, you sai any serious politician seeking to accede to the pinnacle of power in Cameroon should know by intuition that it is in his best interest to be in the good books of France. WHY?" This is a culture i strongly discourage.Must Cameroon be governed from foriegn boundaries? Fru Ndi like any other Cameroonian with a Democratic mind thought that will be a strategy to reduce French interest in Cameroon.
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Sub-Saharan Africa in Global Capitalism by John J. Saul | Monthly Review - 0 views

  • There are two ways of picturing Africa in the context of global capitalism. One is from the point of view of the people living and hoping to improve their lot in sub-Saharan Africa’s forty-eight nation-states with a considerable variety of kinds of “insertion” into the global capitalist economy, and a corresponding range of experiences of development (or the lack of it).6 The other is from the point of view of capital, for which Africa is not so much a system of states, still less a continent of people in need of a better life, as simply a geographic—or geological—terrain, offering this or that opportunity to make money.
  • Growing pressure of population means a constantly expanding landless labor force, partly working for subsistence wages on other people’s land, partly unemployed or underemployed in the cities, sometimes migrating to neighboring countries (e.g., from Burkina Faso to Cote d’Ivoire), living on marginal incomes and with minimal state services, including education and health.
  • The “investment climate” has been made easier, thanks, as we will see, to a decade and a half of aid “conditionality,” and the returns can be spectacular; the rates of return on U.S. direct investments in Africa are, for example, the highest of any region in the world (25.3 percent in 1997).9
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  • Fatefully for Africa, this debt came due, in the 1980s, just as the premises of the dominant players in the development game were changing. The western Keynesian consensus that had sanctioned the agricultural levies, the industrialization dream, the social services sensibility, and the activist state of the immediate post-independence decades—and lent money to support all this—was replaced by “neoliberalism.”
  • States in Africa felt compelled to comply: they were debtors, after all, and, with the decline of the Eastern bloc, were also fast losing whatever limited leverage this alternative source of support had given them.
  • “What has emerged in Accra,” Eboe Hutchful once wrote of the Ghanaian SAP experience, “is a parallel government controlled (if not created) by the international lender agencies…[while] the other side of the external appropriation of policy-making powers is the deliberate de-politicalization that has occurred under the ERP [Economic Reconstruction Programme], and the displacement of popular participation and mobilization by a narrowly-based bureaucratic management.”15
  • For political support, the new leaders had to rely not on urban working classes or middle classes, which mostly barely existed, but on rural notables, whose allegiance they secured through chains of patronage stretching from the ministers’ offices to the villages.
  • There was, of course, another trajectory to African politics—some states which professed to bend the logic of global capitalism in favor of more progressive outcomes: Ghana, Tanzania, and Mozambique, among others.
  • Mozambique and Angola: far too many instances of overweening industrial plans and of forced villagization in the countryside, far too little democratic sensibility towards the complex values and demands of their presumed popular constituencies. Future attempts to develop counter-hegemonic projects in Africa will have to learn lessons from such experiences and also determine how to disentangle, for purposes of popular mobilization, the discredited notion of socialism from this troubled past.
  • Thus Jonathan Barker speaks of the existence, in Africa and beyond, of “thousands of activist groups addressing the issues of conserving jobs and livelihoods, community health, power of women, provision of housing, functioning of local markets, availability of local social services, provision and standard of education, and abusive and damaging working conditions.”35
  • “African peoples have adopted many diverse strategies to challenge, deflect, or avoid bearing the costs of austerity involved and to seek a political alternative to the politicians they hold responsible.”They also document an impressive range of (primarily urban) actors—“lawyers, students, copper miners, organizations of rural women, urban workers and the unemployed, journalists, clergymen and others”—whose direct action in recent years has shaken numerous African governments.36
  • Such resistances—what Célestin Monga refers to as the “collective insubordination” of Africa37—have been one factor driving the renewed saliency of democratic demands on the continent.
  • in Zimbabwe in recent years arguing (alongside other popular organizations) for the formation of a new party to challenge the rancid Mugabe regime from the left: as Patrick Bond writes of this initiative, “What is crucial is that the opposition’s political orientation is potentially both post-nationalist and post-neoliberal, perhaps for the first time in African history.”39
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Thabo Mbeki's New Partnership for Africa's Development: Breaking or Shining the Chains ... - 0 views

  • NEPAD will be highlighted and endorsed at the G-8 meeting in Alberta, Canada, in June 2002, at the July launch of the African Union in Pretoria, and at the Johannesburg World Summit on Sustainable Development–with a proposed global “New Deal” modeled on NEPAD–in late August. At such events, protesters who support the cause of global environmental, social, and economic justice will be told, in effect, “Don’t worry, you can go home, because Thabo Mbeki is taking care of globalization’s shortcomings.”
  • Mbeki’s approach is consistent with what has been termed compradorism. Mbeki and his main allies have already succumbed to the class (not necessarily personalistic) limitations of post-Independence African nationalism, namely acting in close collaboration with hostile transnational corporate and multilateral forces whose interests stand directly opposed to Mbeki’s South African and African constituencies.
  • In its beginnings, the national bourgeoisie of the colonial country identifies itself with the decadence of the bourgeoisie of the West. We need not think that it is jumping ahead; it is in fact beginning at the end. It is already senile before it has come to know the petulance, the fearlessness, or the will to succeed of youth.
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  • Thus, I argue below, the reform strategy will fail, although not because of Pretoria’s lack of positionality and international credibility to carry out NEPAD and win endorsements from global elites.
  • Instead, as argued in five subsequent sections, the failure is already emanating from the very project of global reformism itself, namely, Mbeki’s underlying philosophy and incorrect analysis, ineffectual practical strategies, uncreative and inappropriate demands, and counterproductive alliances.
  • Moreover, notwithstanding mixed rhetorical signals, Mbeki and NEPAD for all effective purposes exclude (indeed, most often reject) alliances with international social, labor, and environmental movements who, in their struggles for socio-environmental and economic justice, are the main agents of progressive global change.
  • Tellingly, NEPAD does not mention that although poverty increased dramatically in the wake of the 1997-99 emerging markets crisis, foreign investors (especially New York and London financiers) generally recovered their funds, and new U.S. investors in debt-ravaged Asian firms were able to pick up assets at fire-sale prices.
  • Indeed, the systematic unfairness applied to Africa also applies to South Africa, Mbeki has learned since 1994.
  • [T]here is nobody in the world who formed a secret committee to conspire to impose globalization on an unsuspecting humanity. The process of globalization is an objective outcome of the development of the productive forces that create wealth, including their continuous improvement and expansion through the impact on them of advances in science, technology and engineering.
  • The technology-centric “admission” is fundamentally apolitical and disguises the reality of dramatic changes in class relations, especially the resurgent power of U.S. and EU capital in relation to working classes there and across the world (as reflected in stronger state-corporate “partnerships” and the decline of the social wage during the Reagan, Thatcher, and Kohl administrations).
  • The prime culprits in making South Africa so vulnerable were, firstly, the government’s March 1995 decision, under intense pressure from local and international financiers, to discard the “financial rand” dual-rate exchange control mechanism, and secondly, the permissions granted from 1999-2001 to allow the largest South African firms to relocate (or delist entirely) their financial headquarters from Johannesburg to London.
  • Simultaneously, economic advice poured in from international financial centers, based upon persistent demands not only for macroeconomic policies conducive to South Africa’s increased global vulnerability, but also for social policies and even political outcomes that weakened the state, the working class, the poor, and the environment.
  • South Africa, too, witnessed mass protests against neoliberalism: by the Congress of South African Trade Unions (COSATU) in May 2000 and August 2001, at the World Conference Against Racism in September 2001, and in repeated local settings (against, for example, water/electricity cutoffs and evictions due to poverty) in Soweto, Chatsworth, Mpumalanga, Bredell, Tafelsig, and many other sites.
  • Mbeki had earlier embarked upon a late 1990s’ “African Renaissance” branding exercise, which he endowed with poignant poetics but not much else. The contentless form was somewhat remedied in the secretive Millennium Africa Recovery Plan, whose powerpoint skeleton was unveiled to select elites in 2000, during Mbeki’s meetings with Bill Clinton in May, the Okinawa G-8 meeting in July, the UN Millennium Summit in September, and a subsequent European Union gathering in Portugal. The skeleton was fleshed out in November 2000 with the assistance of several economists and was immediately ratified during a special South African visit by World Bank President James Wolfensohn “at an undisclosed location,” due presumably to fears of the disruptive protests that had soured a Johannesburg trip by new IMF czar Horst Koehler a few months earlier.
  • To his credit, though, the erratic Obasanjo had led a surprise revolt against Mbeki’s capitulation to Northern pressure at the World Conference Against Racism in September 2001, when he helped generate a split between EU and African countries over reparations due the continent for slavery and colonialism. Tellingly, even loose talk of reparations is purged from NEPAD.
  • It is arguable that Mbeki’s approach to the first front, debt relief, has already done incalculable damage, mainly by virtue of his failure to endorse the Jubilee movement’s campaign against “odious debt,” including apartheid debt.
  • But HIPC is already widely derided–especially in the Jubilee South movement–as “a cruel hoax.” Along with the IMF/World Bank Comprehensive Development Frameworks and the Poverty Reduction Strategy Programs, HIPC deals are fundamentally committed to maintaining existing power relations and the neoliberal economic philosophy, because they entail only very slight adjustments to debt loads and in return require lowest-income countries to further liberalize.
  • Regarding the second issue, inflows of capital, there are two kinds worth considering: financial and foreign direct investment. It hardly needs arguing that “hot-money” speculative inflows to emerging markets such as South Africa do not by any stretch qualify as “a prerequisite for development.” Nor do the vast majority of foreign loans granted to third world governments over the past thirty years, including concessional (0.75% interest rate) loans through the World Bank’s International Development Association and African Development Bank. Those loans serve as the leverage for gaining neoliberal conditions from borrowers. Repayment of even concessional hard-currency loans is extremely expensive once a country’s currency collapses, as happens regularly to Africa.
  • after having done all in his power to attract foreign direct investment (FDI), not even Mbeki has succeeded. Good governance and political stability are not the key factors, Africa has learned; otherwise oil-rich Angola and Nigeria would not be the continent’s main beneficiaries of FDI inflows.
  • NEPAD’s main solution to the foreign investment drought appears to be the promotion of a foreign stake via “Public-Private Partnerships” in privatized infrastructure: “Establish and nurture PPPs as well as grant concessions toward the construction, development and maintenance of ports, roads, railways and maritime transportation… With the assistance of sector-specialized agencies, put in place policy and legislative frameworks to encourage competition.” The lack of justification for this initiative–aside from Africa’s capital shortage–is extremely unsatisfying, given that most infrastructure is of a “natural monopoly” type, for which competition is unsuitable.
  • Third, regarding foreign aid, Mbeki calls for “more and better managed aid so as to deal with the basic needs that will have to precede any form of development in certain areas.” One problem is that Mbeki did very little in practice to dissuade Clinton and other international leaders from the classically neoliberal trend known as “trade, not aid” (the 1990s value of North-South aid fell by a third).
  • The effectiveness of “partnership” was made explicit in 1998-99, when U.S. Vice President Al Gore lobbied Erwin, Health Minister Nkosazana Dlamini-Zuma, and Mbeki himself to roll back the 1997 Medicines Act, which promoted the parallel import and generic production of antiretroviral drugs essential in fighting HIV/AIDS. The transnational pharmaceutical corporations threatened a constitutional lawsuit against the act, which they actively pursued for a month in March 2001 before international protest forced them to withdraw. This life-and-death case of technology transfer–blocked by corporations whose billions of dollars in profits overrode access to drugs that would save millions of lives–is instructive about the nature of alliances.
  • It was not Erwin’s philosophy of a fair and just trade partnership that persuaded Vice President Gore to reverse his position. A vibrant “Treatment Action Campaign” of grassroots militants emerged in South Africa during 1999, embarked on protests at U.S. consulates in Johannesburg and Cape Town, and began networking with the Philadelphia, New York, and Paris chapters of the advocacy group ACT UP (AIDS Coalition to Unleash Power). Gore was confronted repeatedly and aggressively by protests in Tennessee, New Hampshire, California, and Pennsylvania at the very outset of his presidential election campaign in mid-1999. Numerous newspapers carried front-page stories on Gore’s quandary.
  • But with whom in the world does Thabo Mbeki really have an honest partnership, and with whom is he building genuine solidarity? Notwithstanding the eloquence of his Atlanta speech, the answers are not obvious.
  • Mbeki and the ANC repeatedly unveiled repressive tendencies: against millions of antiprivatization strikers in the trade union movements, against thousands of community residents in Soweto suffering from unaffordable services because of privatization pressure, and against leading opponents of Mbeki’s AIDS policies, who during 2000 were reportedly labeled by Mbeki as “infiltrators” of the trade union movement and agents of pharmaceutical corporations and the CIA.
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IPS - Filling the Granaries in Burkina Faso | Inter Press Service - 0 views

  • New, high-yielding varieties of the staple crop have been developed at the country’s Institute for the Environment and Agricultural Research (INERA) as part of a drive to improve food security in this landlocked West African country.
  • Both Kabré and Kaboré were introduced to Bondofa when they became members of Burkina Faso’s National Union of Seed Producers (UNPSB) two years ago. The UNPSB was established in 2006, and coordinates production and marketing activities as well as acting as an interface between its 4,000 members and the government.
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The War in Mali » Counterpunch: Tells the Facts, Names the Names - 0 views

  • The current crisis gripping northern Mali—an area about the size of France— has its origins in the early years of the Bush Administration, when the U.S. declared the Sahara desert a hotbed of “terrorism” and poured arms and Special Forces into the area as part of the Trans-Sahal Counter Terrorism Initiative. But, according to anthropologist Jeremy Keenan, who has done extensive fieldwork in Mali and the surrounding area, the “terrorism” label had no basis in fact, but was simply designed to “justify the militarization of Africa.”
  • When the U.S. African Command (AFRICOM) was formed in 2008, it took over the Initiative and began working directly with countries in the region, including Mali, Morocco, Tunisia, Chad, Niger, Mauretania, and Senegal.  Indeed, the only country in the region that did not have a tie to AFRICOM was Libya.
  • For instance, the US supported the 2006 Ethiopian invasion of Somalia that overthrew the Union of Islamic Courts (UIC) government. Washington said the UIC was associated with al-Qaeda, but never produced any evidence of that.
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  • The so-called “terrorist” groups, like Ansar al-Din, al-Tawhid wa al-Jihad and AQIM, only moved in after the Tuareg Movement for the National Liberation of Azawed had expelled the Malian army from the north and declared a separate country.
  • “Whatever the motivation of the principle NATO belligerents [in ousting Gadaffi], the law of unintended consequences is exacting a heavy toll on Mali today,” former UN regional envoy Robert Fowler told the Guardian (UK) “and will continue to do so throughout the Sahel as the vast store of Libyan weapons spreads across this, one of the most unstable regions of the world.”
  • Hundreds of millions of dollars in aid is being directed at fighting terrorism on the continent, and the US military is training the armed forces of dozens of African nations.  A Malian army captain used that aid and training to pull off a coup that now threatens to turn into a regional war.
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Pambazuka - Cameroon: Politics in an era of contradictions - 0 views

  • Of course, in that position, he was the chief organizer of electoral fraud in Cameroon. But I am not one of those who would want to use the past misdeeds of Marafa to detract from what he is saying in his letters. In his letters he has raised many important issues, including corruption related to compensation for the victims of the 1995 Camair plane crash and the incompetence of some of those appointed as government ministers.
  • This transformation had to be the work of politicians. Yet, many in the leadership of the SDF who were supposed to transform intentions to reality seemed to see politics more in the context of demagoguery, petty rivalry, and time-wasting. Politics was never taken for what it is: an art that provides an alternative to violence and bloodshed; an art that provides formulae that allow people to overcome past failures and provide solutions to seemingly insoluble problems.
  • That in Côte d’Ivoire left the people Mugabe’ed or Kibakied, whichever you like. Do not mind the motions of support trickling there from ‘social democratic’ and ‘leftwing’ groupings. The Biyas, Wades and others of the same feathers are chuckling in amusement at the fact that they are usually confronted by noises about commitment to values like social justice, democracy, liberty, mutual obligation, opportunity for all, responsibility… The ‘left-wingers’ may retort that it is precisely because of these values that they refuse to hand-over power on a platter of gold to the other side, whatever the decision of the people. Pity for those who thought that ‘leftwing’ politics could bring progress to Africa; pity for Africa and the prospect for continental peace and tranquility…”
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  • It is because our generation did not master these that we were unable to mount a formidable political force to change our society. The next generation should take these virtues seriously. Successful human interaction cannot be helped by a personality cult that slowly breeds vocal sycophants.
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Mandela's Democracy :: Monthly Review - 0 views

  • The land, then the main means of production, belonged to the whole tribe, and there was no individual ownership whatsoever. There were no classes, no rich or poor, and no exploitation of man by man. All men were free and equal and this was the foundation of government. Recognition of this general principle found expression in the constitution of the Council, variously called Imbizo, or Pitso, or Kgotla, which governs the affairs of the tribe. The council was so completely democratic that all members of the tribe could participate in its deliberations. Chief and subject, warrior and medicine man, all took part and endeavoured to influence its decisions. It was so weighty and influential a body that no step of any importance could ever be taken by the tribe without reference to it… In such a society are contained the seeds of revolutionary democracy in which none will be held in slavery or servitude, and in which poverty, want and insecurity shall be no more. is is the inspiration which, even today, inspires me and my colleagues in our political struggle.
  • The role of the leader is to interpret the arguments and viewpoints put forward in debate in such a way as to make that consensus possible, drawing from expressions of difference a "tribal wisdom" which reaffirms their essential unity. The model requires that the leader who takes this role should be accepted, but not necessarily elected. What is crucial is that the question of leadership be settled beforehand, and kept separate from the question of how the popular will is to be interpreted.
  • In capitalism, wage-labor is the principal means of access to the means of production, and profits depend on not paying more for it than the capitalist can help.
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  • But in this version, the tribal model of democracy remained in a fundamentally ambiguous relationship to capitalism. While it rejected capitalism, it could never provide a real analysis of it. Instead, it saw capitalism as the product of the philosophical outlook of European civilization, against which an African philosophy of harmony and unity might prevail. Invoking a pre-capitalist past as the basis for a call for racial equality within the capitalist present, it was unable to generate a real critique of capitalism, on the one hand, or to reach an effective accommodation with it, on the other.
  • The hereditary position of the chief is lost from view in this version of tribal democracy, and his tolerance of criticism and commitment to open debate comes to the fore.
  • Through all of this, the tribal model is extended significantly, in such a way as to make it a model of the democratic virtues, and in some moments a model of democracy constituted by such virtues.
  • His admiration for the African past presented no barrier to his admiration for the Magna Carta, the Bill of Rights, British Parliament and the American Congress. These did not belong, as for Lembede, within a fundamentally different philosophical outlook. In this sense, Mandela can be said to have returned the conception of the unified African past to its liberal and missionary origins.
  • The result of this fivefold transformation was to create a moral framework for South African politics in which Africanist and Western liberal elements were integrated in so instinctive and original a way that Mandela himself could probably not have said where the one ended and the other began. This framework had disabling effects in some respects, and enabling effects in others. Although it was a powerful mobilizing tool, it set limits to political clarity.
  • A brief account of his economic views will show how the tribal model made room for the capitulation of the ANC to capital.
  • In Mandela’s case, the ground for it was laid in his earliest economic writing, a defense of the nationalization clauses of the Freedom Charter, published in 1956. The Freedom Charter, Mandela argued, was "by no means a blueprint for a socialist state but a program for the unification of various classes and groupings amongst the people on a democratic basis… [It] visualizes the transfer of power not to any single social class but to all the people of this country, be they workers, peasants, professional men or petty bourgeoisie." The curiosity of the argument is that it neither avoids the existence of classes (as would a liberal democrat, emphasizing individual rights instead) nor draws any conclusion about their relationship (as would a Marxist). It acknowledges the existence of classes, but assumes that each can pursue its aims in harmony with the rest. The model of democracy which enables class relationships to be harmonized is surely the tribal one; just as the chief extracts a consensus from the differing opinions of the tribe, so the democratic state extracts a consensus from bosses and workers, enabling each side to pursue its interests without impeding the interests of the other.
  • Until the meeting of the World Economic Forum in Davos, Switzerland in 1992, he continued to defend nationalization as an instrument of economic policy. But on his return from that event, he noted: "We have observed the hostility and concern of businessmen towards nationalization, and we can’t ignore their perceptions… We are well aware that if you cannot co-operate with business, you cannot succeed in generating growth." The policies of the ANC moved rapidly towards privatization, fiscal austerity, and budgetary discipline. By the time he addressed the Joint Houses of Congress of the United States on October 6, 1994, Mandela was ready to proclaim the free market as the "magical elixir" which would bring freedom and equality to all.
  • Once it became apparent that "the hostility and concern of businessmen towards nationalization" was more than even the prestige of Mandela could alter, his prestige had to be used for the cause of privatization. The capitalist market had become the meeting place of the global tribe!
  • A hidden consistency in his political thought holds together a dual commitment to democracy and capitalism, and legitimates a capitalist onslaught on the mass of South Africans, who sustained the struggle for democracy for decades.
  • Once Mandela had been released from prison and negotiations had begun, the crucial idea which made it possible for the ANC to organize the oppressed majority around the tribal model was that of society being made up of "sectors"—youth, women, business, labor, political parties, religious and sporting bodies, and the like—each with a distinctive role to play. This idea has emerged from the organizational needs of the struggle against apartheid when repressive conditions prevented them from mobilizing around directly political demands. It was now used to insulate the leadership of the liberation movement from critical questioning. In this vein, Mandela explained to the Consultative Business Movement in May 1990: "Both of us—you representing the business world and we a political movement—must deliver. The critical questions are whether we can in fact act together and whether it is possible for either of us to deliver if we cannot or will not co-operate." In calling upon business—and, in their turn, labor, youth, students—to act within the limits of a "national consensus," the question of the basis of that consensus could be removed from sight. In effect, the "tribal elders" of South African capitalism were gathered together in a consensus which could only be "democratic" on the basis of capitalism.
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MEET DAN THE MAN, KING OF THE CONGO - 0 views

  • While there has been a lot of Western media fanfare over the Kabila governments’ supposed “independent” review of mining contracts, little substantive change can be expected.[64]Structural factors exploit the Congolese people and lands and benefit white businessmen, arms dealers, bankers, and their embraceable black agents. Big business benefits from perception management articles well-placed in media to give the impression that the international system is just, that there are watchdogs, checks and balances.
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From Racism to Neoliberalism to National Security: AFRICOM and R2P | ZERO ANTHROPOLOGY - 0 views

  • To mask these simple truths, the U.S. and its corporate propaganda services invent counter-realities, scenarios of impending doomsdays filled with super-villains and more armies of darkness than J.R.R. Tolkien could ever imagine. Indeed, nothing is left to the imagination, lest the people’s minds wander into the realm of truth or stumble upon a realization of their own self-interest, which is quite different than the destinies of Wall Street or the Project for a New American Century (updated, Obama’s “humanitarian” version). It is a war of caricatures.
  • Naturally, in order to facilitate all these exits of governments of sovereign states, international law, as we have known it “must go.” In its place is substituted the doctrine of “humanitarian” military intervention or “Responsibility to Protect” (R2P), a rehash of the “White Man’s Burden” designed to nullify smaller powers’ rights to national sovereignty at the whim of the superpower.
  • Muammar Gaddafi’s exorcism in Libya energized jihadists all across the northern tier of Africa, as far as northern Nigeria, giving a green light to a French colonial renaissance and further expansion of AFRICOM, the U.S. Africa Command. Only five years after its official inception, AFRICOM reigns supreme on the continent, with ties to the militaries of all but two African countries: the nemesis states Eritrea and Zimbabwe. (They “must go,” eventually.)
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  • U.S. proxies set off inter-communal bloodletting in Rwanda in 1994, a conflagration that served as pretext for Rwandan and Ugandan invasion of the mineral-rich Democratic Republic of Congo and the loss of six million lives – all under the protection, funding and guidance of a succession of U.S. administrations in mock atonement for the much smaller “genocide” in Rwanda.
  • New age Euro-American law holds sway over Africa in the form of the International Criminal Court. The Court’s dockets are reserved for Africans, whose supposed civilizational deficits monopolize the global judiciary’s resources. This, too, is R2P, in robes.
  • However, what we do know about U.S. domestic “terror” spying is enough to dismiss the whole premise for the NSA’s vast algorithmic enterprises. The actual “terrorist” threat on U.S. soil is clearly relatively slight. Otherwise, why would the FBI have to manufacture homegrown jihadists by staging elaborate stings of homeless Black men in Miami who couldn’t put together bus fare to Chicago, much less bomb the Sears tower?
  • So, what are they looking for? Patterns. Patterns of thought and behavior that algorithmically reveal the existence of cohorts of people that might, as a group, or a living network, create problems for the State in the future. People who do not necessarily know each other, but whose patterns of life make them potentially problematic to the rulers, possibly in some future crisis, or some future manufactured crisis. A propensity to dissent, for example. The size of these suspect cohorts, these pattern-based groups, can be as large or small as the defining criteria inputted by the programmer. So, what kind of Americans would the programmers be interested in?
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The World Bank, the PFI hospital and the destruction of a nation's healthcare system | ... - 1 views

  • It now costs Lesotho's govenrment $67 million per year, or at least three times the cost of the old public hospital. The hospital is reported by the IFC to be delivering better outcomes in some areas. But the biggest concern is that as costs escalate for the PPP hospital in the capital, fewer and fewer resources will be available to tackle serious and increasing health problems in rural areas where three quarters of the population live.
  • And despite a significant body of evidence highlighting the high risks and costs associated with health PPPs in rich and poor countries alike, similar IFC-supported health PPPs are now well advanced in Nigeria, and in the pipeline in Benin.
  • So why is the PPP so expensive? There are many reasons, as outlined in the new report and in a previous blog authored by Dr John Lister on this site. To some extent cost increases appear to be a result of bad advice given by the IFC. But other reasons for the expense seem inherent to health PPPs and raise serious questions about why the model was pursued in a low-income country. 
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  • As the country‘s health financing crisis escalates, the option of reintroducing and increasing user fees at clinics and hospitals has already been tabled for debate. Such a devastating and retrograde move in Lesotho would further exacerbate inequality and increase rather than reduce access to healthcare for the majority of the population. World Bank President, Jim Yong Kim, recently stated that user fees for healthcare are both unjust and unnecessary.
  • It is accepted that borrowing capital via the private sector will always be more expensive than governments borrowing on their own account. The theoretical cost saving and value for money potential of PPP financing and delivery therefore lies in effective risk transfer to the private sector and, in turn, the effective management of that risk by the private sector in the form of improved performance and greater cost efficiency in its operations. In the case of Lesotho, this potential benefit has not been realised, and the costs are already escalating to unsustainable levels.
  • The World Bank promised and advised that to build a Public-Private Partnership hospital in the capital would cost no more than the old public hospital it replaced.
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As Global Wealth Spreads, the IMF Recedes - 0 views

  • Ghana had joined a long list of developing countries in Africa and beyond enjoying record periods of growth, with the robust economy leaving it no longer in need of more IMF cash.
  • The IMF, founded in 1944 to foster the reconstruction of the global economy in the wake of World War II, is entering its largest period of upheaval since the fall of the Berlin Wall. Over the next year, the Washington institution will slash its 2,900-person workforce by 13 percent through a combination of buyouts and some layoffs, reflecting a loan portfolio shrinking so fast that the IMF is seeking to sell off $6 billion in gold reserves to create a new long-term source of income.
  • The weakest nations in Africa remain the most subject to IMF policies because the fund represents one of their few financial lifelines. But even in better-off countries like Ghana -- a West African nation of 23 million -- the IMF still wields clout. Lenders including the World Bank and foreign-aid agencies in Europe and the United States continue to look to the fund to certify a nation as being fiscally responsible before offering grants or loans.
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  • In Ghana, the IMF has been credited with helping to promote less wasteful government spending and worked with the World Bank to forgive Ghana's $381 million debt earlier this decade. It allowed Ghana to shift funds once earmarked for debt payments to social spending. Schools that had operated in the open air were moved into classrooms while new medical clinics cut infant mortality and the deaths of women at childbirth, according to the Social Enterprise Development Foundation of West Africa, a regional nongovernmental organization.Yet other fund-backed policies have proven difficult for the population. As Ghana sought to increase water access, the IMF recommended "full cost recovery." Ghana's water company moved to install prepaid meters and disconnect nonpaying customers, according to a report from Jubilee USA, an anti-poverty nonprofit group in Washington. As a result, Ghanaian women, who traditionally bear the burden of providing water for household use, were forced in some instances to dig unsafe, shallow wells to access drinking water.
  • The IMF has insisted that Ghana eliminate those subsides and pass the full cost of electricity production to its people. It would mean higher power bills just as residents are trying to cope with increases in gas and food prices. The government has opted for a Solomonic solution. It will begin passing the higher costs to corporate users by later this year but has provided no timetable for extending the burden to individual users.For some here, even that is too much. "The IMF has been pushing us for years," said Leticia Osafo-Addo, chief executive of Samba Processed Foods, a maker of hot pepper sauces, juices and spices that will likely see its electricity bill soar by year's end. "We can and should manage on our own. It is time for that to stop."
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    Ghana had joined a long list of developing countries in Africa and beyond enjoying record periods of growth, with the robust economy leaving it no longer in need of more IMF cash.
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Court refuses to reject Nigeria's US$7 billion drug study case - 0 views

  •  
    Authorities in Kano state are blaming the Pfizer controversy for widespread suspicion of government public health policies, particularly the global effort to vaccinate children against polio.
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Food riots hit West and Central Africa | Bank Information Center: Monitoring the projec... - 0 views

  • Strauss-Kahn has been criticized for publicly supporting President Bush’s stimulus measures to address potential recession in the U.S. – the opposite of the painful austerity measures the IMF applied during the East Asian financial crisis of 1997-98. But while he has been quick to register the IMF’s concern about a potential food price crisis in Africa, it appears that in this case the IMF will not diverge so radically from past practice: new loans, seldom the best remedy for countries facing humanitarian crises, are the best he has to offer.
    • Arabica Robusta
       
      When will it be surprising again when the IMF/World Bank policy branches prescribe government intervention in more-industrialized countries, and government removal in less-industrialized countries?
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    Strauss-Kahn has been criticized for publicly supporting President Bush's stimulus measures to address potential recession in the U.S. - the opposite of the painful austerity measures the IMF applied during the East Asian financial crisis of 1997-98. But while he has been quick to register the IMF's concern about a potential food price crisis in Africa, it appears that in this case the IMF will not diverge so radically from past practice: new loans, seldom the best remedy for countries facing humanitarian crises, are the best he has to offer.
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