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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

Pambazuka - Occupied territory: Africa and the oligopolies - 0 views

  • I would argue that far from having de-growth, what we need is a democratisation of production, democratisation of the economy, so that citizens themselves decide what is produced, how it is produced, how much is produced and under what conditions the production takes place, and what is done with the surplus. We actually need a growth in this form of production.
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    I would argue that far from having de-growth, what we need is a democratisation of production, democratisation of the economy, so that citizens themselves decide what is produced, how it is produced, how much is produced and under what conditions the production takes place, and what is done with the surplus. We actually need a growth in this form of production.
Arabica Robusta

Camerounlink actualité : ADB-World Bank Joint Review: Obstacles To Project Ex... - 0 views

  • According to the document, problems inhibiting the smooth execution of funded projects include the poor preparation of projects, poor quality of social and environmental impact assessment studies, delays in the disbursement of funds, low consideration for results-based management, poor monitoring and evaluation of projects, poor
  • implementation of the national contract award system and the poor management of public finances, amongst others.
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

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. 
Arabica Robusta

Ota Benga Alliance | For Peace, Healing and Dignity - 0 views

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    In honoring Ota Benga, we focus our efforts on the need to treat each other with dignity, with respect for cultural diversity as a source of strength, and with truth as a foundation for genuine reconciliation to end the cycles of violence, vengeance, and militarism. We believe that peace and dignity cannot be achieved while the injustices of the past and present are buried in silence, and while the struggles of the present go unheard.
Arabica Robusta

Pambazuka - Development aid: Enemy of emancipation? - 0 views

  • In Africa there have historically been two types of civil society, those that have collaborated with the colonial power and those which have opposed it.
  • Are the big NGOs (non-governmental organisations) harmful towards Africa? FIROZE MANJI: Let’s not talk about their motivations, which are often good. The question is not about evaluating their intentions, but rather the actual consequences of their actions. In a political context where people are oppressed, a humanitarian organisation does nothing but soften the situation, rather than addressing the problem.
  • I have become anti-development. This wasn’t the case before. Let’s have an analogy: did those enslaved need to develop themselves, or to be free? I think that we need emancipation, not development.
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  • These last 20 years we have faced a major change: the financialisation of capitalism. Now, nobody can do anything without capital. Finance controls each and every sector of society.
  • Immediately after Kenya’s independence (1963), a great many important liberation figures were imprisoned, exiled or killed, such as Patrice Lumumba in Congo and Thomas Sankara in Burkina Faso. Each time a leader had the courage to rebel, Europe and the United States forced them to back down. We then came to know an empty period until the mid-1990s, when people began to resist and organise themselves again. Today in Kenya, spaces for discussion and debate are not lacking. It’s vibrant, alive and a general trend, including in Europe.
  • Look at Tunisia: you hear that the revolution was caused by Twitter – this can’t be serious! Pens were also used as a means of information and mobilisation. Does this mean that pens caused the revolution? This illustrates a tendency towards technological determinism, towards hi-tech fetishism. We imagine that mobile phones, SMS (short message service), Twitter and Facebook have a power. This type of discussion tends to underestimate the role of those who use them.
  • In Tunisia, protesting in the road called for a lot of courage. A protestor who embraces a soldier, as is seen in a photo, is not produced by technology. It’s thought that this can resolve everything, but a third of Africans have one and there hasn’t been revolution everywhere.
  • Take for example agriculture: the bulk of what’s produced in Africa goes to feed Europe, multinationals and supermarkets. In Kenya we produce millions of flowers. Every day, they leave for Amsterdam. The amount of water used and the chemical products involved destroy our environment. While this goes on, populations have difficulty gaining access to water and food. The countryside ought to be used to produce food!
  • Agricultural production needs to be democratised.
  • I think that Latin America is a dozen years ahead of us. Structural adjustment policies began there two decades ago. I think that in Africa a popular movement will rise up from this from 2020. Chávez is not an exception; he is the product of his history, of a movement for emancipation, like Lula. The question is, how can we ourselves politicise this process? It’s not easy; there’s no technical solution. Workers and farmers need to become organised. This takes time. The positive thing is that this point is now discussed; this wasn’t the case 10 years ago.
Arabica Robusta

Pambazuka - Beyond the privatisation of liberation - 0 views

  • At one level the path toward liberalisation should have been opposed by the SACP, but the South African Communist Party found a convenient formulation to support the capitalist road. Their understanding of the stages theory of Marxism meant that South Africa had to pass through a period of capitalist development before the working class could be ready for an alternative to capitalism. This theoretical understanding of Marxism that twisted the revolutionary ideas of class struggles justified the support for the privatisation of large sections of the economy.
  • Former apartheid capitalists were exultant as South Africa’s ‘entrepreneurs’ traversed the continent behind the diplomatic cover of the African Renaissance. The African capitalists fronting for the old apartheid structures accepted the rules of the capitalist system, the racist hierarchy and ethnic power bases and looked to ways to maintain the system while seemingly opposing the very same system that they propped up.
  • In Zimbabwe, the integration of former freedom fighters into the circuits of the Rhodesian state found a new path. After integrating former freedom fighters into the civil service, into the university, into the army, into the police and into the wider bureaucracy, the freedom fighters wanted the land of the settlers. They turned to the language of third liberation to seize the land of the white farmers. What would have been a righteous act of reversing the theft of land from African workers and peasants became one more vehicle for the liberation fighters to become private capitalists. The conditions of the workers on the land did not change as the state became more repressive and intolerant of the wider society. Repression and the privatisation of liberation went hand in glove in Zimbabwe.
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  • in Mozambique the structures of the popular organs such as the women, youth, workers and peasants were weakened. International and western non-governmental organisations invaded the rural communities while the working people were denied the basic democratic rights for collective bargaining and industrial democracy.
  • Jonas Savimbi had fought tenaciously to be the standard bearer for Western capitalism in Angola. However, very early on the MPLA (People's Movement for the Liberation of Angola – Labour Party) accepted the IMF (International Monetary Fund) terms and conditions for neoliberal capitalism.
  • The MPLA leadership built relations with China to widen their bargaining position with international capital. However, this outreach to China and Brazil did not affect the privatisation process. In fact, Chinese private entities such as the Chinese Investment Fund strengthened the capitalist element of the party by importing conditions of labour relations that denied rights to Angolan and Chinese workers.
  • Liberation had become a business and the victories of the people were being distorted for the wealth and power of the ruling families.
  • Jacob Zuma has demeaned the meaning of links to the ancestors by invoking the ancestral spirits on the side of capitalist accumulation.
  • Within the church, the schools, universities, the old media and other intellectual and ideological institutions the struggles intensified but the white capitalists understood that the black capitalists supported the idea of the superiority of the capitalist mode of production. In essence, these blacks supported ideas of racial hierarchy and sent their children to schools that practised overt racial discrimination. So bold had the whites become that at one of the premier universities, the University of Cape Town, it was decided that there was no need to teach African studies.
  • In this political wasteland, Robert Mugabe appeared attractive and earned massive applause when he visited South Africa.
  • Throughout Africa it is imperative that education for transformation support the calls for social transformation. Private property cannot be nationalised with the same mindset that supports the crude consumption of the black capitalists in gated communities. These capitalists manipulate the workers of South Africa on the basis of racial and ethnic identification, and more significantly, these capitalists promote xenophobia to discriminate against other African workers who believe in the concept of Africa for the Africans.
Arabica Robusta

Hands off Africa! | Pipe(line)Dreams - 0 views

  • There’s no doubt, either, that both Libya and the Ivory Coast have reinforced many peoples’ opinion that the West will support “change” and “democracy” only when its own interests are advanced.
  • When you consider just how many seriously flawed African elections have gone by recently without the slightest objection from France, the U.S. or the U.N. — Gabon, Burkina Faso, Senegal, Uganda – it’s painfully obvious that Western support for African democracy is highly selective. With all the despots who have been in power for decades in Africa, how did Gbagbo suddenly become so terrible?
Arabica Robusta

Pambazuka - Speaking truth to power: Africa and development - 0 views

  • He has headed the South Centre which is responsible for devising policies for the South by the South.
  • In essence, in political-economic terms, kleptocratic capitalism is a system of economic production and exchange based on fictitious wealth without going through production of real wealth and political governance controlled by “looters and daytime robbers”.
  • there are occasional reports from UN agencies that cannot hide the truth. In a recent paper-- “Governing development in Africa - the role of the state in economic transformation”, 22 March 2011-- the UN ECA argues that despite high growth rates in Africa there has been no improvement in employment and welfare of ordinary people.
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  • Do you think that Green Capitalism is a satisfactory response from the status quo to address the challenges of climate change, peak oil and resource scarcity in Africa? YASH TANDON: I am afraid not. It does not solve the problem of the control of Africa`s resources – including oil, minerals, land, water and forestry – by global corporations.
  • I doubt that China and India are driven by the motive of “helping Africa to develop”. They are in Africa because they need Africa`s resources, and openings for investing their capital. Nobody from outside is going to develop Africa. That is Africa`s responsibility. Therefore African governments must negotiate trade and investment terms with India, China -- and others -- with knowledge, skill and shrewdness.
  • the SC seeks to provide a policy platform for the countries of the South to coordinate their negotiating positions on issues ranging from trade agreements to intellectual property, climate change, human rights, health and human security.
  • Nonetheless, there are policies that the present government has put in place that are sensible – for example, on putting limitations on capital account and ownership of banks – but Ethiopia is still too dependent on aid from outside. This constrains its ability to shape its own development path.
  • Development comes from a deep understanding of the situation Africa finds itself in contemporary times. Development is always self-development. It cannot come from outside. Pain and sacrifice are necessary ingredients of development, both for individuals and for nations. The “soft bed” of foreign aid is the road not to development but to slavery.
Arabica Robusta

Pambazuka - Copper in Zambia: Charity for multinationals - 0 views

  • Despite the apparent ‘success’ of the privatisation of the Zambian copper industry, the true picture is one of systemic multinational exploitation, national assets sold ‘for a song’ and persistent tax dodging, writes Khadija Sharife.
  • It has been almost two decades since Zambia's ailing copper industry, beset by low commodity prices and skyrocketing debt, was privatised. The process was described by the New York Times in 1996 as, 'Westerniz[ing] the economy with a combination of help and arm-twisting from the World Bank and the International Monetary Fund, the lead lenders for the $6.3 billion in external debt the country is carrying.’
  • Provisions granted to multinationals included stability periods extending for up to 20 years, rendering multinationals exempt from legislation implemented by parliament and other national and legal alterations; the right to carry over losses throughout the 'stability periods'; 100 per cent foreign currency retention, remittance and provision for capital investment deductions; zero withholding tax; and various other fiscal and para-fiscal exemptions ranging from customs duty to environmental pollution and penalties; pension schemes, and contracting of casual workers – accounting for 45 per cent of the workforce, amongst others.
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  • Stated former finance minister Edith Nawakwi: ‘We were told by advisers, who included the International Monetary Fund and the World Bank that … for the next 20 years, Zambian copper would not make a profit. [Conversely, if we privatised] we would be able to access debt relief, and this was a huge carrot in front of us – like waving medicine in front of a dying woman. We had no option [but to go ahead].’
  • In 2004, UK-based corporation Vedanta Resources acquired 51 per cent of shares in KCM, known as the largest copper mine in the world, for $48 million cash. In the three-month period that followed, the company registered profits of $26 million from KCM.
  • The World Bank's IFC (International Finance Corporation) reported that, thanks to corporate incentives, effective tax rate for mining companies was 'effectively zero'.
  • Despite being the world's copper powerhouse, Zambia is now one of the world's 25 poorest nations. Though copper provides about 80 per cent of foreign exchange earnings, mining employs just 10 per cent of salaried workers, contributes just 2.2 per cent of revenue to the government's tax agency (ZRA – Zambia Revenue Authority) and 9.7 per cent to GDP (gross domestic product). The drastic increase in price was primarily due to China's increased copper needs, rising to US$10,000 per tonne. The bulk of copper in Zambia is exported to Switzerland – on paper, that is.
  • Glencore International AG, based in Baar, Switzerland (the world's leading secrecy jurisdiction), controls over 50 per cent of the world's global copper market.
  • Comparative analysis reveals that Mopani’s costs are much higher than those of comparable mining companies operating in Zambia.
  • Extensive revenue analysis revealed cobalt extraction rates twice inferior to other producers of the same area - a difference deemed unlikely by the auditors and which indicates that some of the ore extracted by Mopani could remain undeclared.
  • Transfer pricing manipulation and breach of the Arm’s Length principle: The company’s production is sold, both locally and internationally, via its main buyer Glencore International AG, who also happens to be Mopani’s parent company. After careful revenue analysis, it appears that the sales from Mopani to Glencore fail to comply with the OECD “Arm’s Length” principle: minerals are sold to Glencore under conditions that would not apply to a third-party buyer… According to the audit, Mopani seems to prefer selling its production to Glencore whenever prices are at their lowest, something a buyer, not a seller, would be likely to do.'
  • This is, of course, a common script for Africa: the bulk of the illicit flight (estimated by Global Financial Integrity at 60 per cent) is often siphoned not by rogue regimes but instead by corporations through 'underpricing, overpricing, misinvoicing and making completely fake transactions, often between subsidiaries of the same multinational company, bank transfers to offshore accounts from high street banks offering offshore accounts, and companies formed offshore to keep property out of the sight of the tax collectors. According to a survey assessing the economic practices of 476 multinational corporations, 80 per cent acknowledge that transfer pricing remains central to their tax strategy.
  • And though prices increased, Zambia’s revenue actually decreased, by 50 per cent from 1.4 per cent (2003) to 0.7 per cent (2004). The government introduced a 25 per cent windfall tax, raised mineral royalties to 3 per cent and corporate tax to 30 per cent. But soon after, mining houses engaged in intensive lobbying. Current Zambian President Rupiah Banda claims that the windfall tax will not be implemented again. In fact, soon after introduction, it was scrapped.
Arabica Robusta

Pambazuka - Pollution: Africa's real resource curse? - 0 views

  • Currently, corporations subscribe to the standards of the voluntary International Cyanide Managament Code. Yet one aspect that the code fails to rigorously address is that of closure.
  • Kabwe’s rehabilitation is part of the broader Copperbelt Environment Project (CEP), largely funded by the World Bank.
  • Describing the Environmental Council of Zambia as ‘very weak’, the CEP revealed that: ‘Existing regulations are seldom enforced. The regulatory dispositions for the mining sector are currently so weak that they do not deter polluters…Identification and monitoring of environmental risks resulting from mining activities is often inadequate.’ Mining corporations operating in Zambia post-1994 were allowed to adhere to the Environmental Management Plan (EMP), taking precedence over national legislation, with little penalties save for on the spot fines of £17 and letters of warning. Like Tanzania, Zambia’s mining contracts remained secretive.
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  • e Villiers said the body appointed to look at the problem favours neutralisation as the best solution to the problem of AMD. ‘Certainly, it will be an economically viable solution, if logistics such as the reservoirs needed for the neutralization to be carried out in (continuously over a very long period of time) can be sorted out, which seems unlikely at the moment. ‘The proposals by corporations to step in with their proposed solutions have apparently been shot down, because they wanted to sell the cleaned water back to Rand Water, making a profit in the process. ‘I’m not sure why mining houses are allowed to pollute while making a profit, and corporations who want to clean up are apparently expected to do so without the benefit of making a profit,’ she said.
  • In an interview with The Africa Report, Turton said that not only will mines evade the legal minimum requirement of the ‘polluter pays principle’ but also profit from it. ‘What’s more, that profit is all but guaranteed, because it will be underwritten by the state in the form of a mooted Public Private Partnership (PPP),’ he said. The deal allows for mining houses to access a R3.5-billion deal with no tendering process, as well as select ‘treatment’ that was described by Turton as the ‘least cost option’ via a process shrouded in secrecy, enabling the WUC to act as both consultant and reviewer.
Arabica Robusta

Is palm oil a kernel of development for African countries like Liberia? | Environment |... - 0 views

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    To win the contract Sime Darby sweetened its bid with a list of community benefits, undertaking to build five primary and secondary schools with free education for the children of its workforce, to rehabilitate a hospital, with better access to treatment, subsidise half the price of rice and more.
Arabica Robusta

Ghana Oil Bill May Improve Credit Rating, Spur Loans, IMF Says - Businessweek - 0 views

  • The law, passed on March 2, allows oil revenue to be used as collateral for loans in a “credit enhancement” program, said Wayne Mitchell, resident representative for the fund, based in Accra, the capital. The risk of default is reduced, which will lower interest rates, he said.
    • Arabica Robusta
       
      This is a truly questionable development strategy, likely to land Ghana in a speculative debt.
  • A provision to keep 21 percent of the revenue in a stabilization fund for the country to fall on in times of price volatility and a heritage fund with 9 percent of earnings saved for the future is “best practice,” Mitchell said in an earlier interview on March 2.
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    The law, passed on March 2, allows oil revenue to be used as collateral for loans in a "credit enhancement" program, said Wayne Mitchell, resident representative for the fund, based in Accra, the capital. The risk of default is reduced, which will lower interest rates, he said.
Arabica Robusta

Pambazuka - Cameroon: Propping up a dictator - 0 views

  • different kind of change is required in Cameroon, which must come on the heels of a well contrived and executed policy of education designed to transform the populace from tribal subjects to national citizens.
  • But Mrs. Clinton’s statement conveniently left out Equatorial Guinea, Gabon, Nigeria, Ethiopia, Uganda, among others. In these states the US government and American multinationals continue to cooperate with regimes that are obscenely corrupt and/or repressive for “constructive reasons.”
  • Senegal appears to have led the trend, with President Abdoulaye Wade establishing relations with the Libyan rebels in mid-May. Last week, Wade met with rebel leaders in Benghazi and said that Qadhafi should step down. Gambia also recognizes the rebels. Wade’s call for a transition was seconded last week by Mauritania’s Abdel Aziz, who said that Qadhafi’s “departure has become necessary...’
Arabica Robusta

No jobs, no house, no freedom - 0 views

  • We cannot forget that many people died and fought hard and with courage and determination to gain this freedom from apartheid. We honour those people all the time. Many of our members struggled in trade unions and in community organisations. We have members whose ancestors fought in the war fought from the Nkandla forest and in the rebellion on Nguza Hill. The struggle against apartheid is our struggle.
  • But we have a clear understanding of what that struggle was for and it was not just to replace white politicians with black politicians. That struggle was not just to force white business to take on some black partners. That struggle was to ensure that South Africa belongs, really belongs, to all who live in it.
  • seventeen years after the end of apartheid there are millions of people who are ‘forgotten’ and yet they are being told that they are free. They are being told that they must go to the stadiums on an empty stomach to listen to politicians tell them how far they have come and then go home to a shack.
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  • We are told every day that freedom means voting plus service delivery. We do not accept this definition and we will not be intimidated by all those who say that our refusal to accept this definition means that we are immature and unprofessional. As a movement of the forgotten it is our duty to continually ask ourselves what freedom really means. Freedom is always something that should be defined by the people.
Arabica Robusta

Joshua Sperber: The Evils of Bad Criticism - 0 views

  • The outstanding documentary Darwin's Nightmare examines how global growth functions in Mwanza, Tanzania, an abjectly impoverished city on Lake Victoria whose inhabitants are afflicted with AIDS, environmental ruination, and hunger amidst the profitable exportation of local fish to the affluent Western European market. Capitalism is, after all, not designed to feed people but to make money.
Arabica Robusta

Cameroon: Corantin Talla "Cameroon under the dictatorship of Paul Biya has no good imag... - 0 views

  • Recently, i have organized a series of protest in front of the Cameroon embassy in Washington DC, attended by hundreds of Cameroonians and sympathizers of Cameroon; and in reaction to that the ambassador of Cameroon in the USA requested your help to polish the image of Cameroon.
  • Therefore, we will react promptly to any attempt by your agency to convey false positive images of Cameroon in a subjective manner without hearing from the Cameroons of all sides of the political spectrum as well as the ordinary Cameroonians who are suffering because of the bad governance of President Paul Biya.
Arabica Robusta

Pambazuka - Protests across Africa: Different attention for different countries? - 0 views

  • As Gaddafi finds new ways to attack Libyans, Libyans unleash their fury against his deployment of mercenaries from West and East Africa as migrant workers from south of the Sahara face increasing attacks and are prevented from leaving the country. Given the racism in Libya and low status of foreign black workers, it was only a matter of time before innocent people were attacked.
  • The language and subtext being used in some of the reports is cause for concern. In a video by Al Jazeera, ‘Immigrant workers under suspicion’, the US-based Frontlines of Revolution uses the headline ‘White Arab supremacy: Revolution or Moor black oppression?’ There is no doubt that there that racism is rife in Libya and that black foreign workers are being targeted, but language like this and lack of historical or political context only inflames the situation
  • Nonetheless, the assault on black Africans is disturbing, not least because the uprisings in North Africa have been framed within an Arab/Middle East context, not just by Western media but more importantly by Al Jazeera, which itself has become part of the revolutionary story. This in itself further antagonises Arab–African/Arab–black tensions and also raises the monumental question as to who is an African and what do we mean by Africa. Pambazuka News editor Firoze Manji addresses this in a recent interview with Al Jazeera – could this possibly be a response to growing criticism of their framing the North African uprisings solely in an ‘Arab’ context?
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  • ‘They wanted to stop us from protesting, we protested. We have a non-violent philosophy, which we maintained in the face of extreme violence. An incredible force of young Cameroonians. We started out almost 300 and ended up less than 50 but (being a) nugget has banished fear, for ourselves and for many other Cameroonians. The population did not join us in droves, but: not one person out of hundreds complained about the blocking on the road; If we ever doubted it, we now have extreme clarity on the absolute need for change and the absolute need for unwavering determination in bringing it about in our country.’ Six members of Cameroon O’Bosso have been arrested and remain in detention.
  • I am sure global corporate media are aware of what is happening and it’s clear that choices are made on which conflicts and revolutions are covered.
  • The mistake the media and activists in the West make is to believe that the voice of revolution has to be highly vocal and visible to their world. On the contrary, there are thousands of activists and social justice movements from across Africa and the diaspora who are totally committed to achieving political and social change in their respective countries. It just takes a little effort and time to know what is happening.
  • As informed citizens and if we are to see ourselves as part of the revolutionary process, then we need to try and grasp an understanding of the layers of narrative and actions which are taking place, not just across Africa but on a global level.
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