Comments on: Africa and the global economic crisis Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: sweeny Sat, 04 Apr 2009 23:11:06 +0000 the world is having its first state of rest in 79 years. pollution emissions must be reaching all time lows. not since the beginning of the industrial revolution has the Earth been able to take a long deep breath of clean, pure air, nourishment for the soul of da planet.

all the business-oriented peoples of the world can concentrate on, is their own petty portfolios and how beautiful life was when their share holdings were up 33% in 2008.

they all want to reboot the economic juggernaut as soon as profitably possible. to continue on their selfish, merry ways of planetary rape, degradation and desecration. can it be possible for Man too, to take a deep breath, feel the power of the great spirit and begin slowly to make some decisions of wisdom for the future of Mankind, & the planet in all of its diversity and wonderment.

what do you, as humans, really want to show your childrens’ children;an unsustainable economic rationale, as outdated as the British Colonisation of the World or do you want to show the little children a flourishing, ALIVE world with all the myriad of Creation in its rightful place.

Now is a time of quiet reflection and repose, a time of goodwill to your fellow human beings and creatures of the wild, a time to address the proper equity of the amazing wealth and plenty of the world, a time to address world hunger and the equitable distribution of the land and the water. these common wealths have to be taken from the hands of the unfathomably, greedy few and given back to the people.

By: Philippe Mandangi Thu, 02 Apr 2009 13:35:37 +0000 In terms of percentage, businesses owned by Africans in Africa in extemely low. The major investments are held by multinational firms that are affected for their centres by the credit crunch. Logically there will be no boom in Africa until the credit flow resumes. Moreover, as african economy is heavily dependent on the exploitation and commercialisation of natural resources is highly risky business to invest in. As the G20 is under way, there is no prospect that Africa will be high in the agenda as world powerful leaders are first acountable to their electorates, which is not the case in most of african countries led by corporate of gangs known abusively as “Elite”. For these corporate gangs, managing economies is not as classical as it is in the Western world. In the Congo for instance, Mr. Kabila has already succeeded to suppress the opposition and the 2011 election is already a done deal. The problem is that there is only one insurance company in Congo “Sonas” (state owned insurance company), which does not guaranty any compensation to any investors whatever the case. These sector, which is vital in boosting economies should have been privatised for the sake of attracting foreign investments and providing assurances that Congo is a safe heaven. But it may take years of democracy trial to get to this point.