Category: Economic Measures
Zimbabwe: #ThisFlag Values!

“A team of volunteers has gone through 100000’s of your comment’s, tweets and whatapp messages. Amongst many, these are the COMMON #Thisflag values that everyone has expressed” (#ThisFlag on Facebook, 2016).
Bishop’s Private Jet smuggled money to South Africa (Youtube-Clip)
https://www.youtube.com/watch?v=1JD4txpDJZ8
“the head of the Christian Association of Nigeria (CAN) owns the private plane with US registration number N808HG, which is one of the jets recently seized by the SA officials. The money totaling $9.3 million cash was packed in several suitcases. The cash was seized at the Lanseria airport following the luggage search. Reuters previously revealed that SA police started investigation in terms of 2 Nigerians and an Israeli contractor, who were on board trying to illegally bring cash into the country, in what might have been part of an arms deal” (Uncensored, 2016)
Donald Trump’s ‘Art of the Deal’ Ghostwriter Tony Schwartz Speaks Out | MSNBC (Youtube-Clip)
“Tony Schwartz, the ghostwriter for Donald Trump’s book “Art of the Deal”, speaks out about his experience of working with the GOP nominee” (MSNBC, 2016).
UNCTAD Warns on Debt, Says Africa Should Find New Ways to Finance Development

This year’s UNCTAD Economic Development in Africa Report 2016 finds that Africa’s external debt ratios appear manageable, but African governments must take action to prevent rapid debt growth from becoming a crisis, as experienced in the late 1980s and 1990s.
NAIROBI, Kenya, July 21, 2016 – African governments should add new revenue sources to finance their development, such as remittances, public-private partnerships, and a clampdown on illicit financial flows, an UNCTAD report said on Thursday, warning that debt looks unsustainable in some countries.
This year’s UNCTAD Economic Development in Africa Report 2016 finds that Africa’s external debt ratios appear manageable, but African governments must take action to prevent rapid debt growth from becoming a crisis, as experienced in the late 1980s and 1990s.
“Borrowing can be an important part of improving the lives of African citizens,” UNCTAD Secretary-General Mukhisa Kituyi said. “But we must find a balance between the present and the future, because debt is dangerous when unsustainable.”
At least $600 billion will be needed each year to meet the Sustainable Development Goals in Africa, according to the report which is subtitled Debt Dynamics and Development Finance in Africa. This amount equates to roughly a third of countries’ gross national income. Official development aid and external debt are unlikely to cover these needs, the report finds.
A decade or so of strong growth has provided many countries with the opportunity to access international financial markets. Between 2006 and 2009, the average African country saw its external debt stock grow 7.8 percent per year, a figure that accelerates to 10 percent per year in the years 2011–2013 to reach $443 billion or 22 per cent of gross national income by 2013.
Several African countries have also borrowed heavily on domestic markets, the report finds. It provides specific examples and analyses of domestic debt in Ghana, Kenya, Nigeria, Tanzania, and Zambia. In some countries, domestic debt rose from an average 11 percent of GDP in 1995 to around 19 percent at the end of 2013, almost doubling in two decades.
“Many African countries have begun the move away from a dependence on official development aid, looking to achieve the Sustainable Development Goals with new and innovative sources of finance,” Dr. Kituyi said.
The report argues that African countries should look for complementary sources of revenue, including remittances, which have been growing rapidly, reaching $63.8 billion to Africa in 2014. The report discusses how remittances and diaspora savings can contribute to public and development finance.
Together with the global community, Africa must also tackle illicit financial flows; which can be as high as $50 billion per year. Between 1970 and 2008, Africa lost an estimated $854 billion in illicit financial flows, roughly equal to all official development assistance received by the continent in that time.
And while governments should be vigilant of the borrowing risks, public-private partnerships have also started to play a more prominent role in financing development. In Africa, public-private partnerships are being used especially to finance infrastructure. Of the 52 countries considered during the period 1990-2014, Nigeria tops the list with $37.9 billion of investment, followed by Morocco and South Africa.
Opinion: Why is there so little sanction on Corrupt behaviour and why don’t the donors stop the funds?

We should question the ability of certain leaders to be able to squander away government funds, donor-funding while keeping their citizens in poverty and neglect the civil service, the state functions and keeping the state fragile; so that the Executive can brown envelope the Members of Parliament and that other civil servants to get paid, instead of government salaries depend on being paid under table for government delivery.
This is not one nation problem, this is not a one continent problem, and this is a worldwide problem. Not only government acts like this organizations, multi-lateral organizations and businesses. Corporations and other LLCs are also misusing their fortunes and ability to generate wealth for their stakeholders through intricate and complex banking structure that fixes the profits away from the countries we’re they earn high profits; while squandering away the profits so that the owners and stakeholders gain massive funds and leave the consumers, workers and the nations as they keep the funds away from the State of real business.

Why can I address the neglect of government in the same regard as tax-avoidance in modern business, because the same ethics and norms are made and regulated by the Parliaments, Executive Power and by the interests of politicians; that needs funds and create business in their constituency as they earn currency on opening business there. So with that in mind, the way the business is set-up and regulated are by admission from the political framework and laws, not to talk about tax-regulations together with multi-lateral agreements that either opens or closes doors for tax-fugitives from the profitable country.
The Government are the Sovereign Power, the ones that represent and distribute the resources and funds to their citizens through departments, ministries, institutions and programs that are sufficient to make sure of education, security and development of the country. That happens as they can either use their taxes, aid and loans to fund the government work. Well, they could if they wanted to represent the people who paid the tax and elected them.
One key reason for the maladministration and mismanagement from the government are that they are responsible for sham elections and rigging themselves in power; worst case scenario the government and executive took the power with the gun; so the responsibility is more on the ammunition instead of the transparency and accountability towards the citizens. The citizens are supposed to have safe-guards from corrupt behaviour and alleged graft; as the Auditor General and Ombudsman are supposed see through the files and budgets, together with registered procurements, so that the actual facts are the same as the planned efforts from the State.
That is why the breaking figures and knowledge of squandered monies from the funds. Something that shouldn’t be that easy to do or get away with; as so many leaders and executives have saved giant bank-accounts in Swiss Banks and in Tax-Havens. So the humble men from villages all of sudden own 30 luxury cars, 4 mansions and have a wife who spends a ministries months salaries on exclusive clothing and shoes in Paris and London. While the taxpayer are struggling to eat and feed their families, which is an issue that shouldn’t be there when the Executive and wife can have a cortege of 25 cars driving from their State House to their Ranch without any consideration.

The worrying sign is that the International Monetary Fund, World Bank and other Multi-lateral organizations don’t sufficiently sanction this kind of activities or even punish the countries with this behaviour; except when the nations are on their back hunting wild goose. The United Nations and European Union, other Pacts doesn’t even sanction much either. The diplomatic tensions and the wish for resources sometimes stop the knowledge of the thievery, if not to save face of both parties as they doesn’t want the public of the nation importing to know about the maladministration.
What I am wondering with all the corruption scandals, with the rich executives and the haemorrhaging of monies from the state and businesses; It happens daily while the begging for funds from international community and also getting investors from the exterior to invest in business. These businessmen are set in function with civil servant and government officials that are corrupting the state; something that the world knows… and still keeps it going around.
Certainly the knowledge of this isn’t something in the shadow, some places all of this is in the spotlight and expected by the officials, as a second way of getting add-ons on their meagre salaries as the government doesn’t pay enough or on time for the Police Officers and Teachers to secure pay to pay for food and even rent. Therefore the system generate where the Government can’t even supplement funds for their own, while their leaders eat the most delicious stakes. This should be a warning, but the world moves on.

What worries me… is how this keep on happening with different names, different places and with different funds, while the sanctions and the stopping of funding from the communities doesn’t stop; while the massive overload of stolen monies are hidden and the ability to use this banked currency in developing the state and nation, instead lost in trail of lies and deceit where the accountability got dropped in the ocean.
We should question these transactions and not accept these facts of life, this is the ones that steal the development and progress, steal foreign taxpayer’s monies into personal bank-accounts and private business of elites instead of the public functions as they we’re supposed to go.
I am just writing in frustration… and tired of seeing and hearing about the scandal after scandal… While the ones dishing it out are silent, while the punishment is not happening and the characters who are behind the thieving is walking like kings and queens in main-streets of capitals all around the world. That is what is bugging me. It shouldn’t be like this and the behaviour should be tormented, questioned and also charged for their stolen cash. This cash we’re not automatically made for and created for the Executive’s and their Elites; which isn’t justified. So why does it seem that some people are allowed to steal a country, steal a national treasury and the foreign exchange funds are walking scotch-free while hanging around the mayors and government-officials; but when a pocket-thief or a man stealing a goat, gets detained and not hired again.
The rules for this is provable not equal, not for all men are equal under god, except if you like shrimp. Well, that is not the case in this matter, there are too set of standards, the Executives and their Elites; while the citizens and public are a disgrace and can be disregarded easily, but the rich can get-a-way-jail-free-card! Peace.
Steel Strips Wheels Ltd. India bags new Business in Kenya (20.07.2016)

Sky News | Pastor Evan Mawarire breaks down during interview (Youtube-Clip)
https://www.youtube.com/watch?v=EBRsjH5jWmI
“Sky News team interview Pastor Evan Mawarire in South Africa after they were thrown out of Zimbabwe” (Dreams of Zimbabwe, 2016).
The United Nations World Food Programme (WFP) Begins Unprecedented Emergency Food Relief Operation in Drought-Hit Malawi (20.07.2016)

Malawi is one of the countries in southern Africa worst affected by El Niño-related drought.
NEW YORK, United States of America, July 20, 2016 – The United Nations World Food Programme (WFP) has begun a new round of life-saving relief operations in Malawi where as many as 6.5 million people – nearly 40 percent of the population – may require emergency assistance in coming months. This is set to become the largest ever emergency food relief operation in the country’s history.
Malawi is one of the countries in southern Africa worst affected by El Niño-related drought. Its food security crisis is not only due to this year’s unprecedented drought but to the impact of severe flooding and prolonged dry spells last year.
Across southern Africa, as many as 18 million people will require emergency assistance in El Niño affected countries between now and March, with needs peaking in January. Of these, WFP is planning to reach 11.9 million people with food assistance. Malawi is one of half a dozen nations in the region which has declared drought-related disasters in recent months.
Malawi’s already strained food security situation is worsening following the most recent harvest which suffered widespread failure, particularly in the south. Some 80 percent of the affected people are smallholder farmers who rely on what they can produce to feed themselves and their families. This is a country with high levels of stunting – low growth for age – as a result of malnutrition, as well as high rates of HIV/AIDS infections and related deaths which have left many orphans and child-headed households.
“This is a dire situation, one that the world needs to take notice of right now before it’s too late”, said WFP Executive Director Ertharin Cousin who today concluded a three-day visit to Malawi. “I’ve talked with women in rural areas who told me they have enough food for just a few more weeks, after which they will have nothing. We must urgently assist the people of Malawi and those affected by the drought in neighbouring countries, before food insecurity spirals into hunger and starvation.”.
WFP concluded its last round of food and cash-based relief in Malawi in April. Seasonal relief for the poorest and most vulnerable is normally offered between January and March at the height of the lean season – that period preceding the harvest during which domestic food stocks become increasingly depleted.
Following floods and drought last year, WFP responded to needs during the last lean season as early as October. This year, however, emergency relief is starting now – that is because the lean season has already begun in many districts or is soon to start in others. The number of people currently in need in Malawi is two and a half times higher than last year, already a bad year.
For part of her visit, Ms. Cousin travelled with Dr. Jill Biden, Second Lady of the United States, who has been visiting Malawi as part of a three-nation African tour focusing on economic empowerment and educational opportunities for women and girls, and on partnerships on global health and food security.
Dr. Biden and Ms. Cousin together visited a primary school in Zomba district where students receive WFP school meals which are funded by the United States Department of Agriculture. They met farmers whose harvests have suffered badly because of the drought. The WFP Executive Director also met Vice President Saulos Chilima and other government officials.
“It’s very important that we save lives in emergency situations.” said Cousin. “But it’s also vital to offer people hope and opportunities so that they’re better able to withstand shocks and cope for themselves in the future. That’s why we’re working with government and other partners including the UN Food and Agriculture Organization on programmes like school meals and support for smallholder farmers – these are initiatives that change lives in the long-term.”
WFP’s regional funding requirements for the most drought-affected countries from now until April next year is US$ 535 million; US$217 million of this is required to cover Malawi’s needs alone. There is a particularly urgent need for funding for Malawi to ensure that food stocks can be procured, transported and pre-positioned before seasonal rains start in November, making many roads in remote areas impassable.
Press Statement: Office of the Public Prosecuter will look into the ‘Chickengate’ at IEBC scandals of 2009-2011 (19.07.2016)


