Tag Archives: Johannesburg

The 2013 Resource Governance Index

15 May 2013

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The 2013 Resource Governance Index (published by the Revenue Watch Institute) is out. The top performing African countries include Ghana, Liberia?, Zambia and South Africa, with partial fulfillment. The bottom performing countries are Equatorial Guinea, Zimbabwe, South Sudan, the Democratic Republic of Congo and Mozambique.

The 58 nations included in the report “produce 85 percent of the world’s petroleum, 90 percent of diamonds and 80 percent of copper.” Ghana, where we are doing some evaluation  work on extractive sector transparency initiatives, is the best performing African country on the list. Image

More here. 

And in related news, The Africa Progress Report was released last week. The report details the massive loss of revenue by African governments through mismanagement – either by commission and/or omission – of extractive resources. For instance:

The report details five deals between 2010 and 2012, which cost the Democratic Republic of the Congo over US$1.3 billion in revenues through the undervaluation of assets and sale to foreign investors. This sum represents twice the annual health and education budgets of a country with one of the worst child mortality rates in the world and seven million pupils out of school.

The DRC alone is estimated to have 24 trillion dollars worth of untapped mineral resources.

The most bizarre case of resource management in Africa is Equatorial Guinea, a coutnry that is ranked 43rd on the global per capital GNI index but ranks 136th on the Human Development Index (2011).

Below is a map showing flows related to Africa’s vast resources:

RESOURCE-MAP

Georgetown MSFS Launches New Africa Scholarship

13 May 2013

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The application deadline is January 15, 2014. Spread the word.

Starting in fall 2014, the Master of Science in Foreign Service (MSFS) at Georgetown University is offering a full- tuition scholarship for a talented graduate student from sub-Saharan Africa.

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MSFS is a two-year, full-time graduate degree program in international affairs. Students will take courses in international relations, international trade, international finance, statistics and analytical tools and history. In addition, students choose an area of concentration such as International Relations and Security, International Development or International Business.

Quick Hits

18 October 2012

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Haiti wants to join the African Union 

Partisan stats: Of red-state moochers and blue state makers 

Romney’s elusive tax plan (funny)

Zuma’s failed presidency and South Africa’s labor unrest

Mo Ibrahim Prize goes unclaimed, again

Kenya might be seeing the origins of insurgency (More details on this soon)

Quick hits

17 July 2012

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UPDATE:

The Atlantic has a nice piece on the legacy of Meles Zenawi, the ailing Ethiopian Premier.

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The African Union elected South African Nkosazana Dlamini-Zuma to head its executive arm, the AU Commission. Ms Dlamini-Zuma is a former wife of the polygamist South African President Jacob Zuma. I hope that with Pretoria’s success in having her elected to head the AU South Africa will take a more proactive role in leading the regional organization. As I have stated before, I think the organization needs “owners” in the form of diplomatically powerful custodians. Being the region’s biggest economy, South Africa is well placed to provide strong leadership to the African Union, if it wanted to.

Still on the AU Summit, Ethiopian Prime Minister Meles Zenawi has been conspicuously absent, fueling speculation that he is critically ill. Rumors abound that Mr. Zenawi has left the country for a Belgian hospital – the Saint-Luc University Hospital in Brussels (where he is believed to be receiving treatment for an acute case of hematologic cancer). Some opposition groups have suggested that Mr. Zenawi may have died in hospital. The last time he was seen in public was on the 19th of June. Mr. Zenawi has led Ethiopia since 1991. His record has been a mixed bag of aggressive and ambitious development projects (with results, growth has averaged over 8.4% over the last ten years) and militarism and authoritarian tendencies that have seen many opposition members detained, exiled or killed.

And in Somalia, BloombergBusinessweek reports on the massive corruption in the Transitional Federal Government.

The nearly 200-page report lists numerous examples of money intended for Somalia’s Transitional Federal Government (TFG) going missing, saying that for every $10 received, $7 never made it into state coffers.

The report, written by the U.N. Monitoring Group on Somalia and Eritrea and obtained by The Associated Press Monday, says government revenues aren’t even clear: The Ministry of Finance reported revenues of $72 million in fiscal year 2011, while the accountant general reported revenues of $55 million.

The Somali Government remains an unrepresentative shell, propped up by African Union forces and barely in control anywhere outside of Mogadishu. No elections are in sight (and rightly so. I have never been a fan of rushed post-conflict elections. See Liberia circa 1997 for details), instead the UN and the AU are presiding over a process in which Somali power brokers will put together a list of electors to appoint the next parliament. The current government’s mandate expires the 20th of August (next month).

Zuma may be a one-term president

7 November 2011

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Back when he dislodged Thabo Mbeki South African President Jacob Zuma promised that he would only serve one term. But having tasted the power of the presidency, he now wants a second term. His bid, however, has not been well accepted within the ANC.

Although it is common knowledge that the much-married Zuma wants a second term he has remained equivocal on the issue, at one point saying “I never said I would serve one term and I have never said that I would want two terms”  (The New Age reported on Wednesday, June 8th).

The Africa Confidential reports:

Zuma’s main rivals, Tokyo Sexwale and Deputy President Kgalema Motlanthe, are trying to fix it so that Motlanthe would be a one-term president, Sexwale would be his deputy and Paul Mashatile, Gauteng’s provincial leader and Premier, would be ANC national chairman. They may offer a deputy presidency to Lindiwe Nonceba Sisulu, the Defence Minister and Zuma’s ally. Sisulu and Sexwale, however, do not get along.

An anti-Zuma tirade erupted from the General Secretary of the Congress of SA Trade Unions, Zwelinzima Vavi, who said there is leadership paralysis in the ANC and warned that the country is in danger of ‘imploding’. He criticised Zuma’s ‘doublespeak’ on economic issues.

More on this here.

Links I liked

12 July 2011

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I just discovered Chri’s Blog on Madagascar and other Africa-related issues.

For those with a flavor of finance and capital markets and the political economy of development be sure to read Frontier Markets.

Germany is on the hunt for the UN security council seat in Africa.

And lastly, Justice – Uganda style:

Vice president upsets the president during tenure, president fires vice after election. Former vice gets accused of corruption. President declares former vice innocent, but leaves the matter up to the “independent” Inspectorate of Government. Here’s a quote from the president:

“What I know is that there was a power struggle between Bukenya and some businessmen but I found no merit in the case. But since the Inspectorate of Government is an independent body, let them investigate thoroughly.”

Yeah right.

Malema on trial

30 April 2011

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The video is worth watching. The lawyer cross-examining Malema actually makes the buffoon leader of the ANC youth league seem sane.

The South African land issue is a Zimbabwe waiting to happen. The sooner everyone accepts the truth the better.

Malema’s buffoonery is founded on real grievances about the distribution of productive land in South Africa. The more responsible elements in the ANC and those that benefited from decades of Apartheid disenfranchisement should wake up and smell the rooibos.

ht Eric Mibuari

The Mail & Guardian is reporting that the trial of ANC Youth League leader Julius Malema for hate speech is entering its second week. Malema is charged with hate speech for singing the South African struggle song “Dubul’ibhunu,” which translates to “Shoot the Boer.” Malema maintains that he has the right to sing the song, chanting the controversial lyrics at the courthouse.

This case is interesting because struggle music is a major part of South African culture, particularly black South Africans. The Boers participated in the oppression of black South Africans, even though they maintain that they are ethnically and culturally different from Afrikaners.

more on this here.

Africa needs zuma (to have a coherent foreign policy)

24 March 2011

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This week the Economist rightly called out South African president Jacob Zuma on his country’s lack of a coherent foreign policy. South Africa was reborn in 1994 with the moral authority and international goodwill to be Africa’s shining light in the world. Instead, under Mbeki and now Zuma, the country has squandered all that away.

Mbeki did it with his intransigence against reason on the issue of HIV/AIDS and support of Robert Mugabe in Zimbabwe. Mr. Zuma is doing the same with his support for Mugabe and equivocal pronouncements against other murderous tyrants on the Continent. Since his election he has not spoken strongly against any injustices or electoral fraud on the Continent; this task has been left to Ian Khama, president of tiny but relatively prosperous Botswana.

Sub-Saharan Africa is desperately in need of a regional hegemon to help it chart a coherent path in global politics. Latin America has Brazil. South Asia has India. East Asia has China. Even Europe has Germany. In Africa, Nigeria (pop. 150+m), South Africa (~40m, biggest economy), Ethiopia (85m) and the Democratic Republic of Congo (~70m) – all potential regional leaders – have woefully underperformed.

Nigeria is Nigeria. Ethiopia is dirt poor and needs to clean its own mess, Somalia’s and Eritrea’s, before it can venture further afield. The DRC is struggling to keep itself afloat. South Africa, by far, has the capacity and the requisite soft power to take up the job of regional guiding light. The country is slated to become a BRIC country soon, making the BRICS (Brazil, Russia, India, China and South Africa).

It is a shame that Mr. Zuma has chosen to abdicate his role as the Continental leader. He alone, among the members of the Continent’s club of kleptocratic autocrats (a.k.a AU), has the clout to stand up to the evils we continue to see in Cote d’Ivoire, Darfur, Zimbabwe and elsewhere.