Finance Minister Tito Mboweni in 2019
Image source: Business Live

Upon taking power in a palace coup a year ago, Cyril Ramaphosa’s African National Congress (ANC) government was supposedly going to sweep out the prolific corruptionassociated with the 2009-18 Jacob Zuma ANC regime. But although excruciatingly-slow progress is being made in evicting the most obvious villains, durable Zumite influences remain, and read more

Past construction works on the Kampala-Entebbe, Uganda
Image source: The East African

This article looks at how African countries are amassing unsustainable loans, mostly from China to fund their infrastructural projects. Is Africa turning out to be a remedy for China’s over-accumulation problem by serving as a major locale for a spatio-temporal fix?

Photo source: Zero Hedge

World Bank president Jim Kim is an ex-leftist who claims that in the mid-1990s he wanted to shut down the Bank. At the time, it was an entirely valid, realistic goal of the 50 Years is Enough! Campaign and especially the World Bank Bonds Boycott. Kim’s co-edited read more

Ramaphosa and Zuma

The old guard of South Africa’s ruling party put on new clothes last year, and a new party of the working class finally made its debut.

Image credit: Vanguard News

Estimates demonstrate that, over the last 40 years, Nigeria has been loosing billions of dollars daily to corruption and wastages of the country’s resources. 

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