Category: News

Guinea: Why Reconciliation Is Crucial

On June 29, 2016, the Provisional National Commission on Reconciliation (CPRN) co-chaired by Guinea’s highest religious figures submitted its long awaited final report to President Alpha Condé. The report was the conclusion of a process that started on August 2011, when the president mandated the commission to listen to as many ordinary citizens and opinion leaders alike on how best to reconcile Guineans.

The country has had a tumultuous history since it gained independence in 1958 and political instability and violence during the 2010 presidential election further weakened national unity and deepened ethnic mistrust.

CPRN hired an international independent cabinet to conduct a thorough study on the kind of transitional justice mechanisms to set up for a successful national reconciliation procedure. The 300 page long report covers crimes and human rights violations committed from independence to 2015 of which the notorious are the gulag of Camp Boiro, the July 1985 events known as “Coup Diarra Traoré”, and the event of September 28, 2009 which has drawn attention from the International Criminal Court.

The report also focused the discussions on the search for truth, justice, reparation and rehabilitation, institutional reforms, and the future of Guinea and it made dozens of recommendations on how best to reconcile Guineans including the creation of a Truth, Justice, and Reconciliation Commission.

The Findings

The results of the study are interesting in many ways but not really surprising for who knows the traditional, cultural, and sociological landscape of the country. The report found that Guineans are overwhelmingly for reconciliation. Not only they are for it, they are also willing to forgive and look forward to a future living together in peace and harmony whereas seeing their differences as an asset rather than a source of division and/or tension.

However, the study shows that 75 percent of the respondents think that suspected perpetrators must be brought to justice.The majority of the respondents demand the right to justice and for the prosecution of suspected perpetrators of atrocities. As regards reparations, 62 percent demand compensation, 54 percent the return of property confiscated, 47 percent demand a public apology, 58 percent request perpetrators to ask for forgiveness, and another 51 percent want an apology from the State.

Looking forward, the majority of Guineans are confident about the country’s future, however, they think reforms at institutional levels must be taken to combat “ethnocentrism and reconcile all ethnic groups”. On the role of ethnicity in politics, almost 89 percent think politicians are using their ethnic groups for political purposes, thus it is not surprising that 68 percent of Guineans indicate that ethnicity has become a divisive factor. Notwithstanding these numbers, a thin majority (51 percent) of those consulted say that different ethnic groups live together peacefully.

The Recommendations

The Commission made 22 recommendations one of which being to institute through legislation a Truth, Justice, and Reconciliation Commission which will continue the work started by CPRN namely implementing its recommendations.

On the need to render justice, the Commission recommends that exemplary sanctions be taken against judicial actors who violate the laws and that the criminal justice system be strengthened to restore confidence between citizens and the judiciary. When it comes to reparations, CPNR advices urgent actions to be taken for the victims whose situation of vulnerability is documented and requires medical and psychological care and as far as long term reparations, it advises on a program that will take into account individual, collective, material and symbolic reparations.

Other recommendations include instituting September 28 of each year as a Day of Remembrance and Forgiveness, the search for missing persons and bodies of those killed, the identification of mass graves, an official public apology from the State including recognition of the facts and acceptance of its responsibility, judicial reforms, restoration of victims in their rights, and a guaranty of non-repetition.

The President’s Speech

While I agree with many journalists and commentators who commented about the fact that the President missed the opportunity to show a strong symbolic act of reconciliation when he left the room without shaking the hand of his opponent and main challenger during the last two presidential elections, I think that the President was by and large conciliatory.

In his speech during the ceremony, the President highlighted some issues in his view that would make the process run on a steep slope. Those following news from Guinea, know how much the president’s opinion counts on the life of the country in general and his support and buy-in for any program is crucial for it to succeed. Therefore, brainstorming on ways to address his worries could only contribute to advance the pace of the process.

For instance, the president said that reconciliation is difficult because “many of the victims are also perpetrators”. Though I agree with him on the face of his statement, this element should not however be used as an excuse for inaction. It happened that during the regime of Sekou Touré (1958 – 1984) public figures who were seen as executioners at the sinister Camp Boiro ended up themselves in the same concentration camp.

Cote d’Ivoire: Taking Shea From Cottage Industry to Big Business

Khorhogo — From cosmetics to cooking, shea butter is popular around the world. It is made from the nut of the shea tree, known as “women’s gold” in Africa for it provides income to millions of women across the Sahel. In northern Ivory Coast, women are trying to transform shea butter from a cottage industry into big business.

It’s harvest season for karité, or shea, in northern Ivory Coast, and just like every year, Alice Koné picks up the fallen fruit. She processes the kernels in the traditional way her grandmother taught her.

It will take her hours of hard work to make the shea butter that will then be sold at the local market.

“Sometimes, shea butter pays well and we don’t need anything else. But when the harvest isn’t good, we have to get by with other products,” said Koné.

Like Koné, most women in the shea industry in Ivory Coast work independently and sell locally.

But shea butter is in high demand internationally for use in cosmetics or as a substitute for cocoa butter in chocolate.

Neighboring Burkina Faso and Ghana are among the world’s leading exporters. Burkina Faso earns an estimated $33 million annually exporting shea.

Ivory Coast is trying to catch up.

In one village, women have teamed up in a shea co-op.

“When you work in group, there are a lot of ideas, and also financial backers can come help us. We have received some assistance, a funding capital, they built us a warehouse. If you work alone, people can’t help you. They can’t build a warehouse for every woman,” said Ahoua Coulibaly, a shea butter producer.

In some fields in the area a new kind of shea tree is also being planted.  This kind is more productive than the traditional wild type. And the country now has two mechanical processing units. Two years ago, the government began working to structure the shea sector, an effort spearheaded by Ali Keita.

“As soon as we have a strong cooperative structure, we will have clients in China, Europe and the United States. If we manage to create an inter-professional organization, it will allow the country to export shea butter internationally,” said Keita.

Keita is also pushing for more regional cooperation among shea butter-producing countries.

Gambia: Govt, FAO Ink U.S.$ 3.1 Million Community-Based Forestry Management Project

The Ministry of Environment and the United Nations Food and Agriculture Organisation (FAO) on Thursday signed a US$3.1 million community-based sustainable dry land forestry management project.

The project will be implemented in 82 communities in the North Bank, Central River, Upper River and Lower River regions. It is aimed at addressing the underlying needs of degradation of dry land forest such as unsustainable and uncontrolled resource extraction, forest fire, increased population pressure and lack of adequate socioeconomic/livelihood opportunities.

The five-year project, 2016-2021, is mainly funded by the Global Environment Facility and co-financed by the FAO, The Gambia Government, the Agency for the Development of Women & Children (ADWAC), and the Department of Forestry.

Speaking at the event, FAO Country Representative Dr. Perpetua Katepa-Kalala, said the specific objective of the project is to reduce forest degradation in The Gambia. “The project will work towards strengthening policy and institutional capacity for sustainable dry land forest management, community based sustainable dry land forest management and rehabilitation and project monitoring and evaluation and information dissemination,” she said, noting that desertification and land degradation are major environmental issues faced by The Gambia.

She acknowledged that at the beginning of the twentieth century, most of the Gambian territory was still covered by dense forest. “By 2010, the forest cover was about 44% of the total land area of which 1.1% was closed forest and nearly 70% degraded.” She stated that this is a major threat to poverty reduction, eradication of hunger and continued development of affected communities, especially in the northern part of the country.

The Minister of Environment, Hon. Pa Ousman Jarju, said government is doing all efforts in the fight against climate change. He said the overall objective is to halt environmental degradation and the growing threat of desertification in The Gambia as a result of continued deforestation, through empowering communities with the legal security, skills and the knowledge necessary to sustainably manage their natural resources and conserve the remaining biodiversity.

Eritrea Festival 2016 in Progress

President Isaias officially opens the Festival

President Isaias Afwerki officially opened the Eritrean National Festival 2016 last Saturday at the Expo Grounds here in the capital.

The annual event is being conducted under the theme “Festival: The Foundation of Unity and Diversity”.

Present at the opening ceremony were Government and PFDJ officials, heads of National Unions and members of the Diplomatic Corp. The President observed the different sections of the Festival during which he received briefings.

In the course of the Festival that will continue until the 14th of August, a number of displays highlighting the nation’s natural and cultural resources, pavilions that reflect our cultural diversity, artistic performances, creative works and innovations as well as exhibitions of different products would be featured.

In connection with the launching of the Festival, cultural performances including music and dramas were staged at Cinema Roma on August 5.

A number of participants of the Festival from inside the country and abroad indicated that it creates a platform for appreciating Eritrea’s cultural diversity and history and

thus transfer Eritrean values to future generations.

Also in related news, the mining companies operating in Eritrea are displaying their activities at Eritrea Festival 2016.

The Head of Zara Mining Company, Mr. Yosief Taddese stated that before beginning production, the company has been engaged for 14 years in exploration activities and for 2 years putting in place the necessary infrastructure.

He further indicated that the company equipped with international standard equipment has begun production as of February 2015.

Meanwhile, visitors to the Festival said that the different artistic exhibitions depict the identity and culture of the Eritrean people which has added color to the national gathering.

In another report, women nationals who are displaying products of artifacts organized by the National Union of Eritrean Youth and Students (NUEYS) branch in the Central region said that the materials for their products are all obtained form inside the country.

Egypt Plays Pivotal Role in the Region – Yemeni PM

Cairo — Yemen Prime Minister Ahmed Obaid Bin Dagher underlined Egypt’s pivotal role and status in the region during his visit to Cairo on Sunday.

The Yemeni prime minister arrived in Cairo for bilateral talks with his Egyptian counterpart Sherif Ismail.

According to a statement by Egypt’s cabinet, a meeting is scheduled to take place, where the two prime ministers will discuss means for boosting bilateral ties between the two Arab countries.

Bin Dagher said the visit holds great importance due to the development of events in his country as well as the whole region, according to state-run MENA news agency.

He added that he’ll inform Egypt’s President Abdel Fattah al-Sisi about the latest developments regarding the crisis in Yemen and will deliver him a message from Yemen President Abd-Rabbo Mansour Hadi.

“We are keen to discuss ways of activating relations with the Egyptian government through holding talks with Prime Minister Sherif Ismail and working on developing joint cooperation in all fields to serve the strategic interests of both countries,” Bin Dagher added.

Egypt is a member of the Saudi-led military coalition that intervened in Yemen in 2015 in support of the country’s government against a Houthi rebel group.

Africa’s Data Future – Telecoms Regulators Need to Innovate to Get Lower Internet Access Costs

London — Africa’s data and Internet communications infrastructure has improved so much in the last decade that it’s easy to become complacent. The dual challenges of price and quality of service have not been overcome.

African regulators have never been good at imagining the future and with all the improvements they seem to have taken their eye off the ball. Russell Southwood looks at why things are stuck and what might get them moving again.

Africa’s transition to data is crucial for the next round of investment in the continent. The existence of relatively cheap Internet access and the services and content it brings with it are needed to power a second wave of economic growth.

The challenge of all challenges is that the operators in Africa’s Internet market need to be able to deliver cheaper data access than elsewhere because most Africans do not earn US or European salaries. Getting Internet access prices to US or European levels is not enough, they have to go lower.

Sub-Saharan Africa has countries that are amongst the most expensive places to operate in. So whoever Africa’s operators are or will be, they have to become pioneers in lowering the costs of both building and operating data infrastructure. Government and regulators need to understand the scale of this challenge and help operators become cost-cutting pioneers.

African regulators are not currently in a good place to make this happen. In the main, mobile operators have taken over as the market incumbents and are no longer forcing the pace of change but largely simply reacting to what’s happening elsewhere. The need for an effective, large capacity data network seems to have caught many of them off-balance.

African regulators who have pursued the opening of African telecoms markets have been slow to react to changed market circumstances. In many cases, even what were once quite competitive markets are now stuck. A brief summary of some of the difficulties may be helpful:

* Dominant Players:

A number of Africa’s telecoms markets are now dominated by a single player. Sometimes efforts have been made to declare them dominant players in regulatory terms but these have largely been ineffective. These dominant players have operated skillfully as price progressives (lowering tariffs) and in so doing have cemented their market position.

In Kenya, Safaricom has such an unassailable and central position that whatever anybody does, it usually ends up benefitting. If you need a telecoms or network partner, why bother with those who have less than 30% of the market? The recent Kenya Power partnership deal on Fibre-To-The-Home will reinforce its position in yet another market niche.

In Senegal, Sonatel is testing Free-Wi in Rufisque. Free Wi-Fi is undoubtedly a good thing but who’s paying? And this in a country where there are no independent Internet service providers, no alternative fibre providers and its two mobile competitors struggle to make it anything like a fair, competitive fight.

And then there’s MTN in Nigeria who for all their recent troubles, occupy the commanding heights of the country’s telecoms and data markets… ..Others could be added to list.

* Old school stuck:

Some of Africa’s regulators have simply not got off the blocks in terms of creating a competitive market. In these countries the dominant player is usually a decaying state-owned telco with about as much appetite for innovation as a sleeping dog. The Governments in these countries have chosen to foster an inefficient job creation scheme over being able to offer cheaper Internet and a more efficient economy.

The country that heads this category must surely be Ethiopia where the absence of any competition means that the market is probably about a third smaller than it might otherwise be. The State lacks the capital to make these financially leaky dinosaurs effective. But in this long list of countries, we must include places like Djibouti, Togo and Cameroon.

Take Cameroon where the Government has ensured that it has ownership of all the landing stations and its telco Camtel has a de facto monopoly over wholesale bandwidth. And all of these dilapidated incumbents who are without strategy, innovation or ideas want to be mobile operators.

* Last man standing “consolidation”:

More conventional industry analysts are keen on seeing “consolidation” as one answer to current problems. To be fair to their argument, Africa has more operators than many other places globally.

But what does consolidation mean? There will be less operators (two per country?) and their market power will be even greater. The last man standing theory is that if you are one of the lucky surviving operators you will then be able to hike your prices back to the level they were when the markets first opened.

With Airtel selling off some of its smaller opcos to Orange, the full scale of this is not immediately apparent. But what if this was really just the start of Bharti Airtel’s long goodbye to Africa? Consolidation will inevitably happen but then how do regulators ensure that markets maintain a competitive dynamic?

* No technical or business model innovation:

Many African regulators were admirably quick to allow TV White Spaces Pilots. All of these worked at a technical level and offered independent operators wanting to deliver Internet more widely distinct advantages. But with one exception, not a single African regulator has licensed an operator to use TV White Spaces.

So whilst Africa has a massively improved network infrastructure many of same market blockages remain. What follows is a list of things that might be done by African regulators to achieve two things: firstly, to help existing operators improve their cost base; and secondly, to encourage new market players to invest in business models that will offer cheaper operating costs:

– Open up competition in the wholesale space by licensing alternative fibre providers

There are still African countries where there are public utilities (railways, water, oil and electricity companies). Competition and price levels in the wholesale market for those countries that have state incumbents will be greatly improved by these entities offering their surplus fibre capacity.

In addition, there are independent wholesale fibre providers (Liquid Telecom, Phase3, FibreCo) who are operating fibre networks that provide competition to existing providers. These kinds of third party fibre providers can be encouraged by offering licences for them to invest.

– Take a leaf out of the Project Link book and open up licences for metronet providers

Google’s Project Link has demonstrated that it’s possible to create a metronet fibre provider that can both offer better prices and invest in metronet fibre that is more open access. Regulators need to learn lessons from its experiences in Uganda and Ghana and look out how they might encourage this kind of entity in their own country.

– Encourage the sale of dark fibre by all market players to make maximum use of fibre assets available

In many countries, there is no shortage of fibre but prices remain unrealistically high. Regulators need to insist that all operators with wholesale fibre make a dark fibre offer. Where there is only one operator, prices will need to be controlled by the regulator. These dark fibre prices can be benchmarked against the more competitive markets across the continent.

– Making it easier and quicker to build fibre infrastructure

African regulators and Governments need to ensure that the sale and administration of rights of way are dealt with by a single agency and that local administrations understand that getting fibre networks built is of national strategic importance, not another source of tax income.

Existing and planned ducts should all be available on a shared basis so that several operators can make use of a single physical infrastructure element. Building fibre ducts should be a mandated part of all major road or rail projects.

– Taxes – Stop taxing Internet access devices (smartphones, tablets and laptops)

On the tax front, some African countries have removed import taxes from handsets. All countries should do this and include tablets and laptops in the same exemption. As the cheaper smartphones now in the market have shown, getting the cost of devices down does increase number of devices sold.

– Licence power distributors who will supply power to any base station operator to lower operating costs

Companies should be licensed to distribute electricity to anyone operating a base station or tower. Facilitating reliable electrical power to base stations will improve quality of service levels and lower energy costs for operators.

– Encourage innovation in both technologies and business models

Regulators and governments need to actively encourage innovation that will lower operating costs and in so doing lower the final price of Internet access to users. This encouragement needs to focus on two areas: firstly, they need to encourage the roll-out of innovative technologies that will help change capital and operating costs. Secondly, they need to license companies or organizations offering new business models that will do the same.

In technology terms, there is everything from near technologies (already operating) like TV White Spaces and Millimetre Band to future technologies like lasers and drones. A few weeks ago Facebook announced its OpenCellular project, the equivalent of a network in a box. African regulators should be running pilots of technologies like this with the clearly announced intention of licensing operators to use it at the end of a pilot period.

In terms of new business models, regulators should be encouraging any one of a growing list of companies (including Argon, Mawingu, Vanu and Virural) to start rolling out to uncovered rural areas. Some of these new licensees could work directly with mobile operators whereas others could work independently. But each of these categories of licensees would provide coverage (voice and data) for those areas currently uncovered. Closer to the core, regulators need to find operators who will provide investment in the latest VoLTE technology or any other IP-based voice technology.

African regulators and Government need to start searching out those who can deliver innovations of these kinds and put out the welcome mat for them. If they do so, Africa may yet become a pioneering continent in terms of cheaper Internet access.

Africa: Kagame Attends Swearing in Ceremony for Chadian President

President Paul Kagame, yesterday, attended the swearing in ceremony of his Chadian counterpart Idriss Deby Itno.

In the capital N’Djamena, President Kagame was received by the Chadian Prime Minister, Albert Pahimi Padacké, according to a statement from presidency.

Taking place at the Grand Hotel N’Djamena, the ceremony was attended by over 15 Heads of State and Government from, among othrs, Uganda, Mali, Mauritania, Central African Republic, DR Congo, Sudan, Burkina Faso, Benin, Niger, Nigeria and Equatorial Guinea.

The swearing in ceremony consisted of a 21 gun salute, after which President Idriss Deby Itno took oath of office and was awarded the National Order of merit.

President Deby won the April elections with 62 per cent of the vote.

In his speech, President Deby vowed to use his term in office to ensure the prosperity of Chad and urged Africans to unite and work together to ensure the development of the continent.

On his first visit to Chad, President Kagame used the African Passport launched at the African Union Summit in July in Kigali.

Tanzania: Mwatex, Fish Factories for Revival

Mwanza — President John Magufuli has said the government eyes revamping fish processing factories and Mwanza Textile Mill to create employment for the skilled but idle workforce and boost socio-economic development.

Dr Magufuli, who ended his two-day tour of Mwanza Region yesterday, addressed thousands of residents here saying deliberate strategies are in place for Mwanza to be a true business hub as envisaged.

He said for the government to work on envisaged development, “ambitious discipline was crucial”, calling on all the leaders to be accountable to public properties.

He ordered the “immediate arrest of all thieves who swindled properties of the Nyanza Cooperative Union (NCU)” and tasked security organs and other responsible units to make sure NCU assets were returned back.

On industrialisation, Dr Magufuli said Mwanza was poised to realise the agenda, citing the potential in textile and fish industries. “We have to make sure that we regain our lost glory in industrialisation and revamp our Mwatex and 11 fish factories that were almost dead.

We can surely do it,” he stressed. He declared war on illegal fishing and ordered the confiscation of the trucks transporting them since entertaining the practice was “poisonous to massive fish production and fish processing factories”.

If the malpractice is properly contained, fish production was likely to triple in just three months and create employment, he noted.

Dr Magufuli also ordered the shelving of plans to move petty traders out of the city centre, pointing out that they also deserved equal chances to make money and challenged the local authorities to chart best ways of distributing them to potential business areas.

However, he warned against the tendency of petty traders selling items from businessmen who are not paying statutory revenues, saying such kind of trading should stop immediately. He said while he will be advocating for the fair deal in their activities, petty traders should be loyal and demand receipts once they buy items from the wholesellers.

Dr Magufuli suggested the establishment of a one-stop day centre for public shopping in the city centre or allocation of a special street for petty traders.

He issued three months to the City Fathers to work out on the sugges- tions and act accordingly. On Mwanza Airport, the president or- dered the contractor to resume work anytime this week while the government was processing his payments.

The completion of the airport was crucial to the economy of the region and the entire Lake Zone since it will attract many businesses through tourism and other economic avenues. A n o t h e r tough action was announced against suppliers of fake cotton seeds who used to cheat at the expense of poor farmers asking for the organs to deal with them as well.

He expressed his appreciation over “the impressive implementation of the construction of a pedestrian flyover at Furahisha area as well as construction of 2.8km road from Furahisha to the Airport”. “This project is proceeding very well and I would like to see this road heading straight to the airport instead of ending at Pasiansi as earlier planned.

I will make sure funds are available for the additional work,” he pledged. The president also pleaded for the maintenance of peace in the country, asking political parties to put cheap politics aside and join him to build the nation.

He said it was sinful to disrupt peace on the pretext of democracy, insisting that true democracy must be exercised only when people have something to eat.

East Africa: Brexit – Important Lessons to East Africa Overlooked

Britons’ pull out of European Union has been extensively covered all over the world, more so, in East Africa, a region whose three founder members Britain colonised, and four of its member countries are affiliated to the Commonwealth.

While the leave campaigners in the UK’s referendum accused the “remain” camp of overplaying the repercussions of BREXIT, media houses in the EA region, confined their reports on the engines of globalisation-finance, technology trade, treaties, education, travelling and staying in the UK, underplaying as to why the British want to retain their say as a nation.

At the centre of the referendum was mounting pressure within Conservative MPs and in the UK Independence Party (UKIP) who have been arguing that Britain has lost its say as a nation since 1975, when it voted to stay in the EU in a prior referendum.

“The EU has changed a lot since then, gaining control over our daily lives,” the British MPs kept on hammering the message in the Assembly, prompting the out gone Prime Minister David Cameroon to say: “It is time for the Britons to have their say.”

Mr Cameroon had promised to conduct a referendum over EU membership, he walked his talk and went a step ahead, to commit a political suicide, by resigning over the results – when England voted strongly for BREXIT, defeating his “remain” campaign.

The BREXIT episode sends several clear messages to our region; that, even most powerful countries such as Britain, would not close their eyes when their sovereignty is being encroached through regional groupings and other affiliations and that good leaders should adhere to political principles they believe, conquering temptations to remain in power.

Lastly, is an underlying conflict between ‘Realists’ and ‘Liberals’ globalisations’ accounts. One of fallacies in international relations is that nations are supposed to have ‘equal- sovereignty’ powers, irrespective of their economic and military capabilities.

However, the interaction between small and weak nations and super powers and emerging economies, on the other side, defies the principle of equity- sovereignty.

Though no reference is made to a historical massprotest against IMF in Tanzania almost two decades prior to the widely-known Battle for Seattle of anti-globalists in November 1999, the fact is that the cradle of protest against encroachment of sovereignty started in Tanzania, 34 years ago.

The first Tanzanian President, the late Mwalimu Julius Nyerere, in 1980s refused to sign-in harsh conditions imposed by IMF and loudly cried, “Since when, IMF is an International Monetary Police?” During the cold war in 1970s, Tanzania became a Frontline-State, coordinating liberation struggles in Southern African countries by then under foreign domination; South Africa, Mozambique, Angola, Zimbabwe and Namibia through military training and logistical support from the then rival Eastern Bloc countries of former USSR, East Germany, Cuba, Czechoslovakia, China, Hungary and North Korea.

Apparently, the role played by Tanzania as a Frontline state and its increasing political influence in various international forums, is reported to have irked countries in the other side of the Cold War. In 1970s Tanzania had about 50 foreign donors, rendering support to the EA country.

The country made significant progress in social services; free education, free health services, life expectancy, with mortality rate of under- five falling as 90 percent of school age children were by then schooling.

However, in 1982, IMF came with a mission to change the Tanzanian statecontrolled economy, by making a sharp devaluation of a Shilling ( The British declined to replace a Pound with Euros), privatisation of state industries, liberation of import and exports and reduction of civil servants.

Tanzania demonstrators who took to streets to protest against IMF conditionalities, marked a precedence of ordinary folks in a developing country, defending their sovereignty against globalising corporate.

In actual fact, the unpublicised demonstrations, took place almost two decades before the World Trade Organisations (WTO) protests in Seattle, which ushered-in, a series of protests against ‘unaccountable and undemocratic’ corporate organisations, in Washington, Lima, Prague and elsewhere.

Writing on global political economy, British author: Michael Nicholson, says; unlike the general process of globalisation, this aspect of the reduction of sovereignty was designed, and the IMF is an institution created explicitly with balance of payments as its primary task.

It is intended to reduce sovereignty and it is inappropriate to criticise IMF for doing this”. The Breton Wood Institutions and WTO belong to a myriad of many other international organisations and legal instruments, which in depriving-off, the sovereignty rights of most of Third World states, are termed by a British writer; Mr John Pliger, the ‘The new rulers of the World.

Mozambique: Banks Urged To Have Presence in All Districts By 2019

President Filipe Nyusi has urged Mozambique’s financial institutions to expand their services so that all of the country’s 152 districts have at least one bank branch by 2019.

President Nyusi was speaking on Tuesday at the opening ceremony of the Financial Inclusion Fair in the city of Maxixe during the first day of his tour of the southern province of Inhambane.

This was not just a rhetorical demand. On the same day, four major commercial banks, Millennium BIM, BCI, Moza Banco, and Nosso Banco signed contracts with the Rural Development Fund, under which the government commits itself to create the facilities for the physical presence of banks.

The President lamented that although the number of financial institutions operating in Mozambique had increased from 12 to 18 over recent years, only 81 districts have bank branches. As a result, he continued, about ninety per cent of Mozambicans do not hold a bank account, with only three per cent of the population having access to credit.

According to the President, expanding rural banking is a government strategy to promote sustainable development through supplying financial services to local economic operators, employees, and the general public. He added that the initiative also aims to save people’s time as “about a third of the population still spends up to a whole day travelling to the bank”.

President Nyusi stressed the particular importance of banking services such as credit for small-scale farmers and for micro, small, and medium-sized businesses.

He also pointed to the importance of educating people about finance to enable them to understand the information provided by banks. This would allow people to choose the right products for their individual needs.

On Wednesday, the President visits the district of Funhalouro whilst on Thursday he will travel to Vilankulo and Inhassoro.

Accompanying the President on his three-day tour of the province are the Minister of the Interior, Jaime Monteiro; Minister of State Administration, Carmelita Namashalua; Minister of the Sea, Inland Waters and Fisheries, Agostinho Mondlane; Minister of Youth and Sport, Alberto Nkutumula; Minister of Public Works, Carlos Bonete; Minister for Veterans’ Affairs, Eusebio Lambo; and staff from the President’s office.