AFRICANGLOBE – This is a famous quote from Malcolm X. I wonder if this is true today… If it is, I believe the dynamics of his point have changed. When compared to one of his other more familiar quotes, “By any means necessary,” you can see the context for which he was speaking.
AFRICANGLOBE – Despite attempts by the government to get more revenue from the sector, multinational mining companies are still keen on Ghana’s prospects.
Continue reading …AFRICANGLOBE – A faction of a separatist rebel group said on Sunday it was seeking peace talks with the Ethiopian government, a development that could help stabilize a region with potential reserves of oil and gas. The Ogaden National Liberation Front (ONLF) has fought since the mid-1980s for independence for the mainly ethnic Somali province of Ogaden in southeast Ethiopia, bordering lawless Somalia.
Continue reading …AFRICANGLOBE – It has been almost three years since the earthquake that devastated Haiti on Jan. 12 2010. However, despite billions in international aid, hundreds of thousands of Haitian citizens are still left homeless and hungry. Government leaders in charge of spending have been accused of mismanagement, and as it stands now, reconstruction is still a ways off.
Continue reading …AFRICANGLOBE – Do you ever wonder why it takes the average family 47 years to make as much as a hedge fund honcho makes in one HOUR? Does it bother you that in 2010, after the crash, the top 25 hedge fund chiefs made as much as 685,000 teachers who educate 13 million children? Are you worried [...]
Continue reading …AFRICANGLOBE – If unemployment continues South Africa is inviting anarchy, a debate panel heard in Johannesburg on Wednesday night. “We need and our government needs to ensure (poor) people live properly… by allowing them economic participation,” said Lawrence Mavundla, president of the National African Federated Chamber of Commerce and Industry (Nafcoc). He was one of [...]
Continue reading …AFRICANGLOBE – The Federal Government of Nigeria has reinstated its commitment to support growth of the steel industry as Western Metal Products Company Limited (WEMPCO) test ran its new multi-billion naira integrated cold roll steel mill at Magboro, Ogun State, Nigeria. The inauguration of the steel plant will fill in the vaccum that has riddled [...]
Continue reading …AFRICANGLOBE – Swaziland should spend less on King Mswati III and his Royal Family and give the money saved to projects to help the poor, a new report from the International Monetary Fund (IMF) report says. The report believes that it is as vital to address this imbalance between the rich and the poor in [...]
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