Next G20 Meeting in Africa?

Photos:One.org The ONE orga­ni­za­tion, a grass­roots cam­paign orga­ni­za­tion against extreme pover­ty and pre­ventable dis­eases, is ask­ing lead­ers of the G20 nations, now meet­ing in Pitts­burg, to hold the next G20 sum­mit in Africa. Today, the orga­ni­za­tion sent out an email ask­ing every­one to take action and pres­sure these lead­ers to hold the next G20 meeting…

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Global financial crisis may slow growth in poor nations

U.S. Pres­i­dent Barack Oba­ma has called it “the worst finan­cial cri­sis in our life time.” You can call any­thing you like; the cri­sis of a gen­er­a­tion, the trick­­le-down effects of the sub-prime mort­gage lend­ing mess, or what­ev­er, but the glob­al finan­cial cri­sis is hit­ting not only the Unit­ed States but all coun­tries around the world. It may…

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No Rest for the Weary in Zimbabwe

In yet anoth­er set­back to bring­ing last­ing peace to Zim­bab­we, Reuters News Ser­vice report­ed Mon­day that there is a dead­lock in nego­ti­a­tions between the rul­ing ZANU PF par­ty and the oppo­si­tion Move­ment for Demo­c­ra­t­ic Change(MDC) on the terms of imple­men­ta­tion of the Sep­tem­ber 2008 pow­er-shar­ing agree­ment. Both sides are cur­rent­ly at a region­al sum­mit to…

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Hope not lost in Zimbabwe

The inter­est­ing news being report­ed by from Bloomberg News is that belea­guered Zim­bab­wean Pres­i­dent Robert Mugabe has agreed to a con­sti­tu­tion­al amend­ment that will cre­ate the posts of a prime min­is­ter and two deputy prime min­is­ters in Zim­bab­we. The plan is that Move­ment for Demo­c­ra­t­ic Change(MDC) leader Mor­gan Tsvan­gi­rai will  become prime min­is­ter, if current…

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What is the impact of the financial crisis on African economies?

    If we can for­get about the doom and gloom cre­at­ed by the world finan­cial cri­sis for a moment and look at his­to­ry, econ­o­mists tell us that the crash of the stock mar­ket and fears of a reces­sion or depres­sion is noth­ing new. By the way, some of us can bare­ly remem­ber the crash of…

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