Nonetheless, reports the Mail & Guardian, the decision may prove unlikely to stop him from being elected.
Showing posts with label south africa. Show all posts
Showing posts with label south africa. Show all posts
Monday, January 12, 2009
Zuma
The South African Supreme Court overturned a previous ruling dismissing ANC leader Jacob Zuma of graft charges today. This comes just months before elections in that country which Zuma declared he would be running in.
Thursday, January 8, 2009
Failed State Blues
With unemployment near 80% and an inflation rate a surreal 231,000,000% (!!), Zimbabwe has unofficially dollarised, that is, taken a foreign currency as its de facto currency. Citizens have abandoned the Zimbabwean currency and are widely using U.S. and South African currencies to make everyday purchases.
The government refuses to acknowledge the extent of the problem, claiming their own currency as still the law of the land. Some say that dollarisation is a bigger threat to sovereignty than re-colonization given how important money is to a nation's identity.
To make it official would require an okay by the U.S., which is unlikely. Zimbabwe is in talks with South Africa to help extend their currency, the rand, into the area and save the economy.
One of South Africa's negotiating demands is that Mugabe agree to a legit power-sharing deal, which has as yet proved futile. I suggest they refuse to prop up the economy unless Mugabe unequivocally steps down.
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