Zimbabweans have struggled for years to replace Mugabe with a democratically elected leader. These efforts were dashed by the military. But now that the citizens have given the palace coup far more legitimacy than it deserves, it is even more vital for progressives committed to social justice to redouble grassroots organising and generate clear demands for a democratic post-Mugabe era.
Tagged under Popular Participation & Democratization
Former Finance Minister Pravin Gordhan and super-consultant Iraj Abedian, two solid bourgeouis representatives, have made an unusually passionate case against what is sometimes termed White Monopoly Capital. Thus surprising breakthrough indicates that corporate-state degeneracy is now so extreme, that the truth will out.
Tagged under Global South & Transnational Struggles
Capitalism is bleeding Africa to death: illegal financial flows, legal financial outflows, FDI flows, foreign indebtedness, sub-imperial accumulation, new subsidies for infrastructure financing and uncompensated mineral and oil and gas depletion. The continent is further threatened by land grabs, militarization and climate change. Only rising social resistance can halt and reverse these trends.
Tagged under Global South & Transnational Struggles
The Brazil-Russia-India-China-South Africa summit in Xiamen from September 3-5 is already inscribed with high tension thanks to Sino-Indian border conflicts. But regardless of a welcome new peace deal, centrifugal forces within the fast-whirling world economy threaten to divide the BRICS. South Africa, which plays host to the BRICS in 2018, is already a victim of these trends – even as President Jacob Zuma continues to use the bloc as a primary crutch in his so-called “anti-imperialist” (talk-left walk-right) political survival kit.
Tagged under Global South & Transnational Struggles
As he launched the African Regional Centre of the New Development Bank (NDB) in Johannesburg on Thursday, nearly 18 months behind schedule, South African President Jacob Zuma must have had mixed feelings. Strife-riven Brazil, Russia, India and China are more risky allies than Zuma reckoned when in 2010 he accepted Beijing’s invitation to join the club.
Tagged under Emerging Powers
Last week's World Economic Forum (WEF)-Africa conference in Durban hosted some of the world’s most controversial politicians: not just Jacob Zuma and his finance minister Malusi Gigaba plus regional dictators Robert Mugabe, Yoweri Museveni, King Mswati and Edgar Lungu, but also the most powerful man in Europe, the notoriously-corrupt neoliberal German finance minister, Wolfgang Schäuble.
Tagged under Labour & Political Economy
At a time US and South African presidents Donald Trump and Jacob Zuma personify controversies over crony capitalism, corruption, populist rhetoric and self-serving economic strategies, will big business calm down the politicians – or just egg them on?
Supporters of austerity are happy because South Africa’s junk rating is a good stick with which to whip President Zuma. But his immediate concern is survival, not the economy. Could the current crisis generate a long-overdue era of redistribution, racial justice and radical economic transformation? This was the promise of new Finance Minister Malusi Gigaba last Saturday, April Fool’s Day.
Will the Brazil-Russia-India-China-South Africa (BRICS) bloc ever really challenge the world financial order? The BRICS New Development Bank (NDB) leadership is meeting in New Delhi from 31 March to 2 April with a degree of fanfare unmatched by accomplishments. It is a good moment to assess progress since the BRICS Summit in 2013 when rumour had it that the then host city of Durban would also be the NDB’s home base. (It ended up in Shanghai, launched in 2015.)
Tagged under Popular Participation & Democratization BRICS
South Africa’s two main warring political blocs – the forces of Fiscal Patronage (‘Zuptas!’ in local parlance, referring to the immigrant Gupta family’s curious influence over the president’s family and government) versus the forces of Fiscal Prudence (‘Treasury neoliberals!’ to critics) – are still represented by two men who have begun to stumble on terrain potholed by what a Donald Trump aide terms ‘alternative facts.’
Tagged under Popular Participation & Democratization South Africa
In the US there are already effective Trump boycotts seeking to delegitimise his political agenda. Internationally, protesters will be out wherever he goes. And from Africa, there are sound arguments to play a catalytic role, mainly because the most serious threat to humanity and environment is Trump’s climate change denialism.
Tagged under Popular Participation & Democratization
It is a great period to be a revolutionary activist in Africa. Yet the sense of stop-start progress and regress in so many sites of struggle reflects in part how poorly the working-class, poor, progressive middle class, social movements and other democrats have made alliances. The African uprising against neoliberalism hasn’t yet generated a firm ideology. In this case the best strategy would be a critical yet non-dogmatic engagment with the various emerging forces on the left.
Tagged under Popular Participation & Democratization
Relations among the BRICS member states could destabilise to breaking point this year. While the Brasilia, Moscow and New Delhi regimes are shifting towards Washington, Pretoria and Beijing continue spouting well-worn anti-imperialist rhetoric, just as Donald Trump and his unhappy mix of populists, paleo-conservatives, neo-conservatives and neo-liberals take power on January 20.
Tagged under Global South & Transnational Struggles BRICS, Donald Trump
Major investors were hoping Zuma would fall, but the ruling ANC turned to well-tested strategies to yet again protect him. And although credit rating agencies had offered pessimistic commentary on Zuma’s reign in their most recent statements, they did not downgrade South Africa to junk status. But the whip remains poised above the country’s head, awaiting next June’s ratings.
Tagged under Popular Participation & Democratization
Donald Trump’s ascension to the US Presidency has stunned many across the globe due to his strange views and prejudices. The Conversation Africa business and economy editor Sibonelo Radebe asked Professor Patrick Bond to unpack implications for Africa.
Tagged under Global South & Transnational Struggles
President Zuma has suffered two major legal defeats: a fumbled state attack on Finance Minister Pravin Gordhan which was humiliatingly withdrawn by an incompetent prosecutor following a national outcry, and the release of the Public Protector’s report on the Zuma family’s corrupt relationships. Will enough pressures from below be mobilised to generate non-violent regime change in South Africa?
Tagged under Popular Participation & Democratization South Africa, Zuma
As the leaders of Brazil, Russia, India, China and South Africa meet this weekend for a summit in India, one consistency is observable from all the BRICS elites: A stream of anti-imperialist chatter even when the intent is to assimilate into imperialism. The BRICS’ real agenda is sub-imperialism: five countries’ feet joining those of the US and EU, firmly astride the throats of the world’s poorest people.
Tagged under Global South & Transnational Struggles BRICS
Gates, who is worth $80 billion, specialises in top-down technicist quick-fixes, which often backfire on the economic shooting range of extreme corporate influence and neoliberal policies. On Sunday, Gates will get even richer, in terms of the moral legitimacy bestowed by the Mandela Lecture.
Tagged under Global South & Transnational Struggles Bill Gates, Philanthropy
Last week the South African Reserve Bank Quarterly Bulletin confirmed that foreign corporations are milking the economy, drawing away profits far faster than they are reinvested or than local firms bring home offsetting profits from abroad. Can anything be done to stop the hemorrhaging?
Tagged under Labour & Political Economy Southern Africa
The response to the Brazilian coup shows that the BRICS powers are not a real alternative to US imperialism.
Tagged under Emerging Powers South America BRICS, Imperialism, Brazil
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