Politics: Latest News
Dana Sanchez, 2:34 pm
Supporters of the conflict minerals rule say it successfully held manufacturers accountable for the minerals they source from DRC. Its suspension would “enrich abusive thugs” and could lead to the complete repeal of Dodd-Frank regulations, implemented after the 2007-2009 financial crisis to limit risky practices that caused the U.S. banking crisis. However a U.S.association of manufacturers estimates the law costs U.S. businesses $9-to-$16 billion. This led to the suspension plan by Trump, who campaigned on a pro-business platform.
Dana Sanchez, 3:39 pm
Some U.S. journalism professors have been encouraged to incorporate Trevor Noah’s new book, “Born A Crime: Stories From a South African Childhood,” into their classwork. A comedian and host of Comedy Central’s “The Daily Show,” Noah is still finding his voice, one commentator said. He lacks the tenacity, defiance and indignation that made his predecessor, Jon Stewart such a stalwart. But time will treat him well. If cable TV fails Noah, “literature will remain a firm ally.” Noah’s debut book has been described as “extraordinarily heartfelt, compulsively enriching (and) a hell of a memoir.”
Dana Sanchez, 2:29 pm
Prices rose even faster than in December, when inflation was 24.3 percent — the highest since January 2011 when the Arab Spring uprising was at its height. Food prices have gone up more than other goods, rising by 38.6 percent year on year. Tourism, one the main sources of foreign currency, has been hit hard by jihadist insurgency. The number of tourists visiting Egypt in 2016 was 46 percent less than 2015. This decline is attributed to Russian and British flights being suspended following the Metrojet flight crash in the Sinai.
Dana Sanchez, 1:07 pm
Through regulation and legislation, the ANC-led government plans to break up the dominance of some big players in the local market such as media, banks, retail and construction. It plans to introduce new competition laws for “a more inclusive economy” and to “deconcentrate high levels of ownership and control.” This means it will force some sectors to give up their empires — like the so-called “Stellenbosch mafia.”
Opinion: Trump’s ‘America First’ Policy An Opportunity For China To Access AGOA, US Markets By Manufacturing In AfricaBy Dana Sanchez, 9:52 am
The main target of Trump’s America First policy is China, the world’s top industrial exporter. China has positioned itself as the world’s factory. Africa does very little trade with the U.S. and is no threat to U.S. jobs. Because China is Africa’s biggest export market, the America First policy will hurt Africa. The export-oriented China creates wealth by exporting manufactured goods to the U.S. and other Western markets. China can circumvent Trump’s efforts by relocating some of its manufacturing to Africa to take advantage of AGOA and access the U.S. market through Africa.
22 Pioneering Digital Media Projects Getting Paid To Tell Africa’s Stories And Hold Governments AccountableBy Dana Sanchez, 10:08 am AFKI Original
Ideas that solve African problems but have the potential to be adopted globally are attracting investment. A jury that includes Google, World Bank and Ford chose 22 media projects to receive $1M in seed funding. The ideas tackle issues from fake news to frontline war reporting using technology such as bots, drones and sensors to improve journalism in Africa. It’s an experiment with leapfrog technologies, but the real goal is to build real-world solutions to real-world problems that can immediately be scaled by mainstream media.
Dana Sanchez, 3:44 pm
Mohamed Abdullahi “Farmajo” Mohamed spent much of his adult life in Buffalo, New York. He has lived in the U.S. since 1985, sent there with Somalia’s foreign affairs ministry. He earned degrees from the State University of New York, raised a family and worked for the NY state government. But he stayed involved in Somali politics. More than 20 candidates ran in the Somali presidential race. At least 16 have dual citizenship. Nine have U.S. passports, according to a leading private Somali radio station.
Staff, 9:40 pm
Crowdfunding has been steadily gaining traction in Africa over the past decade. There are 57 crowdfunding platforms on the continent — most designed to serve local consumers and support projects in the host country only. Still, crowdfunding in Africa is limited compared to other regions. In 2015, the African crowdfunding market amounted to about $70 million, less than 1 percent of the global market. Investors and African entrepreneurs who use crowdfunding are operating in an unregulated space, at least in most African countries.
Dana Sanchez, 3:36 pm
Out of nine female heads of state and government that Africa has had, only two were elected — Liberia’s Ellen Johnson Sirleaf and Mauritian President Ameenah Gurib-Fakim. The outgoing chairwoman of the African Union Commission, Nkosazana Dlamini-Zuma says Africa needs more female heads of state. She’s considered a front runner in the race for the next South African president. Elections are scheduled for 2019. Promoting women’s rights was the highlight of Dlamini-Zuma’s legacy during her 4.5 years as chairwoman of the African Union Commission.
Dana Sanchez, 11:39 am
Supporters of opposition leader Etienne Tshisekedi have gathered in Kinshasa to mourn the death of a hugely popular figure who has been compared to South African icon Nelson Mandela. Some fear Tshisekedi’s death could have a destabilizing effect in the DRC, a country with a history of foreign intervention, civil war, and leaders who won’t step down. The government has promised Tshisekedi will be buried in state. Tshisekedi’s son Felix has taken on a growing role in opposition politics in the past three years as his father’s health deteriorated.
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