Skip to main content

Who?

Al Jazeera had a story on the IMF report I mentioned in my last post.

An excerpt:

"Jakayo Kikweke, president of Tanzania, told those gathered in Dar es Salaam that the economic gains made across the continent in recent years are now under threat due to the global slowdown.

"There are growing worries about the potential effects of the global financial meltdown, coming so soon after the food and oil crisis," he said.

"Only a few years ago the prospects for sub-Saharan Africa seemed so bright; for the first time in two decades the region was growing at the same rate as the rest of the developing world, except China and India," he said.

The IMF's assessment comes a day after the World Bank said that developing countries face a financing gap of $270bn to $700bn this year as trade income dwindles and rich nations vie for capital to deal with the global economic slowdown."

Seen. Except... who is "Jakayo Kikweke"? Pretty sure that ain't my President.

Comments

Popular posts from this blog

Tanzania is not Tasmania

Dear friends: Please let's stop refering to Tanzania as Tasmania. Here is why. Tanzania is located on the coast of East Africa, below Kenya. It is not origin of the the cartoon character from your childhood. Tasmania is an island which is part of Australia. The animal known to exist only on Tasmania is the Tasmanian Devil. Once again, you will see this is not the cartoon character you remember from your childhood. Let's summarize: Tanzania is not Tasmania.

Policy Brief 2: Why is Tanzania Poor?

(Policy Brief # 2 Submitted December 6th 2007, for Econ 346 - Economic Development, Lafayette College) Over the course of the 20th century, Tanzania experienced a multitude of social, political and economic changes. It still remains poor today. The WorldBank classifies a ‘low income country’ – such as Tanzania – as one with a Gross National Income per capita of $905 or less (WorldBank Data 2006). As of 1992, Tanzania ’s per capita income was recorded at $110, and average per capita consumption was $0.5 per day (OECD 2000). Several possible factors have been blamed for contributing to current hardships, such as Julius Nyerere’s failed attempts to collectivize agriculture between 1961 and 1975 through his socialist Ujamaa policies as the first president of Tanzania (Pratt 1980). While pre-independence plans “focused on the commercialization of agriculture and the creation of industries that could reduce the need for a variety of imports”, post-independence interventions by the Gov

Wake Up Routine

What's that unearthly sound? Turn off the alarm. Snoozing is dope. Shit, I have to get to work. What time is it? Let's have some water.  Let's stand outside for a minute. Send out today's assignments. How is my family? Has mum had her meds and breakfast? Where's my chai? Do I need a car today? Are there any fires burning? Who is that calling, I just got here! OK, let's start the day.