The Economist (December 9)
“Under President Jacob Zuma, the state is failing. Contracts are awarded through bribes and connections; ruling-party members murder each other over lucrative government jobs; crooks operate with impunity.” South Africa’s “people deserve better” than the Zuma corruption or his wife who now seeks to replace him as President. “The rainbow nation still has the potential to be a beacon of prosperity and good governance in Africa, but memories of its hopeful birth are a melancholy counterpoint to its dark present. The best chance for recovering that optimism is a victory for Mr Ramaphosa.”
Tags: Africa, Bribes, Connections; Ruling party, Corruption, Crooks, Failing, Governance, Impunity, Ramaphosa, South Africa, Zuma
Euromoney (June Issue)
The African Development Bank’s 50th Anniversary brought much introspection, but infrastructure is only one problem hindering “meaningful continental integration.” Non-physical barriers present another. “Rules and regulations have not been harmonized within regions. Generally speaking, African countries trade more with Europe than they do with each other; even where roads are good, rent-seeking opportunities widely plague popular trade routes, with officials hoping to benefit from bribes at the expense of their neighbours.”
Tags: African Development Bank, Bribes, Europe, Infrastructure, Integration, Non-physical barriers, Officials, Regions, Regulations, Rent-seeking, Rules, Trade