Just in:
Prince Holding Group’s Chen Zhi Scholarship Clinches Silver Stevie for CSR Excellence at Asia-Pacific Stevie Awards // Dubai Gears Up for Second FinTech Summit as Funding Surges // CBN Targets User Accounts // NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally // Quality HealthCare Partners with eHealth to Enhance Patient Treatment Efficiency // ESG Achievement Awards 2023/2024 is Open for Application, Celebrating Innovative Sustainable Practices and Responsible Risk Management // Election Commission Has A Dismal Record On Acting Against Modi’s Breaches Of Poll Code // Lai & Turner Law Firm PLLC Welcomes Eric Strocen as Director of Family Law Division // DIFC Courts Cement Role as Top English Dispute Resolution Choice // Hong Kong Unveils April 30 Launch for Landmark Crypto ETFs // Lee Chong Wei Shows Up On Chinese Hot cultural Talk Show “SHEDE Wisdom Talents”, Talking About “Crossing The Hill” // UAE Scrutinizes Report on Racial Discrimination Treaty // Central Bank of Nigeria Debunks Rumors of Crypto Account Freeze // New Dynamics in Cryptocurrency Security: ZUHYX Builds the Strongest Fund Protection System // Astana International Exchange Connects with Regional Markets Through Tabadul Hub // Etihad Airways Announces Paris Service with A380 // ZUHYX Exchange: Embracing Social Responsibility for a Sustainable Future // AVPN Charts Path Forward at 2024 Global Conference // UAE President, Spanish Prime Minister Hold Phone Talks // Booming Region Fuels Innovation Surge //

This Week in Markets and Democracy: Zuma’s Corruption Woes, DRC Sanctions, Afrobarometer Report

1480452535 Zuma protest cropped


by
Shannon K. O’Neil
November 4, 2016

ADVERTISEMENT
DATE IMPORTED:November 02, 2016Protestors call for the removal of President Jacob Zuma outside court in Pretoria, South Africa, November 2, 2016 (Reuters/Mike Hutchings).
DATE IMPORTED:November 02, 2016Protestors call for the removal of President Jacob Zuma outside court in Pretoria, South Africa, November 2, 2016 (Reuters/Mike Hutchings).

Report May Bring Down South Africa’s President
New allegations may finally bring down teflon president Jacob Zuma. Despite his earlier legal protests, South Africa’s public protector’s office released a report suggesting that a wealthy family close to the president influenced government hires and used their ties to promote their private interests. It recommends opening a criminal investigation, a prelude to impeachment proceedings. While the African National Congress (ANC) party backed Zuma during a previous impeachment vote over the use of $16 million in state funds to renovate his private home, these new allegations are hurting him within his party. Already Zuma faces a no-confidence vote in parliament next week, and some ANC members are joining religious leaders, thousands of protestors, and forty South African CEOs in calling for his resignation.

Going After Kleptocrats to Protect DRC’s Democracy
As Democratic Republic of Congo (DRC) President Joseph Kabila clings to power, delaying elections even though his second and last term expires next month, the United States is pushing back. The Treasury Department already imposed financial sanctions on two top security officers who helped lead a violent crackdown against antigovernment protestors, opposition supporters, and the media. Now members of Congress want the White House to go after assets and ill-gotten gains of Kabila cronies. They hope President Obama will take actions similar to those against senior Venezuelan officials last year, imposing targeted economic sanctions on those who committed human rights abuses, undermined democracy, or were involved in public corruption.

Africans Like China’s Growing Presence
Africans across thirty-six nations view China’s involvement and investment—and the explosion in trade from $10 billion in 2000 to nearly $300 billion in 2015—in their countries favorably. A new Afrobarometer survey finds 63 percent rate Chinese economic and political influence as “somewhat” or “very” positive. China’s state-driven economic model now ranks second only to the United States as the preferred means for development. This suggests Africans focus more on the infrastructure, business, and cheap goods Chinese investment brings, and less on democracy and human rights concerns.

Post a Comment

CFR seeks to foster civil and informed discussion of foreign policy issues. Opinions expressed on CFR blogs are solely those of the author or commenter, not of CFR, which takes no institutional positions. All comments must abide by CFR’s guidelines and will be moderated prior to posting.

Source link

ADVERTISEMENT

ADVERTISEMENT
Just in:
Lai & Turner Law Firm PLLC Welcomes Eric Strocen as Director of Family Law Division // NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally // Cobb’s Game-Changer: Introducing One-Stop Event Transport Management Solution // Ministry of Agriculture Supports Taiwanese Tea’s Entry into Singapore Market to Boost Global Presence // AVPN Charts Path Forward at 2024 Global Conference // ESG Achievement Awards 2023/2024 is Open for Application, Celebrating Innovative Sustainable Practices and Responsible Risk Management // DIFC Courts Cement Role as Top English Dispute Resolution Choice // New Dynamics in Cryptocurrency Security: ZUHYX Builds the Strongest Fund Protection System // Leading with Compliance, ZUHYX Earns the Canadian MSB License // Astana International Exchange Connects with Regional Markets Through Tabadul Hub // PolyU forms global partnership with ZEISS Vision Care to expand impact and accelerate market penetration of patented myopia control technology // Abu Dhabi Secures US$5 Billion in Fresh Funding // UAE Scrutinizes Report on Racial Discrimination Treaty // Sharjah Census Gears Up for Final Enumeration Phase // Election Commission Has A Dismal Record On Acting Against Modi’s Breaches Of Poll Code // Dubai Gears Up for Second FinTech Summit as Funding Surges // Booming Region Fuels Innovation Surge // Telecom Giant Du Eyes Crypto Integration for FinTech Platform // Lee Chong Wei Shows Up On Chinese Hot cultural Talk Show “SHEDE Wisdom Talents”, Talking About “Crossing The Hill” // ZUHYX Exchange: Embracing Social Responsibility for a Sustainable Future //