11 March 2009
Tanzanian President Jakaya Kikwete has called on Africa to send a "clear message" to next month's crucial meeting of the G20, the world's major economic powers, to help mitigate the effects of the global financial crisis on the continent.
Speaking at a conference in Dar es Salaam organized jointly by the Tanzanian government and the International Monetary Fund, Kikwete said the crisis posed "the greatest danger ever… in recent history" to African development. "[It] threatens to reverse or even wipe out the hard won socio-economic gains made by African countries over the past few decades."
Yet, he added, "Africa's voice on this unnerving situation has been muted… in different global initiatives and processes which have emerged to respond to the crisis…" He said the conference, which includes African finance ministers and central bank governors, business leaders, academics and members of civil society, offered a unique opportunity for Africa to express its voice.
He said it was important that Africa should avoid repeating the experience of the 1980s and early 1990s, "when after the second oil shock of late 1970s and world recession of early 1980s, many of our countries lost a decade-and-a-half of growth and experienced a reversal of some of the hard-earned gains in education, health, water and infrastructure development.
"We cannot afford to 'mark time' again. We need, ourselves together with our partners, to take measures that will help us stay the cause of steady economic growth and continue with investment in building capacity for further growth and attaining the Millennium Development Goals."
Kikwete added: "With the world economy at a crossroads, risks facing Sub-Saharan Africa have intensified. If the concerted efforts of policy makers around the globe fail to re-establish trust in the international financial system, the world economy risks a deeper and more prolonged recession.
"Sub-Saharan African countries would suffer from steeper reduction in the external demand for its commodities, dwindling foreign exchange earnings and remittances, declining corporate profitability, incomes and aid flows. Consequently, growth in Sub-Saharan Africa may drop more sharply than envisaged, risking erosion of the gains painfully achieved."
Read the full text of Kikwete's speech
Read comments. Write your own.
Copyright © 2009 allAfrica.com. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
thank you very much I want to share with you for this isues Tanzania we need more support from the part the world countries , and we thank s our President Jakaya Mlisho Kikwete for the morden of Management we promes our President to pray to God for them
Pastor Eliah Mauza p.o.box 3204 Dodoma Tanzania www.pmciministries.8mnet
" ... we need more support from the part the world countries .."
"support"? IMF, World Bank, EU countries and USA smile in predatory appreciation.
Where does that cop-out come from?
Do Africans need "support" from the predators who critically depend on Africa's resources and markets and desperately want Africans and wealthy Africa bound to them in dependent victimization?
.
What "support" would a predator accord its victims? Would an gun-totting antelope-hunter assist the antelopes in developing their bullet-proof wear? Would a lion support the zebra in developing nail-studded hoofs or skins that are resistant to puncture from, say, fangs?
.
"Support"? Not really. That is NOT the consensus among informed Africans. It was NOT even during the times of our founding fathers Nkrumah, Lumumba, Nasser, etc. And it was NOT the idea during the times of our valiant King Shaka, Lobengula nor our queens Cleopatra, Nzingha, Nehanda, etc.
.
Africa is the richest continent in resources.
.
Africa needs to assert its rights to its resources vigorously. And no African country acting singly can withstand the coercive, murderous might of the white EU/USA hegemony. Behold the daily slaughter of the natives in Nigeria and Congo who dare claim a share of their birthright. .
For instance: Consider the wealth shipped out of Nigeria in one day, say today, in crude oil, timber, rubber, etc.
(For instance - just to get you started:
Over 2,000,000 barrels of crude oil shipped out of Nigeria EVERY DAY.
What is the going price per barrel?
Take $11 to $15 as the break-even point.
Equipment/installations paid for in 3 years. etc.
Administrative costs: Nigeria here - so take Nigeria's rates - say, less than 1% of revenue.
Foreign stakeholders? Nigeria is not here to provide foreigners with a living. Now, it gets interesting: Suppose the stakeholders in the companies shipping resources out of Nigeria/Africa were millions of Nigeria's or Africa's natives! Who needs IMF? World Bank? Now, who cries out for "support" - EU or Nigeria/Africa?)
The consider the taxes paid to Nigeria by the foreign companies.
Then consider the profits that those companies make compared to the starvation (slave labour) wages paid by the companies to the Nigerian workers.
To round it off, consider the taxes paid by the companies to their foreign governments. For the oil companies, the tax rates to foreign states on windfall profits range from 40% to over 80% ! And we are talking about billions of dollars! [Tax revenue in hundreds of billions of dollars! Gosh, they would kill god for much less! Do you see why the western governments go for destabilization and "regime change" in oil-rich countries of Africa, South America and the Middle East?]
Lifeway Ministries Churches International .. Take a Missions Team Church planting - Tanzania prepare for Conference of the Pastors and wifes in Dodoma then we have the trip for church planting in Tanzania , this mission team we begain /planing from 6 to 9Augost 2009 we have 5 areas strong for church planting , 1]prepare for Conference of the Pastors and wifes in Dodoma 2] in kiteto Manyara Region mission , to preach and teaching the gospel and to complete the church Building there 3] Haydom Manyara Region , this ares were going to preach the gospel and we plan to plant the church two new Branches there, 4] in Singida Region we have 3 church Branches there and were doing to plant other two new church branches 5] Dodoma villages /District we plan to plant 2 new church Branches
this is our plan for the Tanzania Mission so we wait from you to make Deferent thank you and your welcome you and your Mission partners
in this area we pray God to give us the Mission Partners and the Missionaries from any where to work together this the work of God here in Tanzania, in this area we need clean water, cloth for orphanages ,food for poor people in this mission, the new church Buildings even small Buildings , we need support for farmers Projects. pray for this thank you and may God bless you
Senior Pastor Eliah Ester Mauza Pentecostal Mission Churches of Tanzania P.o.box 3204 Dodoma Tanzania
Lifeway Ministries churches International P.o.box 3204 Dodoma 25526Tanzania +255-753-599648 www.pmciministries.8m.net
See all comments (8).
Active Discussions: Africa Must be Part of the Solution