The AfricaNews articles of Ositadimma
Kleptocrats’ Laws of Looting
- According to economists, personal fortune is attained in two ways: by positive and negative means. Attaining personal fortune by positive means is through innovation (e.g. Bill Gates of Microsoft, Larry Page and Sergey Brin of Google), hard work, entrepreneurship (Sam Walton of Wal-Mart), foresight and sheer luck; whereas, amassing fortune by negative means is through political connections, lobbying government for selfish interests, looting of the state treasury and elimination of competitors. Fortunes created through positive means creates jobs, raises productivity and grows the economy; while fortunes amassed by negative ways takes away from the economy. People that make fortunes through…How Corruption Underdeveloped Africa
- It holds vast amount of the world natural resources, counts noble laureates among its citizens and globally its citizens are making waves in the fields of medicine, technology, entertainment and corporate world. Yet radios, television and automobiles are rare luxuries in this continent, millions in this continent are living below the $1.25 a day World Bank poverty line, millions are still unemployed years after graduation, millions cannot afford clean water or pay for their children education, civil war ravages the continent and millions die from preventable diseases as a result of unaffordable healthcare. The continent is Africa and corruption is the hydra headed monster that has left the…Our Interconnectedness- The Spirit of Ubuntu
- Last Tuesday I was once again glued to the television as I watched President Obama deliver the annual State of the Union Address to a joint session of the Congress (House and the Senate). This year’s state of the union was significant because it is the first time that a Republican has sat at the back of President Obama in a joint session of the Congress. Also in the light of the Tuscon shooting, the legislators agreed to sit with members of the opposite party. I watched as the session erupted in elation when the clerk of the house announce the traditional “Mr. Speaker, the President of the United States of America” signaling the arrival of the President. With President O…
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