September 7, 2016 South Africa: From #FeesMustFall to Budget Battles
"The most inspiring and surprising social movement to shake the
South African state since the Treatment Action Campaign of the early
2000s was #FeesMustFall in October 2015. The primary demand -- free
tertiary education -- is audacious." But, argues South Africa
academic and commentator Patrick Bond in a newly published chapter,
achieving that goal requires confronting the ideology of austerity
and the dominance of corporate capital as well as corrupt public
officials on the South African government budget.
September 7, 2016 South Africa: Post "Post-Apartheid"?
The "post-apartheid" period is now over, it seems. Whether one dates
the change from the massacre of miners at Marikana in 2012, the
death of Nelson Mandela in 2013, student protests in 2015, or the
municipal elections last month, a generation has now passed since the high hopes of the first
democratic elections in 1994. South Africans, particularly the
generation known as the "born-frees," are coping with the realization
that that political victory was only the beginning, not the
achievement of the hopes for social and economic transformation so
many had hoped and died for.
February 1, 2016 Africa/Global: Accounting Tricks with Coca-Cola
"The Cayman-based Conco is one of more than 25 entities located in
tax havens -- just over 30 percent of the [Coca-Cola's] total
'financial' subsidiary disclosures.. Of those based in tax havens,
almost half use Delaware, including the parent Coca-Cola company,
incorporated there since 1919. ... Delaware's secret formula is the
total tax exemption for all income related to intangible capital. In
fact, the Delaware Code specifically highlights the advantages of
holding companies for intangible capital that "charge" their own
global subsidiaries a 'fee' for use of the trademarks and other
intangible capital." - Khadija Sharife, in "Coca-Cola's Hidden
Formula for Avoiding Taxes"