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The Delamere International Newsletter ©

Edition of 1 October 2018 # 308

This Newsletter is published as a Free Service to all clients of Delamere-Pennine Associates, International Business & Marketing Consultants.

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This Month's Sponsor
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The Manchester Guardian Newspaper


The Manchester Guardian first appeared 194 years ago today. It was a weekly comprising just four pages and priced at a steep 7d (seven old pence), of which 4d went to the government in stamp duty. This was the severest of paywalls, and the initial circulation was just 1,000, soaring to 3,000 by the mid-1820s. Its appearance coincided with the death of Napoleon on Saint Helena, but his passing wasn't mentioned in the paper for several weeks, so slowly did news then travel.  Visit our site.

Editor’s Note: We have recently been highly complimented regarding the usefulness of our News Page, which is used by many of our informed readers and subscribers.

 

IN THIS ISSUE

 

  1. Business: Corruption in South Africa, Will it Ever End?
  2. Business: Case of Selling Your Soul to Survive?
  3. Business: International Banking the Savior of Africa?
  4. Business: Latest Update on Zimbabwe
  5. Business & Immigration: Major Problems for Immigrants in South America
  6. Business: More News of Corruption in Africa
  7. Business: Ongoing Slaughter of South African Farmers
  8. Business: South Africa is Slowest Growing Country in the World?
  9. Education: Admire the Role of HRH. Prince William and his Service to Mankind
  10. Education: Nelson Mandela Statue at the United Nations
  11. Education & Environment: Slaughter of Elephants in Africa
  12. Education: Tracing London Convicts in Australia

 

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1. Business: Corruption in South Africa, Will it Ever End?
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Mr Justice Tsoka was entrusted with one of the more controversial recent commercial cases. He didn’t hold back in a scathing judgement for VBS Mutual Bank against its former CEO Andile Ramavhunga, his wife Zanele and the CEO of Vele Investments Robert Madzonga. The bald-faced theft by these fraudsters moved the judge to quote a passage from Atlas Shrugged, a masterful novel by free-market icon Ayn Rand: “….when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them but protect them against you…..you may know that your society is doomed.” Judge Tsoka did his bit to rebuff that ghastly prospect by ordering the sequestrations of these high flying fraudsters, which VBS reckons stole an astonishing R1.5bn. To read the full report, go to our NEWS DESK link. (IOL)

 

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2. Business: Case of Selling Your Soul to Survive?
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African countries have shown a healthy appetite for Chinese loans but some experts now worry that the continent is gorging on debt, and could soon choke. This debt acquired from China comes with huge business for Chinese companies, particularly construction companies that have turned the whole of Africa into a construction site for rails, roads, electricity dams, stadia, commercial buildings and so on. To read the full report, go to our NEWS DESK link. (BBC)

 

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3. Business: International Banking the Savior of Africa?
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Opportunity beckons in Africa as markets mature; incomes grow and trust in financial services increases. This is driving the need for bespoke wealth management and banking solutions which can be delivered seamlessly in any country, across the continent and offshore. The political changes in Zimbabwe, for instance, have opened the door for the repatriation of money back into that country, while there is a shift to externalise funds in economies that have exchange controls. Exchange controls and policy changes, together with political stability, remain crucial factors dictating levels of demand for international banking solutions. Namibia is a good example of a country which has reviewed its exchange controls and is, therefore, experiencing far more interest in offshore banking solutions. To read the report, go to our NEWS DESK link. (IOL)

 


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4. Business: Latest Update on Zimbabwe
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After two hours of driving through these areas of informal housing, we spent an hour driving through the wealthiest suburb in the whole Country = Borrowdale, which was the 'other half' of the MP's Constituency. Even though I have lived in the City for many years and often gone to homes in the area or had coffee in the many local coffee shops, I was not prepared for what we encountered. The MP showed us one luxury home after another, kilometre after kilometre of pristine, newly tarred roads, beautiful manicured gardens, golf clubs and acres of houses that would not look out of place in an American millionaire's community. The contrast with what we had just seen was just astounding. Homes that must have cost millions of dollars were common place. I asked who lived in these mansions and the reply chilled me = 'civil servants, army officers, Pastors and Prophets'. To read the full report, go to our NEWS DESK link. (IOL)

 

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5. Business & Immigration: Major Problems for Immigrants in South America
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Aid groups estimate that between 1.6 million and 2 million Venezuelans will leave their nation this year, escaping hyperinflation and desperate shortages of food and medicine. Those numbers are on top of the 1.5 million Venezuelans who left between 2014 and 2017. Roughly 1 in 10 Venezuelans will have left their country in a four-year span.  To read the full report, go to our NEWS DESK link.


Editor’s Note: Visit our web page for the latest updates on Immigration.

 

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6. Business: More News of Corruption in Africa
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Angola’s state prosecutor arrested the son of former President Jose Eduardo dos Santos over the alleged illegal transfer of $500 million from state coffers to a Swiss bank account. Jose Filomeno dos Santos’s detention marks the latest step by President Joao Lourenco to tackle graft and dismantle the influence of his predecessor, whose four-decade rule left Angola one of the world’s most corrupt nations. To read the full report, go to our NEWS DESK link. (IOL)

Editor’s Note:  See our web page on Angola.

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7. Business: Ongoing Slaughter of South African Farmers
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As the death toll rises monthly among South Africa's Afrikaners – often horribly slaughtered and mutilated in hate-crimes – 15,000 of them are considering mass migration to Russia. Russia's humanitarian absorption of migrant refugees is being weighed after a series of murders the South African government has been accused of encouraging, and that have made farming in South Africa the most deadly occupation in the world. The murders are little-reported even within South Africa itself, the government directed police to stop releasing information about victims’ ethnicity.  To read the full report, go to our NEWS DESK link.


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8. Business: South Africa is Slowest Growing Country in the World?
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South Africa is currently the slowest growing economy as measured by The Organisation for Economic Co-operation and Development (OECD) for 44 countries they track that have 2Q2018 data available. It’s the slowest this quarter; it’s the slowest over the last two quarters, the slowest over the last three quarters and the slowest over the last 4 quarters. To read the full report, go to our NEWS DESK link.

 

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9. Education: Admire the Role of HRH. Prince William and his Service to Mankind
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Prince William has confessed he "took a lot home without realising" when he worked as an air ambulance pilot. The 36-year-old royal worked for the East Anglian Air Ambulance as a first responder for two years and admits it was tough seeing such "despair and sadness". Speaking at a mental health event in Bristol, he said: "I took a lot home without realising it. You see so many sad things every day that you think life is like that". To read the full report, go to our NEWS DESK link.



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10. Education: Nelson Mandela Statue at the United Nations
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President Cyril Ramaphosa has unveiled a Nelson Mandela statue at the United Nations (UN) in New York on Monday. Unveiling the statue inside the UN building, Ramaphosa’s told his audience that the values by which Nelson Mandela lived and dedicated his life are universal. Ramaphosa called South Africa’s first democratically elected President a symbol to the world. “Nelson Mandela, the Father of our democracy is indeed a symbol of our unity, but he’s also a symbol of our diversity as a nation". To read the full report, go to our NEWS DESK link. (SABC)

 

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11. Education & Environment: Slaughter of Elephants in Africa
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Carcasses of nearly 90 elephants have been found near a famous wildlife sanctuary in Botswana, conservationists say. Elephants Without Borders, which is conducting an aerial survey, said the scale of poaching deaths is the largest seen in Africa. The spike coincides with Botswana's anti-poaching unit being disarmed. Botswana has the world's largest elephant population, but poachers have been breaching its border. To read the full report, go to our NEWS DESK link. (BBC)

 

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12. Education: Tracing London Convicts in Australia
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Launched in 2017, The Digital Panopticon is a fascinating research project exploring the impacts of various punishments on approximately 90,000 people who were sentenced at London's Old Bailey between 1780 and 1925. This project brings together "millions of records from around fifty datasets" into a searchable database, including trial records, transportation records of convicts who were sent to Australia, and many more. Of particular interest are the "convict lives" pages, which feature brief biographies of individual convicts whose life histories were "reconstructed using the Digital Panopticon website," while the historical background section offers helpful contextual information about the British criminal justice system at that time. Students and educators will want to check out the research and teaching section, which contains themed research guides as well as resources for using The Digital Panopticon in classrooms. Funded by the Arts and Humanities Research Council, The Digital Panopticon is "a collaboration between the Universities of Liverpool, Sheffield, Tasmania, Oxford, and Sussex," with Barry Godfrey, professor of Social Justice at the University of Liverpool, as its principal investigator. Visit this site.

From The Scout Report, Copyright Internet Scout 1994-2018

 

 

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Photo of the Month
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This month we have for your pleasure a video clip of the “Elephants That Came For Dinner.”  This inspiring account of the tenacity of the African Elephant will be of benefit to all our readers.  To see this video clip, click here.

 

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This month's quote

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“Summer is delicious, rain is refreshing, wind braces up, snow is exhilarating; there is no such thing as bad weather, only different kinds of good weather.” ~ John Ruskin 1819-1900

 

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Book of the Month
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A Man of Good Hope ~ Jonny Steinberg


In January 1991, when civil war came to Mogadishu, the capital of Somalia, two-thirds of the city’s population fled. Among them was eight-year-old Asad Abdullahi. His mother murdered by a militia, his father somewhere in hiding, he was swept alone into the great wartime migration that scattered the Somali people throughout sub-Saharan Africa and the world.

This extraordinary book tells Asad’s story. Serially betrayed by the people who promised to care for him, Asad lived his childhood at a skeptical remove from the adult world, his relation to others wary and tactical. He lived in a bewildering number of places, from the cosmopolitan streets of inner-city Nairobi to the desert towns deep in the Ethiopian hinterland. Buoyed by success in work and in love, Asad put twelve hundred dollars in his pocket and made his way down the length of the African continent to Johannesburg, South Africa, whose streets he believed to be lined with gold. And so began a shocking adventure in a country richer and more violent than he could possibly have imagined. Read the book, A Man of Good Hope
Editor’s Note: Don’t forget that we also have an online book store, Delamere International Bookshop. We represent a number of major leading book suppliers that concentrate on non-fiction books related to business, employment, marketing, investing & finance, real estate, and conducting international trade. Click here.

 

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The publisher expressly disclaims any and all liability to any person, whosoever, in respect of any loss, damage, death, personal injury or other consequences, by their use of, or reliance upon in any way, the information contained in this electronic publication.




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