Race is on for our rich resources

2008-05-08 00:00

As the Zimbabwean crisis has suggested, any doubts one entertained about the economic prospects of the region must by now have gone beyond the cynical. The South African government’s embarrassing response to the Mugabe regime’s totalitarianism must surely have further damaged this country’s credibility in foreign direct investment circles. This columnist previously called for a non-politically aligned globalisation strategy for South Africa, in the belief that this country could utilise and benefit from its pole position within Africa.

Chinese demonstrably becoming further entrenched in the continent’s political and economic affairs. For example, according to the Financial Times, human rights proposals against China have been defeated 11 times at the United Nations over the past decade, thanks to the support of African countries. Many African states appear to feel comfortable with a country that not only disregards the basic human rights of its own people, but also arrogantly continues the subjugation of a neighbouring state, despite world condemnation.

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