Africa needs to fix continent, richest people are politicians - page 4.

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Quote from: Nickbryan10 on May 04, 2021, 06:05:12 AM

Forget Dangote and the rest of the billionaires, the richest people in Africa are politicians. Africans need to reevaluate and rethink their system, so much power is given to the politicians and without any checks or balances. How can an ex-governor not be tried in court for his mischievous activities because there is a written document that said so who signed the documents is it the populace? They loot millions of dollars and stack them up for their families whereas the masses are suffering.
They even go as far as banning the trading of cryptocurrencies because they feel people might benefit from it. When the world is enjoying it. African needs to be taken to the hospital and given proper treatment because they are moving backward. More strength to their youth as many are still thriving in the harsh environment.

You need to understand that what we see in many countries in the African continent is not democracy and instead it is just a bad parody of it.

When that happens and the government does not perform its main functions which are to keep people safe from internal and external threats and to enforce contracts then this is what happens, there is no incentive at all for people to create as everything can be taken away from them and the only way to make money is by becoming a politician and steal all the money that you can, this perpetuates the cycle and once you are in that kind of cycle it is almost impossible to get out of it.

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Quote from: dothebeats on May 05, 2021, 10:57:10 AM

You also have religious leaders as among the richest in Africa but that's another topic. The problem stems from the general populace's poor choices when it comes to electing officials. They just elect whoever they think will help them in a swift manner, and not someone that is really going to help them in the long run. Same as most poverty-stricken countries today, most of them elect officials that knows nothing about governing their people, or just elect someone that is a popular figure in the country without even knowing the law.

It really can't be helped as long as the poor isn't educated about the importance of choosing who is to take the helm of governing the country or their regions.

One of the reasons why Africa is so poor is due to the popularity of foreign religions. Both Christianity and Islam have managed to wipe out the native religions and traditions. And now the competition between various religious sects (all of them foreign) are very common in the continent and every year tens of thousands die as a result. On the other hand, the religious leaders lead a life of luxury. Pastor David Olaniyi Oyedepo is believed to be worth billions of $$$ (although officially his wealth stands at just $150 million), while a majority of those who attend his church earn less than $2 per day. He owns 4 private jets and has luxury real estate properties in the UK and the US. Bishop Allan Kiuna of Kenya is having a net worth of $4.6 billion.

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You also have religious leaders as among the richest in Africa but that's another topic. The problem stems from the general populace's poor choices when it comes to electing officials. They just elect whoever they think will help them in a swift manner, and not someone that is really going to help them in the long run. Same as most poverty-stricken countries today, most of them elect officials that knows nothing about governing their people, or just elect someone that is a popular figure in the country without even knowing the law.

It really can't be helped as long as the poor isn't educated about the importance of choosing who is to take the helm of governing the country or their regions.

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Quote from: Nickbryan10 on May 04, 2021, 06:05:12 AM

Forget Dangote and the rest of the billionaires, the richest people in Africa are politicians. Africans need to reevaluate and rethink their system, so much power is given to the politicians and without any checks or balances. How can an ex-governor not be tried in court for his mischievous activities because there is a written document that said so who signed the documents is it the populace? They loot millions of dollars and stack them up for their families whereas the masses are suffering.
They even go as far as banning the trading of cryptocurrencies because they feel people might benefit from it. When the world is enjoying it. African needs to be taken to the hospital and given proper treatment because they are moving backward. More strength to their youth as many are still thriving in the harsh environment.

Power tripping is still evident in all kinds of government, not onlu in Africa. Considering the poverty and famine being experienced by that country, heartless politicians still continues to milk from the country's natural resources and abused manpower. Instead of spreading the wealth of the country towards each community, they chose to put it in their pocket as their stomach gets full whilst children outside are dying from malnutrition or heat stroke even for the elders. As long as this kind of system continues, there will be more live at stake that may not be saved so let us hope for the best for this country.

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Quote from: Nickbryan10 on May 04, 2021, 06:05:12 AM

Forget Dangote and the rest of the billionaires, the richest people in Africa are politicians. Africans need to reevaluate and rethink their system, so much power is given to the politicians and without any checks or balances. How can an ex-governor not be tried in court for his mischievous activities because there is a written document that said so who signed the documents is it the populace? They loot millions of dollars and stack them up for their families whereas the masses are suffering.
They even go as far as banning the trading of cryptocurrencies because they feel people might benefit from it. When the world is enjoying it. African needs to be taken to the hospital and given proper treatment because they are moving backward. More strength to their youth as many are still thriving in the harsh environment.

The greediness of everyone who sits in the government is ingrained to compete to be the one who has it all. it is true that I heard the news about it. If you Are a class of rich people maybe you can survive with what happened in Africa but in contrast to people who are difficult to find food everyday. Apocalypse is in front of your eyes.

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There are many different countries in Africa and their are not all the same for sure, but I reckon that is a beautiful and very fuc*ed up continent. The people in general are not ready for self-government due to the low educational levels - again in general - and the world powers are basically fighting over who takes more resources out of the people´s hands in many places. The only option left for many is to scape or join the regimes.

The only thing that I think would help is if Africans that live in western or powerful countries demand help for their nations and I think the first priority would be education and safety.

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Quote from: Sithara007 on May 04, 2021, 11:46:50 PM

Quote from: Upgrade00 on May 04, 2021, 04:00:17 PM

I assume you are of the opinion that the wealth of politicians is not accounted for and they are not put on the list of richest people, because the top recorded richest people in Africa are not actually politicians, but business oriented individuals, like in all other parts of the world.

Corruption on the other hand is a known issue which is faced by all nations, but is high in some African countries and negatively affects the populace.

You are wrong. The politicians hide their wealth, so it is not known to anyone. On the other hand, the businessmen can't hide their wealth since they deal with publicly traded corporations or private ventures which undergo third party audit. The politicians mostly get their wealth in the form of lobbying or bribes and this is done in a discrete manner, through offshore accounts. For example, the total wealth of Muammar Gaddafi before he was overthrown was estimated at $200 billion. Hosni Mubarak was worth an estimated $70 billion. Ibrahim Babangida of Nigeria managed to steal $13 billion from the Nigerian oil revenue in just one year (1992). No African businessmen will come close to these people in terms of wealth.

But in true sense of it can we really take corrupt government officials who have amassed public wealth to be theirs and we put them in Forbes list or Guinness record as richest people ? That is a No. You only identify those who have real businesses with addresses and offices . Also the real business people add to the growth of the economy because they employ individuals and better theirs lives but politicians hardly have genuine businesses. They push money away to other countries and build houses there because of the fear of being known at the home front. This is a sad story for Africa and that is why growth is eluding the third world countries, endemic corruption is a worse thing.

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I don’t think that this only applies in Africa. It might apply to almost all of the countries in the world and presumably, the main thing we had to rethink is to give rights to the government to have control of our countries like 100%.

Look what happened, I went to a government agency lately in our country. It's our National SEC but looks what happened?
They wanted to collect money and they would say it is for insurance, but if you know the law same as me, insurance is not a must, you can decline the offer, but they insisted that it was mandatory. And look, I escalated it and earned an apology from them. I just imagine what if it was a different person who doesn’t have an idea with legal yet?

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Quote from: bryant.coleman on May 05, 2021, 06:05:30 AM

Quote from: Kong Hey Pakboy on May 05, 2021, 05:06:23 AM

The problem is easily solvable if the organizations that was helping Africa was really helping. Just because they got the money and power doesn't mean that they will be untouchable because there are revolts that did that thing, French Revolution and Bolshevik Revolution are some of the of prominenet ones. If people starts knowing that they aee being oppressed they will eventually stand up for themselves.

The problem is that those people who are protesting ends up dead or go missing. Do you know what happened to Ken Saro-Wiwa, after he organized protests against the dictator General Sani Abacha in Nigeria? Or do you know what happened to Fikile Ntshangase who protested against environmental pollution in South Africa? Politicians hold too much power and if you stand against them, then be ready to risk everything including your life.

If enough people are fighting, it will be difficult to dispose of the heads of the protest, may the people who fought and die protesting for changes become a catalyst to wake more people up. The other problem that I forgot to mention is that if the armed forces are on the side of the people and in that way, it will be close to no bloodshed. Also, I think this leaders of the protest knows the risk because they still do it.

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It's already a well-known fact that corruption runs deep in Africa. Yes, I believe that the citizens also want to change those in seats of power, but it's been too long that the power is rooted quite deeply imo. That doesn't mean that it's impossible though. I'm guessing that they just need someone to actually lead in the forefront though it's a lot easier to say it than actually do it.

On the note of banning crypto, try as they might it's still close to impossible to actually completely ban it. Those who want to use it will use it, and they'd honestly find ways. Cause if it isn't possible, then heck im pretty sure their corrupt methods also wouldn't be possible.

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Quote from: Kong Hey Pakboy on May 05, 2021, 05:06:23 AM

The problem is easily solvable if the organizations that was helping Africa was really helping. Just because they got the money and power doesn't mean that they will be untouchable because there are revolts that did that thing, French Revolution and Bolshevik Revolution are some of the of prominenet ones. If people starts knowing that they aee being oppressed they will eventually stand up for themselves.

The problem is that those people who are protesting ends up dead or go missing. Do you know what happened to Ken Saro-Wiwa, after he organized protests against the dictator General Sani Abacha in Nigeria? Or do you know what happened to Fikile Ntshangase who protested against environmental pollution in South Africa? Politicians hold too much power and if you stand against them, then be ready to risk everything including your life.

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Quote from: jrrsparkles on May 04, 2021, 01:51:38 PM

They got money and power so who is going to bring changes in the system?

AFAIK, now people from Africa is trying to evolve themselves by studying and working which may bring a change but it needs few generations atleast to bring the countries with free from corruption.

The problem is easily solvable if the organizations that was helping Africa was really helping. Just because they got the money and power doesn't mean that they will be untouchable because there are revolts that did that thing, French Revolution and Bolshevik Revolution are some of the of prominenet ones. If people starts knowing that they aee being oppressed they will eventually stand up for themselves.

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Quote from: Nickbryan10 on May 04, 2021, 06:05:12 AM

Forget Dangote and the rest of the billionaires, the richest people in Africa are politicians. Africans need to reevaluate and rethink their system, so much power is given to the politicians and without any checks or balances. How can an ex-governor not be tried in court for his mischievous activities because there is a written document that said so who signed the documents is it the populace? They loot millions of dollars and stack them up for their families whereas the masses are suffering.
They even go as far as banning the trading of cryptocurrencies because they feel people might benefit from it. When the world is enjoying it. African needs to be taken to the hospital and given proper treatment because they are moving backward. More strength to their youth as many are still thriving in the harsh environment.

This is very true in many African countries especially a country like Nigeria. The politicians, even though elected in a democratic manner, adopt the dictatorship manner and are more or less dictators.
They don't care about the masses welfare. They don't provide any infractures neither security for the people. There have been a lot of cases of insecurity in Nigeria especially in the North. All they care about is how to amass wealth for themselves and their relations
The problem, however, still remains with the people because every election period, they still elect the wrong people for some money.

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Quote from: Upgrade00 on May 04, 2021, 04:00:17 PM

I assume you are of the opinion that the wealth of politicians is not accounted for and they are not put on the list of richest people, because the top recorded richest people in Africa are not actually politicians, but business oriented individuals, like in all other parts of the world.

Corruption on the other hand is a known issue which is faced by all nations, but is high in some African countries and negatively affects the populace.

You are wrong. The politicians hide their wealth, so it is not known to anyone. On the other hand, the businessmen can't hide their wealth since they deal with publicly traded corporations or private ventures which undergo third party audit. The politicians mostly get their wealth in the form of lobbying or bribes and this is done in a discrete manner, through offshore accounts. For example, the total wealth of Muammar Gaddafi before he was overthrown was estimated at $200 billion. Hosni Mubarak was worth an estimated $70 billion. Ibrahim Babangida of Nigeria managed to steal $13 billion from the Nigerian oil revenue in just one year (1992). No African businessmen will come close to these people in terms of wealth.

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Quote from: Nickbryan10 on May 04, 2021, 06:05:12 AM

Forget Dangote and the rest of the billionaires, the richest people in Africa are politicians. Africans need to reevaluate and rethink their system, so much power is given to the politicians and without any checks or balances. How can an ex-governor not be tried in court for his mischievous activities because there is a written document that said so who signed the documents is it the populace? They loot millions of dollars and stack them up for their families whereas the masses are suffering.
They even go as far as banning the trading of cryptocurrencies because they feel people might benefit from it. When the world is enjoying it. African needs to be taken to the hospital and given proper treatment because they are moving backward. More strength to their youth as many are still thriving in the harsh environment.

This is true in many places of the world, thats why people try to be a politician in many nations. You can look at the asian continent, starting with China where the leaders and the party basically owns half of everything in the entire nation, and check out many many nations there where politicians are the richest people in the country. You can check latin america where politicians are once again the richest people in the nation.

You can check old soviet block where there are many politicians that are rich so its rooted in europe a bit as well. There are few nations where richest people are not politicians, sure the young president of finland may not be rich at all, but those type of situations are very rare doesn't reflect the reality. Which is why I think its quite obvious that we should not be looking at this as something that would be only limited to africa.

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I assume you are of the opinion that the wealth of politicians is not accounted for and they are not put on the list of richest people, because the top recorded richest people in Africa are not actually politicians, but business oriented individuals, like in all other parts of the world.

Corruption on the other hand is a known issue which is faced by all nations, but is high in some African countries and negatively affects the populace.

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They got money and power so who is going to bring changes in the system?

AFAIK, now people from Africa is trying to evolve themselves by studying and working which may bring a change but it needs few generations atleast to bring the countries with free from corruption.

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It's not only in Africa, there's a lot of countries with the corrupted governments. I'd even say that every government is corrupted, the only question is - to what extent. Some countries, like Sudan and Venezuela, are extremely corrupted, politicians are okay with robbing the country with billions of dollars, while others, e.g. Argentina, Greece, Italy are much less corrupted, but still, people are being robbed and not all the money is oriented to the development, as it is supposed to be.

And it's been going on for centuries with different nations, I don't think much can be done about it. We all know the stories, when the new President, which promised to end the corruption takes power and then simply becomes one of the people he used to fight. The same happens after the revolutions.

Something needs to change deeply in people's minds, money changes things, affects people in the way they could have never expected. Only if people start valuing freedom, moral standards, and each other more than money - corruption can be eradicated. But until then, it is what it is.

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I don't like politicians who seem to side with the people, then torture us with all kinds of taxes. in Africa they should not be elected, they are not even interested in voting at elections. I am confused by the tradition of crazy politicians who come when they need the voice of the people, so that millions of hopes are kept on his shoulders. but this is a phenomenon that occurs everywhere, not only in Africa.

There needs to be an evaluation of the political actions there, they need to update the constitutional rules. it is very unfortunate, how miserable the African people are there.

Africa must get out of this system, and try to urge the government to re-legalize crypto exchange, this is for the sake of Africa's dignity as one of the largest countries in the world that lacks financial freedom.

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Quote from: Nickbryan10 on May 04, 2021, 06:05:12 AM

Forget Dangote and the rest of the billionaires, the richest people in Africa are politicians. Africans need to reevaluate and rethink their system, so much power is given to the politicians and without any checks or balances. How can an ex-governor not be tried in court for his mischievous activities because there is a written document that said so who signed the documents is it the populace? They loot millions of dollars and stack them up for their families whereas the masses are suffering.
They even go as far as banning the trading of cryptocurrencies because they feel people might benefit from it. When the world is enjoying it. African needs to be taken to the hospital and given proper treatment because they are moving backward. More strength to their youth as many are still thriving in the harsh environment.

Majority of Africa and a part of Asia are still living under dictatorship. That seriously needs fixing. But the question is how? Armed coupes and civil war is not a solution rather such kind of rebellion usually leads to more suffering. The only long term solution is education. Please educate your child well so that he can first do well in life and encourage their upcoming generations to do so.

There's no easy or overnight solution to end dictatorship. It can only happen with knowledge and education. Otherwise, nothing will improve and billionaire politicians will keep on eating out the juice from economy.

Like any other "partly free" country, India is also moving into the same direction and the current government is trying their best to destroy the education system of the country. Because they understand freedom comes from knowledge. It's easy to enslave an uneducated person than an educated person.

Topic: Africa needs to fix continent, richest people are politicians - page 4. (Read 650 times)