From: Judy Miriga

Why the Coalition Government of Kenya must Shape up or Ship out …….to open room for a Transitional Caretaker Committee to Complete Fundamental Essentials of Constitution Making so Kenya is Able to be Governed Responsibly and that Kenya with the rest of Africa Nations is able to Compete Fairly with the rest of the World in the Emerging MarketPlace Favorably and securely:

The Coalition Government leadership in Kenya has failed its obligation to govern responsibly. Kenya needs a fresh start. The Coalition must realize their term in office ends in December and we are sick and tired of their theatric attitude of corrupt intimidation of their repressive regime. They failed to comply with Public Referendums’ mandate of which they took oath and swore to uphold. The core value of the Constitutional policy making at which public lifeline is based has been corrupted and skipped. Therefore, Government leadership cannot remain authentic without corner-stone of legal framework of Devolution of Counties, Security, Land and Finance budgeting. Their strategic agenda which is believed to be purposefully made to conflict with Human Rights dignity; conditioned them to pave room for corruption, impunity and graft, so to escape public watchful eye to scrutiny for accountability. With this they feel safe to engage in wanton violation and abuse of Human Rights. These Violation and Crime Against Humanity took many different shapes and form in their watch. They are the same reasons for which 2007/8 election turned deadly. The repeat is right before our eyes. The Coalition Government Leadership with their team do not value Responsibility or Integrity and are not ready to comply with Legal Framework for checks and balances for the same to credit or rate their per performance without threats, or using organized thugs and police to create fear, suppress the people and intimidate the local larger communities in order they get away with their crime.

People’s engagement in how their livelihood and survival must be organized depends on their vote which are the determining factor to choose responsible leaders with integrity. Without fundamental essential substances fixed in the Constitution as Policy guidelines, the constitution remain weak and ineffective. It is for this reason why the National Reform Accord Agenda, put the Coalition Government in place. We are not going to sit and watch the Fundamentals for the Constitution go to waste; there is Legal Justice to help put the left-over balance needed framework legalized. Consequently, before we let the political criminal in the Coalition Government and criminal instigators go loose, we must settle criminalities and claims against Human Rights Violation including all forms of Abuse with them. They must go through the threshold of Integrity clearance.

The Coalition Government in Kenya must shape up or ship out…… Time for Progressive development agenda is running out as the Global Emerging Markets is flooding with spoils.

With a properly established Constitution, we will rest assured that leaders will be obliged and forced to comply with public mandate demand for Responsibility and Integrity in their efficiency to public service delivery. It will thereby give room to people’s ability to project the success of Millennium Development Agenda including a diverse economic Trading progress success around the globe done under mutual secure agreement, which will help strengthen Africa’s Partnership position in cooperating competitively with the worlds’ Emerging Markets. Nations of the world need each other to cooperate in sharing of ideas and innovations. This cannot be done where insecurity, Corruption, Drug peddling, Off-Shoring of unregulated businesses including Black Market Money Exchange, Human Trafficking, Child Prostitution, discrimination of Gender causing the Imbalances; the political conspiracy of the engineering to break down and destroy Natural Domestic Families, forceful population transfer (this includes Internally Displaced People and Forced Relocation without proper legal framework), the underground of Human Slavery, Environmental pollution, terrorism and pirating is engineered to spoil for the benefit of 1% unscrupulous selfish and greedy International Corporate Special Business Interest, continue to fuel mushrooming criminal activities, Violation and Abuse of Human Rights with the aid of the Corrupt Political Leadership in Africa.

Good working Democracies if put together, provide favorable mutual cooperation for common good of all and it helps with developing plan to shaping sustained economic stability in the sharing of global marketplace good in a balance harmonizing reliable partnership relationship and maintaining a more secured International Trading policy benefiting all and at the same time, intensified progressive engagement.

What this means is that, the social and economic requirements of the people must balance in the COMESA engagement and Public Trust must be developed for its economic interests to thrive and political aspirations should provide security protection opening to increase Mutually shared participation in Regional and International Trading Affairs that must equally provide a balance under the stable functioning of diverse democracies.

The Diaspora Exchange Fellowship Engament Platform is to Provide an International view to Reform Democracy, Improve Food Sufficiency, Partnership and Trade in Sub-Sahara Africa with the whole of Africa Partnership with the Rest of the World under a Safer and Secure International Trading Policy.

Mother Africa has unfulfilled public obligations, and mandate to help get its development agenda on the road to realize its Millennium Agenda for progressive development goals. It is largely because of too much corruption with missteps by political leadership in Africa who paved way for dysfunctional Government system to overtake Law and Order. It is time things must be done differently to save Mother Africa from excessive exploitation, poverty and collapse. Bottom up grassroot development agenda for mother Africa through Diaspora Facilitating Networking is the sure way to success…….

Referencing Kofi Annan’s Recent Appeal to Africa’s Green Revolution towards Agricultural Security Potentials:

Agricultural transformation is a real possibility in Africa if governments will put in place the right policies, infrastructure and input support for small farmers, former UN Secretary-General Kofi Annan said Wednesday.

Speaking to journalists before the opening of the Africa Green Revolution Forum AGRF talks, being held at a mountain resort some 30 km east of Arusha, Annan urged African leaders and the continent’s development partners to understand that agriculture offers many opportunities for African populations, especially the young, to lead promising lives comfortably.

“Our young people will not abandon their rural homes and rush into cities to live in slums if the agriculture sector is given the right back-up by the governments and the private sector to achieve what we call the green revolution,” said Annan, who chairs the Alliance for a Green Revolution in Africa (AGRA).

As big consumers of what the rural people work hard to produce, he said “African cities should also give farmers some respect.”

Corruption must be dealt with decisively in order to create positive conditions needed for investments to thrive in Africa’s domestic agenda for progress with sustainable foreign partnership for investment. Without a reliable conducive environment for economic and social interactions, feasible sustainability to foster progressive growth for Development Agenda for Africa will not be realized. Any successful development in the world require favorable environment to succeed. It is our commitment through the Diaspora Exchange Fellowship Engagement that will help to improve reliable Trading in Sub-Sahara Africa and thereby will effectively lead to realization of the Millennium Development Goals we have failed to achieve in the past 50 years of independence.

IS IT POSSIBLE FOR THE REGIONAL COUNTRIES TO DISCIPLINE THEMSELVES IN COMPLIANCE WITHOUT A FUNCTIONING DEMOCRACY?……….No This is why Corruption is Rampant with careless killings causing untold Pan and Sufferings to the People……..

No, there must be a reliable stable Democracy in Africa to make this happen.

The compliant countries for COMESA are Malawi, Zambia, Sudan, Burundi, Uganda, the Democratic Republic of Congo, Djibouti, Ethiopia, Kenya, Madagascar, Mauritius, Rwanda and Seychelles. However, Swaziland, Zimbabwe, Comores, Eritrea, Egypt and Libya have yet to pass purchasing laws that would make the countries compliant with the directive.

COMESA’s procurement programme began in 1998, and, in 2009, leaders of the 19 member countries adopted the COMESA procurement directive so that uniform laws and a modern public procurement system could promote trade in the region. This is not the case. Political Excessive Corruption, Unemployment, Drugs, Human Trafficking, the organized breaking down of Domestic Families, Environmental pollution and degradation by the Importation of Chinese Prisoners Manpower Investment in Africa and Terrorist crime in the rise with pirating has eaten away the fabric of the success story for African Business Entrepreneurship to make a progressive inroad to excel.

The currency exchange for black market has made its way to pollute Africa’s political environment. Instead of the official regulated money exchange deals, individuals and even companies carry out their foreign exchange transactions in the streets through such like Equity Co., Ponzi Scheme, Pyramid Scheme, Hedge Funding etc……and this has affected the legal Foreign Exchange market in Africa heavily even though formal exchange establishments operate in most Africa countries. As a result, the public purse (kitty) earns nothing from this type of activity. The corruption is deep and Banks are therefore drawn into the kill of “Black Market” Trading and the situation is getting out of control because there is no balance/checks in the Country’s GDP (Gross Development Product) balanced record that can be used to measure business transactions; the reason why Foreign Currencies exchange data in black market of the informal sector are unrecorded in the trading markets.

Despite a better-organised exchange market system availability, the street sidewalk operators (in money market) also buy and sell currencies to the public. The rates they offer are broadly the same as official rates. There is therefore no great benefit to be recorded in the form of Tax transactions to Financial income.

What I don’t understand is how people can continue to preach development in Africa without discussing mechanization, every major food exporting country in the world has a highly mechanisation farming sector.

Food Security with Organized Agricultural Trading in Sub-Sahara Africa can feed the world Efficiently and Effectively if International Treaty Regulators are Reinforced:

Smallholder farming is a way of life in Africa which need a booster and it should be noted that it carries with it huge opportunity advantages for Progressive Millennium Development we cannot take for granted. (Table for Expenditure costs is left pending).

Women Who Grow Africa’s Food Need a Voice to be recognized in Africa’s Green Revolution for small-business-loans where million of small household business can begin to thrive for family’s livelihood and survival along with small farm holders of East African business-in-partnership needed to be protected against these mushrooming explosive illegality of Global Black Market………..

Why Democracy Must be Made Functioning:

Good Governance can only work effectively with an establishment of a good and stable functioning Democracy put in place. Much need to be done in Africa to alleviate poverty and improve food sufficiency and make extra for small business for self-sufficiency. Law and order must be restored for the interest and security for all.

Our goal therefore is to establish a quality assurance institutional mechanism to help grassroots peasant small farmers with small household business for self-reliance to take effect in sub-Saharan Africa will cost $7 million in five years. This will help to enhance development agenda through Africa Diaspora Network Exchange for Success.

It is crucial for a country’s leadership to be in touch with the mood of its citizens; but with mushrooming of organized crimes who are connected to law enforcement authorities, as in a number of African countries, citizens are constantly living under threats and they feel mostly insecure. Thugs and criminals ride and mingle with ordinary citizens in public transportation where many find themselves as victims of frequent attacks, ambush and sometimes hijacked transportation by the terrorist thugs……..people living in fear 24/7 in Kenya for example.

Our Plan of Action is to realize the bility of citizens to meet their daily needs for food and shelter, the struggle is effortless, and this kind of situation is breeding more complicated and sophisticated organized criminals from the jobless educated society because life must go on.

AFRICA’S BIG LOSES IN FOREIGN EXCHANGE & HOW TO CURB IT.

Most countries in Africa are characterized with low domestic savings and do not have access to international capital markets. In addition, official loans and foreign assistance per capita to the region have decreased because of extreme political corruption involving African Leaders.

These important concern are factored in failed Millennium Development Goals that pushed Africa to extreme poverty in the roles of macroeconomic uncertainty where people’s income is less than $1 a day and majority suffer from hunger from failed Government Planning. Too much corruption in Africa is the reason for Africa’s failed economy. The Corrupt African Leaders working with Unscrupulous International Special Interest Business have capital flow unrecorded as a result of secret business deals done under-table. This is why Transparency and Accountability in Democratic Governance is crucial and urgent; in order to examines the roles of macroeconomic uncertainty, political risk, as well as host country institutions, where FDI (Foreign Direct Investment) is affecting currency inflows into African economies from Foreign Direct Investment; and without which, the middlemen traders affect the chain of money flow to the grassroots.

Foreign direct investment (FDI) has become a key element of the global economy. Supply Vs. Demand must balance. There is therefore need to adopt and maintain the Local Policy that balances with the International Regulation on Trading Policies that are favorably to allow Africa’s Economy with the rest of the world to flourish.

FDI has great potential to generate employment, raise productivity, transfer skills and technology, enhance exports and contribute to both the long-term economic development of Africa with those of the world’s developing countries e.g. the (UNESCO, UNCTAD). These are the reasons why COMESA (Common Markets of Eastern and Southern Africa) where, “The micro, small and medium enterprises (MSMEs) have significant potential to spur overall economic development and take a leading role in poverty eradication, jobs and wealth creation as well as improving the quality of life of the African people,” …….in a risk free conducive peaceful environment for business to thrive between the private sector the cooperating partners, the United Nations International Finance Banks with other Investing Individual Business Partners or Foundations. The miss-Trust & broken down proper government system with dysfunctional of government’s corrupt personnel made the plan to fail thus resulting to COMESA’s procurement information system needed to facilitate service delivery non-effective.

Although, no government, no global nonprofit, no multinational enterprise can seriously claim to be able to replace the 1.8 billion jobs created by the economic underground, International Trade Policy Regulations in Government Democracy of the world is a must for the sake of Peace and Harmony with environmental protection. In truth, the best hope for growth in most emerging economies lies in the shadows of secure and stable Government Democracies of the world.

What Are the Risks for a Black Money Market in Africa?

In Money Market funds are designed to provide investors with an easy way to invest their money in a reliable account that seeks to provide a safe return. Most money market funds are offered through banks that allow investors to place a certain amount of money in the account. Typically, money market funds try to keep shares around $1 in value. While this investment is designed to be naturally low risk, some risks are involved as in all investments.

The Fees

Money market funds, especially those managed through brokers and banks, come with a set of fees that investors must pay to invest in the fund. Typically, these fees are ongoing and must be paid on a yearly basis. This increases the risk that the fund will not pay out a substantial profit. Money market funds already have very low returns on investment, and additional fees might drown out profit.

Investment Risk

Despite the safety of a money market, investors should always remember that it is still an investment, and some speculation is involved. The creators of money market funds try very hard to find investments that are reliable, but they can make mistakes, and money markets tend to suffer along with the rest of the stock market in recessions.

Missed Opportunity

One of the chief risks when investing in money markets is the opportunity cost of not investing in anything else. The returns from money markets can sometimes struggle to rise above inflation rates. The investments in other stocks and funds, while riskier, have the ability to yield much higher payouts when they succeed.

Things to Observe in A Black Market:

Mushrooming of Underground illegal Market Trade Deals:
Handling of the Illegal drugs Trade
The United Nations has reported that the retail market value of illegal drugs is $321.6 billion USD
Weaponry Arms Trafficking
Pirating
Organized Gangs and Thugs
Human Trafficking
Trading in Human Organs
Child Prostitution
Child Pornography
Aggressive sexual dissorders with carelessness lacking discipline
Collapse of Cultural and Traditional values
Disintegration and Collapse of Family Institution

A black market or underground economy is a market in goods or services which operates outside the formal one(s) supported by established state power. Typically the totality of such activity is referred to with the definite article as a complement to the official economies, by market for such goods and services, e.g. “the black market in bush meat” or the state jurisdiction “the black market in China”.

It is distinct from the grey market, in which commodities are distributed through channels which, while legal, are unofficial, unauthorized, or unintended by the original manufacturer, and the white market, the legal market for goods and services.

Worldwide, the underground economy is estimated to have provided 1.8 billion jobs.

black market has avoided a common usage and has instead offered a plethora of appellations including: subterranean; hidden; grey; shadow; informal; clandestine; illegal; unobserved; unreported; unrecorded; second; parallel and black.[2] This profusion of vague labels attests to the confusion of a literature attempting to explore a largely uncharted area of economic activity.

There is no single underground economy; there are many. These underground economies are omnipresent, existing in market oriented as well as in centrally planned nations, be they developed or developing. Those engaged in underground activities circumvent, escape or are excluded from the institutional system of rules, rights, regulations and enforcement penalties that govern formal agents engaged in production and exchange. Different types of underground activities are distinguished according to the particular institutional rules that they violate. Five specific underground economies can be identified:

1.criminal acts

2.the illegal economy

3.the unreported economy

4.the unrecorded economy

5.the informal economy

The “illegal economy” consists of the income produced by those economic activities pursued in violation of legal statutes defining the scope of legitimate forms of commerce. Illegal economy participants engage in the production and distribution of prohibited goods and services, such as drug trafficking, arms trafficking, and prostitution.

The “unreported economy” consists of those economic activities that circumvent or evade the institutionally established fiscal rules as codified in the tax code. A summary measure of the unreported economy is the amount of income that should be reported to the tax authority but is not so reported. A complementary measure of the unreported economy is the “tax gap”, namely the difference between the amount of tax revenues due the fiscal authority and the amount of tax revenue actually collected. In the U.S. unreported income is estimated to be $2 trillion resulting in a “tax gap” of approximately $450–$500 billion in loses to the Government.

The “unrecorded economy” consists of those economic activities that circumvent the institutional rules that define the reporting requirements of government statistical agencies. A summary measure of the unrecorded economy is the amount of unrecorded income, namely the amount of income that should (under existing rules and conventions) be recorded in national accounting systems (e.g. National Income and Product Accounts) but is not. Unrecorded income is a particular problem in transition countries that switched from a socialist accounting system to UN standard national accounting. New methods have been proposed for estimating the size of the unrecorded (non-observed) economy, but there is still little consensus concerning the size of the unreported economies of transition countries.

The “informal economy” comprises those economic activities that circumvent the costs and are excluded from the benefits and rights incorporated in the laws and administrative rules covering property relationships, commercial licensing, labor contracts, torts, financial credit and social security systems. A summary measure of the informal economy is the income generated by economic agents that operate informally. The informal sector is defined as the part of an economy that is not taxed, monitored by any form of government, or included in any gross national product (GNP), unlike the formal economy. In developed countries the informal sector is characterized by unreported employment. This is hidden from the state for tax, social security or labour law purposes but is legal in all other aspects. On the other hand, the term black market can be used in reference to a specific part of the economy in which contraband is traded.

Pricing

Goods acquired illegally take one of two price levels:

They may be cheaper than legal market prices. The supplier does not have to pay for production costs or taxes. This is usually the case in the underground economy. Criminals steal goods and sell them below the legal market price, but there is no receipt, guarantee, and so forth.

They may be more expensive than legal market prices. The product is difficult to acquire or produce, dangerous to handle or not easily available legally, if at all. If goods are illegal, such as some drugs, their prices can be vastly inflated over the costs of production.

Black markets can form part of border trade near the borders of neighboring jurisdictions with little or no border control if there are substantially different tax rates, or where goods are legal on one side of the border but not on the other. Products that are commonly smuggled like this include alcohol and tobacco. However, not all border trade is illegal.

Public Education through Civic Exchange & Adult Learning:

It is important that public become aware of what is going on around them so people are able to make informed choices to safeguard their livelihood and survival and participate effectively in policy making for electioneering of Responsible public leaders with integrity.

Judy Miriga
Diaspora Spokesperson
Executive Director
Confederation Council Foundation for Africa Inc.,
USA
http://socioeconomicforum50.blogspot.com

—
Karibu Jukwaa la www.mwanabidii.com
Pata nafasi mpya za Kazi www.kazibongo.blogspot.com
Blogu ya Habari na Picha www.patahabari.blogspot.com