@SovereignDebtCon

Official Twitter account covering the Sovereign Debt Conference and Development in South Africa; 28th and 29th October 2018

[Fighter 🇵🇸 🇸🇩 @NalediChirwa]

This guy asked how does economic exclusion cause GBV in a tone so patronising!!! Yaz when you're getting lessons from Black Womxnon a topic you're not informed on, that requires that they get triggered to assist your shows with content production, you must be fucking sensitive!!!

[Health-e News @HealtheNews]

.@NalediChirwa is conflicted about the issues of class that are being raised at the summit and believes the current government is not capable of leading. #GBVSummit

[@SovereignDebtCon @SovereignDebtC1]

🙆🏾‍♀️🙆🏾‍♀️🙆🏾‍♀️🙆🏾‍♀️🙆🏾‍♀️

[Fighter 🇵🇸 🇸🇩 @NalediChirwa]

So Nicholas Ninow the rapist is being taken to Weskoppies for psychiatric evaluation... White privilege. White privilege. White privilege.

[Palesa. † @Pali_Matli]

Rep PALI rep!!!

[federico bonaglia @FBonaglia]

Glad to have @OECD_Centre participating in this conference on sovereign debt in #Africa. Important to have informed conversation to dispel myths but also raise awareness on risks to prepare adequate responses. The #AfDD report gave views on major trends, macro & structural issues

[@SovereignDebtCon @SovereignDebtC1]

How do we salvage Southern Africa from this crisis? We have inherited colonial institutions but we have not mastered how political parties/ people in parliament vote based off the will of the party leaders, particularly in Southern Africa where liberation movements are allies.

[@SovereignDebtCon @SovereignDebtC1]

Seychelles - dealing with debt well. Recommendations need to be based off facts. Zim has one of the highest tax to GDP and it is doing a lot to clear its debt. Its difficult to make recommendations on these matters in a vacuum because alot is being done. #AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

Political immaturity. There are things we can be political about and some things we can be magnanimous about. The solutions to the problem are there but there is no political will or commitment for parliament. #AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

Zimbabwe - Challenges are created by polarization between ruling party and opposition parties supported by civil society. This makes it difficult to engage International institutions with a united front. #AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

An example is made about how state capture in RSA and how Zuma wanted to make deals with Russia that would damage the economy. The former Finance Minister Nene said no. Documents were signed either way but the point is how all this boils down to individuals.
#AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

Recommendations from the room:
Zimbabwe has limited options in mobalisong resources and is caught in a debt trap even though its rich in natural resources. Investors are simply not investing. How can Zim mobalize for resources?

#AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

What space is there for civil society to intervene? How can citizens take government to court? Can the courts or the prosecutors do anything about it? What powers do parliamentarians have to hold the executive to account?

#AfricaDebt

[Verdade Democracia @DemocraciaMZ]

Interessante resposta do Deputado Edson Macuacua sobre as dívidas ilegais #Proindicus #EMATUM #MAM @SovereignDebtC1 #Africadebt

[@SovereignDebtCon @SovereignDebtC1]

Tibana: How do we mitigate the consequences and how do we avoid people doing it in the future. How do we make sure that there is a higher level of transparency and accountability between heads of states and members of parliament?

#AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

MP Edson Macuacua from Mozambique takes the floor and provides his comments.

#AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

Shipalana on Policy Recommendations: We must start borrowing from our domestic debt markets (i.e stock exchanges). We must establishDebt Management Offices, find innovative financing options and achieve sound economic fundementals/ economic diversification. #AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

Shipalana: Rwanda has a Debt Management Committee that oversees government's expenditure and debt management.

#AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

Ms Palesa Shipalana, Head of Economic Diplomacy Programmes from South Africa Institute of International Relations giving a presentation on debt management strategies.

#AfricaDebt

[@SovereignDebtCon @SovereignDebtC1]

"Why are we so obsessed with private sector financing being the center of the solution? These solutions have failed before. Most OECD countries relied on public finances." #AfricaDebt