(June 16, 1999) Nigeria’s new president, Olusegun Obasanjo, has announced a series of steps to shake up the country since coming to power three weeks ago, ending more than 15 years of military rule.
A new deal for Africa: Rooting out looters: Nigeria new president aims for debt relief
(June 15, 1999) Muriel Olaiya lives more comfortably than most Nigerians. For a start, her husband has a job. It pays for the extras that make the difference between living and simply surviving in Lagos.
Nigeria’s debt: President-Elect makes pledge to Jubilee 2000 to fight corruption
(May 24, 1999) The President-Elect Olusegun Obasanjo has made an impassioned plea to the West for “substantial and immediate” relief on the country’s estimated $34 bn external debt.
The debts of corruption
(May 10, 1999) A global movement is asking Western nations to forgive ‘odious’ debt extended to despotic regimes. The cause has merit, but opposition is building.
IOU – Take the hit
(May 1, 1999) Banks and governments knew perfectly well what they were doing when they lent money to prop up despotic regimes. Now, says Joseph Hanlon, it’s their turn to suffer the consequences.
Unforgivable: South Africa’s aparthied debts
(April 24, 1999) Debt is the new slavery. It is heartless to expect democratic third-world governments to repay loans made years ago to their nasty dictatorial predecessors.
Free Nelson Mandela
(April 20, 1999) When Nelson Mandela walked from prison seven years ago, it marked the success of one of the biggest grassroots international campaigns. Working together, we freed Nelson Mandela.
Institute against writing off apartheid debt
(March 6, 1999) The South African Institute of Race Relations says that it is misleading to label all the government’s debt as “apartheid debt” and that there is no real case for calls being made for the debt to be written off or regarded as “odious.”
World banks’ dirty SA loans
(March 3, 1999) Some of the world’s biggest banks propped up the apartheid regime in its dying days, lending it billions of dollars. Now the new government is saddled with the debts.
We can’t wipe out debt, says government
(November 4, 1998) The government responds to pressure to wipe out the ‘apartheid debt’ by arguing that it’s not technically feasible. Critics say it is.
Truth and Reconciliation Commission report excerpt
(October 30, 1998) South Africa’s Truth and Reconciliation Commission (TRC) yesterday accused the country’s business sector of helping to sustain apartheid and called for financial contributions from business to make up for past injustices.
Big names join campaign
(October 20, 1998) Prominent South Africans have joined a campaign to scrap the apartheid debt before the millennium, says Jubilee 2000 organiser Neville Gabriel
Debt creating aspects of export credits
(August 1, 1998) Export Credit Guarantees should, as a rule, only be extended for development purposes. However, increases in export credit guarantees seem to reflect an exporter-driven drive for business, rather than a borrower-driven need for funding.
Lesotho water transfers- no cause for celebration
(February 24, 1998) Today marks the inauguration of the first water supply from Lesotho to South Africa. However, it is not a day to celebrate.
Don’t repay unjust debts
(December 12, 1997) If South Africa is serious about reconciliation and justice, we need to look creatively at the burden of debt incurred by the previous government.


