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Satchu's Rich Wrap-Up
Monday 24th of August 2020

A new c21st that we find ourselves in. There is a luminous and Fairy Tale feel to life

''You felt the land taking you back to what was there a hundred years ago, to what had been there always.” ― V.S. Naipaul, A Bend in the River

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Epidemiology has striking similarities to digital virality. @tomaspueyo

Eg, the Transmission Rate R in epidemiology is very similar to the k-factor in digital products' virality.

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The R depends on: @tomaspueyo

1. The number of contacts spreaders have

2. What % of these get infected

3. What % of these infect others

4. How fast that entire cycle happens.

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Similarly, in product virality, the k-factor depends on: @tomaspueyo

1. The number of viral messages users send

2. What % of these start using your product

3. What % of these become viral too

4. How fast that entire cycle happens.

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Democracy differential: When Malians, Ivorians, or Cameroonians do the same, no one takes their pain seriously @CelestinMonga
Law & Politics

Democracy differential: when people of #Belarus launch a courageous quest for #democracy the world gets behind them: UN and EU emergency meetings, tough #sanctions, 24-hour media coverage, etc. When Malians, Ivorians, or Cameroonians do the same, no one takes their pain seriously

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Supporters of the junta filled Independence Square in the capital, Bamako, Many of them sang, danced, tooted vuvuzelas and waved banners thanking the mutineers.
Law & Politics

“It’s a scene of joy. God delivered us from the hands of evil, we are happy, we are behind our army,” said a 59-year-old farmer who gave his name only as Souleymane.

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“If today, certain elements of our armed forces want this to end through their intervention, do I really have a choice?” @mailandguardian @thecontinent_
Law & Politics

Mali’s political crisis has been brewing for several months. Massive protests (above), led by Imam Mahmoud Dicko (right) had left President Keita’s authority hanging by a thread. Ultimately, it didn’t take much to bring it crashing down. But it is far from clear whether the military intends to deliver the kind of change that civilian protesters have been demanding – or even if they can hold on to power.

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The 75-year-old IBK is yesterday's man as Mali's politicians and soldiers look beyond him for a way to stabilise the country. @Africa_Conf
Law & Politics

Quite a feat considering the weeks it took to say anything about Zimbabwe.

Hey you, AU, is your job to protect people from authoritarian regimes or to protect authoritarian regimes from their people?

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10 NOV 14 : African youth demographic {many characterise this as a 'demographic dividend"} - which for Beautiful Blaise turned into a demographic terminator

What’s clear is that a very young, very informed and very connected African youth demographic [many characterise this as a ‘demographic dividend’] – which for Beautiful Blaise turned into a demographic terminator – is set to alter the existing equilibrium between the rulers and the subjects, and a re-balancing has begun.

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Global R remains around 1, as cases remain steady. #COVID19 @video4me

India³, which has led the global cases for some time, is still gently accelerating.

>40%: British Virgin Islands²⁰³

>10%: Uganda¹³¹

>5%: Lebanon⁸⁴ Namibia¹⁰³ Trinidad and Tobago¹⁵⁹ Dominica²⁰⁴

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J'aimerais vous proposer une nouvelle représentation du nombre de cas de COVID-19 en France. @eorphelin

Elle fait la distinction entre différentes classes d'âge, et permet de comprendre l'évolution du profil des malades.

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Currency Markets At A Glance WSJ
World Currencies

Euro 1.1798

Dollar Index 93.195

Japan Yen 105.86

Swiss Franc 0.9121

Pound 1.3092

Aussie 0.7168

India Rupee 74.865

South Korea Won 1189.965

Brazil Real 5.6234

Egypt Pound 15.9297

South Africa Rand 17.1214

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Headed for total disaster. @TaviCosta
World Of Finance

A clear trend of worsening fiscal disorder since the break of the gold standard in 1971.

How does it all end?

Colossal monetary dilution. 

None of us own enough gold.

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The continent-wide daily average was 10,300 last week, down from 11,000 the week before, Dr. @JNkengasong said @medical_xpress

South Africa has seen its number of daily confirmed cases fall from a peak of over 12,000 to an average of 5,000, driving the drop in the continent-wide average.

"For sure our deaths... are not as high as in other parts of the world," he said, noting that official data put the fatality rate at 2.3 percent and there was little evidence this figure was off-base.

"We are beginning to be comforted with that number," he said.

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South Africa #COVID19 UPDATE 22 AUG • 3,707 new cases. Daily doubling rate = 113 days • Active cases = 89,931 @rid1tweets

• 3,707 new cases. Daily doubling rate = 113 days

• 30,560 tests conducted. Daily test positivity rate = 12.1% Chart with downwards trend

• 144 more deaths

• 4,025 additional recoveries today

• Active cases = 89,93

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Power corrupts. But how? @mailandguardian @thecontinent_
Law & Politics

For decades, African politics has been synonymous – not always fairly – with presidents overstaying their welcome. We’re all too familiar with the dictators, and the strongmen (and yes, it’s always men). The constitutional coups. The third terms, and the fourth terms, and the fifth and sixth and seventh.

Yes, we’re looking at you, Paul Biya. Yoweri Museveni. Teodoro Obiang. Denis Sassou Nguesso. Idriss Deby. Isaias Afwerki. Paul Kagame. Ismaïl Omar Guelleh. Faure Gnassingbé. And those are just the presidents who are currently overstaying their welcome. Others had to be removed by force; or until death qualified them for the Great Presidential Palace in the Sky.

But after eight years of observing his counterparts, he understands the seductive power of the trappings of office: the hotels, the private jets, the bodyguards, the fawning hangers-on. He calls it,  with a note of contempt, being drunk on power.

“Once you are there, and you’re in power, all the attention you get, all the benefits and everything – human reaction is you get used to it.”

But for Buyoya, the problem is not too much power, but too little. “You see in Africa, the most difficult thing is [the president] has a lot of responsibility, a lot of challenges, but sometimes even if you have the power you feel powerless. Especially when it comes to doing things in the economic area. This has been my frustration with power.”

When Buyoya looks at leaders who linger in office, he does not see power, or strength. He sees weakness. He sees leaders who stay not because they want to - but because they have no other choice.

“Of course leaving power is somehow dangerous. You go, you take responsibility, you think you’ve made real progress, but some years later people are still trying to harm you. It was happening to me in 2003. I was accused of plotting, and put on trial. This is the political risk.”

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Extraordinary “pastoral letter” signed by the Zimbabwe Catholic Bishops’ Conference. @mailandguardian @thecontinent_
Law & Politics

Extraordinary “pastoral letter” signed by the Zimbabwe Catholic Bishops’ Conference.

“Fear runs down the spine of many of our people today,” the letter read. “Is this the Zimbabwe we want?”

The letter went on to detail the multilayered crises facing the country right now: the economic collapse, the deepening poverty, the chronic food insecurity, the rampant corruption and the heavy-handed crackdown against all forms of opposition.

The bishops were unequivocal in assigning blame: “We feel that the government is focused on things other than national democratic priorities. This amounts to dereliction of duty.”

Although only about 10% of Zimbabweans identify as Catholic, the Church has always wielded an outsize influence in the political sphere (former president Robert Mugabe was Catholic.

The letter, therefore, represented an unprecedented attack on President Emmerson Mnangagwa’s adminstration which promptly responded in kind.

An apoplectic Information Minister Monica Mutsvangwa targeted the Archbishop of Harare, Robert Christopher Ndlovu, saying that the cleric suffered from “nauseating mental amnesia” and was “evil” and “a coward”.

She added: “[The letter’s] evil message reeks with all the vices that have perennially hobbled the progress of Africa. It trumpets petty tribal feuds and narrow regionalist agendas so that it can sow seeds of internecine strife as a prelude to national disintegration.”

President Mnangagwa has summoned the Vatican’s envoy to Zimbabwe, Archbishop Paolo Rudelli, to explain whether Zimbabwe’s bishops are supported by the Pope.

Rudelli, meanwhile, visited the Archbishop of Harare on Sunday in a show of solidarity, according to Vatican News

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ICYM: President Museveni tells Police trainees that the SFC beat Bobi Wine, "he was beaten properly, in the right way", while in Arua.@MwesigyeWalter
Law & Politics

Over 4000 Police officers were passed out after completing training at the Kabalye training School in Masindi on Friday. Video: UBC

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Callstreet's @GeorgeBodo who predicts non-performing loans could rise to 20% by the end of the year @AfricanBizMag
Kenyan Economy

A mid-level manager at United Bank of Africa (UBA) told African Business on condition of anonymity that he had received numerous calls asking about the health of the economy, the strength of local banks and whether or not to withdraw deposits. 

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Jomo Kenyatta died on 22 Aug. 1978 after a heart attack. VP Daniel arap Moi took the oath of office hours after Kenyatta's death. From @Reuters. 1/3 @Unseen_Archive
Law & Politics

AG Njonjo on the process of choosing a new president: 'Kenya is a one party state, and there will be only one candidate.'

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For some days following his death Kenyatta was laid in state in Parliament. @Unseen_Archive
Law & Politics

Here is Oginga Odinga singing lamentations in DhoLuo over Kenyatta's body. It was a remarkably charitable act: Odinga had spent two years in prison on Kenyatta's orders.

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by Aly Khan Satchu (www.rich.co.ke)
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August 2020

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