Xenophobia China centric


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China’s insatiable energy needs could send uranium prices soaring by 900% or more!

Lumwana’s uranium reserves and explorations could not have come at a better time than this for the Zambian Enterprise. Zambian investors and indigenous entrepreneurs also need to take a serious look at how they could profit from this uranium wave. 

No one is in an even better position than Equinox as they exploit more possibilities to add to their bottom line. As the world demand continues to trend in positive trajectories and giant mining companies look for junior buy-outs, we don’t actually see Equinox lasting without a hostile take over …

In February 2001, the commodity price of Uranium sat at its 30-year low of around $7 per pound. Now, just over 6 years later, uranium has risen an astounding 1,700% to an all-time high of $135 per pound.  

The primary force behind this incredible uptrend is simply that uranium stockpiles have declined for several years as escalating demand has far outpaced new supplies.

A key demand-driver is China with its immediate plans to bring 30 new fuel-hungry nuclear reactors online – and the country’s uranium appetite is just getting started. 

China’s rapidly expanding economy demands a vast increase in the capacity of its national power grid. The Chinese government has made an irreversible commitment to nuclear power upon which $TRILLIONS in industrial revenues depend.

With 2 new nuclear power plants slated to go online each year from 2007 through 2020, China knows that its future fortunes cannot merely rely on foreign uranium suppliers – China must own the foreign uranium supplies. 

classy-daddy-3.gifWe saw with our own eyes how the boom copper prices did little to create indigenous wealth and we are looking at how the next boom (the uranium boom) will for once benefit the land from which it emanates.

 The challenge for the Zambian government would be how much of that stake they are going to capitalize on for the benefit of the general populace; that’s this week’s memo from us at the Zambian Chronicle … thanks a trillion.

Brainwave R Mumba, Sr.

CEO & President – Zambian Chronicle

Copyrights © 2007 Zambian Chronicle. All rights reserved. Zambian Chronicle content may not be stored except for personal, non-commercial use. Republication and redissemination of Zambian Chronicle content is expressly prohibited without the prior written consent of Zambian Chronicle. Zambian Chronicle shall not be liable for any errors, omissions, interruptions or delays in connection with the Zambian Chronicle content or from any damages arising therefrom.

Zambian Chronicle is a wholly owned subsidiary of Microplus Holdings International, Inc.

Copyrights © 2007 Microplus Holdings Int., Inc.

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President HE Levy P Mwanawasa SC. was quoted to have said “… each country had its own sovereignty to decide on any matter and Zambia would not allow the establishment of a military base in the country … as Zambia, we will not be giving sanctuary and I think I can speak on behalf of the SADC region that none of us is interested …” 

This was in response to a question as to whether Zambia would welcome the offer from the United States of America to move AFRICOM’s headquarters from Stuttgart, Germany to Zambia under the command of General Ward. The president is believed to have said this before boarding his Challenger Jet for the official opening of the Trade Fair in Swaziland.General William E. “Kip” Ward Deputy Commander, U.S. European Command

General William E. (Kip) Ward is currently Deputy Commander, Headquarters US European Command, Stuttgart, Germany. 

USEUCOM is responsible for the day to day operational activities for US forces operating across 92 countries in Europe, Africa, Russia, parts of Asia and the Middle East, the Mediterranean and most of the Atlantic Ocean.

He (General Ward) was commissioned into the Infantry in June 1971.  His military education includes the Infantry Officer Basic and Advanced courses, US Army Command and General Staff College, and US Army War College. 

He holds a Masters of Arts Degree in Political Science from Pennsylvania State University and a Bachelors of Art Degree in Political Science from Morgan State University. His military service has included overseas tours in Korea, Egypt, Somalia, Bosnia, Israel, two tours in Germany, and a wide variety of assignments in the United States, including Alaska and Hawaii.

According to the official press release from the Pentagon last month, U.S. Africa Command’s (AFRICOM) foremost mission is to help Africans achieve their own security, not to extend the scope of the war on terrorism or secure African resources, a top Pentagon official said.

“The United States spends approximately $9 billion a year in Africa, funding programs in such areas as health, development, trade promotion, and good governance,” Theresa Whelan, deputy assistant secretary of defense for African affairs, told members of the House Foreign Affairs subcommittee on Africa and global health recently.

“In contrast, security-related programs receive only about $250 million a year.”AFRICOM will play a supportive role as Africans continue to build democratic institutions and establish good governance across the continent, she said. “Our security cooperation with Africa is one aspect of our collaboration with Africa, but it is a small part of our overall relationship,” she added.

The Defense Department currently divides responsibility for Africa among three combatant commands: European Command, Pacific Command and Central Command.

AFRICOM, slated to stand up in October, is a three-pronged defense, diplomatic and economic effort designed to enable U.S. government elements to work in concert with African partners without the “bureaucratic divisions” created by a shared command structure, Whelan said.

But why the hostility towards AFRICOM?

Whelan addressed the “many misconceptions” about AFRICOM’s structure and purpose.

“Some people believe that we are establishing AFRICOM solely to fight terrorism or to secure oil resources or to discourage China. This is not true,” she said. Though violent extremism is “a cause for concern and needs to be addressed,” countering this threat is not AFRICOM’s singular mission, she said.

“Natural resources represent Africa’s current and future wealth, but in an open-market environment, many benefit,” she continued. “Ironically, the U.S., China, and other countries share a common interest — that of a secure environment in Africa, and that’s AFRICOM’s objective.“AFRICOM is about helping Africans build greater capacity to assure their own security,” she added.

The United States does not seek to compete with or discourage African leadership and initiative, Whelan said. Rather, AFRICOM will benefit it its partners on the continent prevent security issues from escalating without U.S. intervention.

“U.S. security is enhanced when African nations themselves endeavor successfully to address and resolve emerging security issues before they become so serious that they require considerable international resources and intervention to resolve,” she said.

U.S. Africa Command also will support other U.S. agencies in implementing other programs that promote regional stability, Whelan noted, calling AFRICOM an “innovative command.”

Unlike other commands, AFRICOM will be staffed by a large number of State Department and U.S. Agency for International Development members, including a senior Foreign Service officer to serve as the military commander’s civilian deputy. This deputy will plan and oversee the majority of AFRICOM’s security-assistance work, she said.

Are the reasons for rebuffing the offer valid?

We are sure that the president and his advisors have looked at this issue with different eyes and are probably right in their assertions but the issue of speaking for SADC and or on behalf of others in the Sub-Saharan region is what led Zambia into poverty once.

President Kenneth Kaunda despite so many accolades made serious mistakes by believing that all other heads of state in the Non-Aligned Movement were on the same page. For instance, while Kaunda declared sanctions against South Africa, Botswana and Namibia were trading freely with the Boers but always wore a different face when in his company. Their economies thrilled and ours suffered.

It is common knowledge that most African leaders tend to discourage each other in public about such offers while in the dark of the night make arterial overtures at respective US embassies when no one is watching. We would not even be surprised if other nations were in the forefront discouraging Zambia, all the while eagerly waiting for such an offer themselves.

But why Zambia? Because it already has initial capacity …

It is currently common knowledge that the newly elected Liberian president has been heavily lobbying the US State Department so the US can establish the AFRICOM in her country.

However, the US government thinks that Liberia may not be the best fit since its population is unskilled and the transition may take longer due to human resource reasons while Zambia is very favorable in every aspect feasible. When it comes to the issue sovereignty, we are hoping that the president simply misspoke.

The largest military base in Europe is in Germany and that country has the third largest economy in the world. Former Chancellor Schroeder was a serious opponent of the Iraq invasions even.

Japan houses the largest US base in Asia Pacific – Guam, it is the world’s second largest economy and is usually very vocal against the United States as can be proven with the Kyoto Agreement. South Korea has US military base and still a sovereign nation. Eight of the world’s most prosperous nations house US military bases and are very sovereign.

Is the Xenophobia China centric?

Could be … China is investing heavily on the continent and its investments are taking other developed nations by storm. It is believed that by 2009, the Chinese economy could surpass Germany’s making it the third largest in the world.

With China’s huge demand for natural resources, it is investing now so that it can have a greater steak when it comes time to control means of production and could be in the forefront of propagandizing for its national interest.The United States on the other hand is very interested in Africa as well. It is believed that almost 25% of oil and gas to that country will be coming from Africa soon. This is a very important economic apparatus for the world’s largest economy. Overall, if you are going to spend $9 billion a year of your own money for humanitarian purposes, you would want to keep an eye on it … Our suggestion to the president is that he looks at this proposal with an open mind, other African leaders could be saying all they can because of nothing but jealous. They could be doing things that are derogatory because they were not asked first and China could be worried that with AFRICOM housed in Zambia, it might not be able to exploit the Zambian workers the way it like to …

As for our sovereignty, we are a sovereign nation; no one can take that away from us, and we really aren’t offering sanctuary to the Americans, they can do a lot of things without our permission if they wanted to.

They already own 9 out of 10 deep space technology stations around the world; they are the world’s indispensable super power and it is no wonder European leaders first visit the US immediately after they are elected.

When Angela Merkel became the German Chancellor, guess where she went first after her victory, when Nicolas Sarkozy won the French presidency this summer he went to the United States before taking his victory tour holiday. Tony Blair’s successor Gordon Brown went to Camp David even before he issued his desire to work with HE Levy P Mwanawasa, SC.

Whether we like it or not, AFRICOM will be established in Africa somewhere, that somewhere better be Zambia and if not, why not? US Commands are already in place on three continents in different sovereign nations.

AFRICOM comes with added value to our enterprise and the economic benefits as well as prestige derived therefrom surpasses all else; that’s the memo from the Zambian Chronicle … thanks a trillion

Brainwave R Mumba, Sr.

CEO & President – Zambian Chronicle

Copyrights © 2007 Zambian Chronicle. All rights reserved. Zambian Chronicle content may not be stored except for personal, non-commercial use. Republication and redissemination of Zambian Chronicle content is expressly prohibited without the prior written consent of Zambian Chronicle. Zambian Chronicle shall not be liable for any errors, omissions, interruptions or delays in connection with the Zambian Chronicle content or from any damages arising therefrom.

Zambian Chronicle is a wholly owned subsidiary of Microplus Holdings International, Inc.

Copyrights © 2007 Microplus Holdings Int., Inc.

(below in the comment line is an except from Dr Wafula Okumu Head, African Security Analysis Program, Institute for Security Studies, Pretoria, South Africa, testimony given to the House Committee on Foreign Affairs, Subcommittee on Africa and Global Health, “Africa Command: Opportunity for Enhanced Engagement or the Militarization of U.S.-Africa Relations?” August 2, 2007)