Big changes are needed if Africans are truly to benefit from the rich resources of their own continent. But those changes have begun, and I am optimistic about what the future holds.
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A South African appeals court issued a decision last week that greenlights a merger between Massmart, one of the largest retailers in the country, and...
Even in countries where the law clearly states that the public interest must be protected in large mergers, global trade agreements give corporations the upper hand, or at least give government authorities an excuse to ignore their own laws.
For all its high-toned statements about sustainability, Wal-Mart's backroom practices in Argentina should be vivid enough to scare away any nation tempted by the "live better" motto.
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