Word: mbeki
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Dates: during 1990-1999
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...President Thabo Mbeki?s government is committed to fiscal discipline in order to attract desperately needed foreign investment, but its constituents are under mounting pressure in an economy showing no more than 2 percent growth ?- and suffering painful blows in such key sectors as gold mining. "The increase demanded by the striking workers really isn?t much more than the inflation rate," says TIME South Africa bureau chief Peter Hawthorne. "The government may be forced to compromise and tighten the belt in other areas, such as military expenditure." Absent the moral authority of retired president Nelson Mandela, Mbeki may find...
...than three times the U.S. rate--and 50,000 new HIV cases emerge each month. Drug prices tend to be high, a holdover from apartheid, when price premiums were needed to encourage foreign companies to override sanctions. Says Mojanku Gumbi, an adviser to South Africa's new President, Thabo Mbeki: "This is not about intellectual property rights. It's about pricing structure and segmenting of markets. We are saying that the drug companies can't make the same profits they made under apartheid...
...THABO MBEKI New South African Prez puts Zulu rivals in Cabinet. Almost as saintly as predecessor...
...Thabo Mbeki, South African President Inheritor, Thinker, Crowd-Pleaser...
...Mbeki?s emphasis on social inequality reflects a widespread sense among his party?s support base that the remarkable national reconciliation authored by Mandela has done little thus far to alleviate the grinding poverty suffered by the black majority even as most white people enjoy lifestyles equivalent to those of the middle classes of the industrialized world. As much as half of the black population is unemployed and 9 million black people earn less than a dollar a day, while the average black salary is only one tenth of the average white salary. So while it remains committed to private...