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Showing posts from January, 2025

THE CARVING UP OF THE DRC ! LE DÉPÉÇAGE DE LA RDC !

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MANAGEMENT BY FEAR DOES NOT PRODUCE GOOD RESULTS ! LE MANAGEMENT PAR LA PEUR NE PRODUIT PAS DE BONS RESULTATS !

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    English version   In this video, we can see Prime Minister Raymond Ndong-Sima chastising civil servants and threatening to sack them from their jobs if they do not comply with what he wants. We are sorry to say, but this is an outdated way of managing people; this is an antiquated method that can only lead to disaster.   In Gabon and elsewhere, too many managers are constantly using fear as a way to try to obtain the best from their subordinates. They think that by threatening people, they would motivate them. Not only is this management style lazy, it's completely ineffective because people always want to be appreciated and respected by their superiors. There's a way that people could be motivated without the use of fear. This doesn't mean that managers can't have difficult and direct conversations with subordinates. However, there's a way to do it while still showing confidence in subordinates. Nobody likes to be treated like a child.   Goo...

RAYMOND NDONG-SIMA SPEAKS! RAYMOND NDONG-SIMA PARLE!

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HOW COUNTRIES GO BROKE! COMMENT LES PAYS SE RUINENT !

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ALBERT ONDO-OSSA SPEAKS! ALBERT ONDO-OSSA S’EXPRIME!

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THE CANDIDATE BRICE-CLOTAIRE OLIGUI-NGUEMA! LE CANDIDAT BRICE-CLOTAIRE OLIGUI-NGUEMA!

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EXPLANATIONS FROM FITCH RATING AGENCY! LES EXPLICATIONS DE L’AGENCE DE NOTATION FITCH!

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    English version   In recent months, Fitch and Moody's Rating agencies have lowered Gabon's credit rating. These agencies they that they took this action due to Gabon’s increased liquidity risks and its weakened fiscal position.   For Fitch specifically, in January 2025, they downgraded Gabon's Long-Term Foreign-Currency (LT FC) Issuer Default Rating (IDR) from 'CCC+' to 'CCC'.   The reason was that Gabon had increased liquidity strain, including high external amortizations, limited regional debt market access, and a lack of large official creditor financing.   ·          High external amortization generally refers to a situation where a significant portion of a country's debt repayments are directed towards paying down principal borrowed from external sources (like banks, bondholders, or other lenders). ·          Amortization is the gradual repayment of a ...

IN GABON, BEGGING IS ENCOURAGED AND MAINTAINED! AU GABON, ON ENCOURAGE ET ENTRETIENT LA MENDICITÉ!

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LESS THAN A MONTH AGO, THEY SWORE TO US THAT GABON WAS DOING WELL ECONOMICALLY! IL Y A MOINS D’UN MOIS, ILS NOUS JURAIENT QUE LE GABON SE PORTAIT BIEN ÉCONOMIQUEMENT!

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IT'S CLEAR, ALAIN-CLAUDE BILIE-BY-NZE WILL RUN! C’EST CLAIR, ALAIN-CLAUDE BILIE-BY-NZE SERA CANDIDAT!

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IN GABON, MILITARY RIGOR DICTATES THAT THEY APPOINT FIRST, THEN, IF THE SOCIAL NETWORKS REPORT AN ANOMALY, THEN THEY CHECK ! AU GABON, LA RIGUEUR MILITAIRE VEUT QU’ON NOMME D’ABORD, ENSUITE, SI LES RÉSEAUX SOCIAUX SIGNALENT UNE ANOMALIE, ON VÉRIFIE !

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THE CANDIDACY OF BRICE-CLOTAIRE OLIGUI-NGUEMA, AS SEEN BY RFI! LA CANDIDATURE DE BRICE-CLOTAIRE OLIGUI-NGUEMA, VUE PAR RFI !

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SÉRAPHIN AKOURE-DAVAIN HAS BEEN APPOINTED FOR BRICE-CLOTAIRE OLIGUI-NGUEMA'S CAMPAIGN! SÉRAPHIN AKOURE-DAVAIN A ÉTÉ NOMMÉ POUR LA CAMPAGNE DE BRICE-CLOTAIRE OLIGUI-NGUEMA !

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BRICE-CLOTAIRE OLIGUI-NGUEMA'S CASTING ERROR! L’ERREUR DE CASTING DE BRICE-CLOTAIRE OLIGUI-NGUEMA !

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CANDIDATE BCON SURPRISES HIS POTENTIAL OPPONENTS! LE CANDIDAT BCON SURPREND SES POTENTIELS ADVERSAIRES !

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WE WARNED YOU, BRICE-CLOTAIRE OLIGUI-NGUEME IS IN A HURRY TO BE INDUCTED! NOUS VOUS AVIONS PRÉVENU, BRICE-CLOTAIRE OLIGUI-NGUEME EST PRESSÉ DE S’INTRONISER !

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GABON IS A DISSONANT COUNTRY! LE GABON EST UN PAYS DISSONANT !

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      English version   What is dissonance? In science, that is to say in the academies, dissonance is a lack of harmony between colors, principles or character traits. But dissonance also exists in politics; in that it expresses a difference between what politicians tell us and what we see with our eyes and hear with our own ears.   ·                      On December 16, 2024, the heads of state of the CEMAC countries met urgently in Yaoundé, Cameroon and in a press release, announced that the economies of the states of the zone were in serious danger of crisis; It was necessary to act as quickly as possible to avoid the worst. •              Back in Gabon, the next day, that is to say on December 17, 2024, Mays Mouissi, then Minister of Economy and Charles Mba the still Minister of Pub...

LUC BENGONO-NSI IS A NATIONAL TREASURE! LUC BENGONO-NSI EST UN TRÉSOR NATIONAL !

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UNFORTUNATELY, WHEN WE LISTEN TO THE MEMBERS OF THE GOVERNMENT, WE ARE MORE WORRIED THAN REASSURED! MALHEUREUSEMENT, QUAND ON ÉCOUTE LES MEMBRES DU GOUVERNEMENT, ON EST PLUS INQUIET QUE RASSURÉ !

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THE 1000 COWS ARE IN NDENDE, BUT WHAT IS THE BUSINESS PLAN FOR THIS PROJECT? LES 1000 VACHES SONT À NDENDE, MAIS QUEL EST LE PLAN D’AFFAIRE DE CE PROJET ?

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      English version   The business plan is defined as a document describing and presenting a project. It is the economic model of a project. It is a very important tool to prove the feasibility, viability and profitability of a project. Do the projects in Gabon have business plans?   We have seen 1000 cows arrive from Brazil; but despite the very superficial explanations provided by Prime Minister Raymond Ndong-Sima, the Gabonese people are still wondering what these cows will be used for? How will they be profitable?   Rwanda is categorized as a low-income country by the World Bank and ranks 160 out of 189 countries on the Human Development Index (World Bank, 2021; UNDP, 2021). Approximately 82% of the Rwandan population lives in rural areas and 56.5% lives below $1.90 purchasing power parities per day (World Bank, 2021).   According to the 2020-2021 Annual Report of the Rwandan Ministry of Agriculture and Animal Resources (MIN...

IN A DEMOCRACY, THERE ARE NO CALLS FOR CANDIDACY! EN DÉMOCRATIE, IL N’Y A PAS D’APPELS À CANDIDATURE!

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    English version   The presidential election is the heart of the political system in real democracies. This election itself is preceded by a double selection. Candidates are first nominated by their political party, according to internal party procedures. For systems with two main parties such as the one in the United States, the two candidates who emerge from the intra-party primaries face each other for the presidency and the winner will be elected president of the United States. In the French system, the selection of candidates by their party is followed by a first round of the presidential election that serves as a filtering and sifting of all candidates into two finalists for the second round. At the end of this second round, the president is elected.   In the two cases that we describe above, at no time have you read that there is an ostentatious mechanism of calls for candidacy by large marches during which a candidate is implored to run. No, ...

WHEN YOU GO TO DINNER WITH THE DEVIL, YOU HAVE TO MAKE SURE YOU HAVE A LONG SPOON! QUAND ON VA DÎNER AVEC LE DIABLE, ON DOIT S’ASSURER D’AVOIR UNE LONGUE CUILLÈRE!

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      English version   To dine with the devil, you need a very long spoon, reminds us an old saying. Here, to dine with the devil is to accept to associate with what one considers to be evil, it is to accept to adopt a behavior that goes against one's own values. The long spoon, on the other hand, symbolizes the need to stay as far away as possible from evil, because even when they are your friend, the devil remains fearsomely dangerous; they can attack you at any moment. Those who often forget this adage end up in the belly of the beast!         Version française   Pour dîner avec le diable, il faut une très longue cuillère nous rappelle un vieux dicton. Ici, d îner avec le diable c’est accepter de fréquenter ce que l’on estime être le mal, c’est accepter d’adopter un comportement qui va à l’encontre de ses propres valeurs. La longue cuillère par contre, symbolise la nécessité de se tenir le plus loin possible du mal...

MAYS MOUISSI TAKES STOCK; UNFORTUNATELY HE WAS NOT MINISTER OF TAX COLLECTION! MAYS MOUISSI FAIT SON BILAN ; MALHEUREUSEMENT IL N’ÉTAIT PAS MINISTRE DU RECOUVREMENT FISCAL!

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      English version   Since he arrived at the Gabonese Ministry of Economy, we have been warning Mays Mouissi, in the posts of this blog, that the economy of a country is not just about tax collection. He did not want to understand it because his communication from start to finish was to declare every month that his services were collecting ever-increasing amounts. But he never really talked about the Gabonese economy.   In his handover speech, Mays Mouissi once again dwelt on his record on tax collection. As they say, he died with his ideas. The tax and customs services were cited as having done a good job under his leadership, but his field of competence should have extended to all sectors of the country's economy, that is to say: the financial sector (banks), the budgetary sector (the forecasting of state expenditures), the productive sector (companies and the production of wealth) and finally the fiscal sector (the collection of taxes and dut...