Onselen Three Wise Monkeys

The Making of an African Economic Tragedy
1. Auflage 2023
ISBN: 978-1-77619-245-8
Verlag: Jonathan Ball
Format: EPUB
Kopierschutz: 6 - ePub Watermark

E-Book, Englisch, 256 Seiten

Volume 1 of Three Wise Monkeys explores the Portuguese colonisation of Mozambique, and the gradual transformation of the colony into a reservoir of cheap labour, first during the Atlantic slave trade and then during the rise of the voracious Rand mining industry. Mozambique became locked into financial dependence on South Africa. The South African mining industry came to own significant parts of the harbour infrastructure of Lourenço Marques. The mining industry's insatiable appetite for pit props gave rise to a globalised trade in timber flowing in from the US, Scandinavia and Australia via new shipping lines to the port of Lourenço Marques. After World War I, the South African gold-mining industry and Mozambique's weak 'central bank', the Banco Nacional Ultramarino, operating alongside the South African Reserve Bank, a branch of the Royal Mint and the Rand Refinery, effectively controlled the economic fortunes and destiny of South Africa's neighbour. Mozambique was colonised twice over - first by Portugal and then by South Africa.

CHARLES VAN ONSELEN is the author of several award-winning books, including The Fox and the Flies, Masked Raiders, The Night Trains and The Seed is Mine, which was voted one of the hundred best books to come out of Africa in the 20th century. He has held visiting fellowships at Cambridge, Harvard, Oxford and Yale universities and has been Research Professor in the Centre for the Advancement of Scholarship (CAS) at the University of Pretoria for the past two decades.

Autoren/Hrsg.

Onselen, Charles Van