Bafokeng king spends R10m on his coronation

The dazzling ceremony, which cost more than R10-million according to George Khunou, project executive of the Royal Bafokeng administration, saw a disappointing 15 000 crowd leave rows of empty seats in the 45 000-seater stadium.

Khunou said transport difficulties and tight security had made it difficult for many to make it into the stadium. However, some locals, who declined to be named, said there was widespread disapproval in the community of the elaborate ceremony.

"It is very expensive, and they have used people from Johannesburg, there are shacks close to the royal palace where children are naked and hungry. This is not good," a young man said.

http://www.mg.co.za/Content/l3.asp?ao=19168

I figure R10 = US$1,360,000 which is a lot for a starving country on 1 party.

Not only are the children naked and hungry they are used as slaves and prostitutes. Visit a country and see for yourself.

http://darker0darker.tripod.com/

to film it.

I haven't heard of the Royal Bafokeng before and
that is excessive use of funds IMO.

when none of the money spent is going to locals.

corruption.

Most third world countries lack the strong economic institutions needed to grow. They lack reliable courts, property rights, law enforcement. In this environment, the strong take advantage of the weak. This is a perfect example.

Of course the west doesn't help. Whenever aid money flows into a country, self interested western bankers are there to tell the local government officials how to siphon some off and put it in their banks.

Its really very sad. :-(