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Building Africa’s Moral Capital

Mutumwa Mawere writing in the African Heritage Society:

Africa’s future belongs to builders. Our civilization has evolved and contemporary African civilization is dualistic with one part based on laws and other institutions underpinned by a market system and another that is based on what can be described as African norms, traditions and custom...I have come to the inescapable conclusion that business development is unsustainable without moral capital investment.This view is not only supported by my personal experiences but by the notion that markets and morals evolve together and are, therefore, aspects of the spontaneous order of any society.
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