THE BLACK BUSINESS JOURNAL


BARACK OBAMA named USAfrica MAN of the YEAR



U.S President-elect OBAMA named USAfrica MAN of the YEAR.
December 22, 2008: Houston-based USAfrica and USAfricaonline.com, assessed by The New York Times as the most influential African-owned, U.S-based multimedia networks, have named U.S President-elect Barack Obama as the 'USAfrica MAN OF THE YEAR.'

Obama who is the first African-American and bi-racial leader of the country is featured on the cover of two special international editions of the USAfricaCLASS magazine.

In the 'USAfrica Man of the Year' essay, USAfrica's Founder and Publisher Chido Nwangwu highlights the point that: "The contemplation of the fact that Obama's presidency will start January 20, 2009 through the majesty of the American ballot box is transformative and unleashes trans-generational implications and values for America and the world. In many ways, Obama has truly turned the pages of America's social, cultural and political history to unprecedented spheres. He has shattered many shibboleths of racial discrimination and dismantling several wedges against aspirational quests. Obama and those who voted for him have elevated America's image and perception across the entire world, especially across USAfrica's core editorial, public policy and business constituencies of Africans and Americans."

Obama's recognition is the second time USAfrica is naming its Man of the Year in its 15 years of pioneering bi-continental multimedia works. It is worthy of note that that the first recipient in 1994 is Dr. Nelson Mandela, former President of South Africa and Nobel Prize winner. Photos:Getty and Obama campaign/2008/Digital Graphics and cover design by Chido Nwangwu. To subscribe to CLASSmagazine and get the special Obama editions, click on any of the cover images, above.


COUNTDOWN TO January 2009 INAUGURATION: OBAMA is 44th President of the U.S
 Special to USAfricaonline.com, USAfrica The Newspaper, Houston, CLASS magazine and The Black Business Journal

www.PhotoWorks.TV : Our community's digital domain for your pictures and special events

On the Prof. Chinua Achebe project, log on to www.Achebebooks.com •• CLASS magazine 'the Ebony magazine for Africans in north America'
With Nov 4 presidential election, Obama turns the pages of America's history. By Chido Nwangwu, Publisher








This is the website of the BLACK BUSINESS JOURNAL (BBJ), a standard size glossy publication (8.5x11). The BBJ focuses on issues with business, financial, public policy and technological implications for African-Americans and others who do business across our communities in the U.S., and in some key issues, internationally. Currently and through 2007, we're publishing online, except for special editions covering supplements and advertising features. Contact info: e-mail: BlackBusinessJournal@Gmail.com or News@BBJonline.com
8303 Southwest Freeway, Suite 100, Houston, Texas 77074. Office 713-270-5500. cell direct: 832-45-CHIDO (24436)

Why America should halt the genocide in the Sudan.


National Association of Black Accountants, AICPA seek to expand African-Americans financial literacy. The National Association of Black Accountants Inc. and the American Institute of Certified Public Accountants recently announced the launch of Money $ense.

The program contains five curriculum modules designed to reverse the poor financial forecasts being made about individuals and families within the African-American community. The five modules focus on key financial areas such as credit and debt management, budgeting, financial planning, investing and saving. NABA partnered with the AICPA in the development of Money $ense, utilizing

the AICPA's 360 Degrees of Financial Literacy campaign to help educate Americans on how financial issues affect them at the different stages of their lives, from childhood to retirement. In announcing the program, both organizations pointed to recent statistics that show Americans in general are having trouble saving, and that the numbers are even more alarming within the African-American community.

HEALTH AND BUSINESS
National Black Chamber Opposes New FDA Tobacco Regulations. The National Black Chamber of Commerce (NBCC) has announced that it has submitted testimony to the Senate Health, Education, Labor, and Pensions Committee regarding legislation to increase federal regulation of tobacco products. The bill in question is S. 625, introduced earlier this month by Senator Ted Kennedy (D-MA).

This legislation, giving the Food and Drug Administration broad new powers to regulate tobacco, would affect millions of business owners around the nation. The NBCC, representing a wide variety of African American business owners, is expressing its concern about this bill's impact on small businesses nationwide. In his testimony, NBCC President and CEO Harry C. Alford said, "As written, the bill would represent a threat to every small retailer and distributor of tobacco and related products in the country. As you well know, thousands of such small businesses across the country are Black-owned businesses, and like most small businesses, they are struggling every day to survive in an extremely competitive marketplace. One of the greatest threats posed to the success of small businesses is government overregulation, and overregulation is exactly what S.625 seems to have in mind." SB Informer

USAfricaLOGISTICS: United Bank for Africa (UBA), one of Africa's largest banks, was hosted to a business dinner and mortgage information event in Houston, Texas, on March 28, 2007 at the Hilton Southwest, Hotel. E-mail for further info: ubausafrica@gmail.com. Office: 713-270-5500. Houston event/business roadshow was coordinated by USAfrica LOGISTICS, international special events management, corporate business facilitation and proprietary data-mining arm of USAfrica, serving African and American businesses/organizations. Chido Nwangwu is CEO, USAfrica. Wireless phone: 832-45-CHIDO (24436).
Race May Affect Use of Clot-Busters
HEALTHWATCH
Africa suffers the scourge of the AIDS virus .
Denials about AIDS are damaging the African continent. HIV/AIDS as a security issue. By Dr. Chinua Akukwe
INTERNATIONAL
The Oil Business in Nigeria
South Africa's painful Horror of Baby Rapes

 

Sex and hypocrisy of Gendered Justice

Time Wise
By Chika Unigwe




USAfricaonline.com, first African-owned U.S.-based professional newspaper to be published on the internet, is listed among the world's hot sites by the international newspaper, USAToday. USAfrica has been cited by the New York Times as America's largest African-owned multimedia company. 8303 SW Freeway, Suite 100, Houston, Texas 77074. Phone: 713-270-5500. Cell direct: 832-45-CHIDO (24436)
www.PhotoWorks.Tv : Our community's digital domain for your pictures and special events
On the Prof. Chinua Achebe project, log on to www.Achebebooks.com •• CLASS magazine 'the Ebony magazine for Africans in north America'
Residue of LOTT'S PRO-SEGREGATION views: Trent Lott (R- Mississippi) the Republican Majority leader in the U.S Senate said on Thursday (December 5, 2002) during his tribute to retiring 100-year-old "reconstructed" segregationist and Dixiecrat Senator Strom Thurmond: "I want to say this about my state: When Strom Thurmond ran for president, we voted for him. We're proud of it. And if the rest of the country had of followed our lead we wouldn't have had all these problems over all these years, either." The dominant media has been late, and lethargic in dealing with the issue, and the White House has said Lott has the president's support and confidence "unquestionably."

OPINION
The Touchy Question of Reparations. By Earl Ofari Hutchinson

NEWS: Black-Owned Businesses Increasing with Emphasis on Health, Social Services and networking interests. By Whitney Teal. (NNPA, Washington DC March 2007) - The number of private companies owned by African-Americans is on the rise. (Drawing from) the 2002 Survey of Business Owners, the most recent by the U.S. Census Bureau, businesses owned by Black people now number more than 1 million, more than doubling over a decade. Black business proprietors have experienced an approximate 45 percent gain since the last Survey in 1997 and an increase of about 92 percent since the 1992 survey 10 years prior.

"[African-Americans] are now pooling resources and beginning to understand the power of networking [and] how to market and promote their companies," says Bonnie Rose-Goree, CEO of the Atlanta Black Business Association. But, while the number of businesses has increased, the percentage of the market that African-Americans currently occupy has barely increased. In the 1997 survey Black-owned businesses represented about 4 percent of the total number of businesses. In 2002, the number was 5 percent. By comparison, Latino-owned businesses represent almost 7 percent of the total number while Asian-American-owned companies own about 5 percent.

MONEY
Strategies for Growth: Financial Planning for the Female- and Minority-Owned Business
SPECIAL REPORT: When Your Family's the Boss: How to Survive the Stresses of Working in a Family-Owned Business
NATIONAL INTEREST

 

 

 

 

 

 

Why Martin Luther King's legacy and vision are relevant into the 21st century. By Chido Nwangwu

EMPOWERMENT
'Magic' Johnson tells BBJonline.com: "African-Americans should change and improve our attitudes toward money"
CLASS is the social events, heritage excellence and style magazine for Africans and African-Americans in north America. CLASS has been described by The New York Times as the magazine for affluent Africans in America

RACE AND SOCIETY
A Lott of Racism?
Special to The Black Business Journal

Ignore all the right wing spin and funny talk about "what he meant to say" apologia, factually note what Lott refers to as "all these problems" are voting rights for Blacks and other minorities, equal access to public facilities, equality under the law, anti-racism and anti-segregation achievements and all the civilizational benchmarks of any reasonable, humane society. Somehow, those "problems" are headaches of the supremacists....Lest I forget, it was Mark Twain who, having never met or hoped for a Trent Lott and members of the U.S Congress of the Lott variety wrote with profound insight: "Suppose you were an idiot, and suppose you were a member of congress; but I repeat myself."

Hey, should I repeat myself; nah! Unless the Lotts of racism continue to ruin the promise of America; if they act and think that persons like me are children of a lesser God; if they continue to spit at the glory and blessings of a fruited plain known as God's own country. God bless America! By Chido Nwangwu

APPRECIATION
A young father writes his One year old son: "If only my heart had a voice...."

















David Horowitz's 'Hating Whitey' distorts Blacks and Racism.
You may send Books to The Black Business Journal for review to: CHIDO NWANGWU (Publisher) 8303 Southwest Freeway, Suite 100, Houston, Texas 77074. You may send an extra review copy for two of our related award-winning publications, the ultra-glossy CLASS magazine and USAfricaonline.com. To request the BBJ media kit and editorial calendar, E-mail: BlackBusinessJournal@Gmail.com
INSIGHT
Redefining education strategies in the world
NEWS COMMENTARY
Democrat Expectations of a Failed Bush Presidency may prove wishful thinking. By Earl Ofari Hutchinson
DIGITAL ZONE


Steve Jobs and Apple represent the future of digital living.