A plutocracy (from Ancient Greek πλοῦτος (ploûtos) 'wealth' and κράτος (krátos) 'power') or plutarchy is a society that is ruled or controlled by people of great wealth or income. It can be considered a specific form of oligarchy (rule by the few) where the ruling few are wealthy. The first known use of the term in English dates from 1631. It is not rooted in any established political philosophy.
As many Tanzanians continue to process and come to terms with what happened on election day, in one of her most anticipated speeches, President Samia Suluhu Hassan warned that the violent unrest on October 29 has undermined Tanzania’s credibility with foreign development partners, prompting the...
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