Pax Africana Cooperative
Pax Africana Cooperative (PAC) is a government-independent, jointly-owned and democratically run socialist enterprise, or cooperative, of South Africa used to meet the common economic, social, and cultural needs of the community.
Pax African Cooperative was born from the collective joining of owners Esteban Delgado, Leif Archaix, Jizzie McGuire, Deus Ex, Harald Moskon du Robespierre into one stockpiled wealth. This money was used first on August 2, 2008, when Deus Ex bought the quality two Kaja-K food company from Papua-Boys Corporation (the organization account of emonika007), for a bargained 37 gold. The company came stocked with 60 ZAR, licenses to Pakistan and the United States of America, and a history of success as one of only two food companies of its quality in South Africa, it being the highest quality in the country at the time. Delgado and Ex refounded the company as Bong Belly on August 7, 2008 as a public partnership cooperative, and thus the Pax Africana Cooperative was officially in ownership of its first business.
In mid-August, the cooperative extended its services to the banking industry upon exporting Bong Belly food to Pakistan.
PAC is the most active cooperative in South Africa following the inactivity of the national South African cooperatives created by President Bazti.
Pax Africana HoldingsSEK, RON, ESP, IDR, NOK, GBP, and gold.
PA Holdings has been instrumental in the Cooperative's survival and success. The majority of finances have been fruitfully managed by Hireshmont Vellos.
Bong Belly is the largest cooperative enterprise on the South African market. It is a respectable quality three African and Jamaican cuisine company with a sensemilla and I-tal food base menu that caters, dines-in, and delivers food products. Bong Belly has historically been the highest quality food company with the lowest price and highest value per product.
As a cooperative, PAC exists not as a for-profit corporation, but as a non-profit organization of company owners and managers that strive to meet the economic, social, and cultural demands and needs of the South African community. As mentioned by Hireshmont Vellos, a South African economist and economic financier and adviser of Pax African Cooperative, Pax Africana Cooperative functions in a way such as a social service that helps South Africa develop and grow stronger economically and socially. In regards to Bong Belly, Vellos countered an attack on the cooperative by the corporate Croats that dictated South Africa in the month of August.
|“||[Bong Belly] is a free-market entity. It functions "unprofitably," and yet it still grows in production, quality, and value... BB profits by increasing skill of its workers, therefore market share. BB profits by increasing quality, therefore acceptable price and market share. BB profits by creating a more reasonable economy on the whole, therefore making their own stability more ensured.||”|
This is the way Pax Africana Cooperative is run and for what reason it exists as a market organization.
The owners of PAC are the five original citizens of South Africa that each pooled in and contributed capital in order to buy the first company, Bong Belly. They are Esteban Delgado, Leif Archaix, Jizzie McGuire, Deus Ex, and Harald Moskon du Robespierre, and all have common and equal ownership of Pax African Cooperative. They are all employed at Bong Belly and paid under the average salary by 50% to ensure a steady flow of production with the least use of resources while collectively sharing the earnings.
There are other important employees or citizens who are either partial owners or people who provide a service to Bong Belly for the common good. Hireshmont Vellos is a volunteer financier and economic adviser and Brendan E Austerion is a partial owner in training after promising to fund a cooperative action with 15 gold.