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Zim economic woes a ‘demon’ that can’t be touched, says central bank governor

by sundelbolong | May 21, 2020 | Business & Finance News

Reserve Bank of Zimbabwe governor Dr John Mangudya has likened the southern African country’s ongoing economic woes – including running inflation and a currency in free fall – to a demon that can’t be touched, but can be felt. On 1 January 2019, the...

Investec calls for an acceleration of lockdown easing

by sundelbolong | May 21, 2020 | Business & Finance News

Banking group Investec, which expects bad debt costs to more than double because of the Covid-19 crisis, says South Africa should accelerate the easing of the lockdown. Speaking to Fin24 after the release of the Investec’s annual results to end-March, group...

Khaya Sithole | A spotlight on the fragility of the labour market

by sundelbolong | May 21, 2020 | Business & Finance News

Given their relative positions in US political history, you would struggle to find many parallels between Bill Clinton and Donald Trump. Whilst Clinton’s philandering before and during his presidency was a source of great anxiety and embarrassment; it failed to...

DEEP DIVE | What the West can learn from China

by sundelbolong | May 21, 2020 | Business & Finance News

This is the second of a three-part series. Read the first instalment here. Given the current global turmoil, it is all the timelier to ask: “What will world politics and economics look like by 2030?” Will the dominant narratives still be the interlocking...

BEE a disservice to South Africa’s economy – Moeletsi Mbeki

by sundelbolong | May 21, 2020 | Business & Finance News

Black Economic Empowerment has not added any value to the South African economy and should be scrapped and replaced with a more integrated business development policy, according to political economist Moeletsi Mbeki. Mbeki, a long-time critic of the legislation –...
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