Derrick is a banker by day and a freelance writer by night. Although qualified as a CA, he chooses beer counting over bean counting and often finds himself looking at other peoples' shoes rather than his own. Derrick was educated down in the Cape and in early 2006, left the vineyards of Stellenbosch behind to take up a career with one of SA's leading investment banks. Now based in Sandton, he plies his trade in the structured finance division where he borrows from the rich to lend to the poor...Picture a train. Up front we have our Big Boy locomotive, representing the infallible US. Unbeknownst to the economic convoy that follows, our loco enters a dark tunnel of financial [...]
Read MoreThe story below is an extract from an email currently doing the rounds - it attempts to simplify the recent economic crisis by equating the finance world to a local bar. Something we [...]
Read MoreThe economic debate rages on – how fine is that line that a national government should be permitted to walk between facilitation and intervention? Are policy makers justified in taking [...]
Read MoreThere is an old Bible saying that was later remixed into a catchy church song. It goes a little something like this: “The wise man built his house upon the [...]
Read More$700,000! And because local is lekker, that equates to roughly R5,250,000! No matter what currency you choose to express your wealth in, that is a lot of money! A listed [...]
Read MoreAl Gore’s controversial ‘An Inconvenient Truth’ provided us with a first glimpse into a world where the possible dire consequences of climate change become a reality. Unchecked, rising global temperatures could [...]
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