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 MoreThere is rather more to the electricity price increases granted to Eskom and announced recently by Nersa, the National Electricity Regulator. And it doesn’t make for comforting reading.
Very roughly, Eskom [...]
In my column of Feb 8 – “That Fateful W” – I set out the reasons underlying the deeply felt concerns of a number of eminent economists about the state [...]
Read MoreWithin two weeks South Africans have had to endure two incredibly boring speeches. The first one, JZ’s State of the Nation address, was filled with the usual recollections of the [...]
Read MoreSpeech by the CEO of the South African Institute of Race relations, Mr John Kane-Berman, to the Solidarity trade union.
‘Empowerment which disempowers’
I wish Solidarity every success in its current series [...]
Whether you are a global warming naysayer or protagonist, we are destroying the planet.
The industrial sector must take most of the blame.
Calls for international carbon output restrictions have been hailed [...]
Nouriel Roubini, the New York University-based academic the New York Times ominously baptised “Doctor Doom,” has made it an inconvenient habit of getting it right. Most recently he has labelled [...]
Read MoreAs far back as November last year I discussed on Classic fm (in the State of the Nation programme which I host) the issue of looming price hikes in airline [...]
Read MoreThe local economists’ club is in disarray. They’re at sixes and sevens over what is actually going on. Let’s take a look.
Private sector credit demand just keeps on falling. It [...]