Hate globalisation? Try localism, not nationalism

By Kevin Albertson It hardly needs saying, but there are changes afoot in the political economy of the world. Where there is globalisation, there are globalisation protestors. This is nothing new, but it is becoming mainstream.
Posted On 20 Nov 2017

Rand slightly weaker as dollar regains lost ground against the euro

The rand was slightly weaker on Monday morning, as the local currency was unable to hold on to the gains made on Friday, when it firmed below R14 to the dollar.The dollar regained lost ground against the euro.
Posted On 20 Nov 2017

How inequality became the big issue troubling the world’s top economists

By Steve Schifferes Every three years, all Nobel Prize winners in economics are invited to gather in the tranquil setting of the German island of Lindau to meet a selection of bright young economists and discuss the state of their profession. But this year such tranquility was...
Posted On 17 Nov 2017

How Africa can negotiate an effective continental free trade area agreement

By Calestous Juma — African countries are forging ahead to complete negotiations for a continental free trade area between 55 countries by early next year. The idea, adopted by the African Union in 2012, is to create a single market which includes the free movement of...
Posted On 16 Nov 2017

Can effective customer service save Nigeria’s sliding economy?

Arcodding to the African Development Bank (AfDB)’s latest African Economic Outlook Report, Nigeria’s economy last year (2016) slipped into recession for the first time in more than two decades.
Posted On 15 Nov 2017

Zuma TV interview is bad news for rand

The rand was trading at over R19/£ and edging towards R17/€ on Tuesday morning ahead of what is likely to be a stormy day for currencies.
Posted On 14 Nov 2017

Bonds slip as rand hits R14.50/$

South African bonds were weaker shortly before midday on Monday, as fears over SA’s fiscal deficit weighed on the market.The rand hit an intraday low of R14.5279/$, and was last seen at this level in November 2016.
Posted On 13 Nov 2017

Rand slightly firmer as volatility subsides

The rand was relatively firmer on Wednesday morning, showing early signs of stability after two weeks of extreme volatility.Short-term catalysts were few and far between, but developments around planned US tax reforms appeared to catch traders’ attention.
Posted On 08 Nov 2017

Why the private sector’s hype about the African middle class isn’t helpful

By Henning Melber The African middle class is of huge interest to business. This was confirmed again recently by well attended seminars in South Africa’s big cities to discuss “African Lions: groundbreaking study on the middle class in sub-Saharan Africa”.
Posted On 07 Nov 2017

SA: Bonds weaker as rand remains under pressure

South African bonds were a little firmer on Tuesday morning while the rand remained under pressure.
Posted On 07 Nov 2017