by CWIM | Jul 25, 2016 | Current, Economics
In response to the financial crisis in 2008, reserve banks in the developed world reduced their interest rates to the lowest levels on record. In fact, some of the interest rates have gone into negative territory. Slashing the interest rates is a classical response to...
by CWIM | Sep 4, 2015 | Current, Economics
In a series of short articles, I will write about how to run a government that encourages economic growth with stable policies, something that is much needed here in South Africa.In this article I write about a buzzword that has been making headlines courtesy of the...
by CWIM | Aug 12, 2015 | Current, Economics
Eskom presented their latest financial results yesterday. To a surprise of many, they produced an annual profit of R3,6 billion. Although in general a profit is what you would want a company to produce, in this case it raises serious questions about the management...
by CWIM | Aug 7, 2015 | Current, Economics
“South African retirement plans that are designed to provide you with “a pot of money” at retirement have completely the wrong focus, a Harvard professor and Nobel prize winning economist currently on a visit to South Africa, says.”By Laura du PreezRead...
by CWIM | Jul 21, 2015 | Current, Economics
Once again, Greece has been bailed out, and taken on more debt provided by the other European countries and in return have promised to implement reforms. The Greek politicians hate the deal, but have agreed to implement it. However, they should at least try and...
by CWIM | Jul 2, 2015 | Current, Economics
The Greek debt crisis has been dragging on for so long that it seems an eternity. They have almost been as long in a crisis mode in the European monetary union as “out of crisis mode”. Considering that the debt burden is 340 billion Euro, they have a serious question...
