business

...why would “loss of generating capacity” kick in only between 17h00-22h00 every day and be perfectly functioning for the other 19 hours? Especially as by 17h00, most businesses are shutting shop for the day, turning off their heaters / air conditioners / heavy machinery?

Two days ago, Netflix posted its first quarter results for this financial year. The share price plunged 31,5% — the biggest one day fall in over a decade.

If you want to know why, consider these headlines:

There’s a lesson that I learned in Economics 101 at Princeton 30 plus years ago: the cure for high prices is...

Yesterday, US president Joe Biden and his acolytes in the EU announced sweeping new sanctions against Russia

An acquaintance of mine has become the southern African partner for nice piece of European technology in the off-grid energy space. He asked me whether I would be willing to spread the word to potential customers, and I responded: "Sure. What's the entry-level price per unit?"

So here we are, on a Saturday afternoon, having a conference call with his German partner who proceeds to tell me about how brilliant his product is and its life expectancy is 20 years or more versus 5 years for the competition before I finally cut him short.

Driving home this evening, I came across a sight which is not unfamiliar to my fellow South Africans: cars parked on the side of the road with "for sale" signs and numbers to call. 

Neither of them had a price tag.

My fellow South Africans, help me understand, why do we do this?

Edcon CEO Grant Pattison reportedly broke down in tears this week on a conference call to suppliers. "We only have sufficient liquidity to pay salaries... which we deem a priority during these uncertain times."

UK Prime Minister Boris Johnson staved off his first rebellion in parliament this week.