economy

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

I’m doing a bit of light reading this afternoon. (Well, it’s actually a hefty volume that weighs about 4 kilograms.) HVDC Power Transmission Lines Book is an Eskom publication from November 2021 and a copy has landed on my desk, courtesy of one of the principal authors.

If you’re wondering why on earth I would be interested in High Voltage Direct Current transmission; and — more importantly —why you should care, let me give you some bullet points.

Chinese companies are talking about delisting from US stock market...

Russia’s currency, the Rouble, has plummeted 24% against the US dollar over the past 5 days

Putin is in a far stronger position than Biden.

There are only two things we need to know to understand why, but I’m going to give you eight reasons.

I’m sitting in a hotel room in Harare, Zimbabwe, and engaging in a bit of a gedankenexperiment. Here’s the scenario:

1. Almost 10% of Zimbabwe’s official GDP comes from expat remittances; most of this from South Africa in rands.

All I knew about Maersk until today is that most of the shipping containers on trucks travelling Africa’s longest dual carriage freeway from Durban to Johannesburg bear their logo. Then I saw the announcement of their financial results for 2021.

There was much schadenfreude among financial journalists this week after Facebook’s holding company’s share price dropped by 26%.