Wednesday, May 23, 2018
By William Hauk After spending seven months investigating whether China is engaged in unfair trade practices, the Trump administration announced March 22 that it will impose tariffs on as much as US$60 billion in Chinese imports. The tariffs are meant to address two problems: intellectual property theft by China and a steep and persistent...
By Andrew Schmulow South Africa is preparing the ground to migrate to a new way of regulating its banks and financial markets. Known as the Twin Peaks model, the decision has sparked debate, even controversy. So what is Twin Peaks? And what’s all the fuss about? The name Twin Peaks was adopted in...
By Andrew Quodling Facebook’s founder and chief executive Mark Zuckerberg faced two days of grilling before US politicians this week, following concerns over how his company deals with people’s data. But the data Facebook has on people who are not signed up to the social media giant also came under scrutiny. During...
By Victor Odundo Owuor The growth in mobile money services has created new opportunities for merchants to sell their products and services. One of these is the fast-growing sports betting sector which has taken a number of African countries by storm. What’s further spurred the growth is rapid internet penetration. Consumers now...
By Sarah Joseph Facebook has had a bad few weeks. The social media giant had to apologise for failing to protect the personal data of millions of users from being accessed by data mining company Cambridge Analytica. Outrage is brewing over its admission to spying on people via their Android phones....
By Ben Cousins Smallholder farming has been neglected over the past 23 years of South Africa’s attempt to redistribute land taken away from black people during the apartheid era. Not one farm acquired for redistribution has been officially sub-divided, despite there being no legal barriers to doing so. Instead the country...
Richard Holden It’s not all that often that the semi-annual report titled “US Treasury Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States” is a hotly anticipated document. But against the backdrop of the Trump administration’s views on trade, it was this week. The report was prepared...
By Frik Els Nickel surged to a more than three-year high amid growing fears that Russia's Norilsk Nickel, top producer of the metal, could be the next victim of US sanctions against Russia that has already caused chaos on aluminum markets. Nickel, used primarily in steelmaking, jumped as much as 4.6%  to...
By Steve French The recent kerfuffle over Britain’s post-Brexit passports being made by a Franco-Dutch company exemplifies the level of control that will be “taken back” by the UK government in March 2019. The UK might be leaving the EU, but it will remain a part of the global economy....
Richard Holden I am in Beijing this week, so I will start with important Chinese data. The producer price index (PPI) grew at 3.1 percent for the 12 months to March, down from 3.7 percent for the 12 months to February, according to data from the National Bureau of Statistics....