Wednesday, January 16, 2019
Linda M. Richter A country’s wealth goes hand in hand with its Gross Domestic Product (GDP), which is the market value of goods and services over a defined period of time. In contrast, wealth is capital or assets: the tools we have to create GDP sustainably. There are several types of...
Jannie Rossouw R21 billion: that’s how much South Africa’s beleaguered national carrier, South African Airways (SAA), says it needs to keep running. SAA has reached this point in its financial crisis through persistent mismanagement and cronyism, with the SA government as main shareholder refusing to take tough decisions about the company....
Andreas Winkler In the shadow of the pyramids of Giza, lie the tombs of the courtiers and officials of the kings buried in the far greater structures. These men and women were the ones responsible for building the pyramids: the architects, military men, priests, and high-ranking state administrators. The latter...
Stephen Fankhauser & Matt Ebbatson The world is running out of experienced pilots. Supply is not keeping up with the growing demand for air travel. In Australia the effects are already starting to bite.Even flagship carrier Qantas is having problems. In recent months it has had to perform a very...
Jerry Davis On Aug. 2, Apple became the first U.S. public corporation to achieve a US$1 trillion valuation, making it the largest company in the world – by one measure at least. A New York Times article proclaimed that this milestone “reflects the rise of powerful megacompanies” that control a large...
Simon Hull The land reform debate in South Africa has become increasingly polarised since Parliament resolved to consider amending the country’s Constitution to allow for the expropriation of land without compensation. But the slow pace of land reform – a process that aims to address the dispossession of the previously oppressed...
Julia de Kadt  & Alexandra Parker More than 14 million people live in South Africa’s economic hub, the Gauteng City-Region. That’s 25% of the country’s population. A lot of media reporting and public discussion about Gauteng is negative. Service delivery protests are common, high crime rates worry residents and the province’s...
Dirk Kotze South African President Cyril Ramaphosa has changed the country’s political landscape significantly since he came to power in February 2018. This has strengthened his position to carry out his “renewal agenda”. Immediately after his inauguration, he replaced ten cabinet ministers. He also moved those closely allied to his predecessor,...
  Mills Soko The collapse of Steinhoff International, the multi-billion dollar global business group, has been rightly described as the biggest corporate scandal in South African history. The company’s history, and its subsequent evolution and demise, are skillfully told in a new book Steinhoff: Inside SA’s Biggest Corporate Crash, by former journalist James-Brent...
Brendan Markey-Towler Could free units of a new digital currency end up being worth thousands of dollars? Initiative Q, which is aggressively marketing itself on social media, wants you to think so. It urges you to sign up now, and get your friends to do so as well, to maximise the...