Thursday, July 19, 2018
 Mining and metals stocks came in for more punishment on Tuesday as the trade spat between the US and China escalated amid a war of words between Washington and Beijing. On Tuesday, Donald Trump threatened to impose a 10% tariff on $200 billion of Chinese goods in retaliation for what the US president...
By Dirk Brand Most of South Africa’s 257 municipalities are in a disastrous financial position. According to the country’s Auditor General, only 33 (13%) are in full compliance with the relevant legal requirements, and produced quality financial statements and performance reports. The most recent audit report from Auditor General, Kimi Makwetu, shows...
There’s more to understanding a country’s poverty levels than merely calculating how much or how little individuals earn. That’s why a method called the multidimensional poverty index was introduced globally in 2011. The multidimensional poverty index reflects aggregate levels derived from a number of socioeconomic indicators. These include education, health,...
LONDON - World shares fell and were set to end the week in the red on Friday while the dollar climbed to a seven-month high, as investors braced for a list of Chinese goods targeted in a first round of announced tariffs by the United States. The MSCI All Country World index,...
By Ruth Stewart Rigorous, reliable evidence should be used when making decisions for any society. That’s because the use of evidence helps decision makers to maximise limited resources such as money and expertise. It’s also a way to avoid harm and to select the courses of action that have been...
The latest G-7 summit, held June 8 to 9 in Quebec, was one of the most contentious in years. That’s because Donald Trump and his counterparts from six other industrialized countries have been at loggerheads over the president’s aggressive but unstable trade policy. Trump’s renunciation of the Iran nuclear deal,...
By Sarah Logan Member countries of the East African Community are preparing to simultaneously table the 2018-2019 Budgets in their respective parliaments. In Uganda, finance minister Matia Kasaija will present a 30.9 trillion Uganda shilling (USD$8 billion) budget. Sarah Logan examines the economic context of Uganda’s annual budget and the...
Frank Holmes Ready for inflation? Just days after Treasury Secretary Steven Mnuchin reassured markets that a trade war between the U.S. and China was “on hold,” the Trump administration announced that it would be moving forward with plans to impose 25 percent tariffs on as much as $50 billion worth of...
  The advice to use your head, not your heart, might not be helpful after all. We all make tough decisions, but choices relating to money send many of us running in the other direction. Unfortunately, ample evidence indicates that aversion toward financial decisions leads many of us to put off...
By Bruno Pellegrino Economist Bruno Pellegrino, who has previously written on Italy’s economy, explains what’s going on and why it matters. 1. What’s driving the political chaos? The March 4 election dramatically tilted the balance of power in the country. It was a true political earthquake: The Italian electorate resoundingly rejected the political establishment that...