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2008 :
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Global Markets – 1st quarter
2008 : Electricity – now a rare commodity
in SA?
“Load shedding” and “blackouts”
are words now used with frustration on a daily basis
in South Africa. Nobody is immune to these frustrations
and none can escape them. Most of us have a “load
shedding” table handy at all times, having
learnt how to make sense of them in a hurry. It
would help enormously, of course, if the “load
shedding” was implemented according to the
table. [ More... ]
- Global Markets – 2nd quarter 2008
: Food prices in crisis
Did you read the article titled “World
Food Riots Spread” that was published in the
Business Times in April? We found it enlightening
and rather disturbing. The article
confirms that global leaders have been raising serious
concerns about the food crisis for some time…
“while there is no crisis facing people in the
rich countries like Britain, Japan, and the United
States, millions of people in the developing world
(and this includes South Africa) have to spend up
to 80% of their total family incomes on food. The
World Bank estimates that 33 countries around the
world face unrest because of food and fuel price rises.”
[ More... ]
- Global Markets – 3rd quarter 2008
: The widening income disparity in South Africa is
a cause for concern
The Business Day recently published an article, based
on research that had been done by the Bureau for Market
Research at Unisa, which reported that “income
disparities in SA have widened in the past two years,
boosted by more rapid growth in high-income earners…”
[ More... ]
- Global Markets – 4th quarter 2008
: The credit crisis – how it all began
When the rumblings of the sub prime credit crisis
first emerged in August last year, nobody envisaged
the extent to which this would unfold and later become
the catalyst for a crisis within financial markets
and banking systems around the world. A recent article
by Kevin Lings [Economist at Stanlib], based on research
by Paul Krugman [2008 Nobel Prize winner for economics]
and the Institute of International Finance, explains
in five steps how the crisis has unfolded. [ More...
]
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