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By Roelof Horne Is the Zimbabwe settlement a cause for celebration? The answer is “yes”. But unfortunately, the yes is a whisper, not a roar. The people of Zimbabwe needed peace, and a power-sharing government should ensure that. For that, we celebrate with all Zimbabweans. But the Zimbabwean economy needs more [...] More on this topic (What's this?) Zimbabwe Inflation Rate (Wealth Daily, 12/2/08) Zimbabwe Ben Slows Down (Skeptical CPA, 11/12/08) Forget Japan, America Could Soon Look More Like Zimbabwe (Contrarian Profits, 12/3/08)
By Cees Bruggemans For over six years now, counting from mid-2002, the Rand has been 95% of the time in 6-8:$ territory. Can that kind of stability continue indefinitely? Not really, finding ourselves today at 7.80-8.00:$, with a likely persistent current account deficit of 7%-8% of GDP (much closer to Kiwi’s 8% [...]
This weekend my “daytime” job – executive chairman of Cape Town-based investment management firm, Plexus Asset Management – requires my undivided attention to put a very exciting deal to bed. The bad news for my readers is that time does not permit compiling an edition of “Words from the Wise” today. [...] | |||||||||||||||||||||||||
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