Posted inBusinessNews/Politics

Do economic sanctions go against WTO rules?

Economic sanctions are international measures that are usually used as punitive or corrective procedures. When one hears of economic sanctions countries like Russia, Sudan and Iraq come to mind, with the US being the chief instigator of such sanctions. Economic sanctions are penalties applied by a country or countries on another country or countries. Economic […]

Posted inBusinessGeneralNews/Politics

Is it time to nationalise the Reserve Bank?

Every time the Monetary Policy Committee announces interest rate cuts, unions and some sectors of the population immediately jump up calling for the “nationalisation” of the Reserve Bank. One wonders if they do actually have a point. The recent appointment of Lesetja Kganyago as the Reserve Bank governor-designate has re-ignited the debate. During my studies […]