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Posts published in “Business”

Tito marshals us to higher interest rates

It is rare for private-sector economists and Cosatu to agree on anything. But, they have jointly criticised the decision of the South African Reserve Bank…

Classic price-control crisis

Browsing the website of the state-owned electricity producer, Eskom, where "loadshedding" schedules are published, is a depressing pastime for a sunny Friday afternoon. It's a tale of woe that underscores the truth of the classic economic argument that if you control prices, you'll get only shortages for your efforts.

Will a single African currency succeed?

There has been much talk recently about creating a monetary union within the African Union that would lead to all members having one single currency.…

What’s the frequency, Zuckerberg?

On Friday I read a rumour that Facebook would be launching a possible iTunes competitor. Since then the rumour has evolved and claims a more…

eBay: How big can you go?

eBay is a notoriously dominant property in the online auction/marketplaces space, where the market value of an item is uncertain. The most significant element of…

Back to basics (Economics 101)

The inspiration for this post came from the fact that I’m busy outsourcing software-development work to Russia now, given that I can’t find the skills…

Beware the business blog: Seven ground rules

These guidelines for business blogs were written in early 2006, but still apply: 1. Blogs are forever — or at least their content can be…