Within a historical context, development banks (DBs) have been a critical instrument for governments and administrations to promote and facilitate economic growth. This has traditionally been achieved through providing credit as well as a plethora of advisory and capacity building programs to households, small and medium enterprises and large private corporations, whose financial needs are […]
financial crisis
Posted inBusiness
Capitalism or socialism? We have no choice
It is not surprising that South Africans have trouble thinking straight. The poor live in a state of anxiety and insecurity, while high crime rates have led to a fortress mentality among the rich. Fear and anger permeate our opinions and shape our politics. The haves persist in the shadow of Zimbabwe’s ruin; the have-nots endure, […]
Posted inBusiness, News/Politics
Rebuilding the Eurozone brick by Bric(s)
Europe is in crisis. After a reasonably calm last few months, massaged by a trillion-euro stimulus from the European Central Bank, it seems as if the dark clouds are once again forming over the continent. This comes after the news that Spain’s bond yields have skyrocketed based on concern that the country (which is the […]