Women, Entrepreneurship, Africa, Economic Development – The Possibilities

I have a personal philosophy; I believe that you cannot change a society by mere giving – I believe that you change a society by enabling its members to be participants in economic development. I believe that you can only effect sustainable development by building capacities in men and women in ways that will ensure [...]

Read Full Post »

Recession, Economic Recovery, Individual Responsibility

So the Fed Reserve reports that the economy is “slowly” getting better. NFP (Non- Farm Payroll) numbers being released are evidencing better than expected results – that, even considering downward prior month (s) revisions and an increase in government jobs (though temporary because this relates to the upcoming US census) _____ That is good news, [...]

Read Full Post »

Kenya,Uhuru Kenyatta,Treasury, Budget and Typing Errors

So, Kenya’s Finance Minister, Uhuru Kenyatta, has basically issued gag orders for Senior Treasury Officials – no-one is supposed to comment on policy issues, and he, Uhuru, will serve as spokesman, sole spokesman for both the ministry of Finance and the State corporations under it – notwithstanding the fact that those are supposedly autonomous bodies. [...]

Read Full Post »

Futures/ Commodity Markets in Africa – Is there a future for?

I know South Africa, through the Johannesburg Stock Exchange (JSE), and SAFEX (South African Futures Exchange) has a listing for Exchange – traded currency Futures and for Agricultural Futures respectively – and that’s about all I know about Futures Markets in Africa ( because maybe that’s all there is to know?) I strongly believe that [...]

Read Full Post »

U.S Bank Stress Tests

So 19 of the major U.S banks under-went stress tests to determine their capabilities and ability to survive in the event of a worsening recession. These banks hold about two thirds of assets, and more than half of the loans in the US banking system (Source: Bloomberg). The ideal is for common equity to equal [...]

Read Full Post »

Warren Buffet on Moody’s

So – this is a kind of comment/ rejoinder to my post and comments thereafter on and off the blog – mostly off the blog – coz that’s all we seem to talk about these days – Why didnt anyone say something before the Lehmans, Bear Stearns etc began the tumble to being obsolete? Or [...]

Read Full Post »