By Nicolan Reddy Korean-born health expert Jim Yong Kim was chosen by the board of the World Bank as its new leader. The 52-year-old won in a decision that, for the first time in World Bank history, was not unanimous. “The final nominees received support from different member countries, which reflected the high calibre
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By Njabulo Nkosi It is a known economic truth that oil runs the world. It is the fuel driving the engine of the world economy and global progress. Vehicles, operating equipment, gasoline, textiles, entertainment commodities, food-producing equipment and 6000 other essentials (many used to generate energy), according to Ranken Energy, are dependent on oil. When
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By Njabulo Nkosi “Come home and invest in Zimbabwe, as the opportunities are there now,” petitions Zimbabwe’s Prime Minister Morgan Tsvangarai. This is the troubled country’s latest call for increased and rapid Foreign Direct Investment (FDI) in its previously struggling economy. Share
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By Njabulo Nkosi The much debated Gauteng e-tolling system will commence on April 30 despite Cabinet yet having to approve changes to the law that gives SA National Roads Agency Ltd enforcement powers on the freeway, Minister in the Presidency Collins Chabane said. The e-tolling is not aimed at affecting the poor.However, mass proposed COSATU
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By Njabulo Nkosi “To infinity and beyond,” is an affirmation made by Toy Story’s eccentric main character, Buzz Light-year. This assertion holds true for the innovation, creativity and market dominance of Apple. Time magazine reports that $503 is the closing price of one share of Apple as of 13 February 2012, the first time the
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By Megan Ellis Last year, the global community stood up against the elite and demanded that wealth be more fairly distributed. And while awareness about the unequal balance of wealth increases, people look to those with political and financial power to help alleviate the global crisis. Share
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By Njabulo Nkosi It is a sobering thought to know that you will have all the cash you need at the right time you need it. However, there are times that people require the equity they need for something they need to purchase. They may secure the money they need by stealing the money or
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By Njabulo Nkosi Being a student is not an easy thing especially when it comes to budgeting and managing your finances. In the face of this difficulty, Ed Ewing of the Guardian UK, gives some sound 10 tips on how to stretch your student budget. (Revised to apply to Rhodents) Share
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By Njabulo Nkosi “Work hard in school, get into a good university, then go work for another person, and retire at 65 into financial security”. This is what Robert .T. Kiyosaki, author of the bestseller Rich Dad, Poor Dad, was told when he was young. Ever heard these words and been convinced that they are
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By Brendan Ward The eurozone is teetering once again on the brink of economic disaster as the spectre of the debt crisis returns, causing shares and markets globally to fall once again. The overhang of debt in Greece, along with worrying signs in Ireland, Italy, Portugal and Spain, raises a number of serious concerns for
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