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World Bank elects new leader

  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, …

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The power of oil

Empty Tank

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, …

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Zimbabwe open for business

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.

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The reality of e-tolling

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 …

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