Ebrahim Patel’s tariff tango leaves consumers clucking – Ivo Vegter
Ebrahim Patel, a self-assured player of economic fate, enacts drastic import tariffs on chicken, touted as protection against inflation.
Ebrahim Patel, a self-assured player of economic fate, enacts drastic import tariffs on chicken, touted as protection against inflation.
South Africa asked the US government to consider an early extension of the African Growth and Opportunity Act.
From the Sahara’s edge to West Africa’s heart: Unraveling the enigmatic journey of the Niger River and its profound historical significance.
The BRICS group of emerging markets — Brazil, Russia, India and China, with South Africa added later — has gone from a slogan dreamed up at an investment bank to a real-world club that also controls a major development bank.
“Goodbye G7, hello G20.” That was the headline on an article in The Economist on the first summit of the Group of 20 in Washington in 2008 which argued that this represented “a decisive shift in the old order”.
Games are invented to create a winner, while depoliticized markets tend to benefit all participants. It’s not a sprint where the first across the line wins.
In our new, deglobalising world, countries that can leverage network power to ensure that they have enough food, fuel and consumer demand will be best off.
“We are stuck with the economic consequences of Minister Ebrahim Patel, in the form of increasing costs for business and a fast drop in competitiveness.”
StanChart forecasts that China will be by far the largest economy in 10 years. In its list of the most exciting economies, SA is conspicuously missing.
An initial five- to 10-year strategic program was adopted at the end of 2014, during a visit by former South African President Jacob Zuma to China.