For a discipline that is supposedly rational, finance has had its fair share of irrational crazes. For example, the dotcom bubble and the collateralized debt obligation craze that led to the global financial…
South African President Jacob Zuma just escaped a bid by some of his senior colleagues in the governing ANC to remove him.
REUTERS/Rogan Ward
It is common to reduce the politics of the ANC to a battle between personalities. A closer look suggest that this is a fight between two factions, both of them products of trends in the economy.
The South African economy just narrowly escaped a credit rating downgrade but it is not in the clear yet.
Reuters
South Africa is breathing a sigh of relief after escaping a credit rating downgrade. But there are still serious concerns around structure of the country’s economy and finances.
Members of House Standing Committee on Economics should be asking the directors of Australia’s Big Four banks (not the CEOs) different questions, if they really want the right answers.
Commonwealth Bank of Australia CEO Ian Narev attends the parliamentary inquiry into the banking system.
AAP Image/Lukas Coch
Business Briefing: fixing culture in banking and finance
The Conversation19,7 MB(download)
"Banking culture" has drawn a lot of scrutiny this year, after several high-profile scandals. But Professor Paul Kofman says there isn't much evidence for how to intervene if there's a problem.
Donald Trump doesn’t represent as much uncertainty for markets as you might think.
Koeberg power station, in Cape Town, is the only nuclear power station on the African continent. South Africa is considering a proposal to build more such power stations.
EPA/Nic Bothma
People from South East Asian countries are less likely to default on their mortgages because of a culture of financial assistance from families, new research shows.
Young people see their financial future as their responsibility, but they need to be comfortable talking about it, new research shows.
Dan Peled/AAP
Young people actually take responsibility for their own financial decisions but they fail to learn from their parents about how to handle money, new research shows.
The RBA noted the forecast large increases in supply in some inner-city apartment markets as a concerning risk.
Mick Tsikas/AAP