#Macrodrama

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Zimbabwe Cash Crisis: The Rand Option

The Zimbabwe cash crisis: illustrated. And how to adopt the Rand.

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money and its technological failures

Money and its technological failures

Over the last few days, Zimbabwe’s mobile money system, Ecocash, has struggling to stay online. For non-Zimbabweans, it is hard to appreciate the scale of this problem. Zimbabwe’s economy is involuntarily cashless – which means that the primary methods of payment are debit cards, bank transfers, and mobile money. But for a country that is largely […]

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south africa rand

The Global Rand

The Rand as a proxy for China - and not what you want to be in a trade war.

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Zimbabwe Cash Crisis

The Zimbabwe Cash Crisis: how do we solve it?

To solve the Zimbabwe cash crisis, we can do better than bringing back the Zimbabwe dollar. What about bringing back two of them?

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land expropriation

Land Expropriation: Once Expropriated…

You have to keep it expropriated. And that is not so easy.

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the ramaphosa cabinet

The Ramaphosa Cabinet

This cabinet makes me feel good.

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The SA Budget 2018

The budget that we expected, but not the one we needed.

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sona 2018

SONA 2018: A Concerned Review

There's a lot of policy going on here. Does the feel-good factor cover all of it?

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capitec bank

Capitec v Viceroy #backoftheenvelope

Re-doing some calculations. And all the anecdotes.

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cryptocurrencies

Can cryptocurrencies replace national currencies?

The short answer is no. The longer answer involves a prisoner's dilemma.

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