Latest in Economics
The 21-Mile System Risk
Hormuz is no longer just an oil chokepoint. It is a systems junction transmitting stress from fertiliser and food to semiconductors, capital recycling and gold.
Who Really Captures the Value Inside a Firm?
South Africa’s CEO pay debate is not just about whether executives are overpaid. It is about whether firms can keep concentrating reward at the top while the wage base beneath them remains too weak to support a more inclusive economy — and why weak bargaining systems and macro windfalls often lift executive rewards even further.
Kill Switch
Frontier AI firms are burning through unprecedented amounts of capital in the race for scale, compute and AGI. As the need for durable revenue grows, the state is emerging as one of the few customers large enough to justify the infrastructure. But governments do not buy only productivity tools. They buy security, intelligence and power — raising a deeper question: when ethical AI meets sovereign demand, who really sets the limits?
The First Real Test of South Africa’s 3% Regime
Imported inflation is back on the radar. But the deeper question is whether South Africa’s new 3% inflation target will be defended when the shock comes from abroad — and what bond markets, borrowers and households will infer from that choice.
The Diesel Crisis No One Is Pricing In
The 2026 diesel shock is not really an oil story. It is a systems story about chokepoints, war-risk insurance, Africa’s refining gap, and the fuel that quietly moves food, freight, farming and inflation across the continent.