Archive for the ‘Investment’ tag
Notes 01-07-08
- Musings from Parselelo Kantai in The Africa Report on the state of the nation in the wake of last December’s elections and the tragic ensuing events. His article “Now the Hard Part” opine that the deep chasm between the ruling class and wananchi will continue to be a significant obstacle to progress on every front. Thought provoking.
- Yes those petro-dollar driven SWFs are indeed piling on influence as fast as cash. This article (free registration required) in the transcendent McKinsey Quarterly has a detailed analysis of the scale of how $140 per barrel oil is having effect on world investments. Closer to home, tales of new ventures actualised in a most determined of manner only illustrate the measure of liquidity in the GCC and other oil exporters. A major international bank is also reportedly looking to these funds for salvation.
- Word that another stock brokerage might be having problems has one inevitably wondering if this is more than just teething troubles.
- All the best to this chap, LiveQuotes is true ingenuity.
Zimbabwe’s a buy
Michael Orme makes a compelling case for why this is perhaps the most apt time to invest in Zim. The man is by no means immortal and can clearly lose an election. Sooner or later he will leave and when that happens, as Mr. Orme argues, opportunities abound.
Right from a diaspora returning home with US$2-3 billion to the mother of all Marshall Plans that will surely be mounted by the Bretton Woods institutions et al, his article continues to make a strong case for investing in Zim yesterday. A reminder though that charity’s got nothing to do with it is perhaps most aptly indicated in the sentence;
“[...] providing…Zimbabwe’s 12m people with lifestyles beyond subsistence offers even juicer prospects.”
Capital doing what it does, brutally.
Another one that must whet the appetites of the bonus chasing fund managers is the following assertion;
“If ever there was a group mesmerised by money, afflicted with status anxiety and a craving for conspicuous consumption, it is the tens of millions of well-off newly middle class in the black populations of South Africa, Nigeria, Kenya and Ghana.”
Indeed. How else does one explain Hummers?