One of the paradoxes of Africa over the last century has been the continuing crushing poverty that has afflicted so many citizens in so many resource-rich African countries. The barriers that prevent the cash raised by the extractive sectors in those countries from genuinely flowing into development projects have been many and various, but chief among them has been the cloak of secrecy that has surrounded deals between African governments and multinational mining companies.
Each week QFINANCE.com brings you five things to look out for in the week ahead (22-04-2014). Essential news that will shape the week and help you keep ahead in the world of business and finance.
Each week QFINANCE.com brings you some of the biggest news stories from the past five days (April 11 – 17, 2014) in finance and business – essential reading to keep you up to date with the latest topics.
Consultants are taking over the world, and while this is good for them and their bottom line, it isn’t good for team satisfaction or indeed corporate effectiveness. What I'm referring to is the gradual and insidious influence of consultant-speak: saying 100 words where 10 will do, and generally making transparency and clarity the enemy of their objectives.
Europe’s renewed sense of hope and confidence, however encouraging, is not sufficient – at least not yet – to produce appreciable welfare gains for current and future generations. A few things need to happen rather quickly – specifically, over the next several weeks and months – if the continent is to minimize the risk of slipping into another prolonged period of under-performance and additional asymmetrical downside financial risk.
Each week QFINANCE.com brings you five things to look out for in the week ahead (14-04-2014). Essential news that will shape the week and help you keep ahead in the world of business and finance.
How do you stop corporate and private graft and corruption, when both have become endemic and are regarded as simply a normal way of doing business? You shine a light on the dark places so that misappropriations, under-pricing, outright theft and shenanigans of all descriptions become visible. When the people can see what is going on, they pressure the politicians for action and everyone involved starts to behave themselves rather better going forward than they have in the past.
Each week QFINANCE.com brings you some of the biggest news stories from the past five days (April 4 – 10, 2014) in finance and business – essential reading to keep you up to date with the latest topics.
No country in recorded history has grown as fast – and moved as many people out of poverty – as China over the last thirty years. A hallmark of China’s success has been its leaders’ willingness to revise the country’s economic model when and as needed, despite opposition from powerful vested interests. And now, as China implements another series of fundamental reforms, such interests are already lining up to resist. Can the reformers triumph again?
Just as I feared I was beginning to sound like a stuck record blathering on about central banks and what their role should be, I noted the consistently excellent “Buttonwood” column in The Economist this week suggesting that central banks will be financing governments on a permanent basis.