Being an emerging market is not enough to propel SA’s growth; the country’s productivity needs a jump-start.
With the developed world in the doldrums, emerging markets look set to drive global growth for the next generation. This is lucky for SA because this growth will be resource-intensive, pushing up[...]
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Perhaps we have found a ceiling for financial complexity – where the benefits of risk diversification are outweighed by the information costs. A stockbroker recently told me how surprised he was by the financial literacy of young investors. He had been holding seminars for the public on new, retail-focused[...]
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