R/€ = 15.76 Change: 0.04
R/$ = 13.57 Change: 0.08
Au 1268.52 $/oz Change: -4.63
Pt 865.50 $/oz Change: 4.18

Riaan de Lange

Riaan de Lange

This economic and trade-focused column is prepared by Riaan de Lange – The views expressed in this column are the author's personal views

South Africa and the rule of three

15th June 2018 So, how do you want to be remembered? As a sinner or a saint; as a hero or a villain? The foregoing two sentences, with the exception of ‘so’, are the opening lyrics of the song by Magic, which derives its title from the opening verse. The thing is, it does not adhere to the rule of three. As a... 

Madness of two, or madness of several?

8th June 2018 It is May 25. Only hours earlier, S&P Global Ratings decided to keep South Africa’s sovereign credit rating unchanged. Two months earlier, Moody's Corporation decided to retain South Africa at investment grade. Depending on your economic inclination, you may well consider these decisions... 

Investing in returns, not in debt

1st June 2018 Data from the JSE, released on May 18, revealed that, since the beginning of the year, investors had sold R493-billion worth of South African bonds and bought bonds valued at R485-billion. It is worth mentioning that bonds are a debt instrument. For the week ending May 18, investors had disposed... 

London calling for those skilled in trade remedies

25th May 2018 As the UK starts to prepare itself for 22:00 on March 29, 2019 – the time and date when it officially leave the European Union (EU) – it is contemplating taking over a number of EU trade competences, also referred to as trade responsibilities. Arguably the most important of these is 'trade... 

You get nothing!

18th May 2018 "You lose! Good day, sir!" The headline and the opening sentence are attributable to Willy Wonka, taken from the title role of the 1971 film, Willy Wonka and the Chocolate Factory. You might well be more familiar with the book Charlie and the Chocolate Factory. Towards the end of the film,... 

It’s déjà vu all over again

11th May 2018 “Do you ever have déjà vu, Mrs Lancaster?” “I don’t think so, but I could check with the kitchen.”, is Mrs. Lancaster’s sincere response to, essentially a sarcastic enquiry from Phil Connors, in the Groundhog Day. Groundhog Day is a situation in which a series of unwelcome or tedious events... 

We should rather have an investment Cabinet

4th May 2018 It was a week that saw the UK agreeing to gift South Africa with £50-million only days after South African President Cyril Ramaphosa, who was in London to attend the Commonwealth Heads of Government Meeting, had launched a new investment drive. Thi is quite a busy sentence, but then it was quite... 

Desperate cases and lost causes

27th April 2018 There comes a time in one’s life when, without a hint of warning, you know yourself. It is a Eureka moment – a time when you can anticipate and even foretell your own reactions and, no matter how hard you may try, there is a consistency, a predictability in your approach. It is the bane of the... 

Just keep it simple

20th April 2018 One of my fondest memories is of my grandfather visiting us in the city from the farm. Those visits were memorable, not because of their regularity – I can count them on the finger of one hand. On one of these visits I thought of treating him by taking him to a coffee shop. How difficult could it... 

These are my principles, but . . .

13th April 2018 My father’s friend is a principled man. In the past, you would have read much into my opening sentence. Only a few days ago, my young son returned from school with a letter. A dreaded letter. In this day and age, any written correspondence received from school on a paper is never a good thing.... 

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