South Africa Vision

The Ukraine crisis has created a new headache for Bangladesh, already encountering multi-dimensional stresses over the last few months due to the chronic gas supply crisis, sky-high prices of oil and gas/LNG in the global market. Russia has attacked Ukraine. The world community has protested the attack with the European Union (EU), USA and UK imposing economic sanctions on Russia as measures to punish the invaders. Some banks of Russia have been cut off from the SWIFT messaging system. On the other hand, the EU countries including the UK are facing a huge fuel supply crisis. How long the war w… Continue reading “UKRAINE CRISIS: IMPACTS NOT YET ASSESSED”

SIR: History shows that politicians do not readily build nations. Kings ruled European nations for almost 2000 years. European nations were hungry and chaotic societies till the Western industrialization which began in England 1770-1850. Also Asian nations were hungry and chaotic nations ruled by kings before they became industrialized. China was described as a hungry and sleeping giant for almost 3000 years till its accelerated industrialization began in 1949. European and Asian kings ruled 2000-3000 years till their nations experience bloody revolutions, suggesting that politicians do not ch… Continue reading “Let’s adopt humbler government”

Kenyans are now spending a fortune on fine wine and champagne as an investment, joining the rest of the world that stores wealth in luxury collectibles. Last year was a particularly good time for luxury beverage makers, with global consumption and investment demand for wine (Burgundy) and champagne rising to 25 and 31 percent respectively. In Kenya, like in the rest of the world, more people are drinking expensive wine, including rare vintages, during the pandemic than they were before, contrary to fears of a demand slump in 2020. There is also a new wave of investment coming into the new wine… Continue reading “Why the rich are buying wine, champagne to keep”