Written By Sheila Khama (extracted from a LinkedIn Post) Should Africa’s Citizens, Institutions, NGOs and Governments Be Concerned? @FT reports that on February 11, 2025, the US halted enforcement of the FCPA using Presidential Executive Powers. Introduced by Carter in 1977, strengthened by Obama in 2010-Dodd Frank Act. One provision aimed to curb corruption from bribes […]
USD/ZMW Sigh: A Quick Look At The Road Not Taken…
BY DEAN N ONYAMBU The Market Brain astutely highlights a critical oversight in Zambia’s economic strategy. In 2024, the Bank of Zambia (BoZ) had a unique opportunity to establish a lower USD/ZMW exchange rate baseline. Subdued economic growth dampened import demand, reducing USD requirements and creating a strategic window for action. By deploying excess USD reserves beyond […]
The Ruin Of A Nation Begins In The Home Of Its People
BY DEAN N ONYAMBU Beneath the vast skies of Africa lies a land rich with promise. Its soil holds the potential for abundance, but its fate rests in the hands of those who nurture or neglect it. Progress does not arrive by chance; it emerges from within, shaped by its people’s choices, values, and actions. While […]
Coal
Coal – imagine having a 7bn market cap and you are adding almost half a billion in cash each quarter😂😂 Have been doing this in various roles for over 2 decades – it is important to block out a lot of noise – dear me, there is a lot of noise – even some years […]
Where are the New Cu Opportunities
By Tshepo Magagane Copper – the ore is simply not there and it is going to get worse. And everyone is going “we want PFS projects” – who is going to define them? Why it is an opportunity greater than AI or the shovels that go into it (ie Nvidia) – prospective tenements are there; […]
SAFE Report Review
Analysed By Tshepo Magagane African Capital Pools (no mention in this SAFE report – I should have accosted them in Brussels in Dec like I just did this week in East Africa when I bumped into the AfDB guys) – it is not the 5% of capital I normally quote – it is actually worse [Only […]
Beyond “Unleashing Capitalism”: What The Economist Gets Wrong About Africa’s Green Future
By Savior Mwambwa, A recent article by the Economist entitled The capitalist revolution Africa needs made for an interesting reading. The Economist’s analysis of “The Africa Gap” correctly identifies critical challenges facing the continent but prescribes solutions that risk repeating past policy mistakes. While market dynamism is crucial, evidence from successful development experiences shows that transformative growth requires […]
EV Tax Break May Lure China to $27 Billion South Africa Industry.
Thoughts By Tshepo Magagane I wrote this a year back about SA’s Northern Cape: remember the existing car industry in Pretoria and Gqeberha – I criticise SA a lot but they get things such as localisation, industrialisation right (think Mintek, CSIR, IDC). NB: 2/3 of light vehicle production are exported from the country (EU top […]
Poverty Economics
Thoughts From Tshepo Magagane https://economics.mit.edu/people/faculty/abhijit-banerjee/poor-economics Poverty – too many people without any idea about it have no qualms about prescribing and proscribing policies about it! To get this out of the way – when you say “I am taking risks”, means that you are blessed with privilege and stop talking about this! I grew up […]
What Is In A Valuation: MineCos vs TechCos
By Tshepo Magagane, Executive Director – Pangaea Advisory / Partner – The Critical Minerals Fund Kobold – people who balk at the USD3bn valuation. I wrote about the fact that investors are only willing to pay USD0.05 for every USD1 generated by Mining Companies v Tech Companies (even Argentina’s bonds have never traded that low) […]