AYABONGA CAWE: History of trade is about internation hostility and contestation

AYABONGA CAWE: History of trade is about internation hostility and contestation

SA has levied dumping duties on the US since the early 1930s. BL Premium A “stay of execution” for a few more days, a friend said last week, for Washington to consider Pretoria’s tariff offer. The relationship has come to this. Suspense, drama and anxiety. It has not always been like this. Business Day economics […]

AYABONGA CAWE: SA ignores the metallic elephant in the room

AYABONGA CAWE: SA ignores the metallic elephant in the room

SA-made steel is plagued by chronic rather than episodic over-capacity, involution, weak demand and narrowing outlets for export BL Premium I spent all of my school life before university in a traditional Eastern Cape English boys’ school, being fed the fare of Dickens, Kipling, Golding, Salinger and the other classics. Yet I only recently came […]

AYABONGA CAWE: Taxpayers will foot the bill if Thames Water is renationalised

AYABONGA CAWE: Taxpayers will foot the bill if Thames Water is renationalised

Utilities are capital-hungry behemoths, whose return cycles are atypical of profit-maximising firms. More than half of the sewer works of British utility Thames Water receive more waste than they can reasonably handle. Population growth and a decades-long crisis of underinvestment risks the continued existence of this operation tracing its roots to the early 1600s. As […]

AYABONGA CAWE: Goodyear SA skids as trade wheel turns

More than 900 jobs are on the line because of a change in the American firm’s ‘go-to-market’ strategy. BL Premium Goodyear SA MD Paul Gerrard was accompanied by bodyguards to a staff meeting in the Despatch town hall last week, as fury mounted in the Mandela Bay area over looming layoffs at the nearly 80-year-old […]

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