Oh, The Joy, The Irony – Kenyan MP Johnny Savula Arrested Over Advertising Graft

In common with a number of other poor places Kenya is wracked with corruption in public office. This being one of the things which goes along with poverty, the government splashing the tax revenues into the pockets of the...

Dantata Success and Profitable Company – Yes, This Is A Ponzi Scheme In Nigeria

Whether something's a good or a bad investment is one thing but whether something's a ponzi scheme - as we'd suggest Dantata Success and Profitable Company in Nigeria is - is another. There's really just the one feature we...

Maurice Ampaw’s Menzgold Car – EOCO Is Right, That’s Not How Ponzis Are Cleaned...

The lawyer Maurice Ampaw has an interesting claim as to why he shouldn't have to give back the Toyota Land Cruiser he got from Menzgold. He was an investor in the Ponzi scheme and therefore this is just him...

Zimbabwe Kills Black Empowerment Mining Ownership Limits In Pursuit Of Capital

Zimbabwe has insisted that platinum mines should have significant local ownership as part of a policy of black empowerment. The problem with this being that no locals have the sort of capital required to set up platinum mining and...

How Does This Work? Indonesian Ride Hailing Scam Discovered

Four men have been arrested for a ride hailing scam in Indonesia. The difficulty is in working out how the scam worked. For they were drivers for the app, they were booking fake rides. OK, that's fine, we can...

India Should Preserve Forest Animals Or Forest Peoples?

It's easy enough to just confirm priors here over whether India should be preserving forest dwelling peoples or forest dwelling animals. Unfortunately, such knee jerk prejudices don't really give us all that good a guide to what we should...

Papa Renty and Harvard’s Profits From Photos Of Slaves – Bad Law, For The...

That Louis Agassiz held some views which are regarded as both wrong and distasteful these days is true. That he organised for photographs to be taken of some slaves back in 1850, that Harvard currently has those pictures is...

A Bad Mistake, India Moots Raising National Minimum Wage – It’s Too High Already

It's not surprising that this is happening, India mooting a rise in the national minimum wage. There is, after all, an election in the offing. Just when we would expect crowd pleasing but bad ideas to surface. The problem...

South Africa’s Continuing Power Cuts – The Result Of An Orgy Of Looting The...

South Africa is currently suffering rolling power blackouts and there's no good indication when this will end. In fact, South Africans are being told that load shedding is just a fact of life and they'll have to put up...

Zimbabwe Needs To Be Clear – There Was No Shortage Of Foreign Currency

Matters are obviously going to be better now that the RTGS system is trading at market prices, as determined by the interplay of bank transactions. But we really do need to get one matter clear. There never was any...

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Among Interconnected Firms Bankruptcy Doesn’t Propagate

We'd think that if firms are hugely interconnected as a result of supplier/consumer relationships then the bankruptcy of one firm would propagate through the...