Prime Minister Keith Rowley knows why all our multi billion dollar “investments” in diversification have failed. And he has the answer that we all long for. He knows what is required to successfully diversify our economy from its near total dependence on oil and gas revenues. In […]
Read more
17
Aug
2021
Why our diversification fails
10
Jul
2021
COVID – an economic balancing act
Decision making at the highest level of government during a pandemic like we are experiencing is as difficult as it gets. There are so many unknowns and variables, so many interactions between health, economy, work and all aspects of life where every decision impacts upon and is […]
Read more
08
Jul
2021
COVID economics Part 1
I am not an economist. I am an accountant and a database specialist. That is why I shy away from serious economic analysis. Although my training many years ago included some economic theory and I worked among economists frequently, I still consider myself to be no more […]
Read more
12
Dec
2020
Reducing FX leakage via vehicle purchases
Do you remember the recent budget speech in Parliament? It seems like eons ago but in reality only a few weeks have passed since its delivery. One of the provisions in the budget came to mind last week as I listened to the Minister of Finance. He […]
Read more
10
Dec
2020
Neuturing the Procurement Bill
Like most of you I’ve been following the heated discussion about the passage of the Procurement legislation. Truth be told I have also contributed my analysis to some of the discussions, in particular about the recent amendments and their effect on the efficacy of the legislation. The […]
Read more
03
Nov
2020
Payment deferral blues
In the face of the devastating COVID pandemic, many citizens found themselves in financial difficulties due to unplanned and unexpected loss of income. The government implemented many plans to alleviate the suffering, providing welcome relief in a time of hardship. Here is a short list of some […]
Read more
12
Oct
2020
The budget and gasoline prices
Of all the statements and projections made in the recent budget, one that has gained perhaps the most attention is with regard to the supply and cost of gasoline for vehicles, kerosene and LPG. The reactions have been sharp and there is considerable concern. I wish to […]
Read more
05
Oct
2020
Budget Review 2021
The waiting and speculation are over. We’ve had our budget speech and already the verdict is out from several commentators. Unsurprisingly with a speech three hours in duration there is a lot that we can reflect upon. Where do we start? I intend to keep it simple […]
Read more
22
Sep
2020
Reimagining Tourism
Among the hardest hit economic sectors across the globe due to COVID-19 are aviation, tourism and hospitality. In each of those sectors income is hovering in most countries between 5 and 20% of what it had been previously. For countries that rely largely on tourism for most […]
Read more
17
Sep
2020
Budget 2021 – Opportunity knocks
Budget 2021 – Opportunity knocks The nation has been presented with a tremendous opportunity via the good work of several parties. A situation has been created whereby we can emerge from the COVID crisis in better shape than we went in. For that we have to thank […]
Read more
