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Stuart Theobald

Stuart Theobald is a weekly columnist for Business Day. He is a financial analyst and editor who has covered financial services for 12 years. He edits Business Day Investors Monthly and is head of research boutique Intellidex.

There is one other area ripe for a dramatic policy-led investment boom: mining.

Policy digs us into a hole instead of helping SA mine private investment

If an enabling approach to mining was pursued, we could see change in fixed capital formation

Something strange is afoot with votes on executive pay

Some companies are clearly frustrated with shareholder input after pay resolutions fail to pass

Banks go back to the future as discretion makes a comeback

The banking sector and its regulators are in a head-spinning dance

Impasse shows security of land rights hinges on accessibility and justice

Standoff between ANC and EFF is due to people feeling they cannot accrue tangible economic benefits

SAA deal is the next best for all parties

That is, if the deal — which was hammered out behind closed doors — can fly at all

The Reserve Bank in Pretoria. Picture: FINANCIAL MAIL

Loose monetary policy eases credit access for the rich, but squeezes the poor

Instead of rising as consumers are attracted by lower pricing, volumes are falling

Next year it will be two decades since the Broad-Based Black Economic Empowerment (BBBEE) Act was passed. Stock photo.

Input myopia clouds BEE and other policies

By shunning outcomes, normal market mechanisms are turned on their head

Absa CEO Daniel Mminele is in discussions to leave, the bank says. File photo

Scars of Absa remaking contributed to Daniel Mminele’s surprise exit

Absa CEO’s office had been a kind of presidency for a decade and a half, not fully engaged in the bank’s details

Picture: SUPPLIED

Rocketing JSE Alsi leaves offshore advisers with egg on their face

Index has gained almost 80% since the plunge in March 2020, when lockdowns began worldwide

Picture: GETTY IMAGES

Will we splash out or lash ourselves in once pandemic has been tamed?

Pent-up demand will probably see consumers splurging, but long-term growth depends on policies that encourage investment by companies

President Cyril Ramaphosa

Ramaphosa could use conference to shift emphasis from public projects

Ramaphosa could use conference this week to shift emphasis away from public projects

SAA may not have immediate plans to fly internationally but remains a member of the global Star Alliance.

SAA rescue plan cannot go on indefinitely

Why the government is so committed to this path is the question you can never get a straight answer on

Will later generations learn from our mistakes?

The government will collapse under its debts if there is not a dramatic change of course

Inheritance tax proposal pokes a hornets’ nest

There are important moral and practical concerns that should guide the discussion on whether to disrupt multigenerational transfers of wealth