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20 years ago this weekend the first multi-racial elections took place in South Africa. The apartheid policies of the National Party were tossed aside, as Mandela's African National Congress swept to power, taking close to 63% of the overall vote. In the 20 years since ? the quality of life, and the economy of South Africa has only gone in one direction ? upwards. With the eventual repealing of apartheid, the South African economy was thrust back on to the world stage after years of...
The Canadian dollar continues to have an uneventful week as USD/CAD trades in the mid-1.10 range in Wednesday’s North American session. Canadian retail sales numbers dropped in March, but did matched expectations. South of the border, US New Home Sales was dismal, sliding to an eight-month low. Canadian Core Retail Sales, one of the most important economic indicators, posted a 0.6% gain, down from 1.0% a month earlier. However, this did match the estimate. It was a similar story with...
See on Scoop.it ? The Frugal Entrepreneurship Faisal Khan?s insight: Always admired this company. They seems to understand the model of net-off, better than anyone else, barring say CurrencyFair. Keep a watchout on these guys. They are definitely going places. See on arcticstartup.com
See on Scoop.it ? Money & Payments Low user adoption and privacy concerns could derail the company's plans. Faisal Khan?s insight: Seems everyone has a pitch fork in their hands and are going ti nudge Facebook the moment they go live in payments! Personally I think their payments solution will be very successful. See on www.mobilepaymentstoday.com