Zim currency to lose the billions. for now.
CNN article on Zim’s currency billion for one consolidation
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Read more: Zim currency to lose the billions. for now.
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Should Zim abandon the Zim Dollar?
Read more: Should Zim abandon the Zim Dollar?Zimbabwe’s inflation is accelerating towards Germany’s 1922 record of 204 billion percent. Estimates currently put Zimbabwe’s inflation at between 2.2million and 15million percent. The effect on the exchange rate is proportioate. So what would happen if Zim were to abandon the Zim Dollar and use the South African Rand as legal tender? It is a…
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creating value, economics, financial risk, hedging, market risk, news, optimisation, remuneration strategies
When you’re underwater, what’s the incentive?
Read more: When you’re underwater, what’s the incentive?Employee Share Options became popular during the tech boom of the last millenium. They were used before, but the explosion across more companies, across more levels of employees and as an expected part of executive remuneration was a product of the Silicon Valley boom. There are pros and cons for share options. Used correctly, they…
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creating value, economics, financial risk, hedging, managing uncertainty, market risk, news, operational risk, optimisation
Airlines and hedging – now there is praise
Read more: Airlines and hedging – now there is praiseWas watching CNN last week, and heard that at least one major US airline, South West, has been making significant use of hedging to manage their fuel costs. Many other US airlines have not been hedging significantly. Another article mentioned that Lufthansa hedged around 83% of their fuel requirements for this year. Air France-KLM hedged…
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500 billion cups of coffee
Read more: 500 billion cups of coffeeWas enjoying coffee and scones at a Woolies cafe recently. Well, actually I wasn’t enjoying the scones because they had run out. They’ve been making a habit of running out of scones recently. Strange. But the amusing part of this story came from reading the coffee “Things you didn’t know” table thing. Point number 1:…
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What is your total property return?
Read more: What is your total property return?Measurement is a tricky thing. So many ways to get it wrong. So many of this incorrect or misleading measures are applied to property returns. The 30 second view from a backward looking bird The South African residential housing market has been entertaining to watch over several years now. At first, a sensible readjustment as…
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Packing for Prague
Read more: Packing for PragueHeading off to a Solvency II conference in Prague this evening. QIS 4 is hot news at the moment, and the conference is going to cover many of the details and requirements of the exercise. Large European multinationals have spent enormous effort on the 4 QIS exercises. The data requirements alone are huge. Somehow CEIOPS…
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So this is what a downturn looks like
Read more: So this is what a downturn looks likeMay new car sales slump 23.4% Tiisetso Motsoeneng from www.fin24.com Johannesburg – South African new vehicle sales extended the decline in May, falling by a massive 23.4%, or 12 095 units, to 39 533 units compared with the same month last year, an industry body’s new data showed on Tuesday. SA’s CPIX not set to…
