Normalize to take accountability for your actions... you can take all the credit in the world for the things that you do right, as long as you take responsibility for the ones you do wrong ~ it must be a balanced equation, you don’t get it one way and not the other~Sinek.
CBK released an interview with former CBK Governor Micah Cheserem.
Some of the Key points to note:
— He says banks “wanted to kill” M-Pesa
— He says he ordered burning of thousands of exchange-control documents (about 47 truckloads)
In South Africa, USD₮ isn’t just online, it’s at the checkout counter. 🇿🇦
From local shops to supermarkets, people are paying in digital dollars.
Watch the second episode of the USD₮ Africa series 👇
🎥USD₮: South Africa’s Quiet Financial Revolution 🌍
Stablecoins are the future of the digital economy, enabling instant cross-border payments, financial inclusion, and bridging traditional finance with blockchain innovation. 🪙
That's why we're excited to have @tether as the official partner for the Stablecoins module in DAIIRC.
A huge thank you to @BusinessInsider for the feature, without grit and God I wouldn’t be here today. What started out of seeing a huge gap in the market and fund freeze on my account was the kick I needed to throw my hat in the ring, safe to say we’re doing okay.
https://t.co/RoB8OPolyC
Investors went all out with the August infrastructure bonds. This must be the largest amount of bids received in a single auction - is it excess liquidity or unfavourable entry points on other assets?
Yet, CBK rejected appr. 70% of the bids and accepted only enough to offset the August redemption. Interesting times indeed, but also very early in the fiscal year.
No more free lunches!
The Court of Appeal has determined, correctly, that the power to empanel a bench under Article 165(4) is an administrative power reserved for the Chief Justice. It can only be exercised by the Deputy CJ when acting as CJ, in case of removal, resignation, or death of CJ.
JPMorgan CEO Jamie Dimon:
"I think every government department should report to you and say, dear taxpayer, you gave me, $50B, I told you I was going to do X, here's what I did. Here's the outcomes"
1/ Sovereign debt markets are full of paradoxes.
In this paper with Patrick Bolton @ImperialBiz & Mitu Gulati @UVALaw we identify over 20 such puzzles. @GVAGrad@GVAGrad_CFD
Let’s dive in! 👇