@SamMMaimbo Great idea to anchor growth on agriculture. Question: how do you plan to bridge the void between investing in private sector performance and continuously weakening national, regional and continental institutions in most African emerging markets?
My key takeaways:
1. Treat your talents as starting points, not finish lines
2. Ask "What am I developing?" not "What am I good at?"
3. Build systems that reward effort, not innate ability
4. Choose difficult work over work that comes easily
That's some billion dollar game.
This is J.P. Morgan.
- Owned and sank the Titanic
- Sold defective rifles to soldiers
- Bailed out the U.S. government (twice)
- Betrayed Nikola Tesla and drove him into poverty
Here’s the dark story of the man who built the world’s first billion-dollar empire:🧵
Advisers say there are methods to lower the reported value of imports by a fifth or more in some cases, but they come with risks and could complicate the intricate tax planning strategies that multinational companies have built up over decades https://t.co/zmgwl4pqfP
Is history repeating itself?
In a rare and blisteringly candid address, Singapore’s Prime Minister delivers what can only be described as a geopolitical siren.
This is not diplomacy as usual. It is a war(ning) the world cannot afford to ignore.
He warns that unchecked, the recent U.S. tariffs and trade policies represent a seismic shift in the global order: Arbitrary. Protectionist. Dangerous.
Singapore, he says, will not retaliate. It cannot afford to. But other countries might. And if enough of them do, the result could be catastrophic.
Drawing chilling parallels to the 1930s, he cautions that escalating trade tensions could spiral into a full-scale global trade war with consequences reminiscent of those that led to World War II.
We are entering an era where global economic rules are being rewritten in real time. And if you think your country, your business, or your boardroom is insulated, think again.
Watch this. Watch it twice. Then ask yourself: Who is shaping your worldview right now, and are they equipped for what’s coming?
For years now, global institutions, economists, and futurists have echoed the same truth. Africa is the next economic powerhouse. But power without preparation is a myth. And potential without urgency is a slow death.
To think we had a head start. A rare window of calm since 2020 to unite, mobilize, and fully implement the African Continental Free Trade Area. A chance to build internal resilience before the world turned inward. But instead of seizing the moment, we moved at a frustratingly slow, bureaucratic pace. Distracted. Divided. Delayed.
Why is it so hard for this continent to see itself for what it truly is. A force.
Africa, wake up.
The world is changing fast. Protectionism is rising. Trade lines are tightening. The window is narrowing.
If ever there was a time to lead, to collaborate, to act... it is now.
#AskAsanteOnBoards #GlobalCrisis #Geoeconomics #AFCFTA
The richest half of American families owned about 97.5% of national wealth as of the end of 2024, while the bottom half held 2.5%, according to the latest numbers from the Federal Reserve https://t.co/8BMCajWwM2
1. The debate on Rasool’s public expulsion as SA’s ambassador to the US has focussed on the wisdom of his remarks.But this debate misses the substantive issues at stake. First, the public way the expulsion was done suggests that the US is looking for a political showdown with SA.
Did the Minister of Finance really claim that corporate saving was coming under pressure?
Govt and households have been dissaving for over a decade, while corporations retained earnings (saving) has been massive.
The graphs shows record corporate saving, and as corporations are the only sector benefitting from govt deficit, the corporate sector is the only sector that can absorb more tax.
Corporations are sitting on massive uninvested savings & have very low debt compared to households and govt who have been dissaving.
I propose a tax on uninvested corporate savings and offshore portfolio investments above a reasonable threshold. Use it or lose it.
@Josh001J Read about the 5 Men who shaped the world;
1. Cornelius Vanderbilt - Founder Ships
2. John D. Rockefeller - Oil
3. William Boeing - Planes
4. J.P. Morgan - Banks
5. Henry Ford - Cars
Once you understand their contribution to mankind, you’ll know how civilization came