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Sean Gossel

Sean Gossel

Senior Lecturer, UCT Graduate School of Business, University of Cape Town

Sean’s research areas are in Democratisation, Financial globalisation and Economics.

How corruption is fraying South Africa's social and economic fabric

Jul 12, 2017 18:49 pm UTC| Insights & Views Economy

South Africans are not happy. According to the recent Bloombergs Misery Index, South Africa is the second-most miserable country on earth. Venezuela tops the list of emerging countries. This isnt too surprising...

Corrupt state owned enterprises lie at the heart of South Africa's economic woes

Jun 21, 2017 16:25 pm UTC| Insights & Views Economy Business

The prevailing economic crisis sweeping through South Africa is a direct result of economic mismanagement largely shaped by the looting of state owned enterprises. Many are in deep trouble. Sheer incompetence and...

BRICS bank is offering more of the same rather than breaking the mould

May 05, 2017 08:37 am UTC| Insights & Views Economy

The New Development Bank recently held its second annual meeting in the Indian capital of New Delhi to discuss the sustainability of financing development projects in its member states. The multilateral bank was...

'White monopoly capital': an excuse to avoid South Africa's real problems

Mar 27, 2017 16:09 pm UTC| Insights & Views Politics

The call for radical economic transformation has grown louder following President Jacob Zumas 2017 State of the Nation Address. Accompanying these calls is a line of argument that says white monopoly capital is to blame...

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Economy

U.S. Treasuries jump ahead of FOMC members’ speeches, September manufacturing PMI

The U.S. Treasuries jumped Friday as investors await the Federal Open Market Committee (FOMC) members George and Kaplans speech, scheduled to be held today by 13:30GMT and 17:30GMT respectively. The yield on the...

German PMI surges to 6-1/2 year high as manufacturing booms

Germanys private sector economy ended the third quarter strongly, with business activity growth accelerating to the fastest in almost six-and-a-half years, according to flash PMI survey data from IHS Markit. Improved...

RBNZ unlikely to alter monetary policy stance next week, due to election uncertainty: Westpac Research

The Reserve Bank of New Zealand (RBNZ) is expected not to alter its monetary policy stance at its meeting next week, owing to election-related uncertainties. The RBNZ has run a very consistent line on monetary policy over...

USD/INR likely to trade towards 65 level with support at 64, says Scotiabank

The USD/INR currency pair is expected to trade towards the 65 level with the 64 support, but the pair will be buffered against a sharp and persistent depreciation given the nations large foreign reserves that rose to a...

JGBs gain tracking following U.S. Treasuries after North Korea threatens hydrogen bomb attack

The Japanese government bonds gained tracking similar momentum in the U.S. counterpart after North Korean leader Kin-Jong-Un said that the North would consider the highest level of hard-line countermeasure in history...

Politics

Undocumented youth divided over how to fight back against Trump immigration clampdown

Young immigrants from across the US participated in the first act of civil disobedience by undocumented youth under the Trump administration on July 26 in Texas. After protesters sat in the street outside the state capitol...

India at 70: after the celebrations, single-party dominance menaces democracy

Seventy years ago, Jawaharlal Nehrus famous Tryst with Destiny speech not only marked Indias independence from British rule but also expressed the vision for a united, democratic, egalitarian and modern country. Not...

Can corporate America afford to walk away from President Trump?

After campaigning as the candidate best able to work with business, President Donald Trump has shown he is anything but. A stream of resignations from high-level business counsels hit a crescendo recently when Trump was...

Little prospect of regime change in Russia short of a popular uprising – and that's unlikely

Vladimir Putins power in Russia can often look unassailable. However much Western media might champion potential opponents, the president maintains a tight grip, and its easy to see why. Any successor to Putin who was not...

Warning signs of mass violence – in the US?

There are those who say that comparing President Donald Trumps rhetoric to that of Adolf Hitler is alarmist, unfair and counterproductive. And yet, there has been no dearth of such comparisons since the 2016...

Science

Scientists Create Robots The Size Of DNA Strands That Can Rearrange Molecules

Robots are great for a lot of things and can perform functions that humans would either have a hard time accomplishing or simply would not be able to do. Among the latter case is rearranging the molecules of a living...

China Signs Deal With Israel Over Lab-Grown Meat, Food For The Future

With the world facing the global crisis known as climate change, most countries are doing whatever they can to reduce carbon emissions. However, one of the biggest contributing factors to greenhouse gasses that is rarely...

How diseases can be targeted using nanotechnology – and why it's difficult

Scientists are designing materials that are a thousand times smaller than the width of a hair. Known as nanomaterials or nanoparticles, some could help treat diseases. However, the engineering of particles for...

Denmark Finally Sells Last Oil Company For $7.45 Billion

As a country committed to fighting climate change and reducing its carbon footprint, Denmark is finally selling off the last remaining oil company in the country. The oil firms were owned by A.P. Moller-Maersk A/S and the...

Trump’s Pick For NASA Head Is Not A Scientist And A Prominent Climate Change Denier

The Trump administration has proven to be incompetent in filling crucial roles with qualified people, evidenced by an anti-EPA EPA head and an anti-DOE head of DOE. Now, the president has nominated a non-scientist who is...

Technology

Wall St. Hack Cause Havoc Among Lawmakers And Investors

Being the victim of a hack is never a good thing, but when the target is a top US regulator overseeing trading at Wall St., the situation becomes catastrophically more consequential. This is exactly what the U.S....

Really Big Original Xbox Controller Available For Xbox One

Gamers who have used or owned the original Xbox will remember the big, bulky Duke controller that made playing games either fun or way too much of a hassle. This peripheral is being brought back and is compatible with the...

CCleaner Malware Carried Mystery Bomb, US Could Be Under Attack

More details about the recent CCleaner malware outbreak have come out and they are terrifying. What was initially thought of as a mild case of infection is now considered an attempt at planting digital bombs, with major US...

Doom On Switch Plays Surprisingly Well According To First-Hand Accounts

The Nintendo Switch is not exactly the most powerful console on the market, which is why it was such a huge surprise to find out that Bethesdas Doom reboot would be coming to the hybrid unit. The fast-paced, gore fest of a...

Electric Bus Breaks World Record In Long Distance Driving In A Single Charge, 1,100 Miles

Range is the biggest problem that most people have when it comes to electric vehicles, but as one company that made an electric bus just proved, this is really not an issue. Packing some really big batteries, a bus by a...
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2017-09-22 10:45:39
0m

September 22 11:30 UTC Released

INFX Reserves, USD*

Actual

402.51 Bln USD

Forecast

Previous

400.73 Bln USD

September 22 11:00 UTC Released

BRFGV Consumer Conf*

Actual

82.3 %

Forecast

Previous

80.9 %

September 22 12:30 UTC 5757m

CACPI Inflation YY

Actual

Forecast

1.5 %

Previous

1.2 %

September 22 12:30 UTC 5757m

CACPI BoC Core YY

Actual

Forecast

Previous

0.9 %

September 22 12:30 UTC 5757m

CACPI BoC Core MM

Actual

Forecast

Previous

-0.1 %

September 22 12:30 UTC 5757m

CACPI MM SA

Actual

Forecast

Previous

0.2 %

September 22 12:30 UTC 5757m

CACore CPI MM SA

Actual

Forecast

Previous

0.1 %

September 22 12:30 UTC 5757m

CACPI Median

Actual

Forecast

Previous

1.7 %

September 22 12:30 UTC 5757m

CACPI Trim

Actual

Forecast

Previous

1.3 %

September 22 12:30 UTC 5757m

CACPI Common

Actual

Forecast

Previous

1.4 %

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