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South Africa:How did Ramaphosa get so rich?

By Gwynne Dyer Fraser said that Ramaphosa’s ‘presidential protection unit’ (bodyguards) had tracked down the burglars, kidnapped and interrogated them, and then bribed them to keep quiet about the cash. Maybe Ramaphosa was just trying to protect his reputation as a man of the people, but even so he would have been breaking the law. […]

Foreign Exchange Crisis

By Dr.C.S. Weeraratna csweera@sltnet.lk One of the main strategies to resolve the current Foreign Exchange crisis would be to increase export earnings and reduce expenditure on imports. Most of the activities involved are short-term while the others are medium/long term. Increase export earnings Increasing exports is of paramount importance to improve the present FE crisis. […]

Foreign Exchange Crisis

By Dr. C. S. Weeraratna csweera@sltnet.lk Sri Lanka is facing a deepening financial crisis. According to media reports there is a short supply of essential items such as fuel, medicine and gas for domestic use attributed to the foreign exchange (FE) crisis. Dhammika Perera (DP) has proposed a seven-pronged strategy to overcome Sri Lanka’s foreign […]

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