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Basel is nudging risks too far onto shareholder shoulders for socially useful bank activities such as financing infrastructure, writes @stheobald.bsky.social. Visit www.krutham.com/insights/stuart-theobald-shift-risk-from-shareholders-to-stimulate-infrastructure-lending/ to read more.
Kruthamβs executive chairperson, Dr @stheobald.bsky.social, will speak at the #AfricaImpactSummit in Accra, Ghana.
Join the continentβs leading voices working to transform systems and scale capital for real change.
Register: africaimpactsummit.org
#AfricaImpactSummit #ImpactInvesting
DELETED: Trump administration deleted a webpage summarizing evidence that βundocumented immigrants are arrested at less than half the rate of native-born U.S. citizens for violent and drug crimes and a quarter the rate of native-born citizens for property crimes.β 1/2
@stheobald.bsky.social, chair of Krutham and convenor of the Financial Sector Competitiveness Taskforce, addressed the Operation Phumelela Lekgotla with an overview of reform proposals from the workstreams.
To learn more about Operation Phumelela, visit operationphumelela.org.za
Like any reality TV series that has run too long, the Trump administrationβs approach is becoming formulaic and predictable, writes @stheobald.bsky.social. Visit www.krutham.com/insights/stu... to read more.
Banks must be solvent and they must be regulated appropriately, writes @stheobald.bsky.social. Read more at www.krutham.com/insights/stuart-theobald-the-sorry-saga-of-trying-to-fix-state-owned-banks/
"On Tyranny" is a #1 NYT bestseller again. I wish the moment were different. But Iβm glad the book is useful. And grateful for all the kind words about putting the 20 lessons to work.
snyder.substack.com/p/twenty-les...
Looking forward to hearing how this is someone else's fault...
NEW π§΅
The number of people travelling from Europe to the US in recent weeks has plummeted by as much as 35%, as travellers have cancelled plans in response to Trumpβs policies and rhetoric, and horror stories from the border.
Story: www.ft.com/content/6dc1...
Anyone want to explain game theory to the white house?
Which is worse Trussonomics or Trumponomics?
At least that will hold back inflation! A bit. Only silver lining I've seen so far
Why is it different to Nicola Sturgeon and with the same consequences?
βRace does not provide an accurate representation of human biological variation,β the statement reads. βHumans are not divided biologically into distinct continental types or racial genetic clusters. Instead, the Western concept of race must be understood as a classification system that emerged from, and in support of, European colonialism, oppression, and discrimination.β βIt thus does not have its roots in biological reality, but in policies of discrimination,β the statement says. βBecause of that, over the last five centuries, race has become a social reality that structures societies and how we experience the world. In this regard, race is real, as is racism, and both have real biological consequences.β
Trump's 3/27 executive order targets the Smithsonian for advancing "the view that race is not a biological reality but a social construct."
Trump argues that the exhibit's statement, below, is unscientific. He's wrong. As a biology professor and population geneticist, I agree with every word of it.
The similarities to Zuma's destruction of Sars are astounding...
But it wouldn't be eligible: an applicant country must demonstrate commitment to: democracy and democratic processes, including free and fair elections and representative legislatures; the rule of law and independence of the judiciary; good governance...transparent public accounts...
BA54 landed in Charles de Gaulle! Awkward with no shengen visa
SHELLEY RECOGNISED HOW TYRANTS COME AND GO IN JUST A FEW WORDS FROM 1817,
On which side of this picture do you reckon you'd find more of the refugees Donald Trump is welcoming from South Africa?
www.nytimes.com/2025/03/15/w...
Trump's actions don't surprise me as much as the cowardice of universities' response.
Why can't your Aristotelian "essence" not be the opposite gender to your sex when you are born?
More of this! We all know this wonβt pass but this is a line in the sand and a great talking point.
/cc @shasti.bsky.social
As a South African, I can confirm that this is a load of absolute shit.
A right wing South African group went to the US to tell Trump this, and he believed them and passed on the lie.
The one thing despots usually know is don't f*ck with the students. Even Jacob Zuma knew to keep them sweet by signing cheques the state couldn't afford. Angry students can be a big political problem. www.nytimes.com/2025/03/06/u...
Sjoe! Not quite VBS, but not that far from it.
Look at all this free speech going on here...
I wonder if GD Vance realises that the two "random countries" of Britain and France respectively have economies that are 67% and 51% bigger than Russia's.
Kruthamβs recent report unpacks the good and bad ideas from Parliamentβs banking sector hearings. From financial inclusion to regulatory reforms, we explore what works and what doesnβt. Read the full report: www.krutham.com/insights/tho...
Analysts: @stheobald.bsky.social, Tinashe Kambadza