Whether or not readers of this column believe me, I have never been able to afford a new car because of the exorbitant duty. I once purchased one twenty-five years ago. But I could only afford it because I was entitled to duty free as Speaker of the House. I could not otherwise afford a new car then or now, if I have to pay duty. But I look forward very soon to being able […]
Category Archives: globalisation
BRICS
First coined as an acronym for some emerging economies in 2001, BRIC countries formally emerged in 2009 at a diplomatic meeting in Russia involving Brazil, Russia, India and China. South Africa became a member in 2010 when the group’s name changed to BRICS. Its primary focus at that time was reforming the global financial system, […]