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Financial

Worth a read

Other_peoples_moneyCausing a crisis with other people’s money

Justin Cartwright’s novel Other People’s Money has been on the shelf for almost a year now. But as it is becoming increasingly clear that the financial crisis, which started in 2008 is far from over, that the worst might still lie ahead, and globally the anger is mounting, that those responsible are getting off scot-free, it might now be more than ever worth a read.

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Global economic crisis

NadineKaterWomen accountants more critical and less trusting

Research has revealed that female accountants are far more critical of responses around the world to the global economic crisis than their male counterparts. They are also likely to be more negative and less trusting of the financial crisis than their male counterparts, and more critical of government handling of financial services firms in terms of regulation, bailouts and other support, according to Nadine Kater head of the Association of Certified Chartered Accountants (ACCA) SA.

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Gold price

GoldGold’s bull-run set to continue

The announcement last week by United States Federal Reserve (Fed) head Ben Bernanke that interest rates will not rise until late 2014 and signaling that the Fed will be seeking inflation in the quest for economic growth, has put paid to predictions that the 11-year bull run by gold is about to end. Some observers now predict that the gold prices will jump between $600 and $800 an ounce this year.

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Money matters

Money_MattersCash increasingly rivalled by plastic

The experience last week, standing behind a young girl at a supermarket cash register who was paying for an ice lolly and a roll of toilet paper, worth about R10, with a debit card, took on a new perspective when the results of Visa’s latest Global Payment Tracking Survey 2011 (GPT 2011) landed in the inbox of my email a day later. For one, we should maybe start replacing the term cash register with pay point.

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Global economic crisis

NadineKaterWomen accountants are more critical, less trusting

Research has revealed that female accountants are far more critical of responses around the world to the global economic crisis than their male counterparts. They are also likely to be more negative and less trusting of the financial crisis than their male counterparts, and more critical of government handling of financial services firms in terms of regulation, bailouts and other support, according to Nadine Kater, head of the Association of Certified Chartered Accountants (ACCA) SA.

Read more: Global economic crisis

   

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