Is Africa’s debt cycle unbreakable?

Economists like to model people as rational creatures who make self-interested decisions. But humans don’t act that way. Why do investors, politicians and ordinary people act against their best interests – and how can they be nudged into making better decisions? To find out, FT e ...  Show more

Despite its relatively low profile, Fidelity Investments is a sprawling beast when it comes to financial services. Last year, the firm’s revenues surpassed the world’s largest asset manager, BlackRock, by more than 50 per cent. The FT’s Emma Dunkley explains how Fidelity has come ...  Show more

After last week’s ACFM on the meaning and morality of personal debt, Keir and Nadia zoom out to the macroeconomics of debt. Joining them to make sense of concepts like sovereign debt, structural adjustment and international ratings agencies is Heidi Chow, executive director of De ...  Show more

China is now Africa’s biggest trading partner, with 20% of exports going to China and 16% of imports coming from there, according to the International Monetary Fund (IMF). At the 9th Forum on China-Africa Cooperation (FOCAC) meeting earlier this month, President Xi Jinping promis ...  Show more

Jamaica’s economy struggled for decades, and at one point it had amassed debts worth more than 140 per cent of GDP. Even the IMF wouldn’t return its calls. But somehow, in the 2010s, it managed to halve its government debt – over just seven years. Today on the show, we ask how ...

South Africa's finance minister Enoch Godongwana, acknowledged that the country's economy is facing 'a tipping point'. There's massive youth unemployment in South Africa and this recent forecast won't be favourable to young people. We hear reaction and look at possible solutions. ...  Show more