The Honourable Finance Minister has backed down on his decision to reduce VAT.
The submission of an annual budget to the nation by the government for the forthcoming fiscal year is a routine exercise in developing countries.
The budget has been delivered, and it hasn’t disappointed. At least not in terms of the controversy it has generated. When the finance minister announces a review of a budget proposal just a day or two after unveiling the budget, you know you are in for an exciting rollercoaster ride.
The Economist has a cute chart in its latest issue, showing the net worth of the world’s richest men (and one woman), divided by their age. Warren Buffett has, on average, built just over $600 million of net worth per year of his life