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Business Monthly

Is there too much emphasis on STEM fields at universities?

The perception abounds around the world that science, technology, engineering and mathematics, or STEm subjects, matter more economically and academically than the humanities and social sciences. china’s plan to turn 42 designated universities into“world class” science and technology powerhous- es is the latest and starkest example. Political and educational leaders everywhere hail the university’s role in driving economic growth and ...

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Smartphone data tracking is more than creepy – here’s why you should be worried

Smartphones rule our lives. having information at our finger- tips is the height of convenience. They tell us all sorts of things, but the information we see and receive on our smartphones is just a fraction of the data they generate. By tracking and monitoring our behaviour and activities, smartphones build a digital profile of shockingly intimate information about our ...

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Top job for south African gives African states sway at the iMf

South africa’s reserve Bank Governor, Lesetja Kganyago, has been selected as the first sub-Saharan african to serve as chair of the International monetary  and  Finance  committee.   The chair is appointed by consensus. The three-year appointment is not only an impressive personal achieve- ment, it’s also a significant opportu- nity for South africa and the african continent. The finance committee ...

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Psychological tips for resisting the Internet’s grip

The insidious, distracting suck of the Internet has become seemingly inescapable. Calling us from our pockets, lurking behind work documents, it’s merely a click away. Studies have shown that each day we spend, on average, five and a half hours on digital media, and glance at our phones 221 times. Meanwhile, the developers of websites and phone apps all exploit ...

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Does Apple have an obligation to make the iPhone safer for kids?

Recent research suggests it’s not. Teens who spend five or more hours a day on electronic devices are 71 percent more likely to have a risk factor for suicide than those who spend less than an hour a day on a device. Digital media use is linked with more depression and less hap- piness, with experiments, natural experiments and longitudinal ...

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South Africans are trying to decode Ramaphosa

During the Cold War,  a new  profession  emerged “Kremlinologists”,     a hodge-podge of academics, journalists, other scoundrels, and commentators, who would study every minute detail of the behaviour of Soviet Union leaders when they were in public. They examined who stood next to whom, whose chair was closer or further away from the leader, who looked at whom and who was ...

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Yes, Microlending significantly reduces extreme poverty

Currently, 836 million people – or 12% of the world’s population – experience extreme poverty, living off less than US$1.25 a day. Using data from 106 developing countries from between 1998 and 2013 to examine the efficacy of microlending as a poverty-reduction tool, I found that just a 10% increase in the gross microfinance loan portfolio per client could cut ...

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