Imran Khan at Davos

Of all leaders Pakistan has ever had in its history, Imran Khan should be completely comfortable at Davos. Only once before did...

The State Bank’s silent payments revolution

How the SBP's latest circular could have far-reaching consequences for the state of digital Pakistan

The problem of revenue is bad tax policy, not cheating

Revenue generation is important but not top priority as in last 3 decades. Much effort and money has been spent in collecting...

‘Voodoo’ Economics, Habib Metro bank and a noodle

We were spoiled for choice this issue of Profit when it came to deciding what our cover story would be. It’s a...

The mechanics of privatisation

We hear the same things over and over again. You can open the headlines from half a century ago and they will...

How valuable is your bureaucracy?

For decades now the issue monetization of perks has been on the table. No action has been taken because the powerful secretaries...

To privatise or not to privatise?

On a recent trip to London, I could not help but follow the media coverage of the upcoming general election in the...

Why Jeffrey Sachs is wrong about Reko Diq

It started with the usual leftie / “anti-imperialism is the ultimate moral good” crowd. An article written by American economist Jeffrey Sachs...

Automotive industry feels the pinch

Pakistan’s auto industry is the quintessential oligopoly, with only three major players assembling a handful of automobiles: Honda, Indus Motors (Toyota) and...

The trader’s dilemma

The trading community and the government came to some semblance of an agreement on tax issues recently, after months of simmering tensions...

Are the banks being lazy? …or – plot twist – being responsible?

Lending to the government is not banking, Allied Bank Limited Chairman, Naeem Mukhtar told me over food at a family wedding in...

A real upgrade

Over the past couple of weeks, the government got some good news: Moody’s, the New York-based global ratings firm, decided to upgrade...

A disease Pakistan can do without

In this week’s cover story, we explore the advent of share buybacks in Pakistan’s capital markets, with major companies listed on the...

Continued myopia on energy policy

Long term policy planning is hardly something that the government of Pakistan is known for. Indeed, the short-termism is what often lands...

Seriousness of purpose on climate policy

It is a sad thing when one so consumed by one’s own propaganda and nonsense that one cannot get oneself to admit...