Editor’s Note: Moral cowardice
For a minute there, we had hope.
To anyone who has hoped for a more tolerant Pakistan, where a person is judged not by their...
Interbank bloodbath
We are now in the danger zone. The interbank market is operating on borrowed dollars just to make routine trade related payments. These are...
The burden of over-regulation
In this edition of Profit, both our cover story and one of our main feature stories are about the financial services sector, and how...
The uncanny similarities between Wirecard and Inov8
Don’t speak to the press; just sue them and accuse them of being in cahoots with the competition. Oh, and run a bad business.
Cooling the economy
For more than a year now, we have been hearing the State Bank of Pakistan (SBP) tell us about how well the economy is...
After the deal
In its latest monetary policy statement the State Bank of Pakistan decided to keep the discount rate unchanged. The policy rate has increased by...
Editor’s Note: The power of humility
At the highest level of the corporate world, humility is not a virtue recognised as valuable by most. This is unsurprising given the level...
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 the truth....
Editors Note: Dalda goes public
With our financial capital markets as nascent as they are, any discussion of a major company going public is going to be half parts...
The government needs to stop embarrassing itself
The tragedy of the government of Pakistan is that they seem entirely unaware of just how embarrassingly asinine their ideas tend to be, particularly...
Freedom of conscience must be protected by the law
There are two big problems with the statistic that 97% of Pakistanis are Muslim: the first is that it assumes that all Muslims think...
Editor’s Note: There is more to the IMF than bailouts
It is not an often-appreciated fact, but politicians actually do try to keep most of their major campaign promises, at times regardless of whether...
Towards crisis
The country is now veering dangerously towards a combined political and economic crisis. The IMF talks have hit an impasse over the untargeted subsidies...
Privatisation is not a revenue generator
Here is how the federal finance ministry thinks about privatisation: the government will sell assets in absolute desperation when it needs to raise large...
Musharraf and a river in Pakistan
Denial is a river in Egypt. Your military dictators are not your saviours
