An amateur, if not impressive stunt worthy of a James Bond film. Krejčíř, Radovan Krejčíř doesn't role off the tongue as easily as the hero he happily compares himself to (Fleming purposefully chose monosyllabic names for James for this purpose). Nor does he seem to exude James' charm or moral code.
Investec launches Africa bond fund. There are some world class African banks, especially in South Africa and Nigeria and it is good to see them linking African bonds to world markets. Baby steps towards generating a larger secondary bond market for African bonds, vital for financial market development.
Nigerians and Kenyans will find it easier to visit London with the new £3000 visitor bond. The FT focuses mostly on lost revenue to high end British retailers. There will be wider reputational damage to Britain too, perhaps more costly in the long run. It's a pain enough to apply for visa's to the UK and Europe already, this rightly pisses people off and they remember. Go shopping in Paris instead, it's already beating London for this very reason among the Chinese.
