Snippet 2021 – 26

Economy Two independent, but related economic articles, were floated this week past: the first a note that the production cuts in China had put pressure on iron ore prices; the second a broadening of this result into a curtailment of the runaway commodity prices (also...

Snippet 2021 – 25

Economy Pundits do not agree on our GDP trajectory for the next year; these are the predictions: Momentum 4% PwC 2.3% Old Mutual 5% The question is we are we going. As far as Rand value is concerned, Prof Grant (a publications editor for the Free Market Foundation)...

Snippet 2021 – 24

Economy The Economist published a note on the effect of CV19 on the world markets: it says that the fault lines that will develop between the jabs-had and the jabs-not will increase. The economies of countries, which attain full inoculation against CV19, will burgeon,...

Snippet 2021 – 23

Economy Those in the know say that our Rand, at its current US dollar exchange rate, is now fairly valued. If one accepts the Big Mac Index, the real value of the rand should be at about R5.93/US $. That index says that ours is the third most undervalued currency. You...

Snippet 2021 – 22

Economy Reform? Us? Those who govern us are not listening: the World Bank says that SA’s medium-term growth outlook is too low to significantly improve socioeconomic conditions and reduce unemployment: Reference Most economists predict that our repo rate will probably...