Snippet 2019 – 28

Economics Reform: Pali Lehola, our previous statistician-general, adressing economic and financial planning by our state, referred to our lack of forward-planning which has apparently been abandoned by our state. He speaks of our knowledge asymmetry: but we all know...

Snippet 2019 – 27

Economy The Treasury this week published its economic stimulus plan. I cannot speak for the efficacy of the plan but, like I suspect most South Africans, recognise that anything in this respect is better than nothing. For political factions to criticise the plan,...

Snippet 2019 – 26

Economy Listening to the Prez on the issue of compulsory pension investments in SOEs: his lack of denial would indicate that this proposal is certainly not off the table. Why does the State not invest the pension funds it holds on behalf of state employees in those...

Snippet 2019 – 25

Economy South Africans are awash in grim economic news led by a faltering GDP, burgeoning population growth and political incompetency. Some notes on green shoots were published this week past: Citadel reports on high 2018 FDI investment which it believes signifies a...

Snippet 2019 – 24

Economy Engineeringnews ran an article by Bloomberg, reporting that foreigners are ditching SA bonds and stocks at the fastest pace on record (i.e. since 1998) and outflows are accelerating. You must love how this is explained: SA’s fundamental picture remains very...

Snippet 2019 – 23

Economics The governor of our Reserve Bank expects an economic growth of below 0.8% this year. On the matter of economic growth, the IMF predicts a 3.2% global economic growth with a sub-Saharan economic growth of 3.4%. Its projection for South Africa is down to 0.7%...