Snippet 2020 – 04

Economics If we take the state of our economy today, with 18-million people getting social grants, it means reprioritisation of the budgets will not pull us out of that problem. What we need is new capital, capable of creating new jobs and boosting manufacturing.”...

Snippet 2019 – 34

Economics Flatlining. On Friday I was again privileged to attend an economic presentation by Nedbank’s Nicky Weimar. She says that our GDP growth, occillates between growth and recession, resulting in an average growth of 1% or less. This stagnation is not in line...

Snippet 2019 – 32

Economics A summary of what went down this week: SA has dropped two places to 84th in the Ease of Doing Business 2020 report, fifth in Africa. We implemented a single reform this year and 4 in the past 5 years. SA still holds the top position in Africa in terms of...

Snippet 2019 – 29

Economics Our PMI is at its lowest in 10 years; the IIF says that our SOE disaster could push our national debt to 95% of GDP. I seem to recall having read that once over 70% our economy will not recover? Casting around for comments on the topic, reveals that there is...

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...