Snippet 2020 – 35

Economy Our economy is starting to pick up and hope springs… There are, however, a few issues which simply will not go away, and few are as urgent as the governance and financial issues in local government. It is pleasant to argue about tax but if you have no water or...

Snippet 2020 – 31

Economics The current economic stats are old news: consumer confidence the lowest in 15 years; the BCI consumer confidence is up, but still negative, and so on. Interestingly and unexpectedly our JSE is up to pre-lockdown levels. Why? Essentially because the large...

Snippet 2020 – 30

Economy Last year’ s downgrade of SA Inc has led to R54bn in stocks being offloaded by foreigners. For the past 30 years, emerging markets have provided diversification opportunities for global equity investors. South Africa is listed on the MSCI index which tracks...

Snippet 2020 – 29

Economy Investing in South African infrastructure: I recall having been repeatedly over the past 10 years, told by those who govern us, that the state will invest in infrastructure. Factually, fixed investment in South Africa, has grown by a mere 0.2% since 2009 ....

Snippet 2020 – 28

Economy Restive: the volk is becoming restive – the economic damage (it’s about the economy, stupid!) wrought by the junta-imposed lockdown, is becoming such that folk are openly ridiculing, indeed disobeying, those that govern us. Examples of this abound and are not...

Snippet 2020 – 26

Economy B4SA, supported by BBC, and BUSA, made a proposal that infrastructure forms the flywheel of our financial recovery to the tune of R3.4Tr. What is true is that such development would create jobs and multiply the value of the sum spent considerably. Our problem,...