Snippet 2019 – 02

Economy Sweden has adopted The as its official coin: Reference   Business On 1 February I received a notice from Google+ to the effect that it was closing down its Googleplus accounts owing to low usage: a self-confessed nerd explained that Google had lost the fight...

Snippet 2019 – 01

Economy The Absa PMI rose to marginally positive in December, the best level of last year. The Business Confidence Index deteriorated marginally to 31 in the last quarter. The Consumer Confidence Index settled at a marginally positive rate. Spending: in order to get...

Snippet 2018 – 16

Economic review The Auditor-General reports an irregular first and second tier government spend of R51bn. Add to this a similar non-compliant spend by SOE’s of 24bn; mind boggles when politicians speak of oversight and other challenges. That wonderful racial...

Economy Review 2018 – 04

The Auditor-General reports an irregular first and second tier government spend of R51bn. Add to this a similar non-compliant spend by SOE’s of 24bn; mind boggles when politicians speak of oversight and other challenges. That wonderful racial stereotype where the...

Economy Review 2018 – 03

Municipalities are, by definition, third tier government structures. These entities owe Eskom R17bn. Water provision is in a similar situation. This state of affairs was brought about by the State providing services which it could not afford. On a macroeconomic level...

Economy Review 2018 – 02

The mismanagement of South African finances is clear for all to see. What does hurt is the most recent BER report, which lists what might have been achieved in South Africa over the past eight years. Probably the most damning is that our GDP growth has underperformed...