Snippet 2024 – 5

Business Trends: Our SARB Governor says that our economy is not growing – at 0.6% growth thus far this year – and our living standards are falling.Taking inflation into account it is said that South Africans now earn on average what we did in 2006. Growth is limited...

Snippet 2024 – 4

Economy/business Trends: Inflation is easing (The Shisa Njama index says so!) but our consumers are not generally in great shape.Consensus holds that the first six months of this financial year will be much like the end of last year – we had narrowly escaped...

Snippet 2024 – 3

Business and economy The good news (ignoring angst): The inclusion of this portion of my newsletter was prompted by my perception, 28 years ago, that most attorneys are ignorant of business principles and the economy that underlies business. I suspect that times may...

Snippet 2024 – 2

Business Trends: The Reserve Bank six-month business cycle indicator has contracted for the first time since May, which points to an economic decline in the months to come. Eina! Our Rand exchange rate weakened on (so say the learned ones) the back of investors...

Snippet 2024 – 1

Economy and business Trends: The UN says that our estimated growth for this year will be only 0.5%. Interestingly, it warns against debt sustainability, with 18 African countries recording debt-to-GDP ratios of over 70% – we are there! Inflation: our inflation edged...

Snippet 2023 – 21

Economy & Business; Trends: The ABSA PMI for Q3 was downbeat with October at 45.4 (where 50 is neutral). Similarly, it’s Business Confidence index stood at 31 points. Not much good in this. However, there is some good news: The AG reported a noticeable...