Snippet 2019 – 06

Economy Goldman Sachs has suggested that the global economy may have bottomed out and that green shoots are emerging. The Daily Maverick reported that the cost of state capture over the second term of the Zuma administration cost around R1.5trillian: this is...

Snippet 2019 – 05

Economy I had long known that tax comprises a large part of the cost of vehicle fuel; I had not known that taxes account for some 42% of new car prices. It appears that local vehicle taxes are proportionately much higher than that of larger markets in Europe, the US...

Snippet 2019 – 04

Economics Some years back, local chicken farmers complained that they were not being protected by the state. We have all eaten imported cheap chickens – the cost was the closure of a great many local chicken producers. Sugarcane farmers now call for protection and...

Snippet 2019 – 03

Economy Sales of new passenger cars slumped by some 10% in January compared to that of the January before. Whilst optimism is permeating our economic outlook for the year, this figure is disturbing: it would appear to be a marker of economic sentiment which does not...

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...