Snippet 2019 – 22

Economy This week past newspapers reported that Egypt had floated its currency and accepted the pain that went with that. The result was that Egypt’s inflation slowed to single figures and FDI into Egypt has been higher than anywhere else in Africa. Now in Zimbabwe…...

Unregistered Servitudes

You and your neighbour, an old friend, have a decades-old handshake understanding that you and your employees may take a shortcut through his adjoining farm, over an existing road, for you and them to get to another part of your farm. Is this agreement valid and, if...

Snippet 2019 – 21

Economy Moody’s reports that South Africa has the highest private sector debt to GDP ratio in sub Saharan Africa at 148%. The next highest is Kenya at 28%. Its conclusion is that the potential for organic growth by banks in South Africa could only be had by...

Snippet 2019 – 20

Economy President Mnangagwa says that the re-introduction of the Zimbabwe dollar will be a “return to normalcy”. If one were a sceptic, normalcy means bankruptcy and high inflation. The US dollar is predicted to slide into a modest bear market; i.e. 5 – 10% from...

Snippet 2019 – 19

Economy The week before last it was reported that Zimbabwe would be releasing its own currency by year end. It’s interim currency, the RTGS $ has plunged 60% against the US $since February and things are getting worse (its annual inflation reached 97% in May alone)....

Snippet 2019 – 18

Economy The SA BER index remained unchanged in Q2 at 28 points. RMB opined that a technical recession for the first half of this year remains a possibility. This week Prof Malikane (Wits) flighted an article on the South African debt situation. He estimates our...