by Daan Steenkamp | Nov 26, 2023 | Business, Economy, Practice, Property, Snippet
Economy & Business; Trends: Hearteningly, there appears to be green shoots in what had been rather dismal financial predictions of late. Y-o-y private sector capital expenditure in the last quarter is up by almost a third, FDI has been boosted by our clean-tech...
by Daan Steenkamp | Nov 12, 2023 | Business, Economy, Practice, Property, Snippet
Economy & Business; MTBPS Budget: Our Medium-Term Budget Policy Statement has come and gone and there is little to be said about our economy which is not common news. The following is our Finance Minister’s part-solution to the problem: “We propose a strategy of...
by Daan Steenkamp | Nov 12, 2023 | Business, Economy, Practice, Property, Snippet
Economy & business; Trends: Times are tough, financially speaking, in South Africa today. This is reflected in Famous Brands’ (think Steers, Debonairs, Wimpy, Mug & Bean, FishAways etc.) drop in earnings of late. Government spending and income has been much...
by Daan Steenkamp | Oct 24, 2023 | Business, Economy, Practice, Property, Snippet
Economy & business Trends Our exchange rate was trading at its worst level against the dollar since early June this week past. This prompted one writer to start talking currency crash; down from R13.7 in mid-2021 to a current level of about R19.1 to the US $....
by Daan Steenkamp | Sep 7, 2023 | Business, Economy, Practice, Property, Snippet
Economy and business Trends: There is little new to report, save to comment that our economy appears to be holding up better than one would have thought – inflation appears to be abating with core inflation dropping. The Rand has strengthened on the back of, amongst...
by Daan Steenkamp | Aug 24, 2023 | Business, Commercial, Practice, Property, Snippet
Commercial and business Trends Our Rand exchange rate has been quite volatile of late and, aside from the accepted understanding that its value will depreciate against most major currencies, the last Big Mac Index report (before the Rand fell fairly dramatically)...
