Snippet 2021 – 15

Economy Let’s forget about tomorrow .. Let’s forget about the money.. For tomorrow never comes… (Sinatra) – us old folks would recall. Today’s generation is in the throes of central bank spending like there is no tomorrow and, we are told that if this had not been...

Snippet 2021 – 14

Economy Aside from the mining sector, high on a commodity-driven boom, our agricultural sector emerged from the pandemic relatively unscathed: the latest Stats SA figures showed a production expansion of 13.1%. Our Reserve Bank losing its bite? Switch Auctions are...

Snippet 2021 – 13

Economy Us ordinary folks reasonably expect the Rand to weaken, our economy and our politics being in tatters and all… Yet the Rand touched its strongest levels in two years this past week: why (in an answer we can all understand)? Because our economy is weak, we...

Snippet 2021 – 12

Economy The NUM wants a wage increase of some 68% for the lowest paid miners, up to a minimum wage of R15K per month, with an average of between 15 – 20% for the others. The rationale is said to be the high profit currently made by mining houses: it is true that the...

Snippet 2021 – 11

Economy SAL has reduced its liabilities from R38bn to R2.6bn and has cut its workforce by almost 80%. The question now is how it will operate and whether it will really be viable, given that air traffic is expected to remain depressed for years and now it needs...

Snippet 2021 – 10

Economy What budget? The ink on the latest budget is hardly dry when we have Ace encouraging students to stand up for their rights to education which he says is ANC policy; Blade immediately folds and extra NSFAS funds are found. Similarly, with the impending lapse of...