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)...
by Daan Steenkamp | Aug 14, 2023 | Business, Economy, Practice, Property, Snippet
Economy and business Trends: Our Rand flattered but deceived: it strengthened but is again weakening on the back of the usual including, surprisingly, a trade deficit. Our S&P PMI is down to its second-lowest level in two years and our manufacturing activity fell...
