Snippet 2022 – 14

Economy You might recall that I had, last week, made a note on the risk of world stagflation having increased. Our economy is picking up but so is our inflation rate. The problem is that the pick-up of our economy is modest, if that and inflation is certainly not...

Snippet 2022 – 13

Economics A burning topic is the petrol price and its potential effect upon our economy. On the one hand there is a push for the state to drop the taxes which almost doubles the price of our fuel; on the other is the hard fact that our government is short on income...

Snippet 2022 – 12

Economy Load shedding has an undeniable effect on our economy. The following post reflects a few estimates on the cost of that impact on our GDP: Reference     Business The cancellation of R17bn Rand of SANRAL tenders, predictably has resulted in it potentially being...

Snippet 2022 – 11

Economy The rise in our inflation rate to 5.9% probably prompted the Reserve Bank to raise the Repo rate by a half percent this week past. Why control of the inflation rate matters, is that inflation erodes the value of money and the Reserve Bank mandate is to protect...

Snippet 2022 – 10

Economy It would be fair to say a that South Africa was rescued from penury following on lockdown by the mining sector. On the face of it, the mining sector is flying: is this really so? A survey has placed us amongst the world’s ten most unattractive mining...