by Daan Steenkamp | Jun 14, 2022 | Business, Economics, Practice, Snippet
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...
by Daan Steenkamp | Jun 10, 2022 | Business, Economics, Practice, Property, Snippet
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...
by Daan Steenkamp | May 31, 2022 | Business, Economy, Practice, Property, Snippet
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...
by Daan Steenkamp | May 25, 2022 | Business, Economy, Practice, Property, Snippet
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...
by Daan Steenkamp | Apr 19, 2022 | Business, Economy, Practice, Property, Snippet
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...