by Daan Steenkamp | Oct 28, 2021 | Business, Economy, Practice, Property, Snippet
Economy The expected GDP growth in China is down to 4.9% from 7.9 in the preceding quarter. There are several reasons for this, amongst which is an electricity shortage….sound familiar? Much more topical is the ongoing discussion of our inflation rate and what it...
by Daan Steenkamp | Oct 19, 2021 | Business, Economy, Practice, Property, Snippet
Economics The basics (yawn): the IMF upped its estimate of our growth to 5% and BNP expects the Rand to strengthen towards year end. This is broadly in accordance with business expectation for the immediate future. There are, despite the rosier outlook above, several...
by Daan Steenkamp | Oct 13, 2021 | Business, Economy, Practice, Property, Snippet
Economy There’s not much new in circulation regarding our economy other than re-statements of the following: the Reserve Bank saying that SA cannot rely on high commodity prices for our economic recovery; the World Bank projecting our after-CV 19 growth rate at 4.6%;...
by Daan Steenkamp | Oct 5, 2021 | Business, Economy, Practice, Property, Snippet
Economy The following article, ex the Daily Friend, deals with EWC; however, it is worth reading simply for the economic history of South Africa. For those who long for the good old days pre-ANC – do read this: things financially were not as great in the early...
by Daan Steenkamp | Sep 27, 2021 | Business, Economy, Practice, Property, Snippet
Economy The SA inflation rate for August is 4.9% – compare this with Kenya which hit 4.5% in January…and the EU which averaged 0.68% last year. Just this shows why our currency must needs depreciate against the Euro and Dollar. The elephant in our fiscal room is how...
