by Daan Steenkamp | Sep 27, 2021 | Business, Economy, Practice, Property, Snippet
Economy Our economic news is mildly interesting: our economy grew by 1.2% in the 2nd quarter; Old Mutual forecasts a 5.5% economic growth for South Africa, next year; our economy is some 11% bigger than we thought, shown up by the rebasement of our GDP; and Zimbabwe’s...
by Daan Steenkamp | Aug 19, 2021 | Business, Economy, Practice, Property, Snippet
Economy Two independent, but related economic articles, were floated this week past: the first a note that the production cuts in China had put pressure on iron ore prices; the second a broadening of this result into a curtailment of the runaway commodity prices (also...
by Daan Steenkamp | Aug 10, 2021 | Business, Economy, Practice, Property, Snippet
Economy Pundits do not agree on our GDP trajectory for the next year; these are the predictions: Momentum 4% PwC 2.3% Old Mutual 5% The question is we are we going. As far as Rand value is concerned, Prof Grant (a publications editor for the Free Market Foundation)...
by Daan Steenkamp | Aug 4, 2021 | Business, Economy, Practice, Property, Snippet
Economy The Economist published a note on the effect of CV19 on the world markets: it says that the fault lines that will develop between the jabs-had and the jabs-not will increase. The economies of countries, which attain full inoculation against CV19, will burgeon,...
by Daan Steenkamp | Jul 29, 2021 | Business, Economy, Practice, Property, Snippet
Economy Those in the know say that our Rand, at its current US dollar exchange rate, is now fairly valued. If one accepts the Big Mac Index, the real value of the rand should be at about R5.93/US $. That index says that ours is the third most undervalued currency. You...
