by Daan Steenkamp | Jul 19, 2021 | Business, Economy, Practice, Property, Snippet
Economy Reform? Us? Those who govern us are not listening: the World Bank says that SA’s medium-term growth outlook is too low to significantly improve socioeconomic conditions and reduce unemployment: Reference Most economists predict that our repo rate will probably...
by Daan Steenkamp | Jul 12, 2021 | Business, Economy, Practice, Property, Snippet
Economy Our state needs to save money to meet budget restraints. Transnet employees were given a 5% rise. The state has just made an increase offer to it public servants generally of 1.5% plus R1000 – for the bottom end bunch this amounts to an effective 11% pay rise...
by Daan Steenkamp | Jul 6, 2021 | Business, Economics, Practice, Property, Snippet
Economics C Ryan: ”… the JSE Top 40, in red, looks decidedly pedestrian against the S&P 500, which returned 278% over 10 years against the Top 40’s 28.3%.” Our Reserve Bank governor held, a week-and-a-half ago, that there is a case for lowering the banks...
by Daan Steenkamp | Jun 28, 2021 | Business, Economy, Practice, Property, Snippet
Economy Our economy is recovering and so is our Consumer Price Inflation rate: speculation holds that the Reserve Bank is expected to begin to hike interest rates later this year. Boring. The truth is not always saleable. An argument was raised this week, that BEE...
by Daan Steenkamp | Jun 21, 2021 | Business, Economics, Practice, Property, Snippet
Economics You would, no doubt, have seen that our economy is now predicted to grow at some 5% this year. The interesting thing about this is that the economists, who so predict, say that we should be able to maintain that momentum – especially if the government is...