by Daan Steenkamp | Aug 27, 2019 | Business, Economy, Practice, Property, Snippet
Economy Listening to the Prez on the issue of compulsory pension investments in SOEs: his lack of denial would indicate that this proposal is certainly not off the table. Why does the State not invest the pension funds it holds on behalf of state employees in those...
by Daan Steenkamp | Aug 21, 2019 | Business, Economy, Practice, Property, Snippet
Economy South Africans are awash in grim economic news led by a faltering GDP, burgeoning population growth and political incompetency. Some notes on green shoots were published this week past: Citadel reports on high 2018 FDI investment which it believes signifies a...
by Daan Steenkamp | Aug 6, 2019 | Business, Economy, Practice, Property, Snippet
Economy Engineeringnews ran an article by Bloomberg, reporting that foreigners are ditching SA bonds and stocks at the fastest pace on record (i.e. since 1998) and outflows are accelerating. You must love how this is explained: SA’s fundamental picture remains very...
by Daan Steenkamp | Jul 29, 2019 | Business, Economics, Practice, Property, Snippet
Economics The governor of our Reserve Bank expects an economic growth of below 0.8% this year. On the matter of economic growth, the IMF predicts a 3.2% global economic growth with a sub-Saharan economic growth of 3.4%. Its projection for South Africa is down to 0.7%...
by Daan Steenkamp | Jul 22, 2019 | Business, Economy, Practice, Property, Snippet
Economy This week past newspapers reported that Egypt had floated its currency and accepted the pain that went with that. The result was that Egypt’s inflation slowed to single figures and FDI into Egypt has been higher than anywhere else in Africa. Now in Zimbabwe…...
