by Daan Steenkamp | Jul 9, 2019 | Legal, Property
You and your neighbour, an old friend, have a decades-old handshake understanding that you and your employees may take a shortcut through his adjoining farm, over an existing road, for you and them to get to another part of your farm. Is this agreement valid and, if...
by Daan Steenkamp | Jul 8, 2019 | Business, Economy, Practice, Property, Snippet
Economy Moody’s reports that South Africa has the highest private sector debt to GDP ratio in sub Saharan Africa at 148%. The next highest is Kenya at 28%. Its conclusion is that the potential for organic growth by banks in South Africa could only be had by...
by Daan Steenkamp | Jul 1, 2019 | Business, Economy, Practice, Property, Snippet
Economy President Mnangagwa says that the re-introduction of the Zimbabwe dollar will be a “return to normalcy”. If one were a sceptic, normalcy means bankruptcy and high inflation. The US dollar is predicted to slide into a modest bear market; i.e. 5 – 10% from...
by Daan Steenkamp | Jun 24, 2019 | Business, Economy, Practice, Property, Snippet
Economy The week before last it was reported that Zimbabwe would be releasing its own currency by year end. It’s interim currency, the RTGS $ has plunged 60% against the US $since February and things are getting worse (its annual inflation reached 97% in May alone)....
by Daan Steenkamp | Jun 17, 2019 | Business, Economy, Practice, Property, Snippet
Economy The SA BER index remained unchanged in Q2 at 28 points. RMB opined that a technical recession for the first half of this year remains a possibility. This week Prof Malikane (Wits) flighted an article on the South African debt situation. He estimates our...
