by Daan Steenkamp | Jun 10, 2019 | Business, Economy, Practice, Property, Snippet
Economy Silver bullet economics: post-election economic debate has centred on job creation and the Reserve Bank. Calls are made by a variety of worthies for the Reserve Bank to be privatised, and for it to drop interest rates, create jobs, release its reserves and...
by Daan Steenkamp | Jun 3, 2019 | Business, Economy, Practice, Property, Snippet
Economy Stats SA reports that 44% of SA households receive at least one social grant, up from 30% 15 years ago. This somewhat depressing news prompted me to look further: I was lent a copy of the SA Survey 2019 by the IRR; the statistics are most interesting. Some of...
by Daan Steenkamp | May 27, 2019 | Business, Economy, Practice, Property, Snippet
Economy Despite the exuberance that accompanied the swearing in of our latest Parliament, our economic outlook remains bleak: the OECD now estimates our growth forecast for this year at 1.2%. Kganyago (the governor of the Reserve Bank) forecasts only 1% growth. Heck,...
by Daan Steenkamp | May 20, 2019 | Business, Economy, Practice, Property, Snippet
Economy Stats SA reports that retail sales registered pedestrian growth of just 0.2% yoy for the first quarter of this year. It is estimated that our GDP may have dropped by about 2% quarter-on-quarter. Mining output had plunged 8.1% in February and had contracted...
by Daan Steenkamp | May 13, 2019 | Practice, Property, Snippet
Property Updated conveyancing tariff guidelines will come into operation on 1 June. Featherbrooke is a secured residential estate. Burglars gained access and invaded the residence of one of its residents and shot/assaulted the family. The residents sued the estate,...
