by Daan Steenkamp | Nov 22, 2018 | Economy
Municipalities are, by definition, third tier government structures. These entities owe Eskom R17bn. Water provision is in a similar situation. This state of affairs was brought about by the State providing services which it could not afford. On a macroeconomic level...
by Daan Steenkamp | Nov 20, 2018 | Snippet
The KZN Department of Health issued a directive stating that all registrar posts must go to black applicants. This means that you cannot specialise in KZN if you are white. One understands that the State wishes to fill racial quotas but, if one has a system in which...
by Daan Steenkamp | Nov 18, 2018 | Practice
The CEO of the RAF has said that the RAF had been insolvent since 1981… It is R9bn worth of claims in arrears each month. Yet it only receives around R3.5bn monthly from the Treasury but settles claims worth R4bn. We may not like this, but a different system...
by Daan Steenkamp | Nov 16, 2018 | Property
It is easier to grasp the growth of residential buildings (by type) by looking at the picture: Reference it appears that, on average, house price growth has stagnated. On the positive side, Ooba reports that its home loan approval rates are increasing (its yoy...
by Daan Steenkamp | Nov 14, 2018 | Business
Our PMI is reported to have shown the steepest decline in private sector economic activity in fifty-one months; falling to 46.9 points. There are green shoots here and there but, generally speaking, it is hard to keep faith. I have a very interesting video which...
