Snippet 2022 – 16

Economy We have been immersed in Eskom woes for some 15 years and no decisive and thoughtful political initiative has been taken to sort out the problem. The problem is not just Eskom – the problem is our politicians. The Bitcoin price varied from $10k to $60k and...

Snippet 2022 – 15

Economy This week past the Prez cited the motor industry as a prime example of the success of state assistance en route to calling for state assistance within our economy (an ideological position). I recalled son number one commenting on such assistance some years...

Snippet 2022 – 14

Economy You might recall that I had, last week, made a note on the risk of world stagflation having increased. Our economy is picking up but so is our inflation rate. The problem is that the pick-up of our economy is modest, if that and inflation is certainly not...

Snippet 2022 – 13

Economics A burning topic is the petrol price and its potential effect upon our economy. On the one hand there is a push for the state to drop the taxes which almost doubles the price of our fuel; on the other is the hard fact that our government is short on income...

Snippet 2022 – 12

Economy Load shedding has an undeniable effect on our economy. The following post reflects a few estimates on the cost of that impact on our GDP: Reference     Business The cancellation of R17bn Rand of SANRAL tenders, predictably has resulted in it potentially being...

Snippet 2022 – 11

Economy The rise in our inflation rate to 5.9% probably prompted the Reserve Bank to raise the Repo rate by a half percent this week past. Why control of the inflation rate matters, is that inflation erodes the value of money and the Reserve Bank mandate is to protect...