by Daan Steenkamp | Aug 4, 2021 | Business, Economy, Practice, Property, Snippet
Economy The Economist published a note on the effect of CV19 on the world markets: it says that the fault lines that will develop between the jabs-had and the jabs-not will increase. The economies of countries, which attain full inoculation against CV19, will burgeon,...
by Daan Steenkamp | Jul 29, 2021 | Business, Economy, Practice, Property, Snippet
Economy Those in the know say that our Rand, at its current US dollar exchange rate, is now fairly valued. If one accepts the Big Mac Index, the real value of the rand should be at about R5.93/US $. That index says that ours is the third most undervalued currency. You...
by Daan Steenkamp | Jul 19, 2021 | Business, Economy, Practice, Property, Snippet
Economy Reform? Us? Those who govern us are not listening: the World Bank says that SA’s medium-term growth outlook is too low to significantly improve socioeconomic conditions and reduce unemployment: Reference Most economists predict that our repo rate will probably...
by Daan Steenkamp | Jul 12, 2021 | Business, Economy, Practice, Property, Snippet
Economy Our state needs to save money to meet budget restraints. Transnet employees were given a 5% rise. The state has just made an increase offer to it public servants generally of 1.5% plus R1000 – for the bottom end bunch this amounts to an effective 11% pay rise...
by Daan Steenkamp | Jul 6, 2021 | Business, Economics, Practice, Property, Snippet
Economics C Ryan: ”… the JSE Top 40, in red, looks decidedly pedestrian against the S&P 500, which returned 278% over 10 years against the Top 40’s 28.3%.” Our Reserve Bank governor held, a week-and-a-half ago, that there is a case for lowering the banks...
by Daan Steenkamp | Jun 28, 2021 | Business, Economy, Practice, Property, Snippet
Economy Our economy is recovering and so is our Consumer Price Inflation rate: speculation holds that the Reserve Bank is expected to begin to hike interest rates later this year. Boring. The truth is not always saleable. An argument was raised this week, that BEE...
