by Daan Steenkamp | Feb 24, 2020 | Business, Economy, Practice, Property, Snippet
Practice The rigidity of Roman law of contract was ameliorated by the introduction of normative principles allowing the adaptation of law to the changing needs of the times – often expressed as good faith. Law changes slowly but one must expect our law to be...
by Daan Steenkamp | Feb 17, 2020 | Business, Economics, Practice, Property, Snippet
Economics The BER announced that it expects our GDP growth to arise to 1.2% next year, double that expected for this year. The fact is that the triple challenge of poverty, inequality and unemployment will not be addressed with economic growth at this rate. The...
by Daan Steenkamp | Feb 10, 2020 | Business, Economics, Practice, Snippet
Economics If we take the state of our economy today, with 18-million people getting social grants, it means reprioritisation of the budgets will not pull us out of that problem. What we need is new capital, capable of creating new jobs and boosting manufacturing.”...
by Daan Steenkamp | Feb 3, 2020 | Business, Economy, Practice, Property, Snippet
Economy Only one commentator picked up on the absurdity of the Development Bank of SA loan to SAA: the stated primary purpose of the bank is to promote economic development and growth and to improve the quality of lives of people and promote regional integration...
by Daan Steenkamp | Jan 27, 2020 | Business, Economy, Practice, Property, Snippet
Economy The Mercury described SAA as having gone into a death spiral. Understandably, who wants to book on a plane that might never fly. This will definitely get worse. It appears that the downgrade of our credit rating to junk status is virtually a certainty. The...
by Daan Steenkamp | Jan 20, 2020 | Business, Economics, Practice, Property, Snippet
Economics Same old – plus ça change(for the Lani) ; the self inflicted decline of our economy and, indeed, our state, continues: – our SOE’s are in dire straits and a turnaround is certainly not in sight ; – power outages/loadshedding has become...