by Daan Steenkamp | Oct 15, 2019 | Business, Economy, Practice, Property, Snippet
Economy Zimbabwe: same old; hyperinflation is now such that the price on the shelf may change before you get to the till. I am gobsmacked by the stupidity of its voters – but then, democracy in Africa has become a joke. Same old: The WBF, in its Global Competitiveness...
by Daan Steenkamp | Oct 7, 2019 | Business, Economics, Practice, Property, Snippet
Economics Our PMI is at its lowest in 10 years; the IIF says that our SOE disaster could push our national debt to 95% of GDP. I seem to recall having read that once over 70% our economy will not recover? Casting around for comments on the topic, reveals that there is...
by Daan Steenkamp | Sep 30, 2019 | Business, Economics, Practice, Property, Snippet
Economics Reform: Pali Lehola, our previous statistician-general, adressing economic and financial planning by our state, referred to our lack of forward-planning which has apparently been abandoned by our state. He speaks of our knowledge asymmetry: but we all know...
by Daan Steenkamp | Sep 2, 2019 | Business, Economy, Practice, Property, Snippet
Economy The Treasury this week published its economic stimulus plan. I cannot speak for the efficacy of the plan but, like I suspect most South Africans, recognise that anything in this respect is better than nothing. For political factions to criticise the plan,...
by Daan Steenkamp | Aug 27, 2019 | Business, Economy, Practice, Property, Snippet
Economy Listening to the Prez on the issue of compulsory pension investments in SOEs: his lack of denial would indicate that this proposal is certainly not off the table. Why does the State not invest the pension funds it holds on behalf of state employees in those...
by Daan Steenkamp | Aug 21, 2019 | Business, Economy, Practice, Property, Snippet
Economy South Africans are awash in grim economic news led by a faltering GDP, burgeoning population growth and political incompetency. Some notes on green shoots were published this week past: Citadel reports on high 2018 FDI investment which it believes signifies a...
