by Daan Steenkamp | Apr 19, 2022 | Business, Economy, Practice, Property, Snippet
Economy It would be fair to say a that South Africa was rescued from penury following on lockdown by the mining sector. On the face of it, the mining sector is flying: is this really so? A survey has placed us amongst the world’s ten most unattractive mining...
by Daan Steenkamp | Apr 16, 2022 | Business, Economy, Practice, Property, Snippet
Economy It would appear that a worldwide economic recovery is underway and we are not unaffected by this. Good signs are that our Rand has stabilised and strengthened against other currencies and that both Fitch and Moody’s have upgraded our debt outlook from negative...
by Daan Steenkamp | Apr 5, 2022 | Business, Economy, Practice, Property, Snippet
Economy Broke? A report on Defenceweb dealt with a litany of woes, revolving around funding which has resulted in inadequate training, lack of readiness, the un-serviceability of combat craft and so on. Much the same may be said of our civil service which is well-paid...
by Daan Steenkamp | Mar 29, 2022 | Business, Economy, Practice, Property, Snippet
Economy Topical news is a note on what will happen if Russia defaults on its debts? Exactly this happened in 1998 and interest rates shot up all around the world – ours hit 25%. The suggestion made was that Russia will probably default on its debts in the next month...
by Daan Steenkamp | Mar 25, 2022 | Business, Economy, Practice, Property, Snippet
Economy Four things greater than all things are women and horses and power and war. Kipling I’m a sporadic reader of the history of war and my understanding is that, generally, the crowd with the deepest pockets wins. The below graph, drawn from the World Bank, is...
by Daan Steenkamp | Feb 28, 2022 | Business, Economy, Practice, Property, Snippet
Economy What has happened in the Ukraine happened to Georgia: what does a state do when the majority of a population in a province wants to belong next door? Mr Putin simply capitalised on this, twice. Anyway, we will pay more for petrol but our tax revenues from...
