by Daan Steenkamp | Oct 5, 2021 | Business, Economy, Practice, Property, Snippet
Economy The following article, ex the Daily Friend, deals with EWC; however, it is worth reading simply for the economic history of South Africa. For those who long for the good old days pre-ANC – do read this: things financially were not as great in the early...
by Daan Steenkamp | Sep 27, 2021 | Business, Economy, Practice, Property, Snippet
Economy The SA inflation rate for August is 4.9% – compare this with Kenya which hit 4.5% in January…and the EU which averaged 0.68% last year. Just this shows why our currency must needs depreciate against the Euro and Dollar. The elephant in our fiscal room is how...
by Daan Steenkamp | Sep 27, 2021 | Business, Economy, Practice, Property, Snippet
Economy Our economic news is mildly interesting: our economy grew by 1.2% in the 2nd quarter; Old Mutual forecasts a 5.5% economic growth for South Africa, next year; our economy is some 11% bigger than we thought, shown up by the rebasement of our GDP; and Zimbabwe’s...
by Daan Steenkamp | Aug 19, 2021 | Business, Economy, Practice, Property, Snippet
Economy Two independent, but related economic articles, were floated this week past: the first a note that the production cuts in China had put pressure on iron ore prices; the second a broadening of this result into a curtailment of the runaway commodity prices (also...
by Daan Steenkamp | Aug 10, 2021 | Business, Economy, Practice, Property, Snippet
Economy Pundits do not agree on our GDP trajectory for the next year; these are the predictions: Momentum 4% PwC 2.3% Old Mutual 5% The question is we are we going. As far as Rand value is concerned, Prof Grant (a publications editor for the Free Market Foundation)...
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,...
