Snippet 2022 – 18

Economy This week past I was privileged to attend a talk by the Nedbank chief economist Nicky Weimar, who gave an overview on our economy, set against the world economy. Salient points raised by her were: Covid shifted consumer demand from services towards goods –...

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Economy South African appear to be taking an economic pounding at present. Inflation is at a 13-year high, households are reducing expenditure, including reducing reliance on domestic workers and so on. On the other hand, things are probably not as bad as one might...

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Economy We have been immersed in Eskom woes for some 15 years and no decisive and thoughtful political initiative has been taken to sort out the problem. The problem is not just Eskom – the problem is our politicians. The Bitcoin price varied from $10k to $60k and...

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Economy This week past the Prez cited the motor industry as a prime example of the success of state assistance en route to calling for state assistance within our economy (an ideological position). I recalled son number one commenting on such assistance some years...

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Economy You might recall that I had, last week, made a note on the risk of world stagflation having increased. Our economy is picking up but so is our inflation rate. The problem is that the pick-up of our economy is modest, if that and inflation is certainly not...

Snippet 2022 – 13

Economics A burning topic is the petrol price and its potential effect upon our economy. On the one hand there is a push for the state to drop the taxes which almost doubles the price of our fuel; on the other is the hard fact that our government is short on income...