by Daan Steenkamp | Feb 12, 2019 | Business, Practice, Property, Snippet
Economy Sales of new passenger cars slumped by some 10% in January compared to that of the January before. Whilst optimism is permeating our economic outlook for the year, this figure is disturbing: it would appear to be a marker of economic sentiment which does not...
by Daan Steenkamp | Feb 4, 2019 | Business, Economy, Practice, Property, Snippet
Economy Sweden has adopted The as its official coin: Reference Business On 1 February I received a notice from Google+ to the effect that it was closing down its Googleplus accounts owing to low usage: a self-confessed nerd explained that Google had lost the fight...
by Daan Steenkamp | Jan 28, 2019 | Business, Economy, Practice, Property, Snippet
Economy The Absa PMI rose to marginally positive in December, the best level of last year. The Business Confidence Index deteriorated marginally to 31 in the last quarter. The Consumer Confidence Index settled at a marginally positive rate. Spending: in order to get...
by Daan Steenkamp | Dec 13, 2018 | Business, Economy, Practice, Property, Snippet
Economic review The Auditor-General reports an irregular first and second tier government spend of R51bn. Add to this a similar non-compliant spend by SOE’s of 24bn; mind boggles when politicians speak of oversight and other challenges. That wonderful racial...
by Daan Steenkamp | Dec 11, 2018 | Practice
This week past I was again reminded of a bête noire of mine on the reading an ABSA will: the last clause comprised a standard disclaimer. In a will? To my recollection, the debate on liability leading to this, started in the early 80s when one of the big four banks...
by Daan Steenkamp | Nov 26, 2018 | Practice
It’s not us it’s them: the KZN Department of Health has spent virtually its entire budget for the year on medical negligence claims – that department is reportedly facing claims to the tune of more than R17bn. The department blames unscrupulous lawyers, doctors et...
