by Daan Steenkamp | Apr 6, 2023 | Business, Economy, Practice, Property, Snippet
Economy and business The PIC says that blackouts has reduced the size of our economy by a fifth since 2008. This ,and other policy and political issues (naturally in this country!), has resulted in our GDP growth forecasts for this year, ranging from an optimistic...
by Daan Steenkamp | Mar 13, 2023 | Business, Economy, Practice, Property, Snippet
Economy and business We are on the cusp of a mild recession, and this is reflected in our latest global financial ranking. In such circumstances, businesses plan according to Treasury and SARB predictions. The question we should ask ourselves is whether these...
by Daan Steenkamp | Mar 13, 2023 | Business, Economy, Practice, Property, Snippet
Economy There is little fresh that a layperson (yes, I am PC) can say about our economy which has not been aired in the past week. What remains is to step back – consider the following graph drawn from Statista: This, accompanied by our debt service costs, drawn from...
by Daan Steenkamp | Feb 22, 2023 | Business, Economy, Practice, Property, Snippet
Economy There is little, which is favourable, to report on our economy. The fact is that our country, at most levels, has deteriorated under the current political leadership. This has led to not only the immediate disastrous results (a projected two quarter “technical...
by Daan Steenkamp | Feb 9, 2023 | Business, Economy, Practice, Property, Snippet
Economy The IMF has raised its growth outlook for the world economy to a GDP of 2.9%. Slower than expected but still good news. Predictions for the South African GDP are all over the place, but appears to be in the order of 1%, which is better than a recession but...
by Daan Steenkamp | Jan 25, 2023 | Business, Economy, Practice, Property, Snippet
Economy 2023: Predictions by world financial giants are that this year will bring a global recession. This should bring dampened inflation and a halt in interest-rate rises. If this does happen, the dollar will probably strengthen, it being seen as a safe haven in...
