Snippet 2022 – 02

Economy ReviewTheFuel# is a petition started by the AA for a review (read lowering) of the fuel price structure to take pressure off consumers. Fanciful: our state is virtually broke and just this tax raises R85bn which is solely needed by those who govern for...

Snippet 2022 – 01

Economy Performance: Our economy has stabilised and is set for a 1.5 -7% GDP growth this year (the World Bank had said 2.1%). With a population growth of 1.5% and a burgeoning inflation rate, such growth is not going to impact meaningfully on unemployment. Most of the...

Snippet 2021 – 38

Economy The primary economic news of this week past must be well known to all those who pay attention; some notables are – That our expected GDP growth for next year is softening, given the expected impact of omicron. That twenty-eight banks have now been drawn into...

Snippet 2021 – 37

Economy Been there done that: our roiling markets reflect the uncertainty that another lockdown will do to those sectors of our economy affected most by the Covid pandemic. Think travel/hospitality/tourism. On top of this uncertainty are two negatives that also...

Snippet 2021 – 36

Economy Some salient economic issues are: Old hat, but still – Our Post Office is in financial trouble; unsurprisingly, when last did you post a letter? What is not nice is that the Post Office has not paid over taxes on salaries, despite having deducted this. You try...

Snippet 2021 – 35

Economics There is some good news to report on and for this the Prez should be lauded even though much of this is not directly attributable to his leadership: Our new Minister of Finance stuck to the expenditure containment script and even stated that he prefers job...