by Daan Steenkamp | Jul 20, 2020 | Business, Economics, Practice, Property, Snippet
Economics South Africa is reportedly in the 80th month of a weakening economic cycle, of which only the last three can fairly be attributed to CV 19. Self-made? Certainly. I was intrigued to hear a political commentator decline naming Zimbabwe as a failed state,...
by Daan Steenkamp | Jul 13, 2020 | Business, Economy, Practice, Property, Snippet
Economy B4SA, supported by BBC, and BUSA, made a proposal that infrastructure forms the flywheel of our financial recovery to the tune of R3.4Tr. What is true is that such development would create jobs and multiply the value of the sum spent considerably. Our problem,...
by Daan Steenkamp | Jul 6, 2020 | Business, Economy, Practice, Property, Snippet
Economy More or less? I am confused as to where we should go, economically speaking. Should we tighten our economic belt, spend more, or both? Tito has called for the former; this week a bunch of PhD’s and similar, called for more expenditure. My gut says that you...
by Daan Steenkamp | Jun 30, 2020 | Business, Economy, Practice, Property, Snippet
Economy I don’t believe we have an economic or financial problem in South Africa. We have a political problem. Dawie Rood ‘Potamus rising: the world debt is, on average 100% of world GDP. Ours sits at 81% of our GDP. Better than many, but, when we are spending 21% of...
by Daan Steenkamp | Jun 23, 2020 | Business, Economy, Practice, Property, Snippet
Economy Can Dr Doom be right again? Roubini, a New York University Prof, sprang into prominence when his 2006 warning, that the US housing market would collapse, proved true. He now predicts a post-CV19 economic rebound, followed by a collapse beneath the weight of...
by Daan Steenkamp | Jun 17, 2020 | Business, Economics, Practice, Property, Snippet
Economics Economic news in Africa, and closer to home, is not great, as may be seen from the following: the average share of African government revenue that goes towards external debt service has tripled over the past 10 years to 13%; Angola, Africa’s second-largest...
