by Daan Steenkamp | Mar 24, 2019 | Business, Economy, Practice, Property, Snippet
Economy StatsSA reports that our government’s gross loan debt stands at R2.2trl at present and should stabilise at R3.5tln. This equates to a present debt of R40 000 per person in South Africa. For a country where the long-term per capita income is expected to trend...
by Daan Steenkamp | Mar 18, 2019 | Business, Economics, Practice, Property, Snippet
Economics Is it possible to grow an economy, paying attention to exclusion and inequality: inclusive prosperity? A Harvard professor believes that we could move away from what he describes as a perverted Keynesian model; yawn, take a look: Reference The hemline index:...
by Daan Steenkamp | Mar 11, 2019 | Business, Economy, Practice, Property, Snippet
Economy The KZN in government has ambitions to bulk-buy for spaza shops: socialist drivel from a bunch who cannot properly distribute condoms. Rationality in retreat: the upcoming elections do not serve as a platform to establish a rational and sustainable economic...
by Daan Steenkamp | Mar 4, 2019 | Business, Economy, Practice, Property, Snippet
Economy Goldman Sachs has suggested that the global economy may have bottomed out and that green shoots are emerging. The Daily Maverick reported that the cost of state capture over the second term of the Zuma administration cost around R1.5trillian: this is...
by Daan Steenkamp | Feb 25, 2019 | Business, Economy, Practice, Snippet
Economy I had long known that tax comprises a large part of the cost of vehicle fuel; I had not known that taxes account for some 42% of new car prices. It appears that local vehicle taxes are proportionately much higher than that of larger markets in Europe, the US...
by Daan Steenkamp | Feb 18, 2019 | Business, Economics, Practice, Property, Snippet
Economics Some years back, local chicken farmers complained that they were not being protected by the state. We have all eaten imported cheap chickens – the cost was the closure of a great many local chicken producers. Sugarcane farmers now call for protection and...
