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 | Nov 29, 2018 | Snippet
“Bananaism”: Build Absolutely Nothing Anywhere Near Anything. The term is applied to those who buy into areas which would develop in order to lock in the gains that are expected in such a development. This leads to open areas owned by some but not being actually used...
by Daan Steenkamp | Nov 20, 2018 | Snippet
The KZN Department of Health issued a directive stating that all registrar posts must go to black applicants. This means that you cannot specialise in KZN if you are white. One understands that the State wishes to fill racial quotas but, if one has a system in which...