Die ekonomie minuut

If you listen to my podcast regularly you will know that I am generally in favour of strict monetary policy and sympathetic to the challenges facing the Monetary Policy Committee - it is difficult to get the neutral interest rate right and keep inflation on target - so many things are outside of their control. But today I want to appeal to them to be bold, for the sake of economic growth. This epi...

As jy gereeld na my podsending luister sal jy weet ek is ten gunste van streng monetêre beleid en simpatiek met die uitdagings wat die Monetêre Beleidskomitee in die gesig staar – dit is moeilik om die neutrale rentekoers reg te kry en inflasie by die teiken te hou – so baie goed is buite hulle beheer. Maar vandag wil ek ʼn beroep op hulle doen om, soos mens in Engels sê, “bold”, te wees vir ekonom...

The Monetary Policy Committee has been meeting since yesterday and will announce their repo rate decision tomorrow afternoon. The expectation is that they will cut the repo rate by 25 basis points. I thought it would be good to talk about all the things they are considering. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Die Monetêre Beleidskomitee vergader sedert gister en maak more middag hulle repokoers besluit bekend. Die verwagting is dat hulle die repokoers met 25 basispunte gaan sny. Ek het gedink dit is goed om vinnig te praat oor al die dinge wat hulle oorweeg. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

This week, there are significant interest rate decisions in the US and South Africa. I’ve said a few times that we cannot cut before the Americans cut, but why is that, and do we always follow them? This episode is supported by the NWU Business School.

Hierdie week is daar groot rentekoers besluite in die VSA en Suid-Afrika. Ek het al ʼn paar keer gesê ons kan nie sny voor die Amerikaners nie sny nie, maar hoekom is dit so, en volg ons hulle altyd? Hierdie episode word ondersteun deur die NWU Sakeskool.

There are a few ways in which we will know that the optimism about and trust in the Government of National Unity can grow the economy. One is when investment starts to increase again. Not financial investment, but real capital formation. The other is our credit rating is no longer junk status. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Daar is ʼn paar manier hoe ons sal weet dat die optimisme oor en vertroue in die Regering van Nasionale Eenheid die ekonomie kan laat groei. Een is as investering weer begin toeneem. Nie finansiële investering nie, maar regte kapitaalvorming. Die ander is ons kredietgradering nie meer rommelstatus is nie. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die...

With less than a week to go before the Monetary Policy Committee's next repo rate decision, inflation in the US and inflation expectations in South Africa made the headlines this week. This episode is supported by the NWU Business School.

Met minder as oor ʼn week voor die Monetêre beleidskomitee se volgende repokoers besluit het inflasie in die VSA en inflasieverwagtinge in Suid-Afrika hierdie week die nuus gehaal. Hierdie episode word ondersteun deur die NWU Sakeskool.

Those of us who watch the economic indicators are holding our breath for good news from the third quarter and I am happy to say that the July manufacturing figures came in better than expected. This episode is supported by the NWU Business School.

Ons klomp wat die ekonomiese aanwysers dophou, hou asem op vir goeie nuus uit die derde kwartaal en ek is bly om te sê dat die Juliemaand vervaardigingsyfers beter as verwag ingekom het. Hierdie episode word ondersteun deur die NWU Sakeskool.

I have said several times that South Africa needs an economic growth miracle. This is a growth rate of 5% per year or more for many years. This will of course help a lot to reduce unemployment and poverty, but one should not underestimate how important small growth differences are over a long period of time. The cumulative effect counts. This episode is supported by Economic Research Southern Afri...

Ek het al ʼn paar keer gesê dat Suid-Afrika ʼn ekonomiese groei-wonderwerk nodig het. Dit is ʼn groeikoers van 5% per jaar of meer vir ʼn klomp jare. Dit sal natuurlik baie help om werkloosheid en armoede te verminder, maar mens moet nie onderskat hoe belangrik klein groei verskille oor ʼn lang tydperk is nie. Die kumulatiewe effek tel. Hierdie episode word ondersteun deur Economic Research Southern Af...

Just over 100 episodes ago I talked about Zimbabwe's new ZiG currency, or rather Zimbabwe Gold. It's five months later and there are already problems. The ZiG was introduced at 13.50 against the US dollar, it now officially trades at 14.50, but on the parallel market, the exchange rate is 25ZiG to a dollar. This episode is supported by the NWU Business School.

Ek het net mooi 100 episodes gelede gepraat oor Zimbabwe se nuwe ZiG geldeenheid, of te wel Zimbabwe Goud. Dit is vyf maande later en daar is reeds probleme. Die ZiG is bekendgestel teen 13,50 teenoor die Amerikaanse dollar, dit verhandel nou amptelik teen 14,50, maar op die parallelle mark is die wisselkoers 25ZiG vir ʼn dollar. Hierdie episode word ondersteun deur die NWU Sakeskool.

It is a new week and on the macroeconomic side the story remains inflation and interest rates. The Americans announced employment and unemployment figures on Friday, their August inflation data will be announced on Wednesday, and the European Central Bank has an interest rate decision ahead. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Dit is ʼn nuwe week en aan die makro-ekonomiese kant bly die storie inflasie en rentekoerse. Die Amerikaners het Vrydag indiensname en werkloosheidsyfers bekend gemaak, hulle Augustus inflasie data word Woensdag bekend gemaak, en die Europese sentrale bank het ʼn rentekoersbesluit voor. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

After a week full of indicators, today I just want to catch up with the rest of the economic news. This includes the kick-off of the two-pot system, the President's visit to China and the IMF's latest report on South Africa. This episode is supported by the NWU Business School.

Na ʼn week vol aanwysers wil ek vandag net opvang met die res van die ekonomiese nuus. Dit sluit in die afskop van die twee-pot stelsel, die President se besoek aan Sjina en die IMF se nuutste verslag oor Suid-Afrika. Hierdie episode word ondersteun deur die NWU Sakeskooll.

I am positive about the economic prospects for the country, but high-frequency indicators are not yet as positive as the commentators or the markets. This episode is supported by the NWU Business School.

Ek is positief oor die ekonomiese vooruitsigte vir die land, maar hoë frekwensie aanwysers is nog nie so positief soos die kommentators of die markte nie. Hierdie episode word ondersteun deur die NWU Sakeskool.

Statistics South Africa released the second quarter's GDP figure yesterday and to everyone's relief, the economy at least grew by 0.4%. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Statistieke Suid-Afrika het gister die tweede kwartaal se BBP syfer bekend gemaak en tot almal se verligting het die ekonomie darem met 0,4% gegroei. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

But how much relief can we expect and what will the terminal repo rate be? This episode is supported by the NWU Business School.