Die ekonomie minuut

There was good inflation news out of the US yesterday. July's inflation rate was 2.9%. This increased the chances that the Fed will cut their interest rate in September, and that was good for the rand/dollar exchange rate which was trading at R18.06 per dollar. This episode is supported by the NWU Business School.

Daar was gister goeie inflasie nuus uit die VSA. Juliemaand se inflasiekoers was 2,9%. Dit het die kanse dat die Fed hulle rentekoers gaan sny in September vergroot en dit was goed vir die rand/dollar wisselkoers wat op R18,06 per dollar verhandel het. Hierdie episode word ondersteun deur die NWU Sakeskool.

The transition to greener energy sources is something of a public good - it will benefit everyone but can be costly for individuals or businesses. Is there a good way to give subsidies to help pay for it all? This episode is supported by Economic Research Southern Africa and the NWU Business School.

Die oorgang na groen energie bronne is soort van 'n openbare goed - dit sal tot almal se voordeel wees, maar kan duur wees vir individue en besighede. Is daar 'n goeie manier om subsidies te gee om vir dit alles te betaal? Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

Statistics South Africa will announce the second quarter's unemployment rate later today. I thought it was good to put the figure into perspective. This episode is supported by the NWU Business School.

Statistieke Suid-Afrika maak vandag die tweede kwartaal se werkloosheidskoers bekend. Ek het gedink dit is goed om die syfer in perspektief te plaas. Hierdie episode word ondersteun deur die NWU Sakeskool.

I read last night that Jo-Anne van Dyk who won the silver medal in the javelin on Saturday night, did so without income support from Sascoc's Operation Excellence programme. We know that amateur athletes who perform at the highest level do not have it easy. I also know too little about who was funded in which ways to say much more about it, but it does show the important principle that it is d...

Ek lees gisteraand dat Jo-Anne van Dyk wat Saterdagaand die silwermedalje in die spiesgooi gewen het, dit gedoen het sonder inkomste-ondersteuning van Sascoc se Operation Excellence program. Mens weet dat amateur atlete wat op die hoogste vlak presteer dit nie maklik het nie. Ek weet ook te min van wie op watter maniere befonds is om veel meer daaroor te sê, maar dit wys tog die belangrike beginse...

The media reports that the ANC Lekgotla supports the idea of Operation Vulindlela intervening at local government level. Minister Parks Tau says that there must be a greater appetite to mobilize resources in collaboration with the private sector. I agree, but no one is saying anything about the principle that the consumer should pay. This episode is supported by the NWU Business School.

Die media rapporteer dat die ANC Lekgotla steun die idee dat Operasie Vulindlela ingryp op plaaslike owerheidsvlak. Minister Parks Tau sê dat daar ʼn groter aptyt moet wees om hulpbronne te mobiliseer in samewerking met die privaatsektor. Ek stem saam, maar niemand sê iets oor die beginsel dat die verbruiker moet betaal nie. Hierdie episode word ondersteun deur die NWU Sakeskool.

In South Africa we often say that we need must faster economic growth - actually a growth miracle, like China experienced. People talk about growth of 5% per year for many years. But how exactly did China get it right? Basil Halperin recently made an interesting tweet storm about it. This episode is supported by Economic Research Southern Africa and the NWU Business School.

In Suid-Afrikacsal ons gereeld sê dat ons het vinnig ekonomiese groei nodig – eintlik ʼn groeicwonderwerk soos wat Sjina beleef het. Mens praat van groei van 5% per jaar vircbaie jare. Maar presies hoe het Sjina dit reg gekry? Basil Halperin het onlangscʼn interessante tweet storm daaroor gemaak. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

Events in the Japanese economy were the trigger and now market turmoil is this week's news. Here is the brief summary as I understand it. This episode is supported by the NWU Business School.

Gebeure in die Japannese ekonomie was die sneller en nou is markomwentelinge hierdie week se nuus. Hier is die kort opsomming soos ek dinge verstaan. Hierdie episode word ondersteun deur die NWU Sakeskool.

Here in South Africa we ended last week optimistically with the improved purchasing manager’s index and a small rebound in new vehicle sales in July, but in the US things were panicky by Friday evening. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Hier in Suid-Afrika het ons verlede week optimisties afgesluit met die verbeterde aankope-bestuurder-indeks en ʼn klein opswaai van nuwe voertuigverkope vir Julie maand, maar in die VSA was dinge paniekerig teen Vrydagaand. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

The first indicators that say something about how the economy performed in July were announced yesterday and it looks like a turning point at the beginning of the third quarter. ABSA and the Bureau of Economic Research's Purchasing Managers Index is back above 50 points and there has been a small increase in new vehicle sales. This episode is supported by the NWU Business School.

Die eerste aanwysers wat iets sê oor hoe die ekonomie gevaar het in Juliemaand is gister bekend gemaak en dit lyk na ʼn keerpunt aan die begin van die derde kwartaal. ABSA en die Buro vir Ekonomiese ondersoek se Aankopebestuurdersindeks is terug bo 50 punte en daar was ʼn klein toename in nuwe voertuigverkope. Hierdie episode word ondersteun deur die NWU Sakeskool.

You are listening to the Economics Minute and I am Waldo Krugell I was at the Bureau of Economic Research's conference yesterday and would like to share some of the interesting things we heard there. The Bureau is quite positive about economic prospects for next year. They predict 2.2% economic growth in 2025 and base the optimism on a number of positive developments that are now underway, suc...

Ek was gister by die Buro vir Ekonomiese Ondersoek se konferensie en deel graag ʼn paar van die interessante dinge wat ons daar gehoor het. Die Buro is redelik positief oor ekonomiese vooruitsigte vir volgende jaar. Hulle voorspel 2.2% ekonomiese groei in 2025 en baseer die optimisme op ʼn aantal positiewe ontwikkelings wat nou aan die gang is, soos verbeterde verbruikers en sakevertroue, laer infla...

The possibility of additional VAT zero rates is still in the news and it is clear that chicken is one of the big items that people are hoping will be exempted. But poultry is a complicated industry and nobody is talking about opportunity costs yet. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Die moontlikheid van bykomende BTW nulkoerse bly in die nuus en dit is duidelik dat hoender een van die groot items is wat mense hoop vrygestel gaan word. Maar hoendervleis is ʼn ingewikkelde bedryf en niemand praat nog van geleentheidskoste nie. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

With the Olympic Games in full swing, one keeps an eye on the list of medals and wonders why some countries are doing very well and others are not. Economists of course have an answer to this. This episode is supported by the NWU Business School.

Met die Olimpiese Spele in volle swang hou mens maar so oog op die lys van medaljes en wonder hoekom sommige lande baie goed vaar en ander nie. Ekonome het natuurlik ʼn antwoorde hierop. Hierdie episode word ondersteun deur die NWU Sakeskool.

Die afgelope week was daar inflasie aanwysers vir Suid-Afrika en BBP groei syfers vir die VSA, maar wat sê dit oor ons rentekoersvooruitsigte? Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.