Die ekonomie minuut

I am quickly talking about the good, bad and ugly of President Ramaphosa's speech in Parliament last Thursday and today is about the bad and ugly aspects. My criterion is whether a plan is something that must be done by the state, versus whether the private sector can do it and also whether a plan is contrary to some of the good goals. This episode is supported by the NWU Business School.

Ek praat vinnig oor die good, bad en ugly van President Ramaphosa se toespraak in die Parlement die afgelope Donderdag en vandag gaan oor die bad en ugly aspekte. My maatstaf vir ʼn slegte plan is of dit voorstel dat die staat iets doen wat die privaatsektor eerder kan doen, en ook of ʼn plan strydig is met van die goeie doelwitte wat hy gestel het. Hierdie episode word ondersteun deur die NWU Sakes...

President Ramaphosa opened Parliament on Thursday evening on behalf of the Government of National Unity. Investors, credit rating agencies and even ordinary South Africans have scrutinized the speech looking for clues that we are now on a winning path. As with everything there is good, bad and ugly and today I want to talk about the good aspects. This episode is supported by the Bureau of Economic...

President Ramaphosa het Donderdagaand die Parlement geopen namens die Regering van Nasionale Eenheid. Beleggers,kredietgraderingsagentskappe en selfs gewone Suid-Afrikaners het die rede gefynkam opsoek na leidrade dat ons nou op ʼn wenpad is. Soos met alles is daar ʼn good, bad en ugly en vandag wil ek oor die goeie aspekte praat Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek...

The Reserve Bank's Monetary Policy Committee left the repo rate unchanged yesterday, but before you think this is not news, it is worth taking a closer look at the MPC statement. This episode is supported by the NWU Business School.

Die Reserwebank se Monetêre Beleidskomitee het gister die repokoers onveranderd gelaat, maar voor jy dink dit is nie nuus nie, is dit die moeite werd om die verklaring van naderby te beskou. Hierdie episode word ondersteun deur die NWU Sakeskool.

This afternoon the Reserve Bank's Monetary Policy Committee will announce their repo rate decision. Economists expect that they will again leave the rate unchanged. But what if they surprise us with a small cut? This episode is supported by the NWU Business School.

Vanmiddag maak die Reserwebank se Monetêre Beleidskomitee hulle repokoersbesluit bekend. Ekonome verwag dat hulle die koers die keer nog onveranderd gaan laat. Maar sê nou hulle verras ons met ʼn klein verlaging? Hierdie episode word ondersteun deur die NWU Sakeskool.

While we wait for tomorrow's repo rate decision there are quite a few other interesting indicators and economic news to share. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Terwyl ons wag vir more se repokoersbesluit is daar heelwat ander interessante aanwysers en ekonomiese nuus om te deel. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

The Covid-19 pandemic was a blow to the tourism industry, but now that the lockdowns are a thing of the past, there is a global boom in tourism. On the one hand, it is an injection that can help drive economic growth and create jobs. On the other hand, it has costs. Is there a good way to manage tourism? This episode is supported by the NWU Business School.

Die Covid-19 pandemie was ʼn slag vir die toerismebedryf, maar nou dat dit inperkings iets van die verlede is, is daar ʼn wêreldwye oplewing van toerisme. Aan die een kant is dit ʼn inspuiting wat kan dit help om ekonomiese groei te dryf en werk te skep. Aan die ander kant het dit kostes. Is daar ʼn goeie manier om toerisme te bestuur? Hierdie episode word ondersteun deur die NWU Sakeskool.

This week's big economic news is the Monetary Policy Committee's repo rate decision on Thursday. But there's plenty of time to talk about why they're probably going to leave the repo unchanged, so I'd rather talk about new concerns about artificial intelligence. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Hierdie week se groot ekonomiese nuus is die Monetêre Beleidskomitee se repokoersbesluit Donderdag. Maar daar is genoeg tyd om te praat oor hoekom hulle die repo waarskynlik onveranderd gaan laat, so ek wil eerder gesels oor nuwe bekommernis oor kunsmatige intelligensie. Ek sê maar AI, want KI klink nog  nie vir my reg nie. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in...

Yesterday, Statistics South Africa released May's production data for the mining and manufacturing sectors, but it was disappointing. Year-on-year production rose by 0.6% and month-on-month production was lower in May than in April. This episode is supported by the NWU Business School.

Statistieke Suid-Afrika het gister Mei maand se produksie data in die mynbou en vervaardigingsektore bekend gemaak, maar dit was teleurstellend. Jaar-op-jaar het produksie met 0,6% gestyg en maand tot maand was produksie laer in Mei as in April. Hierdie episode word ondersteun deur die NWU Sakeskool.

Consumers are sensitive to price increases and quickly notice if their shopping basket costs more, but they don't notice a difference in weight or volume as quickly. When the inflation rate is high, companies would rather offer less in smaller packaging than raise prices. I've talked before about dog biscuits but only saw this week that my favourite brand of peanuts and raisins is now in 4...

Verbruikers is sensitief vir prysverhogings en kom gou agter as hulle mandjie inkopies meer kos, maar hulle sien nie so vinnig ‘n verskil in gewig of volume raak nie. Wanneer die inflasiekoers hoog is, sal maatskappye eerder minder aanbied in kleiner verpakking as om pryse te verhoog. Ek het vroeër al gepraat oor hondekoekies, maar het die week eers gesien my gunsteling maak van grondboontjies en...

What economic reforms should involve is a big issue for the Government of National Unity and something commentators will talk about for some time. Should the National Development Plan be revived? Where do we start with the 2019 Medium Term Strategic Framework's 7 priorities, 81 outcomes, 357 actions and 561 indicators? Meanwhile, a group of economists gathered in Berlin to put an alternative t...

Wat ekonomiese hervormings moet behels is ʼn groot vraagstuk vir die Regering van Nasionale Eenheid en iets waaroor kommentators nog baie gaan praat. Moet die Nasionale Ontwikkelingsplan herleef? Waar begin ons met die 2019 Medium Termyn Strategiese raamwerk se 7 prioriteite, 81 uitkomste, 357 aksies en 561 aanwysers? Intussen het ʼn klomp ekonome in Berlyn bymekaar gekom om ʼn alternatief tot die Wa...

After 100 days without load shedding, economists are revising their economic growth outlook and things are looking slightly better. This episode is supported by the NWU Business School.

Na 100 dae sonder beurtkrag is ekonome besig om hulle ekonomiese groeivooruitsigte te hersien en dinge lyk so effens beter. Hierdie episode word ondersteun deur die NWU Sakeskool.

Everyone hopes that the Reserve Bank will be able to cut the repo rate in the second half of the year. It depends on what happens to our inflation rate and also what the US Fed does with their lending rate. On Friday there were small bits of good news. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Almal hoop dat die Reserwebank die repokoers gaan kan sny in die tweede helfte van die jaar. Dit hang af van wat met ons inflasiekoers gebeur en ook van wat die Amerikaanse Fed met hulle uitleenkoers doen. Vrydag was daar klein stukkies goeie nuus. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

While we want to levy an import tax on solar panels, the Danes are thinking of levying a carbon tax on their cattle. Whether we want to hear it or not, climate change is affecting economic decisions and everyone will have to make adjustments. This episode is supported by the NWU Business School.