Die ekonomie minuut

Why is the manufacturing sector in African countries so small? It contributes about 10% of the Gross Domestic Product. In South Africa it is around 12%. Very rapid economic growth and development such as China has experienced is impossible without manufacturing. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Hoekom is die vervaardigingsektor In Afrika lande so klein? Dit dra so 10% van die Bruto Binnelandse Produk by. In Suid-Afrika is dit rondom 12%. Baie vinnig ekonomiese groei en ontwikkeling soos wat Sjina beleef het is onmoontlik sonder vervaardiging. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

The Reserve Bank recently warned that the European Carbon Border Adjustment Mechanism, could have a negative impact on South Africa's exports and the economy. The US, Japan, Canada and the UK are considering their own versions of this. Besides making representations that this is unfair, does anyone have a plan? This episode is supported by the NWU Business School.

Die Reserwebank het onlangs gewaarsku dat die Europese koolstofbelasting, of te wel Carbon Border Adjustment Mechanism ʼn negatiewe impak kan hê op Suid-Afrika se uitvoer en die ekonomie. Die VSA, Japan, Kanada en die Verenigde Koninkryk oorweeg hulle eie weergawes hiervan. Behlawe om vertoë te rig dat dit onregverdig is, het enige iemand ʼn plan? Hierdie episode word ondersteun deur die NWU Sakesko...

If you ask how the economy is doing it is not easy to say well or badly. There was good news about US inflation this past week. Here in South Africa, it seems that the first quarter was a tough one, but the economy is faring better in the second quarter. This episode is supported by the Bureau for Economic Research in Stellenbosch and the NWU Business School.

As jy vra hoe dit met die ekonomie gaan is dit nie maklik om te sê goed of sleg nie. Uit die buiteland was daar die afgelope week goeie nuus oor Amerikaanse inflasie. Hier in Suid-Afrika lyk dit of dit die eerste kwartaal swaar gegaan het, maar beter in die tweede kwartaal. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

In the media, the middle class is often talked about. The middle class is under pressure, in debt and should go and vote. But who exactly is this middle class? This episode is supported by the NWU Business School.

In die media word daar gereeld gepraat van die middelklas. Die middelklas is onder druk, in die skuld, en moet gaan stem. Maar wie presies is hierdie middelklas? Hierdie episode word ondersteun deur die NWU Sakeskool.

I wondered for a moment if I may talk about something other than the National Health Insurance and realized there is not much to say about the economics of cynical politics. I can talk about the gold price instead. An interesting article recently published in the US asks, is there a golden constant, or a golden dilemma? This episode is supported by the NWU Business School.

Ek het vir ʼn oomblik gewonder of ek oor iets anders as die Nasionale Gesondheidsversekering mag praat en besef daar is nie veel te sê oor die ekonomie van siniese politiek nie. Ek kan eerder oor die goudprys praat. ʼn Interessante artikel wat onlangs in die VSA gepubliseer is vra, is daar ʼn goue konstante, of ʼn goue dilemma? Hierdie episode word ondersteun deur die NWU Sakeskool.

Statistics South Africa announced yesterday that South Africa's unemployment rate rose to 32.9% in the first quarter. At least 22,000 new jobs were created, but the unemployment rate rose because many more people who previously said they were no longer economically active started looking for work again. One sometimes wonders, can anything solve the unemployment problem? I asked GPT-4 to look a...

Statistieke Suid-Afrika het gister aangekondig dat Suid-Afrika se werkloosheidskoers in die eerste kwartaal gestyg het tot 32,9%. Daar is darem 22 000 nuwe werksgeleenthede geskep, maar die werkloosheidskoers het gestyg omdat baie meer mense wat vroeer gesê het hulle is nie meer ekonomies aktief nie, weer begin werk soek het. Mens wonder soms, kan enige iets die werkloosheidsprobleem oplos? Ek het...

Much has been written about the new two-pot system for pensions. I think it will have good outcomes, but there are a few things to mention. This episode is supported by the NWU Business School.

Daar is al heelwat geskryf oor die nuwe twee-potstelsel vir pensioene. Ek dink dit gaan goeie uitkomste hê, maar daar is ʼn paar goed om te noem. Hierdie ep sode word ondersteun deur die NWU Sakeskool.

Our markets and exchange rate are very sensitive at the moment to any news from the US that may give an indication of when they will cut interest rates, but there is no law that says that the Fed must move first. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Ons markte en wisselkoers is op die oomblik baie sensitief vir enige nuus uit die VSA wat ʼn aanduiding kan gee van wanneer hulle rentekoerse gaan sny, maar daar is mos nie ʼn wet wat sê dat die Fed eerste moet beweeg nie. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

Many of us are familiar with the online retail and streaming services giant Amazon. They entered the South African market this week with amazon.co.za and there is a mixed reaction. This episode is supported by the NWU Business School.

Baie van ons is bekend met die aanlyn kleinhandel en stroomdienste reus Amazon. Hulle het hierdie week tot die Suid-Afrikaanse mark toegetree met amazon.co.za en daar is gemengde reaksie. Hierdie episode word ondersteun deur die NWU Sakeskool.

Latin America is a region where inequality in the distribution of income and wealth is just as bad as here in South Africa. However, since the year 2000 it started to decline, but how did they get it right? This episode is supported by the NWU Business School.

Latyns-Amerika is ʼn streek waar ongelykheid in die verdeling van inkomste en welvaart net so erg is as hier in Suid-Afrika. Sedert die jaar 2000 het dit egter begin afneem, maar hoe het hulle dit reg gekry? Hierdie episode word ondersteun deur die NWU Sakeskool.

Regular listeners will know that I think the Reserve Bank's inflation target is quite important. The Sunday Times asked this past weekend whether the target band should perhaps be increased for the sake of homeowners and the short answer is no, but I would like to explain it in more detail. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Gereelde luisteraars sal weet dat ek dink die Reserwebank se inflasieteiken is redelik belangrik. Die Sunday Times het die afgelope naweek gevra of die teikenband nie dalk verhoog moet word ter wille van huiseienaars nie en die kort antwoord is nee, maar ek wil dit graag langer verduidelik. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

Yesterday was the 40th day in a row without load shedding. There is a hot debate about how Eskom is doing this, but I don't have a clear answer and I don't think load shedding is a thing of the past either. Rather, I want to talk about new research that investigates the impact of load shedding on the labour market. This episode is supported by the NWU Business School.

Gister was die 40ste dag in ʼn ry sonder beurtkrag. Daar is ʼn warm debat aan oor hoe Eskom dit regkry, maar ek het nie ʼn klinkklare antwoord nie en dink ook nie beurtkrag is iets van die verlede nie. Ek wil eerder gesels oor nuwe navorsing wat ondersoek instel na die impak van beurtkrag op die arbeidsmark. Hierdie episode word ondersteun deur die NWU Sakeskool.

I mentioned on Friday that the US Fed left their policy rate unchanged and Jerome Powell indicated that he thinks their policy is restrictive enough. Friday evenings’ employment data showed that their job creation rate slowed in April. There were also other interesting indicators this past week. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business Schoo...