Die ekonomie minuut

We know that the Finance Minister's challenge is to stabilize the public debt-to-GDP ratio while the economy and its tax revenues stagnate and there are many demands for additional spending. Yesterday's mini-budget was a brave attempt to get it right. This episode is supported by the NWU Business School . Errors and omissions are my own.

Ons weet dat die Minister van Finansies se uitdaging is om die staatskuld-tot-BBP verhouding te stabiliseer terwyl die ekonomie en sy belastinginkomste stagneer en daar baie eise is vir bykomende besteding. Gister se mini-begroting was ʼn dapper poging om dit reg te kry. Hierdie episode word ondersteun deur die NWU Sakeskool. Foute en weglatings is my eie.

The question that commentators will ask today is whether the government's medium-term budget policy is sustainable. In short, can we go on like this? This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my own.

Die vraag wat kommentators vandag gaan vra is of die regering se medium-termyn begrotingsbeleid volhoubaar is. Kortom, kan ons so aangaan? Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my eie.

The Minister has already said that he does not plan to announce tax increases tomorrow, but it makes sense to think about it for a moment. Is there room to raise taxes to be able to spend more on grants and bailouts? This episode is supported by the NWU Business School . Errors and omissions are my own.

Die Minister het reeds gesê dat hy nie beplan om more belastingverhogings aan te kondig nie, maar dit is sinvol om vir so oomblik daaroor te dink. Is daar ruimte om belasting te verhoog om meer te kan bestee op toelae en reddingsboeie? Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

Wednesday's mini-budget is about two things, spending cuts and tax increases. The Treasury startled everyone with their proposals regarding the reduction of spending, but the Minister later said that the cuts would be no larger than the usual underspending. Can austerity get the public finances on a more sustainable footing? The answer depends on whether you think of the larger deficit as a te...

Woensdag se mini-begroting gaan oor twee dinge, besnoeiing van besteding en belastingverhogings. Die Tesourie het almal laat skrik met hulle voorstelle rondom die vermindering van besteding, maar die Minister het later gesê dat die besnoeiings nie meer sal wees die gewone onderbesteding nie. Kan besuiniging die staatsfinansies op ʼn meer volhoubare voet kry? Die antwoord hang af van of jy aan die g...

The Minute has been on holiday for the last two weeks and there is a lot of news to catch up on. The big stories are inflation and November's repo rate decision and the coming week's mini-budget speech. This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my own.

Die Minuut was op ʼn kort vakansie die laaste twee weke en daar is baie nuus om op te vang. Die groot stories is inflasie en Novembermaand se repokoersbesluit en die komende week se mini-begrotingsrede. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my eie.

The week started with a lot of uncertainty about events in the Middle East and what it could mean for global markets. At the end of the week, the gold price is higher, the oil price lower and the rand a little stronger against the dollar. There were also some other domestic indicators of how the economy is doing. This episode is supported by the NWU Business School . Errors and omissions are my ow...

Die week het begin met heelwat onsekerheid oor gebeure in die midde-ooste en wat dit vir wêreldmarkte kan inhou. Aan die einde van die week is die goudprys hoër, olieprys laer en die rand ʼn bietjie sterker teen die dollar. Daar was ook ʼn paar ander aanwysers van hoe die ekonomie vaar. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

On the eve of the quarter-finals of the rugby world cup tournament, there was a debate on the platform formerly known as Twitter about the fact that the third most tickets were sold in the Netherlands. Are the Dutch developing a love for rugby or what is going on? It got me thinking about the spectators on the pavilions and their countries' economies. More specifically, what does a beer cost a...

Op die vooraand van die kwarteindrondte van die rugby wêreldbeker toernooi was daar ʼn debat op die platform vroeër bekend as Twitter oor die feit dat die derde meeste kaartjies in Nederland verkoop is. Is die Hollanders besig om ʼn liefde vir rugby te ontwikkel of wat gaan aan? Dit het my laat dink aan die toeskouers op die paviljoene en hulle lande se ekonomieë. Meer spesifiek, wat kos ʼn bier en d...

The results of the 2022 census were announced yesterday and they update a lot of important figures. As of 2011, the population increased from 51.7 million to 62 million people. This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my own.

Die resultate van die 2022 sensus is gister bekend gemaak en dit dateer ʼn klomp belangrike syfers op. Vanaf 2011 het die bevolking toegeneem vanaf 51,7 miljoen tot 62 miljoen mense. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my eie.

The 2023 winner of the Nobel Prize for Economics was announced yesterday and the honor goes to the Harvard professor Claudia Goldin. She is an expert in economic history and is honoured for her work on the role of women in the labour market. This episode is supported by the NWU Business School . Errors and omissions are my own.

Die 2023 wenner van die Nobelprys vir Ekonomie is gister aangekondig en die eer gaan aan die Harvard professor Claudia Goldin. Sy is ʼn kenner van ekonomiese geskiedenis en word vereer vir haar werk oor die rol van vroue in die arbeidsmark. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

This week's economic news promises to be interesting. In lighter news, the 2023 Nobel Prize winners for Economics will be announced. In the more serious news, it will probably be a rough week for the rand. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School . Errors and omissions are my own.

Hierdie week se ekonomiese nuus beloof om interessant te wees. In die ligter nuus word die 2023 Nobelprys vir Ekonomie aangekondig. In die swaarder nuus gaan dit waarskynlik ʼn rowwe week wees vir die rand. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool . Foute en weglatings is my eie.

The rand-dollar exchange rate has already weakened by 13% this year and traded above the level of R19 per dollar in the past week. What's going on? This episode is supported by the NWU Business School . Errors and omissions are my own.

Die rand-dollar wisselkoers het hierdie jaar al 13% verswak en verhandel die afgelope week bo die vlak van R19 per dollar. Wat is aan die gang? Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

Yesterday I received a WhatsApp photo of a pack of 60 eggs on a shelf for R239,99. If R4 an egg sounds expensive, feel free to do an online search and you will quickly find out that your nearest grocery store's stock is limited. But before you say this sounds like exploitation, think of it as supply and demand in action. This episode is supported by the NWU Business School . Errors and omissio...

Gister kry ek ʼn WhatsApp foto gekry van ʼn pak van 60 eiers op ʼn rak vir R239,99. As R4 ʼn eier duur klink, doen gerus ʼn aanlyn soektog en jy kom vinnig agter dat jou naaste kruidenierswinkel se voorraad beperk is. Maar voordat jy sê dit klink soos uitbuiting, dink daaraan as vraag en aanbod in aksie. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

There have been indicators in the last month or two that give me some hope for a recovery of the economy, but September's purchasing managers' index and new vehicle sales figures show that the demand side of the economy is struggling. This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my own.