Die ekonomie minuut

Bekommernis oor die volhoubaarheid van Suid-Afrika se fiskale posisie het gister weer in koerant-opskrifte weerklink. Dit gaan oor besluite oor owerheidsbesteding, die begrotingstekort en die trajek van die staatskuld. Hierdie episode word ondersteun deur die NWU Sakeskool. Foute en weglatings is my eie.

Concerns about the sustainability of South Africa's fiscal position echoed again in newspaper headlines yesterday. It involves decisions about government spending, the budget deficit and the trajectory of the national debt. This episode is supported by the NWU Business School . Errors and omissions are my own.

Today I am at the bi-annual conference of the Economic Society of South Africa. This is where academic economists talk about their research and it is interesting to see what they focus on. This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my own.

Ek is vandag by die twee-jaarlikse konferensie van die Ekonomiese Vereniging van Suid-Afrika. Dit is waar akademiese ekonome praat oor hulle navorsing en dit is interessant om te sien waarop hulle fokus. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my eie.

Inflation figures are back on analysts' radar. The high oil price and weak rand have already led to a sharp fuel price increase. Next Wednesday, August's consumer price inflation figure will be announced together with the Monetary Policy Committee's meeting on Wednesday and Thursday. The third quarter's inflation expectations figure was announced yesterday. This episode is supporte...

Inflasiesyfers is weer op ontleders se radar. Die hoë olieprys en swak rand het reeds gelei tot ʼn skerp brandstofprysverhoging. Volgende Woensdag word Augustusmaand se verbruikersprys inflasiesyfer bekend gemaak saam met die Monetêre Beleidskomitee se vergadering Woensdag en Donderdag. Die derde kwartaal se inflasieverwagtinge syfer is gister bekend gemaak. Hierdie episode word ondersteun deur die...

The Rugby World Cup tournament is underway and my second thought, after, I hope the Boks make it through again, is what are the economic aspects of the tournament? This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School . Errors and omissions are my own.

Die Rugby Wêreldbeker toernooi is aan die gang en my tweede gedagte, naas ek hoop die Bokke haal dit weer deur, is wat is die ekonomiese aspekte van die toernooi? Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool . Foute en weglatings is my eie.

The tiny bits of good news continue. Yesterday it was in the form of FNB and the Bureau of Economic Research's consumer confidence index for the third quarter. This episode is supported by the NWU Business School . Errors and omissions are my own.

Die klein bietjies goeie nuus duur voort en gister in die vorm van FNB en die Buro vir Ekonomiese Ondersoek se verbruikersvertroue-indeks vir die derde kwartaal. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

I got such a positive response to yesterday's small dose of good news that I'm happy to be able to share more. Rand Merchant Bank and the Bureau of Economic Research's Business Confidence Index was released yesterday and improved slightly in the third quarter. S&P Global's Purchasing Managers' Index also improved. This episode is supported by the NWU Business School . Error...

Ek het so positiewe reaksie gekry op gister se klein dosis positiewe nuus dat ek bly is om nog te kan deel. Rand Aksepbank en die Buro vir Ekonomiese Ondersoek se Sakevertroue-indeks is gister bekend gemaak en het effens verbeter in die derde kwartaal. S&P Global se aankopebestuurders-indeks het ook verbeter. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my ei...

The gross domestic product grew in the second quarter with a slightly better-than-expected 0.6%. It is a story of the supply side and the demand side of the economy. This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my own.

Die bruto binnelandse produk het in die tweede kwartaal gegroei met 'n effens beter as verwagte 0,6%. Dit is 'n verhaal van die aanbodkant en die vraagkant van die ekonomie. Hierdie episode word ondersteun deur E conomic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my eie.

There was slightly panicked reporting about the government's finances this past weekend. The Sunday Times said the money had now run out. A better explanation is to say that the government will have to borrow a lot more than they budgeted for, but what does that mean for all of us? This episode is supported by the NWU Business School . Errors and omissions are my own.

Daar was die afgelope naweek effens paniekerige verslagdoening oor die stand van die regering se finansies. Die Sunday Times het gesê die geld is nou op. ʼn Beter verduideliking is om te sê dat die regering heelwat meer sal moet leen as waarvoor hulle begroot het, maar wat beteken dit vir ons almal? Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

Last week, the interesting indicators were only released late in the week and did not make it to the Minute. Today I want to give a brief summary of July's Producer Price inflation figure, ABSA and the Bureau of Economic Research's Purchasing Managers' Index and Naamsa's new vehicle sales figures for August. The figures say something about the demand and the supply side of the econ...

Verlede week is die interessante aanwysers eers laat in die week bekende gemaak en het dit nie die Minuut gehaal nie. Ek wil vandag ʼn kort opsomming gee van Juliemaand se Produsenteprys inflasiesyfer, ABSA en die Buro vir Ekonomiese Ondersoek se Aankopebestuurdersindeks en Naamsa se nuwe voertuigverkopesyfers vir Augustus. Die syfers sê iets oor die vraag- en die aanbodkant van die ekonomie. Hierd...

A new research note from the RESEP group at Stellenbosch University provides an overview of the impact of the Covid-19 pandemic on the South African labour market. It also evaluates the policy that has been followed. Therein lies an important question about continuing the Presidential Employment Stimulus Program and the sustainability of the fiscal position I spoke about yesterday. This episode is...

ʼn Nuwe navorsingsnota uit die RESEP groep by Stellenbosch Universiteit gee ʼn oorsig van van die impak van die Covid-19 pandemie op die Suid-Afrikaanse arbeidsmark. Dit evalueer ook die beleid wat gevolg is. Daarin lê ʼn belangrike vraag oor die voorsetting van die Presidensiële Indiensneming Stimulusprogram en die volhoubaarheid van die fiskale posisie waaroor ek gister gepraat het. Hierdie episode...

Since the Covid pandemic, the government has been trying to consolidate its fiscal position. This means that they are trying to limit spending to bring the budget deficit and government debt under control. In the past two years, they were lucky to collect more tax revenue than they had budgeted for, but the Minister is not going to get a windfall this year. Yesterday the Treasury briefed parliamen...

Sedert die Covid pandemie probeer die regering die fiskale posisie konsolideer. Dit beteken dat hulle probeer om besteding te beperk om die begrotingstekort en staatskuld onder beheer te bring. Die afgelope twee jaar was hulle gelukkig om meer belastinginkomste in te vorder as waarvoor hulle begroot het, maar die Minister gaan nie hierdie jaar ʼn meevaller kry nie. Gister het die Tesourie parlement...

Many analysts expected the Chinese economy to recover strongly after their Covid restrictions were lifted. This did not happen and the indicators remain disappointing. What is going on and what will be the impact on us here in South Africa? This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my own.

Baie ontleders het verwag dat die Sjinese ekonomie sterk gaan herstel nadat hulle Covid-inperking opgehef is. Dit het nie gebeur nie en die aanwysers bly teleurstellend. Wat is aan die gang en wat gaan die impak wees op ons hier in Suid-Afrika? Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my eie.

Every commentator at some point says, if only we can progress with the reforms... In the past week there has been some reporting on the progress in the Fitch Tracker and by Operation Vulindlela. It is not a scoreboard, but at least it tells us what is moving. This episode is supported by the NWU Business School . Errors and omissions are my own.