Die ekonomie minuut

Later today I'm giving a talk about how the economy is doing and I thought it would be nice to try to sum it up in 2 minutes. This episode is supported by the NWU Business School . Errors and omissions are my own.

Ek lewer vanoggend ʼn praatjie oor hoe dit met die ekonomie gaan en dink toe dit sal lekker wees om dit in 2 minute te probeer op som. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

Because I talked about the exchange rate and purchasing power parity theory yesterday and the rand is holding its breath for another US interest rate increase, it is a good time to bring in other perspectives. Codera Analytics' Daan Steenkamp recently made two interesting blog entries about the exchange rate. This episode is supported by Economic Research Southern Africa and the NWU Business S...

Met die dat ek gister oor die wisselkoers en koopkragpariëteitsteorie gesels het en die rand asem ophou vir ʼn Amerikaanse rentekoers verhoging is dit ʼn lekker tyd om ander perspektiewe by te trek. Codera Analytics se Daan Steenkamp het onlangs twee interessante blog inskrywings oor die wisselkoers gemaak. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool ....

The Economist magazine's Big Mac index was all over the news yesterday. This shows that the rand is 49.7% undervalued against the dollar. The exchange rate should be around R8.94 against the dollar. But what does that mean? This episode is supported by the NWU Business School . Errors and omissions are my own.

The Economist tydskrif se Big Mac-indeks was gister oral in die nuus. Dit wys dat die rand 49,7% ondergewaardeer is teen die dollar. Die wisselkoers behoort rondom R8,94 teen die dollar te wees. Maar wat beteken dit? Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

The Western Cape government announced a growth plan last week which aims to grow the provincial economy by 4 to 6% and create 600 000 new jobs by 2035. Economic geography has always interested me and I wondered what recommendations I can make from the academic literature. This episode is supported by the Bureau for Economic Research in Stellenbosch and the NWU Business School . Errors and omission...

Die Wes-Kaapse regering het verlede week ʼn groeiplan bekend gemaak wat daarop gemik is om die provinsiale ekonomie met 4 tot 6% te laat groei en 600 000 nuwe werksgeleenthede te skep teen 2035. Ekonomiese geografie is nog altyd vir my interessant en ek het gewonder watter aanbevelings ek kan maak uit die akademiese literatuur. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek...

After a good run over the past month or so, the rand-dollar exchange rate has weakened again over the last three days. I then asked my one contact in forex trading what is going on. Apparently, it has nothing to do with Julius Malema or Elon Musk, but it is all related to sentiment about economic growth in China. This episode is supported by the NWU Business School . Errors and omissions are my ow...

Na ʼn goeie lopie die afgelope maand of wat het die rand-dollar wisselkoers oor die laaste drie dae weer verswak. Ek het toe my een kontak in valuta-verhandeling gevra wat aangaan. Dit het toe niks te doen met Julius Malema en Elon Musk nie, maar wel met sentiment oor ekonomiese groei in Sjina. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

This is a good week for indicators and today I want to quickly tell you how ABSA and the Bureau of Economic Research's purchasing managers' index and Naamsa's vehicle sales looked in July. This episode is supported by the NWU Business School . Errors and omissions are my own.

Hierdie is ʼn lekker week vir aanwysers en vandag wil ek vinnig vertel hoe ABSA en die Buro vir Ekonomiese Ondersoek se aankopebestuurdersindeks en Naamsa se voertuigverkope in Juliemaand gelyk het. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

This week's economic indicators paint a picture of how the economy fared in June. There was a surprising deficit on the trade balance, credit extension slowed further and ABSA and the Bureau of Economic Research's Purchasing Managers' Index was slightly lower in July. This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are o...

Hierdie week se ekonomiese aanwysers skets ʼn prentjie van hoe dit met die ekonomie gegaan het in Juniemaand. Daar was ʼn verrassende tekort op die handelsbalans, kredietverlening het verder verlangsaam en ABSA en die Buro vir Ekonomiese Ondersoek se Aankopebestuurdersindeks was effens laer in Julie. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute...

The month of July was the hottest month on record. The international news reported on heat waves and wildfires in the northern hemisphere. Head of the UN Antonio Guterres said that global warming is now turning into the earth boiling. I am not an environmentalist, but want to argue that the problem and the solution lie in economics. This episode is supported by the NWU Business School . Errors and...

Juliemaand was die warmste maand op rekord. Die internasionale nuus het verslag gedoen oor hittegolwe en veldbrande in die noordelike halfrond. Hoof van die VN Antonio Guterres het gesê dat aardverwarming nou oorgaan in die aarde wat kook. Ek is nie ʼn omgewingskundige nie, maar wil argumenteer dat die probleem en die oplossing lê in die ekonomie. Hierdie episode word ondersteun deur die NWU Sakesk...

The days are long, but the weeks are short and tomorrow is already the first of August. This week's economic indicators include private sector credit extension, June’s trade balance, and ABSA and S&P Global's purchasing managers' indices for July. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School . Errors and omissions are my o...

Die dae is lank, maar die weke is kort en more is al die eerste Augustus. Hierdie week se ekonomiese aanwysers is Juniemaand se kredietverlening aan die privaatsektor, die handelsbalans, ABSA en S&P Global se aankopebestuurdersindekse vir vir Julie. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool . Foute en weglatings is my eie.

There are two indicators to close the week with. The US Fed raised their policy rate again by 25 basis points on Wednesday, but what does this mean for our repo rate? Yesterday Statistics South Africa released the producer price index data and the PPI stood at 4.8% in June. This episode is supported by the NWU Business School . Errors and omissions are my own.

Daar is twee aanwysers om die week mee af te sluit. Die Amerikaanse Fed het Woensdag hulle beleidskoers weer met 25 basispunte verhoog, maar wat beteken dit vir ons repokoers? Gister het Statistieke Suid-Afrika se roduksieprysindeksdata bekend gemaak en die PPI het in Junie op 4,8% gestaan. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

The IMF yesterday increased its growth forecast for South Africa from 0.1% to 0.3% in 2023. The Reserve Bank published a forecast of 0.4% last week. I am glad that the growth rate may not be quite as low as feared, but there are serious questions about next year's growth rates and beyond. Recent manufacturing figures and investment data are worrying. This episode is supported by the NWU Busine...

Die IMF het gister hulle groeivooruitskatting vir Suid-Afrika verhoog van 0,1% tot 0,3% in 2023. Die Reserwebank het verlede week ʼn vooruitskatting van 0,4% gepubliseer. Ek is bly dat dit dalk nie heeltemal so sleg gaan as wat gevrees is nie, maar daar is ernstige vrae oor volgende jaar en daarna se groeikoerse. Onlangse vervaardigingsyfers en investeringsdata maak mens bekommerd. Hierdie episode...

Last year, the Minister of Trade and Industry lifted anti-dumping tariffs on imported chicken in order to reduce the price of imported chicken and help consumers who are struggling with high food price inflation. Now local poultry producers are applying for the tariffs to be reinstated. One thinks the issue is as simple as, does the Minister want to help the industry or the consumer, but it is mor...

Verlede jaar het die Minister van Handel en Nywerheid teen-stortingstariewe op ingevoerde hoendervleis opgehef om so die prys van ingevoerde hoender te verlaag en verbruikers wat gebuk gaan onder ʼn hoë voedselprysinflasie, te help. Nou doen plaaslike hoendervleisprodusente aansoek dat die tariewe weer ingestel moet word. Mens dink die vraagstuk is so eenvoudig soos, wil die Minister die bedryf of...

The resilience of consumer spending has been one of the few things that kept the economy going this year, but consumers are now under more pressure than ever. A number of different surveys paint a picture of how it is going and what people do to make it through the month. This episode is supported by the NWU Business School . Errors and omissions are my own.