Die ekonomie minuut

The national minimum wage increases in March. The workers need it, but it also has adverse effects. * The Economics Minute is supported by the NWU Business School.

Die minimumloon verhoog in Maart en hierdie werkers het dit nodig, maar dit kan ook nadelige gevolge hê. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Dit klink soos 'n goeie idee, maar lokalisering kan beduidende kostes hê. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

It may sound like a good idea, but localisation can be costly. * The Economics Minute is supported by the NWU Business School.

The SONA matters and I want to hear that government is going to try to get out of the way of the economy... * The Economics Minute is supported by the NWU Business School.

Die Staatsrede is belangrik, maar ek wil graag hoor dat die regering uit die ekonomie se pad uit gaan probeer kom. * Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

Wat het die Staatsrede, die rand-dollar en 'n Big Mac met mekaar te doen? Hierdie week is die fokus op die politiek en die President se Staatsrede Donderdag. Die Bruto nasionale politiek het verseker ʼn invloed op die bruto nasionale produk. Die Ekonomie Minuut word ondersteun deur die NWU Sakeskool.

What does the SONA, the rand-dollar and a Big Mac have in common? This week the focus is on politics and the President's State of the Nation address on Thursday. There is no doubt that the gross national politics has an influence on the gross national product. The Economics Minute is supported by the NWU Business School.

This week's indicators painted a positive picture of the economy. The year seems to have kicked off well.

Die week se aanwysers het ʼn lekker positiewe prentjie van die ekonomie geskets. Dit lyk of die jaar goed afgeskop is.

The government is expected to collect R200bn more in taxes than they budgeted for. It was easy to pursue fiscal discipline when there was no money, but now it is going to be difficult to say no.

Die regering gaan na verwagting R200 miljard meer belasting invorder as waarvoor hulle begroot het. Dit was maklik om fiskale dissipline toe te pas toe daar nie geld was nie, maar nou gaan dit moeilik wees om nee te sê.

Statistics South Africa announced on Monday that the basket of goods and services for the Consumer Price Index has been adjusted. The basket whose prices are tracked to calculate the inflation rate should represent the average South African household's spending. Of course, this changes over time as tastes and products change and then the basket also needs to be adjusted. It happens every 5 years.

Statistieke Suid-Afrika het Maandag aangekondig dat die Verbruikersprysindeks se mandjie van goedere en dienste aangepas word. Die mandjie waarvan die pryse dopgehou word om die inflasiekoers te bereken moet die gemiddelde Suid-Afrikaanse huishouding se besteding verteenwoordig. Dit verander natuurlik oor tyd soos wat smake en produkte verander en dan moet die mandjie ook aangepas word. Dit gebeur...

In Januariemaand het die Brent ru-olieprys gestyg van ongeveer $78 per vat tot $89 gister. Vandag se verhoging kon nog meer gewees het maar die effek van die die hoër olie-prys is tot ‘n mate teengewerk deur ‘n sterker rand-dollar wisselkoers in Januarie.

In January, the Brent crude oil price rose from about $78 a barrel to $89 yesterday. Today's increase could have been even more, but the effect of the higher oil price was to some extent offset by a stronger rand-dollar exchange rate in January.

We're through the first month of the year and it's a good time to ask, how's the economy going? the first month of the year and it's a good time to ask, how's the economy going?

Ons is deur die eerste maand van die jaar en dit is ʼn goeie tyd om te vra, hoe gaan dit met die ekonomie?

This week, the economic news was dominated by the Reserve Bank's repo rate decision. The rate was increased by 25 basis points to 4% yesterday. The prime rate is now 7.5%. But there were also other important indicators to report: PPI, inflation expectations, and the take-home pay index.

Hierdie week is die ekonomiese nuus oorheers deur die Reserwebank se repokoersbesluit. Die is toe gister met 25 basispunte verhoog tot 4%. Die primakoers is nou 7,5%. Maar daar was ook ʼn paar ander belangrike aanwysers om te rapporteer: PPI, inflasieverwagtinge, die take-home pay indeks.

The Reserve Bank has to increase the repo rate today. They actually have no choice. Inflation has risen over the past year and stood at 5.9% in December. In addition, interest rates in the US will rise this year and we would like to maintain the difference in yields between South African and US government bonds because it supports the domestic capital market and the rand.

Die Reserwebank moet vandag die repokoers verhoog. Hulle het eintlik nie ʼn keuse nie. Inflasie het regdeur die afgelope jaar gestyg en het in Desembermaand op 5,9% gestaan. Daarby gaan rentekoerse in die VSA hierdie jaar styg en ons wil graag die verskil in opbrengskoerse tussen Suid-Afrikaanse en Amerikaanse staatskuld behou want dit ondersteun die binnelandse kapitaalmark en die rand.

In hierdie weke voor die President se SONA en die begrotingsrede haal die groot vraagstukke die media. Oor die naweek het die President gesê dat daar ondersoek ingestel moet word na die lewensvatbaarheid en bekostigbaarheid van ‘n vorm van inkomste ondersteuning vir werklose en arm mense. Daar is ook twee groot studies gedoen wat ‘n klomp opsies gee. Die groot vrae bly, wat is genoeg om om te help...

In these weeks before the President's SONA and the budget speech, the big issues are in the media. Over the weekend, the President said that the viability and affordability of some form of income support for unemployed and poor people should be investigated. There have also been two major studies that offer a lot of options. The big questions remain, what is enough to help, and can the treasury af...

Following the higher inflation rate in December economists are expecting a 25 basis points increase in the repo rate this week. O cue you get the SACP calling for an expansion of the Reserve Bank’s mandate to include job creation, but that is a bad idea.