Die ekonomie minuut

This week, the NWU awards an honorary doctorate in coaching science to Springbok coach Rassie Erasmus. I want to talk about lessons we can learn from Rassie and the Springboks. Today the focus is on innovation. This episode is supported by the NWU Business School.

Die NWU ken hierdie week ʼn ere-doktorsgraad in afrigtingswetenskap toe aan die Springbok afrigter Rassie Erasmus. Die week gesels ek oor lesse wat ons by Rassie en die Springbokke kan leer. Vandag wil ek praat oor innovasie. Hierdie episode word ondersteun deur die NWU Sakeskool.

This week, the NWU awards an honorary doctorate in coaching science to Springbok coach Rassie Erasmus. I would like to kick off the week by telling what Rassie and the Springboks have done for economics. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Die NWU ken hierdie week ʼn ere-doktorsgraad in afrigtingswetenskap toe aan die Springbok afrigter Rassie Erasmus. Ek wil graag die week afskop deur te vertel wat het Rassie en die Springbokke vir ekonomie gedoen. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

After a week of serious topics, I would like to answer one more big question - what determines the success of a "rock band"? This episode is supported by the NWU Business School.

Na ʼn week van ernstige onderwerpe wil ek graag nog een groot vraag antwoord – wat bepaal die sukses van ʼn “rock band”? Hierdie episode word ondersteun deur die NWU Sakeskool.

The Reserve Bank published the Monetary Policy Review this week and it gives interesting information about the inflation measures they take into account. When they make policy they must know whether the inflation is a temporary shock, or whether there is sustained inflationary pressure. In the demand-side-supply-side debate, they need to know what part of the inflation we see is caused by excess d...

Die Reserwebank het die week die Monetêre beleidsoorsig gepubliseer en dit gee interessante inligting oor die inflasiemaatstawwe wat hulle in ag neem. Wanneer hulle beleid maak moet hulle weet of die inflasie wat hulle waarneem ʼn tydelike skok is, of die gevolg van volgehoue druk op pryse. In die vraagkant- aanbodkant debat moet hulle weet watter deel van die inflasie wat ons sien deur oormaat vra...

Inflation and monetary policy surfaced in the media this week with Roelof Botha saying that interest rates do not need to be as high as they are and that the Reserve Bank's "nonsense" costs households R4000 per month. I feel like I have to say something. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Inflasie en monetêre beleid het die week in die media opgeduik met Roelof Botha wat sê dat rentekoerse nie so hoog hoef te wees soos wat dit is nie en dat die Reserwebank se “nonsens” huishoudings R4000 per maand kos. Ek voel ek moet iets sê. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

On Friday I said a few things about the optimism surrounding the growth prospects of a number of African economies. Part of that has to do with the fact that countries like Kenya, Ivory Coast and Benin are now getting access to international capital markets again. The other part of the story is minerals, but economists know that good natural resources can be a blessing and a curse. This episode is...

Ek het Vrydag iets vertel oor die optimisme rondom die groeivooruitsigte van ʼn aantal Afrika ekonomieë. ʼn Deel daarvan het te doen met die feit dat lande soos Kenia, Ivoorkus en Benin nou weer toegang kry tot internasionale kapitaalmarkte. Die ander deel van die storie is minerale, maar ekonome weet dat goeie natuurlike hulpbronne ʼn seën en vloek kan wees. Hierdie episode word ondersteun deur die...

Much has been said about South Africa's 30% plus unemployment rate. A piece of research that is now in the news asks, why should people look for work? There is not enough financial incentive to do that. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Daar is al baie gesê oor Suid-Afrika se 30% plus werkloosheidskoers. ʼn Stuk navorsing wat nou in die nuus is vra, hoekom moet mense werk soek? Daar is nie genoeg finansiële aansporing om die te doen nie. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

The IMF's forecast is that the South African economy will grow by just 0.9% this year and by 1.2% next year. In contrast, they expect sub-Saharan Africa to grow by 3.8% and 4%. This episode is supported by the NWU Business School.

Die IMF se vooruitskatting is dat die Suid-Afrikaanse ekonomie hierdie jaar met net 0,9% gaan groei en volgende jaar met 1,2%. In teenstelling daarmee verwag hulle dat sub-Sahara Afrika met 3,8% en 4% gaan groei. Hierdie episode word ondersteun deur die NWU Sakeskool.

Yesterday's inflation data and the IMF's growth forecasts indicate that the economy is not yet at a turning point. This episode is supported by the NWU Business School.

Gister is inflasiedata en die IMF se groei vooruitskattings dui daarop dat die ekonomie nog nie by ʼn keerpunt is nie. Hierdie episode word ondersteun deur die NWU Sakeskool.

Business Day reported yesterday that the fund management group Ninety One says that household inflation is higher than the consumer price index indicates. It is an interesting piece of research, but they are on a dangerous side of the debate. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Die Business Day het gister gerapporteer dat die fondsbestuurgroep Ninety One sê dat huishoulike inflasie hoër is as wat die verbruikersprysindeks aandui. Dit is ʼn interessante stukkie navorsing, maar hulle is aan ʼn gevaarlike kant van die debat. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

Statistics South Africa will announce March's consumer price inflation figure tomorrow and it will be closely watched by economists. The hope is that February's 5.6% would be the highest point for the year and that the inflation rate will now slowly decrease again. However, the macro figure hides an important story. The Pietermaritzburg Economic Justice and Dignity Group's Household Af...

Statistieke Suid-Afrika maak more Maartmaand se verbruikersprys inflasiesyfer bekend en dit word fyn dopgehou deur ekonome. Die hoop is dat Februarie maand se 5,6% die hoogste punt vir die jaar sou wees en dat die inflasiekoers nou weer stadigaan sal afneem. Die makro-syfer steek egter ʼn belangrike storie weg. Die Pietermaritzburg Economic Justice and Dignity Group se Household Affordability Index...

Keeping your finger on the pulse of the economy often means trying to interpret conflicting indicators. Here is a brief summary of recent data points. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Om jou vinger op die pols van die ekonomie te hou beteken dat mens teenstellende aanwysers moet probeer interpreteer. Hier is ʼn kort opsomming van onlangse datapunte. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

Being a company's chief executive officer is not an easy job. The money is good, but the demands are many. Nowadays, they also have to look at ESG goals, or rather, Environmental, Social and Governance goals. They must focus on "soft skills" and interpersonal skills. The question is, has the type of CEO changed over time? New research from the USA gives some clues. This episode is su...