Die ekonomie minuut

While we wait for June's consumer price inflation figure later this morning, I would like to share a history lesson. It is being asked in a number of places, can we do something other than raise interest rates to fight inflation? There is an interesting example of the 1973 oil crisis and what the Japanese did. This episode is supported by Economic Research Southern Africa and the NWU Business...

Terwyl ons wag vir Juniemaand se verbruikersprysinflasiesyfer later vanoggend wil ek graag ʼn geskiedenis les deel. Daar word op baie plekke gevra, kan ons iets anders doen as om rentekoerse te verhoog om inflasie te beveg? Daar is ʼn interessante voorbeeld van die 1973 oliekrisis en wat die Japannese gedoen het. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakes...

In a week with new CPI data and the repo rate decision, there is a lot of talk, but as the saying goes, follow the money. What do the markets think will happen on Thursday? This episode is supported by the NWU Business School . Errors and omissions are my own.

In ʼn week met nuwe VPI data en die repokoersbesluit word daar baie gepraat, maar soos wat die uitdrukking sê, "follow the money". Wat dink die markte gaan Donderdag gebeur. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

In the comical news of the weekend, the ANC's National Executive Committee asked the Minister of Finance to urgently meet with the Reserve Bank about the trend to increase the interest rate. They call for other measures to be explored to manage the current economic challenges. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School . Errors and...

In die komiese nuus van die naweek het die ANC se Nasionale Uitvoerende Komitee die Minister van Finansies gevra om dringend met die Reserwebank te vergader oor die tendens om die rentekoers te verhoog. Hulle vra dat ander maatreëls ondersoek moet word om die huidige ekonomiese uitdagings te bestuur. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU...

Analysts in the US are now beginning to say that the battle against inflation has been won. Economist and blogger Noah Smith recently asked so who won the macroeconomics war? In other words, who was right about the causes of inflation and the policy to fight it. He gives points and I want to summarize his story. This episode is supported by the NWU Business School . Errors and omissions are my own...

Ontleders in die VSA begin nou sê dat die stryd teen inflasie gewen is. Ekonoom en blogger Noah Smith het onlangs gevra so wie het die makro-ekonomie-oorlog gewen? Met ander woorde wie was reg oor die oorsake van die inflasie en die beleid om dit te beveg. Hy gee punte en ek som graag sy storie op. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

The Governor of the Reserve Bank, Lesetja Kganyago has been quoted everywhere in the media over the past week or so. There is a repo rate decision around the corner and according to the media he said things like the Reserve Bank hopes the inflation rate will fall further in the second half of the year. Also, that interest rate hikes will end, but he didn't say when. The question is, what do we...

Die Goewerneur van die Reserwebank, Lesetja Kganyago was die afgelope week of wat oral in die media aangehaal. Daar is ʼn repokoersbesluit om die draai en volgens die media het hy dinge gesê soos die Reserwebank hoop die inflasiekoers gaan in die tweede helfte van die jaar verder daal. Ook dat rentekoersstygings gaan eindig, maar hy het nie gesê wanneer nie. Die vraag is, wat hoor ons wanneer die R...

Earlier this year, there were warnings that we were headed for a load-shedding disaster in the winter with continuous stage 6 and even stage 8 load-shedding. Snow in Johannesburg does have us at stage 4 this week, but it is going a bit better than expected. So what's going on? This episode is supported by Economic Research Southern Africa and the NWU Business School .

Vroeër vanjaar is daar gewaarsku dat ons op ʼn beurtkragramp afstuur in die winter met deurlopende fase 6 en selfs fase 8 beurtkrag. Sneeu in Johannesburg het ons wel op fase 4 hierdie week, maar dit gaan half beter as wat verwag is. So wat gaan aan? Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my eie.

Who is the middle class? There is a lot of talk about the middle class under pressure from high food price inflation and rising interest rates. If the economy grows, more people can escape poverty and become part of the middle class. There is diverse research on this and in South Africa it is interesting. This episode is supported by the NWU Business School . Errors and omissions are my own.

Wie is die middelklas? Daar word baie gepraat oor die middelklas wat onder druk is van hoë voedselprysinflasie en stygende rentekoerse. As die ekonomie groei kan meer mense uit armoede ontsnap en deel word van die middelklas. Daar is uiteenlopende navorsing hieroor en in Suid-Afrika raak dit interessant. Hierdie episode word ondersteun deur die NWU Sakeskool. Foute en weglatings is my eie.

There was an interesting indicator and interesting analysis in the news last week. The indicator is inflation expectations and the analysis concerns production volumes in the manufacturing sector. This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School . Errors and omissions are my own.

Daar was verlede week ʼn interessante aanwyser en interessante ontleding in die nuus. Die aanwyser is inflasieverwagtinge en die ontleding gaan oor produksievolumes in die vervaardigingsektor. Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool . Foute en weglatings is my eie.

I wanted to say something about corruption, the weapons scandal of the early 2000s and the year-old Zondo reports but decided to take a break from the serious news and instead I'm talking about markets today. There are markets in everything and the Marginal Revolution blog collects these interesting stories. This episode is supported by the NWU Business School . Errors and omissions are my own...

Ek wou iets sê oor korrupsie, die wapenskandaal van die vroeë 2000s en die jaar-oue Zondo verslae maar het besluit om eerder ʼn blaaskans te vat van die ernstige  nuus en ek gesels vandag oor markte. Daar is markte in alles en die Marginal Revolution blog versamel hierdie interessante stories. Hierdie episodeword ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

One of the concerns of our time is that artificial intelligence, specifically the GPT models, will soon take a lot of educated people's jobs. The recent experience of translators gives one an idea of what forces are at work. This episode is supported by the NWU Business School . Errors and omissions are my own.

Een van die bekommernisse van ons tyd is dat kunsmatige intelligensie, spesifiek die GPT modelle, binnekort ʼn klomp geleerde mense se werke gaan vat. Die onlangse ervaring van vertalers gee mens ʼn idee van watter kragte aan die werk is. Hierdie episode word ondersteun deur die NWU Sakeskool . Foute en weglatings is my eie.

Various indicators have recently been released that show us more about the state of the economy at the end of the second quarter. ABSA and the Bureau of Economic Research's purchasing managers' index and Naamsa's vehicle sales data for June were released yesterday. This episode is supported by Economic Research Southern Africa and the NWU Business School . Errors and omissions are my o...

Daar is onlangs verskillende aanwysers bekend gemaak wat ons meer wys van die stand van die ekonomie aan die einde van die tweede kwartaal. Gister is ABSA en die Buro vir Ekonomiese Ondersoek se aankopebestuurdersindeks en Naamsa se voertuigverkope data vir Juniemaand vrygestel. Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool . Foute en weglatings is my...

The NWU Business School published the latest policy uncertainty index figure on Friday and it stands at the highest level ever. Policy uncertainty is when there is uncertainty about government policy or its consequences. The examples are unfortunately plentiful - for example, is the South African government committed to the transition to renewable energy which is largely generated by the private s...

Die NWU Sakeskool het Vrydag die nuutste beleidsonsekerheids-indekssyfer bekend gemaak en dit staan op die hoogste vlak ooit. Beleidsonsekerheid is wanneer daar onsekerheid is oor regeringsbeleid of die gevolge daarvan. Die voorbeelde is ongelukkig volop – byvoorbeeld, is die Suid-Afrikaanse regering toegewyd tot die oorgang na hernubare energie wat grootliks deur die privaatsektor opgewek word, o...

In the past week, the Brics countries and the dollar, or rather, alternatives to the dollar, were in the news. We have heard that Russia and India want to repay their debt to the Brics bank in their own currencies. India and China asked the South African government about the possibility of adapting payment infrastructure to pay trade transactions in their own currencies. Is this the beginning of s...