Category Archives: Economy

Important: SA’s rankings on the ease of doing business index, and an exciting new business registration platform

In his recent State of the Nation Addresses, President Ramaphosa vowed to speed up economic growth. He has set several key milestones to measure how effectively he is putting South Africa back on a positive economic path, such as attracting … Continue reading

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Crunch time for SA – The medium term budget policy statement and what it means to you

“There is a tide in the affairs of men, Which taken at the flood, leads on to fortune. Omitted, all the voyage of their life is bound in shallows and in miseries. On such a full sea are we now … Continue reading

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The big mac index says the rand is way undervalued

“Our results indicate that the Big Mac Index is surprisingly accurate in tracking exchange rates over the long-term, which is consistent with previous PPP research findings” (ScienceDirect) For decades the Economist has been publishing its Big Mac Index to give … Continue reading

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Quick Wins to Get Our Economy Going Again

“I approach every problem with optimism” (Nelson Mandela) The mood of optimism that pervaded a year ago is rapidly fading – the Business Confidence Index is on a steady decline. Every 1% rise in business confidence results in 0.5% growth in … Continue reading

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When Hubris Grows, Can a Market Crash Be Far Behind?

“Hubris … extreme or foolish pride or dangerous overconfidence” (Wikipedia) There is so much information going around that it is almost impossible to see through it all and make informed decisions. As Johann Rupert says, if he could accurately predict the time when … Continue reading

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Will Cash Disappear From Society?

“Forewarned is forearmed” (Wise old proverb) In the last decade we have witnessed the slow death of the cheque.  Today we have Bitcoin, payment apps and increasing use of the Internet and credit cards, so the question arises is cash … Continue reading

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A Tank of Petrol – Where Does Your Money Go?

Are you aware that less than 40% of the petrol price is made up of actual petrol cost? Most of it goes to pay tax (Fuel Levy), the Road Accident Fund and the various players in storing, wholesaling and retailing … Continue reading

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South Africa’s Importance to the World

Trends in Africa have diverged in recent years – one school of thought holds there is optimism that Africa could replace Asia as a high-growth area. It has high population growth (population will double to 2.4 billion in the next … Continue reading

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Disappointing – SA Slips Down the World Competitive Index

Every year we report on the World Economic Forum’s (WEF) Global Competitiveness Index. This year South Africa slipped from 48th to 61st in the rankings. What was disappointing is that previously we were ranked 3rd in terms of corporate efficacy … Continue reading

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How are We Doing on the “Better Life Index”?

Since the introduction of double entry bookkeeping in the fifteenth century, it has been widely accepted that profit equates to value. This concept moved to nation states and today we measure how well a country is doing by its Gross … Continue reading

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