Daan's Snippets

Daan’s Snippets 31st of 2019

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Economy A very interesting development in our economic debate is the apparently growing (if grudging) acceptance of the new economic recovery strategy plan flighted by...
Daan's Snippets

Daan’s Snippets – 30th of 2019

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Economy Zimbabwe: same old; hyperinflation is now such that the price on the shelf may change before you get to the till. I am gobsmacked...
Daan's Snippets

Daan’s Snippets 29th of 2019

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Economics Our PMI is at its lowest in 10 years; the IIF says that our SOE disaster could push our national debt to 95% of...
Daan's Snippets

Daan’s Snippets 28th of 2019

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Gentle Reader, what may be taken from a SWMBO accompanied trip to Montenegro is: Be wary of eating salads in Rome - Q: do they...
SAX-SA_Express

Did SA Express finally face financial reality or did government blink?

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Did government blink in the face of SAX demands? It had been reported that, finally, there was a voice of reason within government regarding...
Daan's Snippets

Daan’s Snippets 27th of 2019

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Economy The Treasury this week published its economic stimulus plan. I cannot speak for the efficacy of the plan but, like I suspect most South...
Daan's Snippets

Daan’s Snippets – 26th of 2019

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Economy Listening to the Prez on the issue of compulsory pension investments in SOEs: his lack of denial would indicate that this proposal is certainly...
Daan's Snippets

Daan’s Snippets – 25th of 2019

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Economy South Africans are awash in grim economic news led by a faltering GDP, burgeoning population growth and political incompetency. Some notes on green shoots...
Daan's Snippets

Daan’s Snippets – 24th of 2019

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EconomyEngineeringnews ran an article by Bloomberg, reporting that foreigners are ditching SA bonds and stocks at the fastest pace on record (i.e. since 1998)...
Daan's Snippets

Daan’s Snippets – 23rd of 2019

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Economics The governor of our Reserve Bank expects an economic growth of below 0.8% this year. On the matter of economic growth, the IMF predicts...
Daan's Snippets

Daan’s Snippets 22nd of 2019

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Economy This week past newspapers reported that Egypt had floated its currency and accepted the pain that went with that. The result was that Egypt’s...
Daan's Snippets

Daans Snippets – 21st of 2019

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Economy Moody’s reports that South Africa has the highest private sector debt to GDP ratio in sub Saharan Africa at 148%. The next highest is...