by CWIM | Feb 18, 2015 | Current, Economics
As the dust settles over a stormy night of politics in South Africa, the new dawn that so many of us were hoping for to revive this frail economy has not materialized. Instead Zuma gave a speech in which he hardly mentioned the National Development Plan, their well...
by CWIM | Nov 3, 2014 | Current, Economics
The Oxfam inequality reports once again shows that South Africa is the most unequal society in the world. The two richest people are as wealthy as the poorest 50%. These are worrying figures, and the contributing factors are clearly many. In summary it shows that we...
by CWIM | Aug 13, 2014 | Economics
The South African Reserve Bank (SARB) has once again hiked interest rates, although only slightly, confirming that we are on a definite upward trend. This, even though the economy is weak and seems to get weaker still. The main reason was that inflation seems to be...
by CWIM | Jun 27, 2014 | Current, Economics, News
The new land reforms set out by the Rural Development and Land Reform Minister Gugile Nkwinti caused a fair amount of up-roar and rightly so. The land reform set out that half of big farms should be handed to the workers on the farm, with the longest serving workers...
by CWIM | Mar 4, 2014 | Economics, News
When we look back on the period from 2008 to now, we will comment that it was a time when central bankers did too much and politicians did too little to get the economies started again. The financial banking crisis of 2008, which lead into the sovereign debt crisis...
