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Food for Thought


2nd Quarter GDP Data - Confusion Reigns
According to the GDP data for the 2nd quarter of 2022, published this week by Statistics South Africa (Stats SA), the economy took a hit...

Dr. Roelof Botha
Sep 7, 20223 min read
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Job creation gathers steam in the 2nd quarter
The 2nd quarter of 2022 managed to replicate the first quarter’s impressive job creation performance by adding another 400,000 new formal...
Eldene Botha
Aug 26, 20223 min read
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Rise in building construction activity
The first five months of the year witnessed a remarkable improvement in the value of buildings completed in the metros and larger...

Dr. Roelof Botha
Aug 11, 20223 min read
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Freight costs to blame for inflation spike
Ever since global inflation started heading north at an alarming rate, much of the conventional wisdom surrounding the causes of this...

Dr. Roelof Botha
Jul 29, 20224 min read
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Consumers under pressure, but economy still growing
Consumer sentiment around the globe has been dealt a blow by the sharp increase in price levels, particularly fuel and some food...

Dr. Roelof Botha
Jul 15, 20223 min read
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Balance of payments in good shape
Ever since the recovery from the worst of the Covid-pandemic began in 2020, South Africa’s international trade has blossomed, with the...

Dr. Roelof Botha
Jul 5, 20223 min read
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Welcome recovery of tourism
Few, if any, mainstream economic sectors were hit as hard by Covid-induced restrictions than the global hospitality sector. Fortunately,...

Dr. Roelof Botha
Jun 21, 20223 min read
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Employment growth promises a bonus for SARS
A total of more than 400,000 new formal sector jobs were created in South Africa during the first quarter of the year – signalling a...

Dr. Roelof Botha
Jun 7, 20223 min read
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Motor trade surging ahead
It did not take long for South Africa’s motor trade to stage a remarkable recovery from the disastrous first year of Covid-induced...

Dr. Roelof Botha
May 30, 20223 min read
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All-time record for manufacturing sales
In March, South Africa’s manufacturing sector recorded its highest ever level of sales (at current prices). At R249-billion, the March...

Dr. Roelof Botha
May 18, 20222 min read
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Exports surge to new record in March
South Africa’s export trade continues to set new records, a trend that commenced during the second year of the Covid pandemic. At just...

Dr. Roelof Botha
May 3, 20223 min read
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No universal remedy for containing inflation
South Africa’s consumer price index (CPI) is following the universal trend of steadily increasing, but at a markedly slower rate than...

Dr. Roelof Botha
Apr 22, 20223 min read
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Retail still on the road to recovery
Retail trade sales have started the year on a positive note, with nominal growth of more than 7% recorded for January and February...

Dr. Roelof Botha
Apr 14, 20222 min read
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Boost for new Growth Policy
President Cyril Ramaphosa had every reason to be pleased with the outcome of South Africa’s fourth Investment Conference, which was held...

Dr. Roelof Botha
Apr 4, 20223 min read
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Monetary policy ignorant of inflation's short-term nature
The Monetary Policy Committee (MPC) of the South African Reserve Bank (SARB) raised South Africa’s official bank rate (the repo rate) by...

Dr. Roelof Botha
Mar 25, 20223 min read
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CAPITAL MARKET REACTION TO WAR IN UKRAINE
Two decades ago, the delegates at the annual gathering of the World Future Society, whose historical members include Carl Sagan, Alvin...

Dr. Roelof Botha
Mar 7, 20224 min read
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South Africa's Fiscal affairs turn the corner
Finance Minister Enoch Godongwana probably cannot believe his luck. It is highly unlikely that a taxation revenue overrun of the...

Dr. Roelof Botha
Feb 24, 20223 min read
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Exports surge to new record
South African exports increased to an impressive new record in 2021.

Dr. Roelof Botha
Feb 4, 20223 min read
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Retail slow to recover from Covid
Retail trade sales, which represent close to 20% of South Africa’s GDP, still face a long road ahead to full recovery from Covid pandemic.

Dr. Roelof Botha
Jan 25, 20223 min read
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Manufacturing sales in growth mode
The manufacturing sector is heading for a splendid finish to 2021, with November’s nominal sales figure within touching distance of R250B

Dr. Roelof Botha
Jan 18, 20223 min read
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