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Food for Thought


Tourism recovery gains traction
Global tourism has recovered well from the negative impact of Covid lockdowns and South Africa is no exception, with a recovery rate...

Dr. Roelof Botha
Jul 27, 20233 min read
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Total disposable income of households still rising
The Altron-FinTech Household Resilience Index (AFHRI) for the first quarter of 2023 has predictably taken a dip as a result of financial...

Dr. Roelof Botha
Jul 20, 20233 min read
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Manufacturing sector continues to shine
At its current rate of growth, South Africa’s manufacturing sector is destined to crack the R3-billion level in sales values during 2023....

Dr. Roelof Botha
Jul 13, 20232 min read
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Rand recovers on back of lower US inflation
June witnessed one of the highest ever spreads in currency value changes against the US dollar, mainly due to the huge gap between the...

Dr. Roelof Botha
Jul 6, 20232 min read
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China's economy drops a gear or two
In most countries, the prospect of a 5% economic growth rate would be met with joyful celebration. Not so in China, where the government...

Dr. Roelof Botha
Jun 29, 20233 min read
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LEGAL NOTE: UPDATE ON THE TWO POT SYSTEM
National Treasury issued the revised 2023 Draft Revenue Laws Amendment Bill and 2023 Draft Revenue Administration and Pension Laws...

Anu Ananmalay
Jun 26, 20234 min read
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Inflation on its way down
Consumers would have been delighted by this week’s announcement of lower consumer inflation. The May reading of the consumer price index...

Dr. Roelof Botha
Jun 22, 20232 min read
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NVIDIA joins $1 trillion club via generative AI
The approach of summer solstice in the Northern Hemisphere has been accompanied by a proverbial storm in the format of a brand new...

Dr. Roelof Botha
Jun 15, 20233 min read
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Recession averted, thanks to growth in key sectors
During the first quarter of 2023, the South African economy managed to thwart the gloomy predictions amongst some economists, posting a...

Dr. Roelof Botha
Jun 8, 20233 min read
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Further rise in jobs during 1st quarter of 2023
More than a quarter of a million new jobs were created during the first three months of the year, despite a rise in the official...

Dr. Roelof Botha
May 25, 20232 min read
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Rand battered by SA's stance on Russia
The drama surrounding South Africa’s alleged supply of weapons to Russia has now spread from the diplomatic arena to the likely impact on...

Dr. Roelof Botha
May 18, 20234 min read
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Inflation bound to decline further
From the perspective of indebted households and businesses, the latest reading of the producer price index (PPI) is good news indeed....

Dr. Roelof Botha
May 10, 20233 min read
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LEGAL NOTE: Section 37C - Dependency of dependants
Introduction This update addresses whether an estranged dependant qualifies for the death benefit which accrues due to the death of a...

Anu Ananmalay
May 5, 20233 min read
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Good news on the fixed investment front
April turned out to be an exceptionally good month for South Africa’s beleaguered government, which is experiencing the wrath of a...

Dr. Roelof Botha
May 4, 20233 min read
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Interest rates hurting household finances
The latest reading of the Altron FinTech Household Resilience Index (AFHRI) confirms the mounting financial pressure facing South African...

Dr. Roelof Botha
Apr 26, 20233 min read
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South Africa does not belong in BRICS
The Brics countries (Brazil, Russia, India, China and South Africa) have been in the news lately, but for all the wrong reasons. Apart...

Dr. Roelof Botha
Apr 20, 20233 min read
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LEGAL NOTE: Recap of recent updates from the FSCA
FSCA: Revised draft Conduct Standard on requirements relating to the provision of a benchmark. Comment is invited on a revised draft...

Anu Ananmalay
Apr 19, 20233 min read
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MANUFACTURING SALES REMAIN BUOYANT
South Africa’s manufacturing industries have started the year on a high note, with nominal growth in the value of total sales of more...

Dr. Roelof Botha
Apr 13, 20232 min read
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US Dollar under pressure
During March, the fortunes of the US dollar took a turn for the worse, with virtually every currency of note gaining lost ground against...

Dr. Roelof Botha
Apr 6, 20232 min read
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Construction industry needs a boost
Construction sector activity in South Africa has recovered well from the debilitating effects of the Covid pandemic, but a need clearly...

Dr. Roelof Botha
Mar 30, 20233 min read
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