ReThink August

ReThink August

Venezuela’s hyperinflation is set to reach an annualised rate of 1 000 000% by the end of this year. As a case in point, populists need not look far for evidence of the dire results of adopting a socialist model. Socialist policies, together with rampant corruption...
ReThink July

ReThink July

Welcome to the first edition of Rethink, our new monthly note. Our regular readers will notice our most popular thought pieces have been retained in this new format. As Mark Twain once said, “History doesn’t repeat itself, but it often rhymes.” We hear history rhyming...
SA economy effectively standing still since 2008

SA economy effectively standing still since 2008

Looking at GDP from the production side of the economy: At the headline level, the numbers make for worrying reading with the SA economy contracting by 2.2% over the first quarter on an annualised, seasonally adjusted basis, and rising by a modest 0.8% for the year to...
Prospects for SA’s economic growth in 2018 and beyond

Prospects for SA’s economic growth in 2018 and beyond

Cyril Ramaphosa’s policies, introduced in the run-up to the ANC election at the end of 2017, targeted 3% growth in gross domestic product (GDP) by as soon as the end of 2018, with the suggestion that successful policy implementation could see annual economic growth...