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Food for Thought

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
9

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
18

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
65

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
22

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
17

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
23

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
35

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
30

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
4


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
30


SA Banks should be safe from new financial turmoil
Silicon Valley Bank’s demise represents a worst case scenario of the dangers that lie in wait for banks all over the world, due to the...
Dr. Roelof Botha
Mar 23, 20233 min read
21


DMRE obstructing mining development
South Africa’s mining sector has enjoyed a satisfactory start to 2023, with January’s total mineral sales of R63 billion matching the...
Dr. Roelof Botha
Mar 16, 20233 min read
154


Capital formation urgently required to sustain GDP growth
Cynics that had predicted negative GDP growth for 2022 will have to wait at least another 12 months to see whether their pessimism may...
Dr. Roelof Botha
Mar 8, 20232 min read
138

LEGAL NOTES Update: Impact of the Budget Speech 2023/2024 on Retirement Funds
On 22 February 2023 Finance Minister Enoch Godongwana delivered his budget speech. He noted that the 2023 budget is being tabled in a...
Anu Ananmalay
Mar 6, 20235 min read
108


Employment gains continue in 4th quarter
The South African economy continued its impressive job creation performance in the 4th quarter of 2022, adding another 169,000 new jobs....
Dr. Roelof Botha
Mar 3, 20232 min read
30


Budget 2023/24 – emphasis on renewable energy & tax breaks
The 2023/24 national budget delivered by Finance Minister Enoch Godongwana has been met with a favourable initial response by...
Dr. Roelof Botha
Feb 23, 20234 min read
114


Energy crisis takes its toll on the Rand
On 13 February, the rand breached the $18-level again, recording its weakest level since mid-November. This decline follows hot on the...
Dr. Roelof Botha
Feb 16, 20233 min read
12


Legal Update February 2023 -Article by the Institute of Retirements Funds Association (IRFA)
New legislation spells name change for Pension Funds Tribunal. The financial services dispute resolution landscape is being radically...
Anu Ananmalay
Feb 14, 20233 min read
16


The Global Economy | The gloom starts to lift
What a difference a couple of weeks can make! Early in January, the World Bank published its latest global economic outlook, which is a...
Dr. Roelof Botha
Feb 9, 20233 min read
9

Tourism recovery on track
In December, the number of overseas travellers visiting South Africa jumped to its highest level since February 2020 (which was just...
Dr. Roelof Botha
Feb 2, 20232 min read
6
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