Archive for May 28th, 2008

Daily Archive
Wednesday, May 28th, 2008

SA building cycles and political flashpoints.

 

Source: Bureau for Economic Research, May 28, 2008.
 
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No Comments » - Posted in South Africa by Prieur du Plessis
Wednesday, May 28th, 2008

Long-term shifts in the composition of the SA economy

By Kevin Lings
Following the release of the latest GDP data, Ian asked me to comment on the long-term shifts in the composition of the SA economy. The following bullet points should, ideally, be read in conjunction with the attached graphs.
• There is little doubt that SA has become an increasingly service-orientated economy over the past 30 […]

No Comments » - Posted in South Africa by Prieur du Plessis
Wednesday, May 28th, 2008

Building fixed investment slowing down

By Cees Bruggemans
Mid-quarter fixed investment round-table participants:
Cees Bruggemans, Chief Economist FNB
Charles Martin, Senior Economist, BER
Erwin Rode, Property Economist, Rode & Associates
Pieter Laubscher, Chief Economist BER
Bruggemans: The news coming out of the building industry appears to be increasingly grim. Fixed investment in new structures is slowing down, with apparently more downside ahead. These are enormous […]

No Comments » - Posted in South Africa by Prieur du Plessis
Wednesday, May 28th, 2008

Limits to growth sacrifice

By Cees Bruggemans
The SARB is currently focused on containing inflation expectations. All must believe inflation will return to the 3%-6% target, no matter what disruption intervenes. Whatever pushes inflation higher will pass, with us showing through our actions that we believe inflation will return to target.
This beggars belief when numberless external inflation shocks ambush us, […]

No Comments » - Posted in South Africa by Prieur du Plessis