Tag: Rand
Reinforcing the Rand
The invention of money allowed people to replace their original system of trade, which was barter. Instead of swapping one good or service for another, the creation of money allowed people to buy what they wanted on credit.
Junk Status – what business challenges to expect?
How should companies and organisations respond to the unpredictable consequences of the recent downgrade of South Africa’s credit rating by two major agencies?
Business owners, senior managers and company executives need to prepare themselves for a bumpy second quarter in 2017, with the only certainty being that nobody really knows how much the downgrades by rating agencies and the weaker rand will impact on the economy.
Political instability a concern?
While South Africans are still coming to terms with the implications of junk status (so far not much), global markets are not standing still and a number of notable developments are taking place.
DISPOSABLE SALARIES CONTINUE TO DECLINE!
"For the first time since the BDSI began in 2013, the average real disposable salaries declined for eight consecutive months in a row on...
Fuel levy increase – doom & gloom?
"With several economists of the opinion that the price of petrol and the fuel levy will continue to rise this year, the knock-on impact...
WEATHERING THE TOUGH TIMES AHEAD
According to National Treasury, the GDP growth rate is forecasted at an estimated 1.3% for 2017. The outlook points to a tough year ahead...
RATINGS REPRIEVE, BUT WORK TO BE DONE
After a tense period in which the three major global ratings agencies assessed the local economy, government policy and more, South Africans can head...