Die ekonomie minuut

The government is considering incentives to get people over the age of 60 to be vaccinated against Covid-19. They are a vulnerable group and only 61.8% of the 5.5 million people of that age have been vaccinated. The Department of Health will launch an incentive program in early November, starting with a food voucher worth R100. R100 million has been raised for this from the private sector. Behavioral economics also provides some advice here.

Verbruikersprysinflasie het gestyg vanaf 4,9% in Augustus tot 5% in September. Dit is grootliks gedryf deur stygings in die brandstofprys.

Consumer price inflation increased from 4.9% in August to 5% in September. This was largely driven by increases in fuel prices.

Die laaste paar dae se nuusberigte wys net hoe kwesbaar Suid-Afrika se ekonomiese herstel is. As dit lyk of Sjina begin stadiger groei, en daar is druk op energiepryse, dan val die rand en almal wonder met hoeveel gaan inflasie en rentekoerse styg. Meeste ontleders dink dat hervormings beweeg in die regte rigting, maar nog te stadig. Die hoof van Business Leadership SA het ʼn beroep op die President gedoen om gou weer ʼn groot stap te neem, maar wat sou dit kan wees?

The news reports of the last few days show just how vulnerable South Africa's economic recovery is. If China seems to start to grow more slowly, and there is pressure on energy prices, the rand depreciates and everyone is wondering by how much inflation and interest rates will increase. Most analysts think that reforms are moving in the right direction, but still too slowly. The head of Business Leadership SA called on the President to make a bold move soon, but what would that be?

Is jy ook partykeer lus en los jou werk en word eerder ʼn YouTuber? Of miskien sal iemand my betaal om rond te reis en foto’s te neem en hulle bestemmings of produkte op Instagram te bemark. In die sogenaamde creator economy het almal al gehoor van een of ander tiener wat miljoene maak op Tik-Tok, maar wie skep in die skeppende ekonomie?

Do you also sometimes feel like quitting your job and become a YouTuber? Or maybe someone will pay me to travel, take photos and market their destinations or products on Instagram. In the so-called creator economy, everyone has heard of some teenager making millions on Tik-Tok, but who makes the money in the creative economy?

Die afgelope week was daar ʼn paar stukkies ekonomiese nuus wat my oog gevang het, wat ek graag hier wil deel: die brandstofprys, the President se werkskeppingsplanne, die mini-Begroting, VPI inflasiesyfers die week.

This past week there were a few pieces of economic news that caught my eye, and I would like to share them here: the fuel price, the President's job creation plans, the mini-Budget, CPI inflation numbers this week

Ons almal onthou die vernietigende sosiale onrus van Juliemaand, en weet van die negatiewe impak wat dit op produksie, groot- en kleinhandel gehad het. Hierdie week het Statistieke Suid-Afrika syfers vir Augustusmaand bekend gemaak, en ongelukkig wys dit op ʼn wisselvallige herstel.