Die ekonomie minuut

In the past week, the World Bank has made some interesting predictions about commodity prices, from the price of oil to the price of gold. Whether they are right or wrong price changes will have important consequences for our economy.

This episode is supported by the NWU Business School.

Errors and omissions are my own.

Verlede week het Statistieke Suid-Afrika die vervaardiging- en mynbou-sektore se produksie en verkope syfers vir September bekend gemaak. In vergelyking met September verlede jaar en in vergelyking met die afgelope Augustus was produksie minder. Dit word toegeskyf aan die “usual suspects” van beurtkrag, Transnet se logistieke bottelnekke en die gedempte vraag uit Sjina. Dit is egter nie maar net nog slegte nuus nie. Hierdie maandelikse aanwysers het ʼn belangrike plek in die groter prentjie.

Hierdie episode word ondersteun deur die Buro vir Ekonomiese Ondersoek in Stellenbosch en die NWU Sakeskool.

Foute en weglatings is my eie.

Last week, Statistics South Africa released the manufacturing and mining sectors' production and sales figures for September. Compared to September last year and compared to this August, production was lower. This is attributed to the "usual suspects" of load shedding, Transnet's logistical bottlenecks and the weak demand from China. However, it is not just more bad news. These monthly indicators have an important place in the bigger picture.

This episode is supported by the Bureau of Economic Research in Stellenbosch and the NWU Business School.

Errors and omissions are my own.

Ekonome beklemtoon gereeld dat die ekonomie vinniger moet groei. Partykeer neem ons die argument verder en verduidelik dat ekonomiese groei moet lei tot ekonomiese ontwikkeling. Een maatstaf daarvan is of die volgende generasie beter daaraan toe is. Inkomste is een aspek daarvan, maar verwant daaraan is opleiding en ook die werk wat mense doen om hulle inkomste te kry.

Hierdie episode word ondersteun deur die NWU Sakeskool.

Foute en weglatings is my eie.

Hierdie is episode 200 van 2023 en alles saam is so 25635 keer geluister. Baie dankie aan die borge wat die podsending ondersteun en almal wat saamluister.

Economists often stress that the economy has to grow faster. Sometimes we take the argument further and explain that economic growth must lead to economic development. One

This episode is supported by the NWU Business School.

Errors and omissions are my own.

This is episode 200 of 2023 and everything has been played 25635 times. Thanks to the sponsors who support the podcast and everyone who has been listening.

Die studie van ekonomiese denke het die laaste jare gekwyn tot ʼn lesing of twee in Makro-ekonomie in die tweede jaar. Keynes self het egter gesê “Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist”. As jy wonder of jy die beste ekonomiese denker se argumente gebruik om die braaivleisvuur is daar ʼn nuwe boek wat kan help. Die titel is GOAT: Who is the greatest economist of all time, and why does it matter?

Hierdie episode word ondersteun deur die NWU Sakeskool.

Foute en weglatings is my eie.

The history of economic thought has dwindled in recent years to a lecture or two in Macroeconomics in the second year. However, Keynes himself said "Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist". If you wonder if you are using the best economic thinker's arguments around the barbecue fire, there is a new book that can help. The title is GOAT: Who is the greatest economist of all time, and why does it matter?

This episode is supported by the NWU Business School.

Errors and omissions are my own.

Die laaste paar dae was daar interessante beriggewing oor die AGOA beraad en die belangrikheid daarvan vir Suid-Afrikaanse uitvoer na die VSA. Beleidmakers praat maklik van uitvoer-geleide ekonomiese groei, maar nuus oor die krisis by Kaapstad hawe en die demper wat dit op veral sitrus-uitvoer kan plaas wys dat ook binnelandse faktore ʼn rol speel in die mededingendheid van ons uitvoer. Wat ons maklik vergeet is dat dit is nie die land wat uitvoer nie, maar besighede.

Hierdie episode word ondersteun deur Economic Research Southern Africa en die NWU Sakeskool.

Foute en weglatings is my eie.

Over the last few days, there has been interesting reporting about the AGOA summit and its importance for South African exports to the US. Policy makers are quick to talk about export-led economic growth, but news about the crisis at Cape Town harbour and the dampener it can put on citrus exports in particular shows that domestic factors also play a role in the competitiveness of our exports. What we easily forget is that it is not the country that exports, but businesses.

This episode is supported by Economic Research Southern Africa and the NWU Business School.

Errors and omissions are my own.