Die ekonomie minuut

Ek onderbreek vandag die ernstige ekonomiese nuus met ʼn storie uit die musiekbedryf. In 2021 het beleggers $5 miljard bestee om die regte tot ou liedjies te koop. So katalogus van liedjies genereer inkomste soos wat dit in advertensies gebruik word, tantieme wanneer dit oor radio gespeel word en oor stroomdienste geluister word. Nou lyk dit egter of die beleggers te duur betaal het en die ou rock-sterre al die pad bank toe lag.

Hierdie episode word ondersteun deur die NWU Sakeskool.

Foute en eweglatings is my eie.

Today I interrupt the serious economic news with a story from the music industry. In 2021, investors spent $5 billion to buy the rights to old songs. A catalogue of songs generates revenue as they are used in advertising and royalties when played on the radio and listened to on streaming services. Now, however, it seems that the investors paid too much and the old rock stars are laughing all the way to the bank.

This episode is supported by the NWU Business School.

Errors and omissions are my own.

Met al verlede week se episodes oor die mini-begroting het daar ʼn paar aanwysers deurgeglip waarmee ek graag vandag wil opvang. Dit sluit in aankopbestuurdersindekse vir Oktober, nuwe voertuigverkope en aanwysers uit die VSA.

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

Foute en weglatings is my eie.

With all of last week's episodes about the mini-budget, a few indicators slipped through that I would like to pick up on today. This includes purchasing driver indices for October, new vehicle sales and indicators from the US.

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

Errors and omissions are my own.

Mense vra, so wat beteken gister se mini-begroting vir die gewone man op straat en vir besighede? Op die korttermyn word ons nie eintlik geraak nie. Die bekommernisse is langtermyn en gaan oor die staatskuld en oor die moontlikheid van ʼn skuldkrisis.

Hierdie episode word ondersteun deur die NWU Sakeskool.

Foute en weglatings is my eie.

People are asking, so what does yesterday's mini-budget mean for the man on the street and for businesses? In the short term, we are not really affected. The concerns are long-term and concern the public debt and the possibility of a debt crisis.

This episode is supported by the NWU Business School.

Errors and omissions are my own.

Ons weet dat die Minister van Finansies se uitdaging is om die staatskuld-tot-BBP verhouding te stabiliseer terwyl die ekonomie en sy belastinginkomste stagneer en daar baie eise is vir bykomende besteding. Gister se mini-begroting was ʼn dapper poging om dit reg te kry.

Hierdie episode word ondersteun deur die NWU Sakeskool.

Foute en weglatings is my eie.

We know that the Finance Minister's challenge is to stabilize the public debt-to-GDP ratio while the economy and its tax revenues stagnate and there are many demands for additional spending. Yesterday's mini-budget was a brave attempt to get it right.

This episode is supported by the NWU Business School.

Errors and omissions are my own.

Die vraag wat kommentators vandag gaan vra is of die regering se medium-termyn begrotingsbeleid volhoubaar is. Kortom, kan ons so aangaan?

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

Foute en weglatings is my eie.

The question that commentators will ask today is whether the government's medium-term budget policy is sustainable. In short, can we go on like this?

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

Errors and omissions are my own.