Daar was verlede week ʼn interessante aanwyser en interessante ontleding in die nuus. Die aanwyser is inflasieverwagtinge en die ontleding gaan oor produksievolumes in die vervaardigingsektor.

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

Foute en weglatings is my eie.

There was an interesting indicator and interesting analysis in the news last week. The indicator is inflation expectations and the analysis concerns production volumes in the manufacturing sector.

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

Errors and omissions are my own.

Ek wou iets sê oor korrupsie, die wapenskandaal van die vroeë 2000s en die jaar-oue Zondo verslae maar het besluit om eerder ʼn blaaskans te vat van die ernstige  nuus en ek gesels vandag oor markte. Daar is markte in alles en die Marginal Revolution blog versamel hierdie interessante stories.

Hierdie episodeword ondersteun deur die NWU Sakeskool.

Foute en weglatings is my eie.

I wanted to say something about corruption, the weapons scandal of the early 2000s and the year-old Zondo reports but decided to take a break from the serious news and instead I'm talking about markets today. There are markets in everything and the Marginal Revolution blog collects these interesting stories.

This episode is supported by the NWU Business School.

Errors and omissions are my own.

Een van die bekommernisse van ons tyd is dat kunsmatige intelligensie, spesifiek die GPT modelle, binnekort ʼn klomp geleerde mense se werke gaan vat. Die onlangse ervaring van vertalers gee mens ʼn idee van watter kragte aan die werk is.

Hierdie episode word ondersteun deur die NWU Sakeskool.

Foute en weglatings is my eie.

One of the concerns of our time is that artificial intelligence, specifically the GPT models, will soon take a lot of educated people's jobs. The recent experience of translators gives one an idea of what forces are at work.

This episode is supported by the NWU Business School.

Errors and omissions are my own.

Daar is onlangs verskillende aanwysers bekend gemaak wat ons meer wys van die stand van die ekonomie aan die einde van die tweede kwartaal. Gister is ABSA en die Buro vir Ekonomiese Ondersoek se aankopebestuurdersindeks en Naamsa se voertuigverkope data vir Juniemaand vrygestel.

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

Foute en weglatings is my eie.

Various indicators have recently been released that show us more about the state of the economy at the end of the second quarter. ABSA and the Bureau of Economic Research's purchasing managers' index and Naamsa's vehicle sales data for June were released yesterday.

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

Errors and omissions are my own.

Die NWU Sakeskool het Vrydag die nuutste beleidsonsekerheids-indekssyfer bekend gemaak en dit staan op die hoogste vlak ooit. Beleidsonsekerheid is wanneer daar onsekerheid is oor regeringsbeleid of die gevolge daarvan. Die voorbeelde is ongelukkig volop – byvoorbeeld, is die Suid-Afrikaanse regering toegewyd tot die oorgang na hernubare energie wat grootliks deur die privaatsektor opgewek word, of sien hulle steeds ʼn groot rol vir Eskom en steenkool in die toekoms? Navorsing wys dat onsekerheid veroorsaak dat investering uitgestel word en dit demp ekonomiese groei.

Hierdie episode word ondersteun deur die NWU Sakeskool.

Foute en weglatings is my eie.

The NWU Business School published the latest policy uncertainty index figure on Friday and it stands at the highest level ever. Policy uncertainty is when there is uncertainty about government policy or its consequences. The examples are unfortunately plentiful - for example, is the South African government committed to the transition to renewable energy which is largely generated by the private sector, or do they still see a big role for Eskom and coal in the future? Research shows that uncertainty causes investment to be delayed and this dampens economic growth.

This episode is supported by the NWU Business School.

Errors and omissions are my own.