With the Budget Speech in the news this week it was easy to miss the announcement of the 2023 minimum wage. Yet, it has important consequences and I want to say a bit more about it. 

The Agricultural Economics Minute, is supported by RAiN chartered accountants. You reap the harvest, they reap the rest.

Errors and omissions remain my own.

Met die Begrotingsrede vandeesweek in die nuus het die aankondiging van 2023 se minimumloon amper onbespreek verby gegaan. Dit het egter ingrypende gevolge vir werkers en werkgewers en ek wil graag meer hieroor sê. 

Die Landbou-ekonomie Minuut, wordondersteun deur RAiN geoktrooieerde rekenmeesters. Boer jy die lande, hulle boer die res.

Foute en weglatings bly my eie.

Ek wil nie een van daardie doemprofeet ekonome wees nie so laat ek eerste sê die Minister het sy bes gedoen met wat hy het. Daar is egter ʼn paar dinge om oor bekommerd te wees.

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

Foute en weglatings bly my eie.

I don't want to be one of those doom-and-gloom economists so let me first say the Minister did his best with what he had. However, there are a few things to be concerned about.

Economic Research Southern Africa and the NWU Business School support this episode.

Errors and omissions remain my own.

With stage 6 load shedding today I have to remember to keep the laptop charged and make sure I have data to watch this afternoon's Budget speech. Rightly so, the focus will be on Eskom.

This episode is supported by Predictive Insights and the NWU Business School.

Errors and omissions remain my own.

Met fase 6 beurtkrag vandag moet ek onthou om die skootrekenaar gelaai te hou en seker maak ek het data om na vanmiddag se begrotingsrede te kyk. Met goeie reg gaan die fokus op Eskom wees.

Hierdie episode word ondersteun deur Predictive Insights en die NWU Sakeskool.

Foute en weglatings bly my eie.

Tomorrow afternoon the Minister of Finance will deliver the Budget Speech. It can easily sound like one damned thing after another: economic outlook, lots of spending promises, and then the sin taxes. But here is some advice if you want to listen like an economist.

This episode is supported by Jenwil financial advisory service and the NWU Business School.

Errors and omissions remain my own.

More middag lewer die Minister van Finansies die Begrotingsrede. Dit kan maklik klink soos een dêm ding na die ander: ekonomiese vooruitsigte, klomp los bestedingsbeloftes, en dan die sondebelastings. Maar hier is raad as jy soos ʼn ekonoom wil luister.

Hierdie episode word ondersteun deur Jenwil finansiële adviesdiens en die NWU Sakeskool.

Foute en weglatings bly my eie.

Woensdag lewer die Minister van Finansies die Begrotingsrede en dit belowe om ʼn interessante een te wees. Luister hierdie week na die Minuut vir meer oor wat ons kan verwag en hoe dit jou raak.

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

Foute en weglatings bly my eie.

On Wednesday, the Minister of Finance delivers the Budget speech and it promises to be an interesting one. Listen to the Minute this week for more on what we can expect and how it affects you.

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

Errors and omissions remain my own.