Economics – Old Mutual Warns of a Retirement Disaster for South Africans Old Mutual has raised the alarm about the growing risk of South Africans retiring with insufficient money. This is according to Old Mutual’s head of financial education, John Manyike, who warned that the country’s new two-part retirement system is being used in ways that could erode long-term savings. The system, which came into […]
US tariffs | How South Africa’s new trade deal with China could reshape its fruit export market. As South Africa continues to scramble in search of alternative markets after the US slapped 30% tariffs on South African goods, the Minister of Agriculture, John Steenhuisen, has revealed that a new trade deal with China is close to being finalised. Steenhuisen confirmed the news on Wednesday, saying […]
Economics – South African Economy Case Study QUESTION 1 Access the article below from Daily Maverick and answer the questions that follow: Critically assess the potential development of South Africa’s oil and gas sector considering its economic, social and environmental implications. In your discussion, evaluate: Support your answer with examples from South Africa and other relevant case studies (eg Ghana, Namibia, Suriname) and critically weigh […]
Economics Assignment – South Africa Removed from FATF Grey List South Africa is off the dirty-money grey list South Africa has officially been removed from the Financial Action Task Force (FATF) grey list, the global anti-money laundering and terror financing watchdog confirmed on Friday. The move was widely expected. National Treasury and organised business welcomed the news. “National Treasury congratulates all relevant government departments and […]
Case Study: LekkerLoot’s Dynamic Strategy Dilemma LekkerLoot, a rapidly growing South African e-commerce platform, operates in a highly competitive digital marketcharacterized by monopolistic competition and the creeping influence of two large, global oligopolies. LekkerLoot’s core competitive advantage lies in its sophisticated, proprietary Artificial Intelligence (AI) system that handles dynamic pricing and competitive intelligence by analysing real-time data from over 5 million registered users.The management team […]
Microeconomics Exercises: Supply, Demand & Equilibrium Exercise 1Consider the market supply curve which passes through the intercept and from which the market equilibrium data is known, this is, the price and quantity of equilibrium PPPP=5555 and QQPP=22555555a. Considering those two points, find the equation of the supply. (10 marks)b. Draw a graph of this line. (10 marks)(20 marks)Exercise 2Considering the previous supply line, determine if […]
Petrol Prices to Rise in July | SA Fuel Outlook Bad to worse for petrol prices in July As deep tensions in the Middle East set in, local fuel price recoveries are suffering from the resultant surge in global oil prices. This has pushed pricing deeper into an under-recovery compared to mid-month estimates, making a hike in prices for July more likely. Data from the […]
Reviving Growth in Developing Economies: Analysis & Policy Recommendations Global Economy Stabilizes, But Developing Economies Face Tougher Slog Developing economies—which fuel 60 percent of global growth—are projected to finish the first quarter of the 21st century with the weakest long-term growth outlook since 2000, according to the World Bank’s latest Global Economic Prospects report. Even as the global economy stabilizes in the next two years, […]
Economic Assignment Questions on Tax, Elasticity & Unemployment QUESTION ONE [50] “Taiwan is a major world supplier of semiconductor chips. A recent earthquake severely damaged the production facilities of Taiwanese chip-producing companies, sharply reducing the amount of chips they could produce.” 1.2 a. Assume that the total revenue of a typical non-Taiwanese chip manufacturer rises due to these events. In terms of an elasticity, what […]
South Africa’s Auto Market Shows Signs of Recovery as Used Vehicle Demand Rises The latest TransUnion South Africa Vehicle Pricing Index (VPI) for Q4 2024 reveals a cautiously optimistic outlook for the country’s automotive sector, with improving economic conditions encouraging consumer confidence while affordability challenges continue to shape purchasing decisions. Key insights from the report indicate a continued shift towards used vehicles, with financing for […]
