Pete’s Pen – November 2015

“Another nail in the coffin of the South African economy”. These were the words of the American Chamber of Commerce earlier this month when the ANC rammed the Protection of Investment Bill through the Portfolio Committee on Trade and Industry‚ despite the objections...
Pete’s Pen – October 2015

Pete’s Pen – October 2015

I think a Pandora’s Box has just been opened. The Government has given in to the students demands for ‘no university fee increases’, and whilst free education has been promised by the Government for many years, the government has created a precedent for mass action to...

Pete’s Pen – September 2015

This month, it was the Springboks that took our minds off the economic conditions. For days after their game with Japan, the only headline news related to how we had been embarrassed by the Boks. And you don’t want to know how many insulting jokes I received on...
Pete’s Pen – August 2015

Pete’s Pen – August 2015

What a terrible month it’s been for the SA economy. Last month I was delighted to read that economist Peter Worthington said that although South Africa was facing ongoing domestic challenges which were being exacerbated by global risks, one “bright spot” was the...
Pete’s Pen – July

Pete’s Pen – July

We’re at the end of July, and what a month it’s been. I thought that this month all eyes would be on the Greek economy, and here in SA we’ll be left unaffected. I thought that the Rand might get even stronger. Alexis Tsipras, Greece’s Prime Minister, succeeded in...