by Richard Veal | Sep 28, 2015 | News, Pete's Pen
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...
by Richard Veal | Aug 28, 2015 | News, Pete's Pen
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...
by Richard Veal | Jul 31, 2015 | News, Pete's Pen
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...
by Richard Veal | Jun 30, 2015 | News, Pete's Pen
Back around January this year, the Rand was hovering at around 17 to the UK PND, and in my ‘Pen’ in February I said that in my totally uninitiated and unscientific opinion, the Rand would reach 20 to the pound and 12,50 to the USD by the end of the year. I cannot even...
by Richard Veal | May 29, 2015 | News, Pete's Pen
I’m passionate about small business. That passion first emerged in 1972 when I worked for an Insurance Company in Johannesburg. My job was to persuade insurance brokers to give my company their clients’ insurance business. To provide the quote, I had to visit...
by Richard Veal | Apr 30, 2015 | News, Pete's Pen
This month was ‘April Fools’ month. Did you get caught? I did. And have you ever wondered why it is called April Fool? Nobody seems to know, but probably the most logical is the explanation that when the Gregorian calendar was adopted in the late 1500s, the New Year...
