Category: Government
Rand Manipulation: Some Far-Reaching Currency Impacts
Without getting into the facts of the matter, currency manipulation has far-reaching effects on the major economic participants such as consumers, businesses, and the government.…
Comments Off on The economy-wide effects of higher petrol prices
The economy-wide effects of higher petrol prices
The Automobile Association of South Africa recently announced an increase in petroleum prices, citing the combination of a weaker rand and an increase in the…
Comments Off on The economic impact of recent lootings in South Africa
The economic impact of recent lootings in South Africa
The ongoing local protests and widespread looting have taken the country by storm. Although many believed the protests were about the unfair conviction of the…
Comments Off on How Does Government Debt Affect You in Person?
How Does Government Debt Affect You in Person?
The government accumulates debt by acquiring loans either from local or international lenders. A certain fraction of government debt is Rand dominated while the other…