Sometimes one must blow the horn. Even if it’s just to say to yourself “you’re not too bad”, when it comes to reading the economy with the gut. [Read on]

First published on my old blog on 13/6/2008. Today I must add, in all fairness, that Trevor is not the only finance minister in the world revising budget numbers!

Four months after Trevor’s Budget speech in February, it is now clear to what extent he had “misjudged” the local and international economic environment when drawing up his Budget. Consequently, most of his budgeted numbers will be way off target.  [Read on]

First published on my old blog on 29/3/2008. 

While we’re at it (Trevor-bashing, that is), here’s another observation… [Read on]

First published on my old blog on 28/3/2008. 

A month is a long time in the life of a national government Budget…..in South Africa. What looked solid and realistic then, looks very shaky now. I’m talking about Trevor Manuel’s Budget numbers. [Read on]

First published on my old blog on 12/3/2008. 

I’ve been busy with forecasts on my blog lately, I noted today. Too busy. It’s never good to forecast. The risks are too high.  [Read on]

First published on my old blog on 21/2/2008. 

Trevor’s 2008 Budget is another reason to believe “populism” or “socialism” will not rule in South Africa under Zuma, after all. It was another solid, balanced Budget in the mould we’ve come to expect of the man.

[Read on]