We talk SA credit usage is slowing, and did the President get bad land advice?! | The Daily Friend Show (29-07-2019)

Loading player...
We are in conversation with IRR Chief Economist, Ian Cruickshanks and IRR Analyst, Terence Corrigan in this Monday edition of The Daily Friend Show!

We unpack the new data from the South African Reserve Bank tracking Money Supply & Private Sector Credit Extension. It is alarming to see the slow-down in credit activity. It further points to a weakening economy, and tough times ahead.

We then discuss the new piece by Terence, which looks at the danger of Expropriation Without Compensation, and the danger of the bad land advice given to President Ramaphosa by his Presidential Advisory Panel on Land Reform and Agriculture.

Find all our work, news, opinion and analysis on The Daily Friend (www.DailyFriend.co.za).
29 Jul 2019 6AM English South Africa News Commentary · Politics

Other recent episodes

South Africans abandoned in the Middle East

Today's Daily Friend Show with Ricardo Teixeira, Ofentse Donald Davhie and Nicholas Lorimer. They discuss DIRCO's poor response the war in the Persian Gulf. They also discuss Floyd Shivambu's new party and lastly they discuss the growing importance of India.
6 Mar 7AM 46 min

They didn't hide the dead rats

John Endres and Nicholas Lorimer discuss the latest on the battle for Joburg. They also discuss the ANC sending condolences to Iran. And they discuss the court action against News24 for what they published on a Gauteng mayor.
5 Mar 9AM 32 min

Life can be better in SA

Nicholas Lorimer and Michael Morris discuss the difference between the quality of life in SA’s provinces. They also discuss the life of Mosiuoa Lekota and some dead-end approaches to unemployment.
4 Mar 9AM 36 min

A GNU divided against itself can stand

Nicholas Lorimer and Michael Morris discuss how a competitive GNU is better than a cozy one. They also chat about the larger ramifications of the water crisis. And about the uncertainty of war.
2 Mar 10AM 39 min