Ronel Talks Money: Dawie Roodt Demystifying the Economy
Introduction:
We often hear about the economy and terms like repo rate, CPI, junk status etc. but do we really understand all these terms and how these impact on our personal finances. During this Ronel Talks Money show, the well-known economist Dawie Roodt (chief economist at the Efficient Group) helps us to demystify the economy. You will certainly enjoy this interview and look at the economy differently in future.
A few of the questions we answer in this interview:
- Tell us about your journey and your interest in the economy?
- Explain the economy to us in layman’s terms?
- What are the factors that impact on the economy?
- How does the economy impact on the man on the street?
- We often hear the economy is not doing well – when is the economy not doing well?
- How can the South African economy be strengthened?
- How is the inflation rate calculated and what can people do to combat inflation?
- Explain the repo rate and what causes for the Reserve Bank to increase or decrease the repo rate?
- What causes for the Rand to strengthen or weaken?
- The annual budget – what is the bigger picture?
- We often hear about downgrading and junk status – what does it mean for the man on the street?
- What was the real impact of covid-19 on the South African economy?
- Given our current economy, what are the opportunities within South Africa?
- Based on your experience and predictions what would your message be for South Africans considering we experienced a worldwide pandemic?
Thank You
