columnist. Fervid. she/her. Bylines (ready?) M&G, Fin24, The Times, Sowetan, News24, ZANews, Marie Claire, Cosmo, OkayAfrica, Business Day, The Monitor.
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Dec 28, 2021 ⢠7 tweets ⢠2 min read
A very short thread for those whose NY resolution is to get their finances in a better place.
I did 4 simple things this year that really changed things for me.
1. I started using the @22seven app religiously. I have a single view of every single financial product I have. My monthly budget is there and because it tracks purchases across accounts, I canât lie to myself about my spending. In related news, I have an Uber Eats problem.
Dec 16, 2021 ⢠7 tweets ⢠2 min read
I need you guys to take a short course in probability theory.
The most common finding in youth transitions literature is that transitions are longer and more complex. Itâs true that young people across the board are struggling more than any modern generation before them. But there is absolutely no question that educated young people +
Nov 21, 2020 ⢠5 tweets ⢠1 min read
I read the Fitch statement (I think) and my reading of it was the frustration the agency had with gov not meeting itâs own self-defined targets for fiscal consolidation. Itâs not all âwasted 9 yearsâ. A lot of the feedback is that the agencies donât believe in the current action.
If everything about the ratings announcement was backward-looking weâd know the rating and not need to wait till midnight for statements. Agencies are looking for progress, and they are saying they canât see it.
Nov 21, 2020 ⢠4 tweets ⢠1 min read
Accountability is not demonising. The problem when you choose sides instead of choosing the principle is that when itâs NT or SARB it becomes an attack and when itâs departments you donât like it becomes accountability. These are constitutional mandates we are talking about.
National finances are political and political principal must take responsibility, regardless of how friendly yâall are with him.
Aug 14, 2020 ⢠10 tweets ⢠2 min read
Many of you will never understand how much of a Grootman Broke My Heart story this Brian Molefe saga has been.
Brian Molefe was the blue-eyed boy of the ANC. First, as the technocrat star of the pre-2007 administration and Zuma administration. He could do no wrong.
Jan 11, 2020 ⢠6 tweets ⢠2 min read
10 years ago, we were complaining about growing at 3% (China grew by 10+% in 2010, Brazil 7.5%, Nigeria close to 8%). We were underachieving because of Eskom.
Now, same problem but growth projections are at 0.9% because problems that donât get fixed evolve and get worse.
In the meantime, since SA first experienced power shortages, the economyâs structure has changed. Industries that hire unskilled and semi-skilled people are typically energy-intensive primary and tertiary sector industries. Canât build factories without power.
Dec 29, 2019 ⢠16 tweets ⢠3 min read
Youth unemployment is 100% a structural issue, however, graduates not being taught entrepreneurship is not the problem. That narrative adds to the overall pitch that young people must solve a problem they didnât create.
Iâm going try explain something that Iâve been trying to understand for three years. Bear with me if itâs confusing.
We are all taught that the banking sectorâs role in society is to coordinate excess funds with demand for funds, largely for commerce or âthe real economyâ.
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