Rand Dollar Digest
Rand Dollar Digest Week ending 17 July 2026 · Spot 16.41 · Fair value 16.66 Where the rand stands The rand is trading at 16.41 to the dollar in the week just ended. Over June it averaged 16.40, and our fair-value model — a long-run relationship between the exchange rate and relative prices, money, activity […]
The economics of Ellis Park rugby tickets
(This is the English version of my Afrikaans story in Die Papier on Friday 10 July) On Saturday before last, the Springboks ran out against England in front of a packed Ellis Park. But the Tuesday before that, the stadium had been on track to be half empty. Tickets started at R950, sales were sluggish, […]
AI won’t take all the work — but it may remove the first rung of the ladder
(This is the English version of my Afrikaans story in Die Papier on Friday 19 June) While South Africa celebrates Youth Day this week, the familiar questions about young people and the future of work feel more urgent than ever. We have a generation already contending with high unemployment, weak economic growth, and an education […]