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NEWS MEMO
2023 News Memo – Inflation Edition
By RequisiteSBA | |

Some observers would not be too far off in concluding that the most recent inflation narrative begins with the word 'transitory'. This word could be commonly accepted as meaning 'in passing'. By now some readers are probably wondering why an inflation narrative, a global one at that, would begin with a word such as transitory. Well, this is because the word transitory was Jerome Powell's go to word in describing the inflationary environment which ensued after a record amount of $15 trillion, as estimated by Reuters, was envisioned to be printed into monetary circulation by global central banks as a response to the covid-19 pandemic's financial impact - other media outlets describing its disruption as something not seen since the 1918 - 1920 Spanish influenza. The level of quantitative easing resulting from the United States's government response to the covid-19 pandemic is recorded as resulting in the country's worst inflation in 40 years. Certainly not a pretty picture for the world's current leading economy by Gross Domestic Product.

2022 ANNUAL NEWS MEMO
By RequisiteSBA | |

The seemingly organized attack on the United States Capitol building in Washington D.C. on the 6th January 2021 should surely go down in American history as firstly, an example of a possible result when the democratic process works. Secondly, as a poignant example for the future generations of Americans that a defeat in the political arena is always on the horizon. This therefore dictates the acceptance of a result and not only the acceptance of a favourable result. At the time of writing, the impact that this once in a lifetime event would have on business sentiment levels in America was not yet clear. Some analysts would have possibly concluded that the ramifications would be minimal since this was the first political occurrence of its kind. Whatever the general consensus regarding this occurrence, the unnecessary loss of life which came as a result should serve as a firm reminder of what could go wrong when absolute power ends up in the hands of undesirable politicians - something which has sadly become a grim norm on the African continent.

2021 ANNUAL NEWS MEMO
By RequisiteSBA | |

The year 2021 kicked off with what seemed to be a continuation of the eye-opening disruption or opportunity witnessed during 2020. News came in of the permanent closure of Greyhound and Citiliner busliners after a reported 37 years of operations in South Africa. The well-known music retailer, Musica, also suffered the same fate having to shut its doors even though their reason for ceasing operations would appear to be a lack of strategic flexibility in taking advantage of digitization when catering to constantly evolving consumer tastes and preferences.