Johann Biermann 🇿🇦
@JohannBiermann1
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Sometimes I tweet in Afrikaans. Markets in the week, wine & braai over weekends. Also, @winesilike and the Braaibroodjie Index.
Somerset West, South Africa
Joined January 2012
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Results from the Orania voting station.
The single EFF vote ... 🤔
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ANC support the last 20 years:
2004 - 69.7%
2009 - 65.9%
2014 - 62.2%
2019 - 57.5%
2024 ...
Gradually then suddenly?
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Visiting a shopping mall on a Saturday must be one of the worst experiences of our modern life.
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Competition is a beautiful thing.
South Africa’s leading online retailer Takealot is introducing delivery within an hour as it braces for Amazon to enter the country’s e-commerce sector
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31 Dec 2021:
- R1m home loan cost: R7900 a month
- To fill up your 55l tank cost: R1080
Today:
- R1m home loan cost: R9100 a month
- To fill up your 55l tank cost: R1435
Disposable income ⬇️ without any additional benefit.
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Rise Mzansi:
Votes so far: 4,027
Twitter followers: 14,400
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I do my best proof reading after hitting "Send".
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1 January 2022:
-Tank of petrol (50 liters): R979
-Monthly installment on R1 million bond: R7,900
Today:
-Tank of petrol (50 liters): R1,111 (+13.5% higher)
-Monthly installment on R1 million bond: R9,984 (+26%)
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- Average monthly rent in SA (from PayProp): R7778
- Average petrol bill for 2 tanks: R2500
That's more than R10k a month before food, insurance, debt repayments, electricity, etc.
- Average after tax salary per month (Stats SA): R20600
It just doesn't work.
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Imagine being a restaurant owner.
The curfew is at 21h so you probably need to close shop at 20h.
But wait! You've got loadshedding from 18h to 20h.
Oh yes, and you can't sell wine or beer.
This is the reality of many restaurateurs.
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I never thought I'd live to see the day that the ANC's support drop below 40%.
What a time to be alive.
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"Eskom is asking consumers to delay starting up inverter and battery systems when electricity returns after load shedding to avoid a demand peak after every planned blackout."
That will be a resounding No from my side.
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@WorldRugby
@Capgemini
All I see is 14 out of 15 players who don't have a World Cup trophy to return to. This is like handing out participation medals.
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@Eskom_SA
@SAgovnews
@GovernmentZA
@GCISMedia
@IOL
@Fin24
@SundayTimesZA
@ewnupdates
@BDliveSA
@SAfmnews
@SABCNewsOnline
Have you tried turning Medupi off and on again?
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I've said it before, but I'm going to say it again.
Few things in this world are so useless as the email search function in Outlook.
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Imagine being the owner of a small restaurant.
For almost 4 months the gov has closed your shop. Now that you may open under strict conditions, they turn off your electricity.
You can't win.
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This is 100% true, especially in SA.
You can visit the most beautiful farm and only fork out R50 to spend the day there while enjoying a few wines.
Also when buying wines, we have some proper gems. Here's a few wines that that has gem status:
wine is a great example where you can have incredible experiences with bottles that are pretty affordable
expensive doesn’t always mean better
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Basically the difference between Level 5 and Level 4 is cigarettes.
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Such a talented Cabinet we have here in South Africa where a Minister who specialises in Tourism can takeover a Health ministry during a global health pandemic.
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Country status update:
> Stage 2
> Wave 3
> Level 4
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- R3.50 petrol price increase on the cards
- "unexpected" move to Stage 4 loadshedding
- Urgent SARB briefing
...and this is just Monday.
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Rand strengthening to 14.34 as Cyril and Ace suspended each other.
This proof we are better off leaderless.
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Can we all please all stand up and give Dawie a round of applause 👏
Thanks again for the great coverage!
And that's it for me folks. Thanks very much for following along and thanks for the supportive comments along the way. Incredible election. Privilege to have been here for it.
I'm writing up a detailed analysis for News24 which we will publish in the coming days.
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So basically Cape Town.
JUST IN: The United Arab Emirates changes its working week to four and a half days, with a half day off on Friday and a weekend of Saturday and Sunday
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It's difficult to top this as far as anthems go!
🇿🇦🇿🇦🇿🇦
MUST WATCH WOW! 🤩
An INCREDIBLE moment as South Africa perform a passionate rendition of their national anthem 😅🇿🇦
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Some Friday good news from the cold Karoo this morning.
1st time in nearly a decade that this dam is full.
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Last night went to bed without electricity. This morning also no electricity.
It's like I am camping in my own home.
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Using the underlying data from Stats SA, I've set up an Index to track the price change of a Braaibroodjie.
I've used approximate weights to allocate a percentage weight to all the underlying ingredients you would use.
Going back to 2017, the price of a braaibroodjie peaked in
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I'm not allowed to have 1 friend over, but I can go to a restaurant with that friend?
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Guess we can open our restaurants again.
#JacobZuma
supporters from Durban are making their way to Nkandla. This is what the N2 North looks like now.
#eNCA
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Youth unemployment according to the expanded definition reaches a new record high in Q1 2021: 74.7%
74.7% of youth are unemployed.
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I don't do New Years resolutions, but I have one for 2021.
Continue to move most of my spending to small and family owned businesses. Businesses most affected by lockdown without any support from government.
Many people have already started doing this. We can make a difference.
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I think we need to bite the bullet and maybe buy 2 of these machines.
A machine that produces driving licence cards has broken down. This was revealed by the department of transport on Wednesday, saying it could take up to three weeks to fix the machine.
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Please no, this would mean we will have to follow 2 loadshedding schedules.
Ramaphosa says he and minister Gwede Mantashe believe it's a good idea to create a 2nd power generation state owned entity to relieve the burden from Eskom.
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Imagine being able to donate R1 billion two days before pay day.
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South African inflation came out at 4.6% from 5.1% previously. Was expected to drop to 4.8%.
Dear
@KganyagoLesetja
, let's get that 50 bp cut in!
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Braaibroodjie Index update:
I'm sorry, I have some bad news... During April, the price of a braaibroodjie hit a new all time high as the price increased by +4.3%! This despite inflation being only +0.3% and Food Inflation +0.2%.
The reason we are seeing this spike is because
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Earlier this week I told my wife what a great place 🇿🇦 is to live in. I have no intention of moving.
That very evening they broke into our home while we're sleeping and stole the usual stuff (laptops, tablets, etc.).
Mzansi will always shake things up as soon as you get bored.
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Went to bed last night: LOADSHEDDING
Got up this morning: LOADSHEDDING
Arrived at the office: LOADSHEDDING
Got back home now: LOADSHEDDING
This thing is following me.
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Please stay there 🙏
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Don't thank Cyril for lifting restrictions.
They shouldn't have been there in the 1st place.
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I would like to dedicate this game to all the South Africans who emigrated to Canada.
#RSAvCAN
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Loadshedding is costing the country 1 Tottenham sponsorship per day.
South Africa’s electricity crisis is costing the economy as much as R899 million per day, according to central bank estimates. |
@News24_Business
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Today marks our 5 year wedding anniversary.
5 years filled with wine tours, laughs, support and probably too much coffee.
It's been good 🙂
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Not sure if I should add Rupert, then at least we have 1 🤣
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Ubers aren't what they used to be. The cars are in terrible condition and the drivers insist on driving 80kmh on the highway.
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@Micylaaa
You kuier till 12am with a friend. At 12 the friend takes out 7 bottles of brandy and 1 liter of coke and says, "ons gaan nou braai".
That's basically what's happening to the other teams when we bring on our 7/1 split.
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Uninterrupted electricity.
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Nationally, spoilt ballots were the 8th largest political party, outperforming roughly 45 other parties.
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12 MPs spoiled their votes.
12 MPs earning around R1.2m a year funded by taxpayers.
12 MPs who can't make a cross in a box.
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Heroes of democracy.
21h15 and these voters in Brackenfell are not leaving. If you’re in the queue, stay! This is too important.
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The rand and our bonds didn't even flinch at the Stage 6 news.
Amazing the amount of bad news already priced in.
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RIP my microwave clock. No way I'm setting up your time again.
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You know when you go away for the weekend with friends. You leave after work and drive maybe 2 hours to your destination. You get there, and it's dark already and you light the fire. Those first night kuiers always hit differently.
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> South Africa official unemployment rose to 32.5% in Q4 2020
> Expanded unemployment currently 42.6%
> Number of employed persons increased by 333k to 15 mil
> Unemployed persons increased by 701k to 7.2 mil
> Youth unemployment rose to 63.2%
> This is a national crisis
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SARB hikes by 75 basis points.
New prime rate: 9.75%
New repo rate: 6.25%
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Buying Woolies biltong must be the ultimate form of paying weath tax.
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Loadshedding has been suspended for nearly 3 months now. Irrespective of the reasons or narratives, this is impressive and should have a broad positive effect on the economy.
Loadshedding is an inflationary force, without it, we can expect positive contributions to GDP and CPI.
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Despite being up 9%, the price of Woolies is still below that of a packet of Chuckles (R60).
The Price/Chuckles ratio is by far the best valuation metric to use for WHL.
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Number of unemployed persons in South Africa:
> Dec 2009: 4.4 million
> Dec 2019: 6.7 million
> Dec 2020: 7.2 million
> Dec 2021: 7.9 million
> Dec 2022: 7.8 million
> Jun 2023: 7.9 million (last)
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Over the last 3 years the discount of 1 Woolies Share to a pack of Chuckles has been around 10% - 20%.
The price of a pack of Chuckles is R85 while the Woolworths share price is around R68.
Buying a pack of Chuckles in 2020 would've been a better investment than the shares.
Despite being up 9%, the price of Woolies is still below that of a packet of Chuckles (R60).
The Price/Chuckles ratio is by far the best valuation metric to use for WHL.
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The SARB can cut rates to 0%, if economic policy doesn't change, it isn't going to help.
We need policies that are pro-growth and investor friendly. We need policy stability. This will lead to increased investor confidence which will spark growth in SA.
Gov is unwilling.
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USDZAR currency forecasts (from GS):
3 months: 18.25
6 months: 17.75
12 months: 17.50
End 2024: 16.00
End 2025: 15.00
End 2026: 14.00
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In 2015 Tina Joemat-Pettersson sold our oil reserves at $28.
Currently oil is at around $23.
Just shows, given enough time, almost any trade can become profitable.
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January 2022
Petrol: R18.89 per liter
Diesel: R16.68
October 2022
Petrol: R21.71 per liter
Diesel: R23.67
Year to date increases
Petrol: +15%
Diesel: +42%
Are you Diesel drivers ok out there?
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The public sector wants to strike about wages while none of them lost their jobs during Covid?
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If Gauteng is seriously expecting 1 million deaths (almost double the deaths we've seen worldwide to date), then they need to go to Level 10 Advanced.
Gauteng's health department is feeling the effects of the growing COVID-19 numbers. More than one million graves are being prepared.
@SiphamandlaGoge
reports.
#DStv403
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Please suspend
@Eskom_SA
, they are impersonating an electricity provider.
Going forward, any Twitter handles engaging in impersonation without clearly specifying “parody” will be permanently suspended
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SARB holds!
Repo rate: 8.25%
Prime rate: 11.75%
3 members voted hold, 2 members voted hike.
Good luck to all.
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USDZAR 17.50 as the Fed delivers a 50 basis point cut.
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