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Property shows resilience – on a slow path to recovery


Property shows resilience – on a slow path to recovery
2 June 2021 12:20 PM
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The recovery of the real estate market is expected to be in line with that of the economy, says Absa’s Klaus-Dieter Kaempfer.
During 2020 we all experienced high levels of uncertainty affecting every aspect of our lives – the biggest driver of sentiment change came as a result of the unprecedented rapid development of vaccines, making global economic recovery a more realistic prospect for H2/2021 and onwards.
The IMF’s April 2021 World Economic Outlook estimates 6% economic growth in 2021 and 4.4% in 2022 following a contraction of -3.3% in 2020, compared to an earlier estimate of -4.4% as at October 2020, indicative of better than expected economic performance as Lockdowns eased during the second half of 2020. 2021’s stronger growth expectations are driven by vaccine-led recovery in H2:2021. Economic recovery remains divergent as countries and se ....

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Never Forget: Nobody But Trump Could Make a Vaccine This Fast


Never Forget: Nobody But Trump Could Make a Vaccine This Fast
Mar 17, 2021
BRETT: Isn’t it incredible to look at the narrative that’s been put together by the Biden team over these last couple of months, arguing that the cupboard was bare. (impression) “The cupboard was bare! We didn’t have any vaccines. We didn’t have any of the stuff that was out there. We we we we came in and there was no plan for vaccination,” (laughing) and it is foolishness.
It is absolute foolishness to look at the contentions coming out from this Biden administration that they were left with nothing. Excuse me? Rush underscored how President Trump led the Operation Warp Speed process to making vaccinations widely available. Biden is not one responsible for making all this accessible to Americans and has openly criticized Trump. Last night in a Fox interview, he did the exact same thing. ....

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Ontario to expand big-box-retail blitz amid widespread rule violations, Labour Minister says


Fred Lum/The Globe and Mail
An enforcement blitz that uncovered numerous violations of COVID-19 prevention protocols across big-box retailers in the Greater Toronto and Hamilton areas will broaden its scope to include the rest of the province in the weeks ahead, the province’s labour minister said Sunday.
Monte McNaughton said the initial wave of inspectors combing retailers for those eschewing masks and ignoring physical distancing guidelines found only 70 per cent of sites they visited were adhering to the public health measures intended to curb the spread of the virus. He called the results disappointing, pledging to expand the enforcement efforts to other parts of the province as well as additional industries at risk from COVID-19 outbreaks. ....

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