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Three facts about small business turnover in South Africa

Three facts about small business turnover in South Africa

As government introduces new legislation to further support small, medium and micro-sized enterprises (SMMEs), recently released data from the 2019 Annual Financial Statistics (AFS) survey shows the growing role that small businesses play in the formal business sector. The National Small Enterprise Amendment Bill 2020, gazetted recently, outlines the establishment of an ombud service that   read more »


How large is the small business footprint?

How large is the small business footprint?

In 2015, Stats SA published an article highlighting the contribution that small businesses make to industry turnover in South Africa.1 The March 2019 Quarterly financial statistics (QFS) report provides an update. The entire formal business sector2 generated R2,39 trillion in turnover in Q1: 2019. Out of this amount, large businesses contributed 62%, followed by small (29%) and   read more »


New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

In September 2023, Statistics South Africa (Stats SA) published the results of a number of monthly surveys, which are based on new samples. These are: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages;   read more »


New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

In September 2022, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport.   New samples for   read more »


New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

Introduction In September 2021, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport. New samples for   read more »


8,1% of respondents lost jobs or had to close businesses

Media Release                                                                                                                                             20 May 2020                                                      8,1% of respondents lost jobs or had to close businesses 8,1% of respondents reported that they lost their jobs or had to close their businesses   read more »


Electricity: big business for municipalities

Electricity: big business for municipalities

The recent power blackout in Msunduzi municipality again highlights the importance of electricity supply. Large parts of Pietermaritzburg were plunged into darkness for about a week when saboteurs, suspected to be striking workers, disrupted the city’s power grid2. It might be common knowledge that municipalities are involved in power distribution in South Africa, but many   read more »


Non-agricultural formal employment decreases by a small margin in the second quarter

The number of employees in the formal non-agricultural sector of the South African economy decreased from an estimated 8 945 000 in March 2015 to an estimated 8 944 000 in June 2015.This reflected a quarterly decrease of 1 000 employees. The quarterly decrease was mainly due to decreases in employment reported by manufacturing industry which   read more »


Informal business a means of survival

Informal business a means of survival

Almost 70% of people who start an informal business do so because they are unemployed and have no alternative source of income. This was just one of the findings of the Survey of Employers and Self-Employed (SESE) released by Statistics South Africa (Stats SA) on Thursday. The SESE, which is conducted every 4 years, collects   read more »


Unemployment in South Africa: A Youth Perspective

Unemployment in South Africa: A Youth Perspective

South Africa, like many countries globally, grapples with the challenge of youth unemployment. This is supported by statistics indicating a 45,5% unemployment rate among young individuals (aged 15-34 years), in contrast to the national average of 32,9% in the first quarter of 2024. However, when looking at the Labour Market Dynamics in South Africa report   read more »


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Mantsopa

Mantsopa Local Municipality is situated in the Eastern Free State and covers an area of 345 square kilometres. The five towns situated in Mantsopa are Ladybrand, Hob House, Tweespruit, Thaba-Phatswa and Excelsior.  Mantsopa Local Municipality was established on 5 December 2000 and is comprised of the previous areas of jurisdiction of Tweespruit Transitional Local Council (TLC), Ladybrand TLC, Hobhouse TLC, Excelsior TLC, ThabaPatchoa TLC and Maluti Transitional Rural Council. It forms part of the Eastern Free State and falls within the Thabo Mofutsanyana District Municipal area. It borders the Kingdom of Lesotho in the East, Mangaung Local Municipality to the west, Naledi Local Municipality to the south and Masilonyana and Setsoto to the north. The area is accessible via the N8 and R26 roads which traverse the area. A railway line that runs along these routes services the area.

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City of Tshwane

The City of Tshwane is the capital of South Africa and is the largest municipality, as measured by land mass. Tshwane is amongst the six largestmetropolitan municipalities in South Africa and the second largest in Gauteng, as measured by Gross Domestic Product (GDP). The Tshwane regioncovers 6 368km² of Gauteng’s 19 055km² and houses approximately 2,9million residents.Tshwane consists of seven regions with 105 wards and 210 councillors.

The City has a vibrant and diverse economy, which enables it to contribute at least 26,8% of the Gauteng Province’s GDP and 9,4% of the GDP of the national economy.  Tshwane is the administrative capital of South Africa and is home to the Union Buildings with government-related business playing an important role in the local economy.  As a result, the city is taking active measures to firmly position itself as Africa's leading capital city of excellence.  The municipality's main economic sectors are community services and government, followed by finance and manufacturing.  Metal products, machinery and household products are the largest sub-sectors within manufacturing.  The City has a well-established manufacturing sector, with the automotive industry representing the most significant component.

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Ndwedwe

Ndwedwe Local Municipality is one of the four local municipalities within the Ilembe District Municipality. It has unique tourism attractions (Zulu Rural Cultural Trail) such as the Nhlangakazi Holy Mountain, which represents a significant cultural and religious attraction. It also has beautiful mountains such as the Ozwathini Mountain; KwaMatabata Mountain; Carmen Mountain; KwaMkhalanga Mountain and Goqweni Mountain. These mountains accommodate activities such as 4x4 routes; hiking trails, horse trails; camping sites; caravan parks; and birding. Other attractions include the Malangeni Game Reserve; and KwaLoshe Forests (Ecotourism). It has high agricultural potential (e.g. sugar cane and traditional foods).read more »


Makhado

Named after a 19th century vhaVenda king, Makhado, who ruled the area for many years, this is a fertile region where litchis, bananas, mangoes and nuts are produced. The national road (N1) runs through the town.

Makhado is situated in a highly fertile, rapidly growing agricultural area; the town has become one of Limpopo's premier business and tourist destinations and is the perfect springboard from which to visit the Songozwi sacred burial site of the vhaVenda, as well as Makhado's 'office', a secluded cave from where the chief conducted his campaign against the Voortrekkers.

The well-known town of Louis Trichardt is situated at the foot of the Soutpansberg mountain range in Limpopo and was developed from the Voortrekker settlement in the area. It was named after the leader Louis Trichardt, who moved away from British rule in the Cape and arrived here in 1836.

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Modimolle

Modimolle Local Municipality is named after the Modimolle mountain. The word Modimolle literally means "the forefather's spirit has eaten" (Modimo o lle). According to tradition, it often happened that someone would climb the mountain, only to disappear without a trace.

 The original name was Nylstroom, named so after the Voortrekkers had come across the north-flowing river and mistook it for the Nile River in Egypt. The fact that there is a pyramid-shaped hill close by only served to strengthen this misconception.

Modimolle, Limpopo, South Africa is a charming town with an expanding business sector which serves as the commercial centre of the Waterberg. Nylstroom (Modimolle) is famous for its export of grapes and other soft fruits like peaches and watermelons.

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