Economy slips into recession

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Results for: Statistics South Africa gross domestic product, fourth quarter 2017

Economy slips into recession

Economy slips into recession

The South African economy contracted by 1,4% in the fourth quarter of 2019, following a contraction of 0,8% (revised) in the third quarter.1 Transport and trade were the main drags on overall activity, according to the latest gross domestic product (GDP) figures. Seven of the ten industries contracted in the fourth quarter. Finance, mining and   read more »


Statistician-General to release Gross domestic product (GDP), Q4 2017

MEDIA INVITE                                                                                                              read more »


Mining: a brief history

Mining: a brief history

The 1970s are best remembered for disco, bell-bottoms, and the mesmerising lava lamp. It was also the decade that saw South African mining forge ahead in its influence on the economy and employment. How has the economy in general, and mining in particular, shifted since then? Mining’s contribution to total economic production climbed in the   read more »


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Molemole

Molemole Local Municipality is located about 60 km north of Polokwane within the Capricorn District. It is in the town of Mogwadi, formerly known as Dendron. The municipality is bordered to the south by Polokwane Municipality, to the north-west by Blouberg Municipality, to the south-east by Greater Letaba Municipality in Mopani District, and to the north by Makhado Municipality in Vhembe District. One national road, the N1, crosses through the municipal area linking Molemole with Zimbabwe to the north, whereas the provincial road P94/1 (R521) passes through the municipality and links Molemole to Botswana to the west. It is the smallest municipality in the Capricorn District with 14 wards. The municipality is named after one of the mountains surrounding the area.

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Thabazimbi

Thabazimbi Municipality is located in the south-western part of the Limpopo Province and has Botswana as its international neighbour. It is two hours drive from the City of Tshwane. The municipality has Marakele National Park, which is a subsidiary of the National Parks Board, and in the same standard as the Kruger National Park and Mapungube. The game lodges scattered around the area helps to promote environmental sustainability.read more »


Lephalale

Lephalale Local Municipality is named after the local river, a tributary of the Limpopo River, which has been the source of life to the people of this area for centuries. The town of Lephalale is located a mere 280 km from Tshwane and is a recognised gateway to Botswana and other Southern African countries. Lephalale is the home of the Medupi Power Station that is currently under construction. The Matimba Power Station delivers 3 990 megawatts to the South African grid.

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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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Bela-Bela

Belabela is home to one of the world’smost famous hot mineral water springs, bubbling 22 000 litres per hour, with a temperature of 53°C.The natural hot water is rich in sodium chloride, calcium carbonate and other salts that have healing properties.Belabelaremains one of the most popular health and holiday resort towns in South Africa and a preferred destination for local and foreign tourists.The area has pleasantly mild climate during the winter months and an average of 286 sunny days per year,which adds to the popularity of the destination.

Geographically, BelabelaLocal Municipality is strategically positioned in the Waterberg District Municipality of the Limpopo province. Belabela shares borders with Gauteng, Mpumalanga and North West provinces. South Africa’s famous national route, N1, runs through the municipality and the town’s main Central Business District (CBD) area is only 10km away from this major route. Belabelais 174 km from the provincial capital Polokwane.

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