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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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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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Naledi

Naledi Local Municipality (NW392) covers a total area of approximately 7,258 km². This land mass is 15% of the total area of the Dr. Ruth S Mompati District Municipality area. The administrative centre of the municipality is in the town of Vryburg. The town of Vryburg is considered the agricultural and industrial centre of Dr Ruth S Mompati District Municipality. The town is the host to the 3rd largest agricultural show in South Africa, namely Vryburg Show, which attracts farmers from almost all provinces in the country as well as farmers from the neighbouring countries such as the Republic of Namibia and Botswana. This makes the municipality the main employer within the district and most significant contributor to GDP. Naledi Local Municipality is separated into five main places, namely, Vryburg town, Huhudi township, Colridge township, Stella, Devondale and Dithakwaneng village. The municipal area is surrounded by the other three local municipalities within the district, namely, Greater Taung Municipality (70km), Kagisano Molopo Municipality (70km) and Mamusa Municipality(70km). The town of Vryburg is about 140km away from Kuruman town in the Northern Cape Province and 160km from Mahikeng municipality, the administrative centre of the North West Province. The municipality is divided into 9 administrative wards and has a total of 18 ward councillors (ward councillors and their assistants/PR councillors).  read more »


Siyathemba

Siyathemba Local Municipality is a local municipality in the PixleykaSeme District Municipality in the Northern Cape Province of South Africa.Siyathemba Municipality is a Category B Municipality (NC077), established in 2001, in accordance with the demarcation process. The municipality is located within the central eastern parts of the Northern Cape Province on the banks of the Orange River, and falls within the boundaries of the PixleykaSeme District. The nearest business centre is Kimberley, which is about 220km away. Siyathemba Municipality was initially made up of three entities, namely, Prieska, Marydale and Niekerkshoop. After demarcation the area was extended to include not only the towns and surrounding suburbs of Marydale, Niekerkshoop and Prieska but also Copperton.The municipal area encompasses a geographic area of approximately 8,200km², which implies that Siyathemba Municipality accounts for 8% of the total district surface area and approximately 3% of the provincial area. The municipality is divided into 4 Wards.read more »


//Khara Hais

//Khara Hais Local Municipality is a Category B municipality and is located in the Siyanda District Municipality, which is the second-largest district in the Northern Cape. It is the acknowledged commercial, educational, military, agricultural, medical, transport and tourist center of the area. The unusual spelling of the name of the local municipality, with the // glyph, is a result of the transcription of the click consonant used in the Kxoe language from which the name originates.

The municipality straddles the Orange River. The main towns in this area are Upington, Raaswater, Louisvale, Kalksloot, Leerkrans, Karos and Lambrechtsdrift. Upington is the central town situated 400km west of Kimberley. Upington has an airport and a landing strip. This town plays a very prominent role in the lives of the residents of this local municipality. Upington was established in the 1870s when the Reverend Christiaan Schroder was sent from Cape Town to establish a mission at the request of the Hottentots chieftain Klaas Lucas, who realized the importance of being able to read and write. Shortly after the establishment of the Mission, various pioneer settlers including Japie Lutz and the Reverend Schroder realized that the area was ideal for irrigation development and the first irrigation canals were hand-dug in 1880 - some of which are still in use today. Since then, Upington grew rapidly today, Upington is the Provincial Capital for the Northern Cape Province and as such has taken on a new and important role in the development of the whole region.

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Tsantsabane

Tsantsabane Local Municipality is located within the north-eastern parts of the Northern Cape Province, and falls within the boundaries of the Siyanda District Municipality. Tsantsabane was the original name given to the town by the Batswana because of the presence of many shiny stones (e.g. the hematite). The nearest business centre is Kimberley, which is about 200km away. The municipality's main town is Postmasburg. Three main traffic routes provide access to other cities, namely Johannesburg via Kuruman and the Kalahari and Cape Town via Kimberley. The rest of the Tsantsabane Municipality area comprises of Boichoko, Postdene, New Town, Stasie, Groen Water, Skyfontein, Jean Heaven, the new established settlement brought about by the land redistribution called Marenane, and the well-known Lohatlha Army Battle SchoolCities/Towns: Beeshoek and Postmasburg. Area: 18,333km².read more »


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