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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Bitou

Bitou Local Municipality, formerly known as Plettenberg Bay Municipality, forms part of the Eden District Municipality, which is located in the Western Cape province. (www.localgoverment.co.za)

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Camdeboo

Camdeboo Local Municipality which incorporates the towns of Graaff-Reinet, Aberdeen, and Nieu-Bethesda is strategically situated as a portal to the mystical Karoo in an area renowned for its pristine natural environment, rich heritage, diverse peoples and cultures. The area (12,422km²) boasts a number of popular tourist attractions, beautiful landscapes and a healthy climate. Being situated in an arid area within the Cacadu district, Camdeboo faces many challenges, the biggest of which is water.The lack of sustainable and permanent water is probably the most inhibiting factor in the area’s development, as it restricts both agricultural and industrial activities. (http://mfma.treasury.gov.za)

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Maluti a Phofung

Maluti-A-Phofung local municipality is situated in the Free State. Maluti-A-Phofung is a local municipality and was established on 5 December 2001, and comprises of four former TLC local authorities, which are Qwaqwa Rural, Phuthaditjhaba, Harrismith and Kestell. The municipality is comprised of 35 wards and covers approximately 4 421 km2 in extent. Phuthaditjhaba is the urban centre of Qwaqwa and serves as the administrative head office of Maluti-A-Phofung municipality. Surrounding Phuthaditjhaba are the rural villages of Qwaqwa, established on tribal land administered by the Department of Land Affairs. Harrismith is a service center for the surrounding rural areas and a trading belt serving the national road, N3, which links the Gauteng and KwaZulu-Natal provinces. Harrismith is surrounded by Tshiame located 12 km to the west and Intabazwe, which is located 1,5 km to the north. The town is an economic hub for people living in Tshiame, Intabazwe and Qwaqwa. Kestell is a service center for the surrounding agricultural oriented rural area, with Tlholong as the township. Kestell is situated along the N5 road that links Harrismith with Bethlehem. The rural areas of Maluti-A-Phofung comprise commercial farms and major nature conservation centres such as Qwaqwa National Park, Platberg, Sterkfontein Dam and the Maluti Mountain Range. The area is not only a tourist attraction destination, but also makes a big contribution in generating gross agricultural income for the whole of the province and is also highly regarded for its beef production.read more »


uMngeni

uMngeni Municipality pursues the creation of an enabling environment for investment opportunities, and the marketing of the municipality to domestic and international investors. A significant percentage of the high-potential agricultural land in the Midlands Meander falls within uMngeni Municipality. This provides an opportunity for agricultural sector growth. The forestry industry will be transformed through the establishment of community private partnerships. Small scale forestry opportunities will be created. The municipality seeks to build on the already successful tourism industry by promoting job creation in tourism, a safe and secure environment, and marketing the area as tourism destination (uMgungundlovu District Municipality IDP 2012/13).read more »


Blue Crane Route

Blue Crane Route Local Municipal area has a number of strategic environment advantages. It contains 97% of natural land covers, is centrally located between three national parks, contains biodiversity of regional and national significance, can boast incredible scenic beauty, and local conditions present a number of opportunities for renewable energy generation on a large scale. However the area faces a number of issues such as higher densities of population primarily concentrated in the three urban centres.

The low agricultural productivity and carrying capacity of much of the land in the municipality, combined with limited access to water for irrigation, has restricted development of the agricultural economy. The remoteness of the urban centres limits growth of business, services and sectors.

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