The latest set of consolidated government financial data show a rise in spending between the 2021/22 and 2022/23 fiscal years. Several government functions benefited from the increase, while others recorded declines. The Financial statistics of consolidated general government statistical release provides a complete overview of revenue and spending across all 702 government institutions, including national,   read more »

The consumer price index (CPI) increased by 2,8% in the 12 months to October 2024. This represents a sharp decline from 3,8% recorded in September. October’s print is the lowest since June 2020 (during the COVID-19 pandemic) when the rate was 2,2%. Falling fuel prices remain the primary factor behind the slowdown. Petrol and diesel prices declined   read more »

Between 2011 and 2022, access to essential services has improved, with Census data revealing that access to clean water has increased from 85,1% to 88,5%, and improved sanitation from 68,9% to 80,7% — underscoring a decade of progress in service delivery. According to the report The State of Basic Service Delivery in South Africa: Analysis   read more »

Stats SA published 23 statistical releases in October, many of which provide fresh data on the state of the economy. The latest monthly indicators Nationally, mining activity increased by a marginal 0,3% year-on-year in August. Manganese ore, platinum group metals and chromium ore were the largest drivers of growth. Nickel and copper also recorded a   read more »

South African universities faced a turbulent journey during the #FeesMustFall movement in 2015 and the COVID-19 pandemic in 2020. Both events had a significant impact on higher education funding. Stats SA explores how revenue streams for universities have shifted in the last decade, and how they were shaped by these two events. The #FeesMustFall movement   read more »

Infrastructure investment has a long-term impact on the economy, supporting travel, communication, logistics and service provision. The South African public-sector recorded a second consecutive year of capital expenditure growth, boosted mainly by increased spending by public corporations. Capital expenditure includes money that is spent on machinery, construction, equipment, buildings, land and other fixed assets. In   read more »

Each province has its own unique economic profile. The latest set of regional gross domestic product (GDP) figures paint a picture of what drives economic activity in each province. The data also shows what each province brings to the economic table of the country. Which industries drive your provincial economy? Gauteng is the nation’s economic   read more »

Annual consumer inflation cooled for a fourth consecutive month, easing to 3,8% in September from 4,4% in August. This is the lowest inflation print since March 2021, when the rate was 3,2%. On average, prices increased by 0,1% between August 2024 and September 2024. Transport inflation continues to ease Softer transport inflation – specifically lower fuel prices –   read more »

Stats SA published several quarterly and annual reports in September, along with the usual set of monthly indicators. South African economy expands in the second quarter The month began with the release of the latest gross domestic product (GDP) figures, covering the second quarter of the year. The economy saw some growth, mainly lifted by   read more »

According to the Quarterly Employment Statistics (QES, Q2:2024) survey released by Statistics South Africa (Stats SA), total employment in the formal non-agricultural sector increased by 42 000 in the second quarter of 2024, bringing the level of employment to 10,7 million. According to the survey 144 000 jobs were lost between June 2023 and June 2024.   read more »