Category Archives: Government finances

AGDP Media statement

Press statement Embargo: Tuesday 06 September 2016, 11:30   GDP in the second quarter of 2016 grew by 3,3%   Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) growth rate was 3,3% in the second quarter of 2016.1 The main contributors to the GDP growth rate were the manufacturing industry and   read more »


Positive GDP growth in the second quarter of 2016

Positive GDP growth in the second quarter of 2016

South Africa’s economy grew by 3,3% quarter-on-quarter (seasonally adjusted and annualised), according to estimates of real gross domestic product (measured by production). This is the fastest quarter-on-quarter rise in economic activity since the fourth quarter of 2014. Year-on-year growth in the second quarter of 2016 was 0,6%. The mining and manufacturing industries contributed over half   read more »


A breakdown of the EBA financial pie

A breakdown of the EBA financial pie

You might be surprised to learn that the South African Revenue Service (SARS) is not a national government department. It is in fact an extra-budgetary account (EBA), together with other entities such as the Public Protector and the Gautrain Management Agency. Read further to find out how the financial pie is divided amongst this diverse   read more »


Decline in social benefit pay-outs by public entities

Decline in social benefit pay-outs by public entities

South Africa’s 232 extra-budgetary accounts (EBAs) paid out less money in the form of social benefits in the 2014/15 fiscal year. Social benefits are transfers in cash or in-kind to the public that diminishes exposure to social risks such as unemployment, sickness due to disabilities and injury.   Social benefits paid by EBAs amounted to   read more »


Municipalities raise infrastructure spending despite tough economic conditions

Municipalities continue to invest heavily in service delivery-related infrastructure, according to Stats SA’s latest Capital expenditure by the public sector report. Municipalities increased their total capital expenditure (or capex) from R51,7 billion in 2014 to R59,0 billion in 2015, a rise of 14,3%. The largest component of municipal spending on infrastructure in 2015 was on   read more »


Media Invite: Capital expenditure statistics of Public sector institutions

Media Invite 22 July 2016   Statistician-General releases capital expenditure statistics of public sector institutions   The Statistician-General of South Africa, Dr Pali Lehohla, will release the Capital expenditure by the public sector institutions for 2014/15 financial year. This report will provide financial statistics on the amounts spent by public sector institutions (including government departments,   read more »


Media Release: Quarterly Employment Statistics (QES), first quarter 2016

Quarterly Employment Statistics (QES), first quarter 2016   According to the Quarterly Employment Statistics (QES) for the first quarter of 2016 released by Statistics South Africa today, employment in the formal non-agricultural sector of the South African economy decreased by 0,2% (15 000 employees) to 9 273 000 in the first quarter of 2016, compared   read more »


Media Statement: Financial Census of Municipalities

29 June 2016 Financial census of municipalities for the year ended June 2015   According to the Financial Census of Municipalities results released by Statistics South Africa today, for the financial year ended 30 June 2015, municipalities across South Africa had received an income of R309 billion from all sources of income, this represented an   read more »


How much do municipalities spend on salaries?

How much do municipalities spend on salaries?

Municipalities spend more money on their employees than on any one of the services provided to their clients/customers. Data from Stats SA’s latest Financial census of municipalities provides interesting insight into the patterns of salary costs across municipalities, as well as over time. Salary patterns across space Employee-related costs took up the largest chunk of   read more »


Media advisory: Financial Census of Municipalities, 2015

Statistician-General to release the Financial Census of Municipalities, 2015 results The Statistician-General of South Africa, Dr Pali Lehohla, will release the results of the 2015 Financial Census of Municipalities at a media briefing to be held on Wednesday, 29 June 2016 in Pretoria. The survey collected a variety of financial information from local, district and   read more »