Category Archives: Minerals

Mining loses shine for the second year in a row

Mining loses shine for the second year in a row

Exactly a week after delegates closed the 26th Investing in African Mining Indaba, Stats SA released data on the performance of the mining industry in 2019. The level of production was 1,3% lower in 2019 than 2018, which in turn was 2,1% lower than 2017. Despite a positive showing from both copper and manganese, a   read more »


Economy dodges recession as GDP climbs 3,1%

Economy dodges recession as GDP climbs 3,1%

After shrinking sharply in the first quarter of 2019, the economy rebounded from a low base to record positive growth of 3,1%1 in the second quarter (April−June). Mining, finance, trade and government services were the main drivers of growth. Three industries (construction, agriculture and transport) registered a slump in production. Mining was the strongest performer   read more »


Mining production stumbles in 2018

Mining production stumbles in 2018

The Investing in African Mining Indaba, the world’s largest mining conference, ended a week ago in Cape Town. Investment promises made at the conference might have a positive impact on the future of the industry. Stats SA takes a look at how mining fared in 2018. Mining had a lacklustre year. Production fell by 1,6%   read more »


Economy disappoints in Q1 2018, contracting by 2,2%

Economy disappoints in Q1 2018, contracting by 2,2%

After growing by 3,1% in the fourth quarter of 2017, the South Africa economy wobbled in the first quarter of 2018, shrinking by 2,2% quarter-on-quarter (seasonally adjusted and annualised). Agriculture, mining and manufacturing were the main contributors to the slowdown, with the electricity, construction and trade industries also recording negative growth. The 2,2% fall is   read more »


Economic growth better than what many expected

Economic growth better than what many expected

In a time when good news seems hard to come by, the latest gross domestic product (GDP) results provide some cautious cheer. The South African economy grew by 1,3% in 2017, exceeding National Treasury’s expectation of 1,0% growth announced during the National Budget Speech in February. After a wobbly start to 2017, which saw economic   read more »


Mining: winners and losers of 2017

The 2017 Mining Charter published by government in June has seen its fair share of debate, opening intense discussions on the industry’s future. Outside of this policy debate, Stats SA recently published figures showing how the industry performed in 2016 and 2017. 2016 wasn’t a good year for South African mining. The industry as a   read more »


Bumper harvest helps keep economy afloat

Bumper harvest helps keep economy afloat

The South African economy grew by 2,0% in the third quarter of 2017 (seasonally adjusted and annualised), down from a revised 2,8% in the second quarter. Agriculture, mining and manufacturing were the main drivers of the expansion, while there was a contraction in general government services resulting from low employment numbers in the public sector.   read more »


African Statistics Day 2017: 4 facts about our economy

African Statistics Day 2017: 4 facts about our economy

“Better lives with better economic statistics.” This is the theme for African Statistics Day 2017, taking place on 18 November. In celebration of this prestigious day, Stats SA explores the archives to find four facts on the South African economy that you might have missed. African Statistics Day was initiated by the United Nations to   read more »


Agriculture and finance help lift SA out of recession

Agriculture and finance help lift SA out of recession

After two consecutive quarters of decline, the South African economy spluttered back to life in the second quarter of 2017. Positive contributions to higher economic activity across most industries – in particular agriculture, finance and mining – lifted the gross domestic product (GDP) by 2,5% quarter-on-quarter (seasonally adjusted and annualised). Agriculture continued to show strong   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 »