Note: The original version of this article, published on 1 December 2021, was based on fuel price adjustments announced by the Department of Mineral Resources and Energy (DMRE) on 29 November. On 1 December, the DMRE made changes to these adjustments. This article was revised on 2 December 2021 to reflect these changes. Fuel prices read more »
According to the Quarterly Labour Force Survey (QLFS) for the 3rd quarter of 2021, the number of employed persons declined by 660 000 to 14,3 million compared to the 2nd quarter of 2021. The decline in employment is coupled with a decline in the number of unemployed persons to 7,6 million from 7,8 million, resulting in read more »
The annual change in the consumer price index (CPI) in October 2021 was 5,0%, unchanged from the 5,0% recorded in September. The monthly rate also held steady, remaining at 0,2%. Food and non-alcoholic beverages (NAB) and transport were the most significant contributors to both the annual and monthly rates. Annual food inflation slows for a read more »
A simple picture can tell a striking story. The bell-shaped chart below shows the rise and subsequent decline of South African public-sector infrastructure investment. Capital expenditure represents the money that is spent on construction, machinery, equipment, land, buildings and other fixed assets. This form of investment has an impact on communication, travel, logistics and the read more »
The COVID-19 pandemic and subsequent lockdown restrictions in 2020 impacted the finances of higher education institutions. There was a subdued increase in revenue, stifled by a decline in the collection of tuition fees. Higher education institutions spent less money, largely on the back of lower operational costs. Total revenue increased, but only marginally The amount read more »
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 »
Provincial government plays a vital role in the administration of the country’s health and education systems, responsible for providing basic education to learners and healthcare to those in need. These two mammoth tasks take up the bulk of provincial government spending. In the 2019/20 fiscal year, total provincial government expenditure was R628,8 billion. Education was the read more »
Jobs in the formal non-agricultural sector decreased by 86 000 in the second quarter of 2021, bringing the total number of persons employed in the formal non-agricultural sector in South Africa to approximately 9,57 million. According to the Quarterly Employment Statistics (QES, Q2:2021) survey released by Statistics South Africa (Stats SA), formal sector jobs increased by read more »
In the third of four detailed industry reports released this month, Stats SA takes a deep dive into the mining industry. The report, which covers the results of a census conducted in 2019, provides detailed statistics on mineral production, finances, employment, and exports and imports. The mining census was conducted previously in 2012 and 2015. read more »
Four facts about the post and telecommunications industry (2019) In the second of four detailed industry reports released this month, Stats SA takes a look at the post and telecommunications industry. The report, which covers the results of a large sample survey that was conducted in 2019, provides details on the financial and employment makeup read more »