The South African economy grew by 1,4%1 in the fourth quarter of 2018, contributing to an overall growth rate of 0,8% for the entire year. The latest set of gross domestic product (GDP) figures released by Stats SA provides an overview of economic performance in 2018. South Africa found itself in economic recession in 2018,   read more »

South Africa’s unemployment rate decreased by 0,4 of a percentage point to 27,1% in the 4th quarter of 2018 compared to the 3rd quarter of 2018 according to the latest Quarterly Labour Force Survey released by Statistics South Africa. The working-age population increased by 149 000 or 0,4% in the 4th quarter of 2018 compared   read more »

MEDIA RELEASE                                                                                                                                                              12 February 2019   Quarterly Labour Force Survey – QLFS Q4:2018   The results of the Quarterly   read more »

Some good news in trying times. After two consecutive years of decline, South African businesses recorded a 49% increase in net profit before tax in financial 2017, according to Stats SA’s latest Annual financial statistics (AFS) survey. The mining industry was the largest contributor to this rise. The success of a business generally depends on   read more »

The South African economy grew by 2,2% quarter-on-quarter (seasonally adjusted and annualised) in the third quarter of 2018, bringing to an end the country’s second recession since 1994. Higher contributions to growth in a number of industries – most notably in manufacturing, transport as well as finance and business services – were enough to lift   read more »

With concerns over job losses in major industries, the tourism sector has shown some resilience in the face of a tough economic climate. In 2017, the sector had its most successful year of job creation in recent times. The tourism sector created 31 752 net new jobs in 2017.1 This is the most number of net   read more »

Media release                                                                                                  20 November 2018  Private sector companies record turnover increases The total turnover for private sector enterprises1 operating in the South African economy increased by 6,0% to R9 369 199 million (R9,4 trillion) for 2017 from R8 836 493 million (R8,8 trillion) in 2016. For the reference period, turnover increased in all industries covered in the Annual   read more »

About 14% of total spending, according to recent figures. A quick review of the data shows that this proportion has remained relatively stable over the last decade. In the second quarter of 2009, employment costs contributed 15% of total expenditure in the formal business sector. Although there hasn’t been a major change over time for   read more »

It’s all systems go as Statistician–General and head of Statistics South Africa (Stats SA), Mr Risenga Maluleke, this morning led a delegation of Stats SA fieldworkers to collect data at a farm in Bapsfontein in the East Rand for the Census of Commercial Agriculture (CoCA). About 600 fieldworkers wearing Stats SA branded gear, across the country are currently collecting data from farmers in order to count the number of commercial farmers,   read more »

Media Invite                                                                                                                                              12 October 2018   Statistician- General leads fieldworkers to collect data on commercial farming in Bapsfontein, East Rand Statistician-General Mr Risenga Maluleke will on Monday 15th October lead fieldworkers   read more »