The South African economy slumped sharply in the first three months of 2019, contracting by 3,2%. This is according to Stats SA’s latest gross domestic product (GDP) release. Seven of the ten industries took a knock, with manufacturing, mining and trade the biggest contributors to the fall. The 3,2% decline is the biggest quarterly fall   read more »

The South African economy slumped sharply in the first three months of 2019, contracting by 3,2%.1 Seven of the ten industries took a knock, with manufacturing, mining and trade the biggest contributors to the fall. Construction, mining and trade are in recession. The 3,2% decline is the biggest quarterly fall in economic activity since the   read more »

 MEDIA RELEASE                                                                                                                                                               14 May 2019                    Quarterly Labour Force Survey – QLFS Q1:2019  The results of the Quarterly Labour Force Survey (QLFS) for the first quarter of 2019 released by Statistics South Africa, indicate that the official unemployment rate increased by 0,5 of a percentage point to 27,6% compared to the fourth quarter   read more »

Each province is unique. Data published recently by Stats SA provide a portrait of South Africa’s provincial economies. Here are four facts you might not have known about our economic landscape.   Fact #1 Gauteng is South Africa’s economic powerhouse Don’t let Gauteng’s size on a map fool you. It might be the province with   read more »

The South African formal business sector1 generated R2,57 trillion in turnover in the fourth quarter of 2018. This translates to about R323 600 generated every second from October 2018 to December 2018. The R2,57 trillion was 5,5% more than the R2,44 trillion generated in the third quarter (July 2018 to September 2018). This follows a rise of 3,6% in the third quarter and   read more »

The December 2018 QES survey showed that an estimated 10 151 000 people were employed in the formal non-agricultural sector of the South African economy, which is up by 87 000 from 10 064 000 in the previous quarter. The number of people working part-time increased by 37 000 to 1 065 000 in the   read more »

In the past few months, many companies such as hotels, restaurants and coffee shops started switching from plastic straws to paper straws as a response to the public outcry demanding action against the continued use of plastic straws. Even though this small straw may not seem like a lot at first, when its usage is   read more »

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

Media Release                                                                                                                                               11 December 2018 QUARTERLY EMPLOYMENT STATISTICS The results of the Quarterly employment survey (QES) for the third quarter of 2018 show a decrease of 16   read more »

The Quarterly Employment Survey (QES) for the third quarter of 2018, shows a decrease of 16 000 jobs. Job losses occurred in the manufacturing (-7 000), construction (-5 000), mining  (-2 000), trade (-2 000), transport (-1 000), and community services (-1 000) industries. The manufacturing and construction industries accounted for about three-quarters of the decline in employment over the quarter. Whilst   read more »