Electricity: Coal use inches lower as solar, wind and diesel rise
If you’re curious, take a deeper look at Stats SA’s latest large sample survey of the electricity, gas and water supply industry. The report provides some insight into the current state of electricity generation in South Africa. In particular, highlighting the subtle changes that have occurred in the country’s energy supply. South Africa is still read more »
GDP in the first quarter of 2018 contracted by 2,2%
Press statement Embargo: Tuesday 5 June 2018, 11:30 GDP in the first quarter of 2018 contracted by 2,2% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) fell by 2,2% in the first quarter of 2018.1 The manufacturing industry and the mining and quarrying industry were the largest negative contributors to read more »
How important is tourism to the South African economy?
At the 2018 International Travel Trade Show in Germany held in March 2018, South African Tourism CEO Sisa Ntshona was quoted as stating that tourism is vitally important to the South African economy, and that the sector should be nurtured for sustained and inclusive growth. Recent data from Stats SA show how important tourism actually read more »
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 »
Formal business sector debt in 2016
South African businesses are borrowing more money. The amount of debt held by the formal business sector1 was up 5,9% in 2016 compared with 2015. Total debt amounted to R5,7 trillion in 2016. The rise in debt was observed in eight of the nine industries, according to Stats SA’s latest Annual financial statistics (AFS) release2. read more »
The SA business sector: turnover and profit
The formal business sector, excluding agriculture and financial intermediation, generated R2,3 trillion in turnover during the second quarter of 2017, i.e. the months of April, May and June. Who was responsible for generating this amount? Stats SA’s Quarterly Financial Statistics (QFS) report, which provides regular updates on the financial state and makeup of South Africa’s read more »
Quarterly Labour Force Survey – QLFS Q3:2017
The results of the Quarterly Labour Force Survey (QLFS) for the third quarter of 2017 released by Statistics South Africa today, indicate that employment grew by 92 000 in Q3:2017, however this was offset by an additional 33 000 job-seekers during the same period, resulting in a stable unemployment rate of 27,7%. The growth in employment was read more »
Electricity infrastructure dominates capital spending
Recent data released by Stats SA show that public-sector capital expenditure has risen over the last five years, from a total of R203 billion in 2012 to R284 billion in 2016; an average rise of 8,7% per year. Over R1,2 trillion was spent during this five-year period. Well-maintained infrastructure facilitates trade, improves connectivity, attracts investment, read more »
Your job, your economy, your province
Kathu has a story to tell. Located in the rural expanse of the Northern Cape, this small town owes its existence almost entirely to iron ore. The streets, the businesses that line them, and the eleven thousand people that call Kathu home, all draw their economic lifeblood from Sishen, one of the largest open-pit mines read more »
Employment in the formal non-agricultural business sector increased in the Fourth quarter
Employment increased by 18 000 or 0,2% quarter-on-quarter, from 9 672 000 in September 2016 to 9 690 000 in December 2016. This was largely due to increases in the following industries: trade (68 000 or 3,3%), business services (33 000 or 1,6%) and manufacturing (13 000 or 1,1%). The electricity industry remained unchanged. However there were decreases in read more »