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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 »


Quarterly Labour Force Survey – QLFS Q4:2017

MEDIA RELEASE                                                                                             13 February 2018   Quarterly Labour Force Survey – QLFS Q4:2017   The results of the Quarterly Labour Force Survey (QLFS) for the fourth quarter of 2017 released by Statistics South Africa today, indicate a decrease of 351 000 in the labour force in Q4:2017 with employment and unemployment decreasing by 21 000   read more »


GDP in the third quarter of 2017 grew by 2,0%

  Press statement                 Embargo: Tuesday 5 December 2017, 11:30   GDP in the third quarter of 2017 grew by 2,0% Gross domestic product (measured by production) South Africa’s real gross domestic product (GDP) growth rate was 2,0% in the third quarter of 2017. Second quarter GDP growth was revised from 2,5%   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 »


Formal business sector debt in 2016

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 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 »


Tighter profits in the formal business sector

Tighter profits in the formal business sector

The formal business sector, excluding agriculture and banking, generated R2,34 trillion in income during the first quarter of 2017, for the months of January, February and March. On average, that’s R300 560 of income generated every second over that 90-day period. You might be thinking that’s quite a hefty amount. You might catch yourself imagining the   read more »


GDP in the first quarter of 2017 contracted by 0,7%

  Press statement                         Embargo: Tuesday 6 June 2017, 11:30   GDP in the first quarter of 2017 contracted by 0,7%   Gross domestic product (measured by production)   South Africa’s gross domestic product (GDP) growth rate was -0,7% in the first quarter of 2017.1 The largest negative contributor to growth in GDP in the first   read more »


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Makhado

Named after a 19th century vhaVenda king, Makhado, who ruled the area for many years, this is a fertile region where litchis, bananas, mangoes and nuts are produced. The national road (N1) runs through the town.

Makhado is situated in a highly fertile, rapidly growing agricultural area; the town has become one of Limpopo's premier business and tourist destinations and is the perfect springboard from which to visit the Songozwi sacred burial site of the vhaVenda, as well as Makhado's 'office', a secluded cave from where the chief conducted his campaign against the Voortrekkers.

The well-known town of Louis Trichardt is situated at the foot of the Soutpansberg mountain range in Limpopo and was developed from the Voortrekker settlement in the area. It was named after the leader Louis Trichardt, who moved away from British rule in the Cape and arrived here in 1836.

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Bela-Bela

Belabela is home to one of the worldsmost famous hot mineral water springs, bubbling 22 000 litres per hour, with a temperature of 53C.The natural hot water is rich in sodium chloride, calcium carbonate and other salts that have healing properties.Belabelaremains one of the most popular health and holiday resort towns in South Africa and a preferred destination for local and foreign tourists.The area has pleasantly mild climate during the winter months and an average of 286 sunny days per year,which adds to the popularity of the destination.

Geographically, BelabelaLocal Municipality is strategically positioned in the Waterberg District Municipality of the Limpopo province. Belabela shares borders with Gauteng, Mpumalanga and North West provinces. South Africas famous national route, N1, runs through the municipality and the towns main Central Business District (CBD) area is only 10km away from this major route. Belabelais 174 km from the provincial capital Polokwane.

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Victor Khanye

Victor Khanye Local Municipality is situated in Mpumalanga province, within the Nkangala District Municipality. It is located in the Western Highveld of the Nkangala District Municipality. The Ekurhuleni Metropolitan Municipality, in the Gauteng province, borders Victor Khanye Local Municipality to the west. It is bordered to the north by the Kungwini Local Municipality, to the south by the Govan Mbeki and Lesedi Local Municipalities

The municipality is strategically located, as it is situated between Johannesburg in Gauteng and Nelspruit in Mpumalanga. It is also located close to the economically thriving metropolitan municipalities in Gauteng namely, Ekurhuleni and Tshwane. It is 10km from the N12 Highway, which joins the N4 Maputo corridor, the main link between Gauteng , Mpumalanga and Mozambique.

The area is approximately 1 570 km in extent. The area is mostly plain with a few rocky outcrops and meandering rivers. Settlements in the area are sparsely distributed. Urban settlements are found mostly in Eloff, Sundra, Delmas and Botleng. Rural settlements include Brakfontein, Argent, Arbor, Dryden and Waaikraal. Agricultural settlements in the form of smallholdings are also found in Eloff, Sundra (Droogefontein and Reitkol), Strydpan and Delmas (Leeupoort). Dryden is also a railway settlement with industrial development.

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Moretele

Moretele Local Municipality is located in an area called Moretele, which is situated far north of Pretoria in the North West province. The municipality was built in 2000, and covers an area of 1369km2. It is located strategically to join four provinces, namely North West, Gauteng, Mpumalanga and Limpopo. Moretele is the Setswana name for a river that runs through the area, namely Noka ya Moretele (the Moretele River).

The Municipality comprises of 24 wards, which are made up of 66 villages and plots. Most villages are ruled by 4 traditional leaders(Dikgosi) who are recognised by law and who all represent their respective tribes/communities in council.

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Madibeng

The Madibeng Local Municipality is located in the Bojanala Platinum District Municipality within the North West province between the majestic ancient Magaliesberg and the Witwatersrand mountain range, and means 'the place of water'. The name is derived from the area's resources that characterise the natural beauty of an area which encompasses the Hartbeespoort, Rooikoppies, Vaalkop and Klipvoor Dams, all of which contribute to the area in terms of tourism. The Municipality is demarcated into 31 wards of which 10 fall in the urban areas (Brits, Hartbeespoort and Skeerpoort) and 21 in the rural areas and villages. It includes approximately 43 villages and 9000 farm areas. Madibeng is centrally situated (approximately 50km from Pretoria, 55 km from Johannesburg and 60km from Rustenburg) and is easily accessible with various road networks, amongst others the N4 toll road, which is running from various directions through Madibeng to Mmabatho, as well as a railway line and airport for light aircraft.read more »


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