Employment in the formal non-agricultural business sector increased in the Fourth quarter
Employment increased by 18Â 000 or 0,2% quarter-on-quarter, from 9Â 672 000 in September 2016 to 9 690 000 in December 2016. This was largely due to increases in the following industries: trade (68Â 000 or 3,3%), business services (33 000 or 1,6%) and manufacturing (13Â 000 or 1,1%). The electricity industry remained unchanged. However there were decreases in read more »
GDP in the fourth quarter of 2016 contracted by 0,3%
Press statement                                          Embargo: Tuesday 7 March 2017, 11:30 GDP in the fourth quarter of 2016 read more »
Media release:Quarterly Labour Force Survey – QLFS Q4:2016
MEDIA RELEASEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 14 February 2017 The results of the Quarterly Labour Force Survey (QLFS) for the fourth quarter of 2016 released by Statistics South Africa today, indicate that employment grew by 235Â 000 and the number of job seekers declined by 92Â 000 resulting in slight decline in the unemployment rate by 0,6 of percentage point to read more »
Appreciating scale: business turnover in R200 notes
The South African formal business sector generated R2,17 trillion in turnover in the third quarter of 2016. To put this into perspective, imagine if you drew this amount in R200 bills and went about giving away a bill every second. It would take 344 years to get rid of all the bills in this way! read more »
How did the economy perform in the third quarter of 2016?
Local government elections, increased mining of iron ore, water restrictions and reduced electricity consumption. Find out more about these, as well as other factors, that influenced economic growth in the third quarter. The South African economy grew by 0,2%1 quarter-on-quarter (compared with 3,5% in the second quarter), according to estimates of real gross domestic product. read more »
Media release: Annual financial statistics, 2015
Media release                                                                                                 24 November 2016 Annual financial statistics, 2015 The total annual turnover of private sector businesses operating in the South African economy[1] increased by 5,5% between 2014 and 2015, from a revised R7,8 trillion in 2014 to an estimated R8,3 trillion in 2015, according to the latest Annual financial statistics, 2015 report released by read more »
SA jobs shrink in Q2
The South African formal sector employment shrank by 67Â 000 jobs in the second quarter of this year. According to the June 2016 Quarterly Employment Statistics (QES) survey released by Statistics South Africa, an estimated 9Â 218Â 000 persons were employed in the formal non-agricultural sector of the South African economy. Quarterly employment losses were observed in all read more »
AGDP Media statement
Press statement Embargo: Tuesday 06 September 2016, 11:30 GDP in the second quarter of 2016 grew by 3,3% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) growth rate was 3,3% in the second quarter of 2016.1 The main contributors to the GDP growth rate were the manufacturing industry and read more »
A ten-year snapshot of business profitability in South Africa
How well have South African businesses performed? This can be a complicated question that can be tackled with a range of indicators. From the wealth of financial data available from the recently published Quarterly Financial Statistics (QFS), Stats SA takes a look at one such indicator: the profit margin ratio. A limitation of financial read more »
Media Release: Quarterly Employment Statistics (QES), first quarter 2016
Quarterly Employment Statistics (QES), first quarter 2016 According to the Quarterly Employment Statistics (QES) for the first quarter of 2016 released by Statistics South Africa today, employment in the formal non-agricultural sector of the South African economy decreased by 0,2% (15 000 employees) to 9 273 000 in the first quarter of 2016, compared read more »