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Finding a home in a big pond

Finding a home in a big pond

Finding a home in a big pond It is often said that small businesses hold the key to economic growth. Recently released data paint an interesting picture of where small businesses are making a substantial contribution to economic activity. Stats SA’s latest Quarterly financial statistics reports that the private sector earned a total of R2,1   read more »


The economy: winners and losers of 2015

The economy: winners and losers of 2015

South Africa’s economy grew by 1,3% in 2015, down from 1,5% in 2014 and 2,2% in 2013, according to preliminary estimates of real gross domestic product (GDP) published by Stats SA. Overall economic growth in 2015 was characterised by two of the main industry groups shrinking in size, while the other eight experienced some growth.   read more »


Private sector turnover rises in the third quarter

Private sector turnover rises in the third quarter

Stats SA’s latest Quarterly Financial Statistics report provides detailed financial statistics on the private sector, for the quarter ending September 2015. How did business turnover fare over this period? The following short article covers key turnover statistics from the report. Total turnover Total turnover in the private sector increased by 3,3% in the September 2015   read more »


South Africa’s economy narrowly avoids recession

South Africa’s economy narrowly avoids recession

South Africa’s economy grew by 0,7% in the third quarter of 2015, according to preliminary estimates of real gross domestic product (GDP) released by Stats SA. Unless otherwise stated, growth rates are quarter-on-quarter, seasonally adjusted and annualised. After experiencing a 1,3% contraction in the second quarter, the marginal GDP growth in the third quarter staved   read more »


Unemployment increases in the third quarter of 2015

27 October 2015 Media Release The results for the third quarter Quarterly labour force survey (QLFS) shows that the working-age population was 36,1 million – 15,8 million employed, 5,4 million unemployed and 14,9 million not economically active. The not economically active population decreased by 200 000 and the economically active population increased 359 000 quarter-to-quarter.   read more »


Turnover and capital investment in the private sector rise

Turnover and capital investment in the private sector rise

Total turnover in the private sector increased by 1,6% in the quarter ended June 2015 compared with the quarter ended March 2015, according to Stats SA’s latest Quarterly financial statistics report. The electricity, mining, trade, manufacturing and transport sectors reported increases in turnover, while decreases were recorded for construction, community services (excluding government institutions) and   read more »


South Africa’s economy contracts in the second quarter of 2015

South Africa’s economy contracts in the second quarter of 2015

South Africa’s economy contracted by 1,3% (seasonally adjusted and annualised) in the second quarter of 2015, according to preliminary estimates of real gross domestic product (GDP) released by Stats SA. The quarter-on-quarter decrease in overall economic activity was characterised by five of the ten main industry groups shrinking in size, while the other five experienced   read more »


Formal employment declines in third quarter

Formal employment declines in third quarter

The September 2014 Quarterly Employment Statistics (QES) report, released on 11 December 2014, shows that total formal non-agricultural employment decreased by 129 000 jobs from 8,67 million in June 2014 to 8,54 million in September 2014. 132 000 jobs were lost in the government sector. The main contributor to this decline was the Independent Electoral   read more »


A glimmer of hope in a time of darkness?

A glimmer of hope in a time of darkness?

With the current electricity supply problems gripping the country, some comfort can be drawn from recent financial data that indicates intensive investment in infrastructure by players in the electricity, gas and water supply industry. The recently published Quarterly financial statistics report, which provides a range of financial statistics on industries in the South African economy,   read more »


Industries report higher turnover despite a decrease in the number of enterprises

Industries report higher turnover despite a decrease in the number of enterprises

The total turnover measured for selected industries increased by 8,9%, from R6,4 trillion in 2012 to just under R7,0 trillion in 2013, despite a decrease of 11 324 enterprises between the two years1. Enterprises in the electricity, gas and water supply industry experienced the largest percentage increase in turnover (+12,5%). The results on what drives income   read more »


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Mandeni

Mandeni Local Municipality (formerly eNdondakusuka Local Municipality) is an administrative area in the iLembe District of KwaZulu-Natal in South Africa. Manufacturing, elementary work and plant and machine work are the highest non-farming categories of labour. Mandeni includes substantial areas of commercial agriculture, with the bulk of these areas under sugar-cane. Agriculture is the main employment sector in the area. Tourism industry in Mandeni is also observable at the Tugela Mouth area. The history of the area cannot be divorced from the tourism potential. Great battles have been fought by the Zulus against the British in this area through the involvement of King Cetshwayo. The area was one of the most important agricultural areas of the Kingdom of KwaZulu since the reigns of Kings Malandela, Jama, Senzangakhona, Shaka, Dingane and Mpande. During the reigns of Kings Shaka and Dingane, the eNdondakusuka area formed part of the area regarded as Prince Mpande’s sphere of influence. He had his house kwaMfemfeeGcotsheni in Ndulinde, which is where Prince Shingana was born and buried in 1911.read more »


KwaDukuza

KwaDukuza Municipality forms part of the iLembe District Municipality area (DC29), and lies on the east coast of KwaZulu-Natal, between eThekwini Metro in the south and Tugela River mouth in the north. The KwaDukuza municipal area stretches from the Zinkwazi River in the north to the UThongathi River in the South. The name KwaDukuza epitomizes the historical background of the area being the home to King Shaka’s Gravesite and Memorial. The town KwaDukuza is built on the original site of King Shaka‘s Royal settlement called Dukuza. The KwaDukuza museum is situated opposite the site of the King Shaka Memorial and is dedicated to the sugar industry and colonialism, the cultural heritage of the early settlers of the town Stanger.read more »


Musina

Musina in the Limpopo Valley is the northernmost town in South Africa. Situated close to the Beit Bridge border post between South Africa and Zimbabwe, it is the main entry point into the country from countries north of South Africa. The town developed around the copper mining industry in the area. Copper was first discovered in pre-historic times by the Musina people who named it ‘musina’, meaning ‘spoiler’, because they considered it a poor substitute for iron, which is what they were after. The mineral was later re-discovered and mined by 20th century miners. Today iron, coal, magnetite, graphite, asbestos, diamonds and copper are mined here. With fascinating attractions and many game farms in the area, tourism and hunting play an important role in the economy of the town. The recently declared world heritage site of Mapungubwe (meaning ‘Hill of the Jackal’) is one of the richest archaeological sites in the country. Botanical highlights of the region include fine specimens of baobab trees and impala lilies which are both protected species. Agricultural products include citrus, mangoes, tomatoes and dates.read more »


Thabazimbi

Thabazimbi Municipality is located in the south-western part of the Limpopo Province and has Botswana as its international neighbour. It is two hours drive from the City of Tshwane. The municipality has Marakele National Park, which is a subsidiary of the National Parks Board, and in the same standard as the Kruger National Park and Mapungube. The game lodges scattered around the area helps to promote environmental sustainability.read more »


Greater Taung

Greater Taung Local Municipality (NW 394) is situated in the western part of North West in the area of jurisdiction of Dr Ruth S Mompati District Municipality. The municipality is one of the five local municipalities in Dr Ruth S Mompati District Municipality.The municipality covers an area of 5 639 Km2, which accounts for 11,8 % of the total area of Dr Ruth S Mompati District Municipality.The main rural towns/townships in the municipal area are Reivilo, Pudimoe and Taung Central. About 95% of the municipal area is predominantly rural. There are about 106 widely-scattered villages in the municipal area. There are Northern Cape areas that one passes when going from one village to the other within the municipality, namely Pampierstad township and Northern Cape farms. These areas previously formed part of the municipality but were later moved to the Northern Cape during the last demarcation process. The municipality is divided into 26 administration wards and has a total of 52 councillors (both ward and PR councillors). As the municipality is predominantly rural, villages have been divided under the three tribal authorities under three paramount chiefs, namely Mankuroane, Mothibi and Motlhabane. The agricultural sector, both commercial and subsistence, is the major employer and contributor to the municipal economy. The municipal population stands at 177 642 (the largest in the district), with a total of 48 612 households.When compared to the 2001 population statistics, the population size has declined from a total of 182 164 to 177 642 in 2011. The average population density stands at 31,5km2.read more »


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