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Economic wrap-up for September 2023

Economic wrap-up for September 2023

Stats SA published a variety of reports, statistical releases and discussion documents in September. Here is a rundown of key economic indicators. GDP: SA invests in machinery & equipment and households cut back on spending In September, Stats SA released both national and provincial gross domestic product (GDP) figures. On the national front, GDP recorded   read more »


Stats Biz – September 2023

After a two-year hiatus, Stats SA released an experimental set of provincial gross domestic product (GDP) data. Gauteng may be the smallest of the nine provinces in terms of area size, but it has the largest economy. In fact, Gauteng’s economy is larger than the economies of KwaZulu-Natal and Western Cape combined. Explore the latest   read more »


New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

In September 2023, Statistics South Africa (Stats SA) published the results of a number of monthly surveys, which are based on new samples. These are: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages;   read more »


Recent shifts in company income tax

Recent shifts in company income tax

Although the mining industry strengthened company tax collections after the COVID-19 pandemic, its momentum has recently waned. The importance of CIT Company income tax (CIT) was the third largest source of government tax revenue in 2021/22, according to the South African Revenue Service (SARS).1 Personal income tax was the largest contributor (35,5%), followed by value-added   read more »


Jobs in the non-agricultural sector rise in the second quarter of 2023

Jobs in the non-agricultural sector rise in the second quarter of 2023

The formal non-agricultural sector added 39 000 jobs in the second quarter of 2023, reaching almost 10,1 million jobs. According to the latest Quarterly Employment Statistics (QES, Q2:2023) survey released by Stats SA, there was a year-on year net increase of 104 000 jobs. Between March and June 2023, total (full- and part-time) employment rose   read more »


Stats SA releases new provincial GDP figures

Stats SA releases new provincial GDP figures

After a two-year hiatus, Stats SA has released an experimental set of provincial gross domestic product (GDP) data. Provincial-level figures used to be included annually with the GDP release. Following the publication of the 2019 data, the provincial series was temporarily held back as Stats SA embarked on a complete revamp of national accounts. This   read more »


Stats SA set to hand over Census 2022 results on 10 October 2023

The Statistician-General, Risenga Maluleke, will hand over the Census 2022 report to His Excellency, President Cyril Ramaphosa, in Pretoria, and announce the results of the population and housing count to the country. Census 2022 was the fourth population and housing count in post-apartheid South Africa, the first being conducted in 1996, and subsequent censuses being   read more »


Stats SA to Handover Results to President Ramaphosa on 10th October 2023

MEDIA ALERT Embargo: None 20 September 2023 Census 2022 Results Announcement Date Confirmed Stats SA to Handover Results to President Ramaphosa on 10th October 2023 Statistics South Africa (Stats SA) is set to announce the Census 2022 results on the 10th of October 2023. The Statistician-General, Risenga Maluleke, will hand over the Census 2022 report   read more »


Consumer inflation edges higher in August

Consumer inflation edges higher in August

After four consecutive months of decline, annual consumer inflation pushed up in August, rising to 4,8% from 4,7% in July. Inflation for food & non-alcoholic beverages (NAB) continued to cool, taking some of the heat off the headline rate. This was not enough, however, to counteract a rise in fuel prices and increases in municipal   read more »


Mbalo Brief – September 2023

Climate change is one of the leading human and environmental crisis of the 21st century. The rise in temperature increases the likelihood of extreme weather events such as storms, droughts, heat waves and heavy floods. The problem in understanding climate change or global warming is one of the major challenges confronting African people, their governments   read more »