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Economic wrap-up for March 2024

Economic wrap-up for March 2024

Stats SA had a packed publication schedule in March. The statistical agency published 37 releases in the month, including several annual and quarterly reports. Notable releases: Tourism, water and municipal services The headwinds from the COVID-19 pandemic hit all industries hard, including the tourism sector. Although tourism is slowly returning to an even keel, it   read more »


Stats Biz – March 2024

A water resource account is a balance sheet for a geographical area, providing data on water inflows, water outflows and changes in water storage. Detailed experimental accounts, published for the period 2015 to 2021, provide modelled estimates of water flows for three catchment areas. Explore the evaporation ratio, as well as other stories, in this   read more »


Road transport accident deaths on the increase in SA

Road transport accident deaths on the increase in SA

South Africa is part of the consortium of nations that signed the 2030 Agenda for Sustainable Development, adopted by all United Nations members in 2015. The aim of the Sustainable Development Goal (SDG), Target 3.6 was to halve the number of global deaths and injuries from road traffic accidents by 2030. However, results of a   read more »


Solar energy for the poor

Solar energy for the poor

Households and businesses are adopting alternative sources of energy as load shedding bites. What may not be well known is that many municipalities are in the game too, providing off-grid energy sources to the poorest households. The Free Basic Alternative Energy (FBAE) policy1 instructs municipalities to supply alternative sources of energy to poor households that   read more »


Liquid ledger: SA develops experimental water resource accounts

Liquid ledger: SA develops experimental water resource accounts

A water resource account is a balance sheet for a particular geographical area, providing data on water inflows, water outflows and changes in water storage. Water resource accounts in South Africa are physical accounts at the catchment scale, quantifying changes in stocks, flows and water consumption within a defined spatial and temporal domain. Statistics South   read more »


TO ALL MEDIA/NEWS EDITORS

27 March 2024 Statistics South Africa in consultation with the International Organisation for Migration (IOM) compiled the first ever Migration profile report for South Africa Following in the footsteps of more than 100 countries around the world that have developed their own Migration Profiles, Stats SA in consultation with the IOM has compiled the first   read more »


Employment dips in SA’s formal non-agricultural sector during Q4:2023

Employment dips in SA’s formal non-agricultural sector during Q4:2023

Statistics South Africa has committed to provide up-to-date and reliable statistics derived from the Quarterly Employment Statistics (QES) survey to ensure accurate information for users and policymakers. The results of the QES, Q4:2023 are derived from the 2023 sample, which was drawn in April 2023. This annual process typically impacts employment and gross earnings levels.   read more »


Most migrants to South Africa come from the SADC region for employment

Most migrants to South Africa come from the SADC region for employment

Labour migration, the movement of individuals across the borders for employment purposes, is a fundamental aspect of the global economy and has profound social, economic, and political implications. According to the report, Migration profile report for South Africa: A country profile 2023 released by Statistics South Africa (Stats SA), most migrants entering South Africa originate   read more »


Inflation heats up for a second consecutive month

Inflation heats up for a second consecutive month

Annual consumer inflation quickened in February, rising to 5,6% from 5,3% in January and 5,1% in December. Product categories that drove much of the upward momentum include housing & utilities, miscellaneous goods & services (most notably, insurance), food and non-alcoholic beverages (NAB) and transport. A 10,3% month-on-month increase in medical aid premiums (in the miscellaneous   read more »


Mbalo Brief – March 2024

South Africa has been experiencing drier and hotter weather in the last few months. According to the South African Weather Service (SAWS) the heatwave that started on Sunday, 19 November 2023 and reached its peak on 27 November, broke records for being the hottest November in the country. On the 27th of November, more than   read more »


Report-75-01-01 - Post and telecommunications industry

The Statistical Report No. 75-01-01 (2016) Post and telecommunication industry 2016, updates the statistical Report No. 75-01-01 (2013) Post and telecommunication industry 2013. This statistical report contains financial information, employment, details of income from service rendered and ICT usage.read more »


Report-64-11-01 - Accommodation Industry

The Statistical Report No. 64-11-01 (2018) Accommodation industry 2018, updates the statistical Report No. 64-11-01 (2015) Accommodation industry 2015. This statistical report contains financial information, details of income from sales of goods and services rendered, details of purchases, stay units and beds sold, facilities and other guest amenities and ICT usage. read more »


Report-20-01-02 - Mining industry

This statistical report contains financial, employment information and provides details of sales, services and purchases by type of mining and province and communication technology usage results from the 2012 census of the mining industry.read more »


Report-No-03-01-37 - Profiling the socio-economic status and living arrangements of persons with disabilities in South Africa, 2011-2022

Profiling socio-economic status and living arrangements of persons with disabilities in South Africaread more »


03-19-05 - Marginalised Groups Indicator report

The report presents information on key demographic and socio-economic indicators on marginalised groups (women, children, older persons and people with disabilities) primarily using data collected in 2018 from the GHS, QLFS, and VoCS. CS 2016 data are used for disability. The objective of the report is to inform policy, research and debate.read more »


Blue Crane Route

Blue Crane Route Local Municipal area has a number of strategic environment advantages. It contains 97% of natural land covers, is centrally located between three national parks, contains biodiversity of regional and national significance, can boast incredible scenic beauty, and local conditions present a number of opportunities for renewable energy generation on a large scale. However the area faces a number of issues such as higher densities of population primarily concentrated in the three urban centres.

The low agricultural productivity and carrying capacity of much of the land in the municipality, combined with limited access to water for irrigation, has restricted development of the agricultural economy. The remoteness of the urban centres limits growth of business, services and sectors.

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Ikwezi

The Ikwezi Local Municipality is located in the Eastern Cape, one of the nine local municipalities located within the Cacadu District Municipality. Ikwezi includes three main settlements namely Jansenville, Klipplaat and Waterford, and covers an area of 4 449,7km2. It is an area characterized by low population density, high levels of poverty and excessive bulk water constraints, as well as very poor quality water(http://drupa16dev15.econsultant.co.za).

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Makana

The Makana Local Municipality is located in the Eastern Cape province and forms part of the Cacadu District Municipality, which includes the Camdeboo, Blue Crane Route, Ikwezi, Baviaans, Sunday’s River Valley, Ndlambe, Kouga, Kou-Kamma, and Makana local municipalities. The MakanaLocal Municipality is situated almost in the middle of Port Elizabeth (to the east) and East London (to the west) on the N2 highway. (www.ru.ac.za).

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Sundays River Valley

The Sunday River Valley Local Municipality is one the developing local municipalities within the Cacadu District Municipality (western region). It is located in the Eastern Cape, approximately 80km north  east of the Nelson Mandela Bay Municipality.read more »


Mnquma

Mnquma Local Municipality is located in the south eastern part of the Eastern Cape province.  It is a category B municipality falling under the jurisdiction of the Amathole District Municipality and comprises of an amalgamation of the former Butterworth, Ngqamakhwe and Centane Tribal Regional Councils (TRC’s). Mnquma Local Municipality shares borders with three other local municipalities i.e. Mbhashe, Intsika Yethu and Great Kei Municipality. It is approximately 32 995 240 square kilometres and consists of 31 wards. (http://www.mnquma.gov.za/)read more »


Economic Growth

The diverse structure of the South African economy is a critical aspect of its historical and current growth performance.  The manufacturing sector continues to occupy a significant share of the South Africa economy, despite its relative importance declining from 19 percent in 1993 to about 17 percent in 2012 in real terms.

In line with structural changes in many economies, it not surprising to observe that the finance, real estate and business services sector has increase its relative importance of 17 per cent in 1993 to approximately 24 per cent in 2012. These two sectors and a few more are an important part of the South African growth story since the dawn of democracy.

Despite that, less than a decade into the 21st century, many countries, including South Africa, experienced the global economic crisis.This has affected economic growth in South Africa over the last four years, prompting a deceleration in rate of economic growth.

South Africa experienced an average growth rate of approximately 5 per cent in real terms between 2004 and 2007. However, the period 2008 to 2012 only recorded average growth just above 2 per cent; largely a result of the global economic recession.

Of the nine provinces in South Africa, three power houses stand out. Gauteng, Kwazulu-Natal and Western Cape collectively contribute a significant portion to the country’s value added, reported at over 60 percent.

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National Accounts

The diverse structure of the South African economy is a critical aspect of its historical and current growth performance. The manufacturing sector continues to occupy a significant share of the South Africa economy, despite its relative importance declining from 19 percent in 1993 to about 17 percent in 2012 in real terms. In line with structural changes in many economies, it not surprising to observe that the finance, real estate and business services sector has increase its relative importance of 17 per cent in 1993 to approximately 24 per cent in 2012. These two sectors and a few more are an important part of the South African growth story since the dawn of democracy.read more »


Inflation

The Consumer Price Index (CPI) and Producer Price Index (PPI) are the two primary measures of inflation for South Africa. Both indicators are published on a monthly basis.The Consumer Price Index tracks the rate of change in the prices of goods and services purchased by consumers. The headline CPI is used as the inflation target measure which guides the South African Reserve Bank on the setting of interest rates.

The Producer Price Index tracks the rate of change in the prices charged by producers of goods. Stats SA publishes PPIs for different industries with the PPI for final manufactured goods being the headline PPI. Additional PPIs are compiled for Agriculture, forestry and fishing; Mining and quarrying; Electricity and water; Intermediate manufactured goods; Imports and Exports; and Construction.

The PPI is widely used by businesses as a contract escalator and as a general indicator of inflationary pressures in the economy.

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Agricultural Statistics

The history of agricultural statistics in South Africa goes back as far back as the beginning of the 20th century. With the exception of the World Wars and great depression years, an agricultural census was conducted on annual basis in the first half of the 20th century. As agriculture’s contribution to the country’s gross domestic product (GDP) decreased over the years, so did the frequency of conducting agricultural censuses. Post 1994, agricultural censuses have been conducted on a five yearly basis, with annual surveys being conducted in between the census years. Until now, agricultural censuses and surveys have largely concentrated on commercial agriculture leaving out small-scale and subsistence agriculture. In 2009, Statistics South Africa (Stats SA) conducted an audit of agricultural statistics in the country. One of the findings was that the country lacked information on smallholder and subsistence agriculture. The current list of farmers being used to conduct surveys was mainly confined to commercial agriculture. A decision was taken that three questions related to agriculture would be included in the Population Census 2011 (Census 2011) questionnaire. The main objective was to identify all households involved in agriculture in the country, so that a complete frame of all individuals and entities involved in agriculture (both subsistence and commercial) could be generated. This will allow for a comprehensive agricultural census to be conducted.read more »


Poverty

Poverty is a key development challenge in social, economic and political terms; not only in South Africa but throughout the developing world. In post-apartheid South Africa, fighting the legacy of poverty and under-development has always been a central theme of Government. This was cemented in the Reconstruction and Development Plan (RDP) of 1994 and reiterated in the National Development Plan (NDP) published in 2011.

The guiding objectives of the NDP is the elimination of poverty and the reduction in inequality and all the elements of the plan must demonstrate their effect on these two objectives. The Living Conditions Survey (LCS) and the Income and Expenditure Survey (IES) conducted by Stats SA are the two primary contributors toward profiling and monitoring poverty and inequality over time.

These two surveys are fundamental components to the survey programme of any statistical agency. They are the leading tools for the measurement of absolute poverty and inequality and they are an extremely important building block for the Consumer Price Index (CPI) to stay current with the changing spending and consumption patterns of the country.

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