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Real gross domestic product (GDP) at market prices increased by 0,6 per cent during the second quarter of 2014

26 August 2014: 11:30 a.m PRESS STATEMENT Real gross domestic product (GDP) at market prices increased by 0,6 per cent during the second quarter of 2014 The seasonally adjusted real GDP at market prices for the second quarter of 2014 increased by an annualised rate of 0,6 per cent compared with a decrease of 0,6   read more »


PRESS STATEMENT: Survey of Employers and the Self-Employed (SESE), 2013: 14 August 2014

PRESS STATEMENT: Survey of Employers and the Self-Employed (SESE), 2013: 14 August 2014

The SESE is a household-based sample survey conducted every four years. The survey collects detailed information about non-VAT registered businesses, most of which are in the informal sector. Highlights Table 1: Individuals running informal businesses, 2001–2013 2001 2005* 2009 2013 2001 2005 2009 2013 Thousand Per cent  By sex 2 258 1 668 1 144   read more »


First quarter GDP down

First quarter GDP down

The seasonally adjusted real gross domestic product (GDP) at market prices for the first quarter of 2014 decreased by an annualised rate of 0,6 percent. The main contributors to this decrease in economic activity were the mining and quarrying industry (-1,3 percentage points) and the manufacturing industry (-0,7 of a percentage point). The mining and   read more »


Real gross domestic product (GDP) at market prices decreased by 0,6 per cent during the first quarter of 2014

The seasonally adjusted real GDP at market prices for the first quarter of 2014 decreased by an annualised rate of 0,6 per cent compared with an increase of 3,8 per cent during the fourth quarter of 2013. The main contributors to the decrease in economic activity in the first quarter of 2014 were the mining   read more »


QUARTERLY LABOUR FORCE SURVEY: Quarter 1(January to March), 2014

QUARTERLY LABOUR FORCE SURVEY: Quarter 1(January to March), 2014

Stats SA today released the Q1:2014 results which show a quarterly decline in employment by 122 000 due to a loss of 110 000 jobs in the informal sector. Formal sector employment was virtually unchanged at 10,8 million compared with the previous quarter, while both Private households and Agriculture shed jobs (14 000 and 5 000 respectively). The   read more »


Automotive strikes hamper growth

Automotive strikes hamper growth

Before the slump in 2008/09 due to the global recession, manufacturing performed well, recording annual growth rates of 2,9%, 4,6% and 4,2% for 2005, 2006 and 2007 respectively. The recovery after the recession from 2010 to 2012 was sluggish, and 2013 showed anaemic annual growth of 1,3% to date. Factory output remains far from the   read more »


Employment levels back to pre-recession peak but absorption rate lower

Employment levels back to pre-recession peak but absorption rate lower

Employment levels at 14 million in Q3: 2013 are now back to the Q4: 2008 peak. The working age population however, has increased by 2,3 million over the period Q4: 2008 to Q3: 2013 such that the percentage of South Africans aged 15-64 years with jobs (the absorption rate) has declined from 45,0% in Q4:   read more »


Quarterly Financial Statistics: Ratio Analysis

Quarterly Financial Statistics: Ratio Analysis

Given the vast amount of information appearing in detailed financial statements of companies, it may be difficult to discern significant relationships and trends in the data. One way to address this challenge is to use accounting ratios, which provides substantial insights into the relationships between variables and can indicate certain trends. Accounting ratios are calculated   read more »


Real gross domestic product (GDP) at market prices increased by 3,0 per cent during the second quarter of 2013.

Real gross domestic product (GDP) at market prices increased by 3,0 per cent during the second quarter of 2013.

27 August 2013: 11:30 a.m. The seasonally adjusted real GDP at market prices for the second quarter of 2013 increased by an annualised rate of 3,0 per cent compared with an increase of 0,9 per  cent during the first quarter of 2013. GDP is one of the Economic Indicators which measures the rate of economic   read more »


Mbalo Brief – May 2013

South Africa just recently hosted the 2013 Tourism Indaba in Durban from 11 to 14 May 2013. The main focus of the Indaba was to pursue the growth of South Africa’s tourism industry and to strengthen existing partnerships while establishing new ones. South Africa stands out as a tourist destination mostly because of its friendly,   read more »


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Phokwane

Phokwane Local Municipality incorporates the previous municipal areas of Hartswater, Jan Kempdorp, Ganspan and Pampierstad. The Phokwane Municipality is named after Queen “Phokwane”, the wife of Kgosi Galeshewe of the Barolong boo Ra-Tlhaping tribe. Phokwane is nestled in the lush green delta of the Hartswater region and boasts the second largest irrigation scheme in the Southern Hemisphere, namely the Vaalharts Irrigation Scheme. The municipality has a total population of 61 321 inhabitants of whom the majority is found in the peri-urban areas of the municipality. A significant characteristic of the Phokwane population is the youth who account for 33% (ages 15–34) of the total population. The economy of Phokwane is based on agriculture, community development, retail, private household and informal sectors. These five sectors alone provide jobs to 11 160 persons within the municipal area. This accounts for 65% of employment within Phokwane. In terms of agriculture Phokwane exports grape, citrus and olive products. The dominant languages in the area are Setswana, Afrikaans and Isixhosa with each of the languages having 70%, 25% and 5% users respectively.  read more »


Gamagara

Gamagara Local Municipality comprises an area of 2 619 square kilometers, and is located in the north-eastern sector of the Northern Cape on the N14 between Upington and Vryburg. It is approximately 200km north-east of Upington and 280km north-west of Kimberley.

The municipal area of Gamagara consists of five towns:Kathu, Shesheng, Dibeng, Dingleton, and Olifantshoek, a large farming area and a considerable mining area. Kathu is the largest town within the municipality and is also the administrative center of the Gamagara Local Municipality. Olifantshoek is the second largest town and is located near the Gamagara River to the north-west of Kathu. Dingleton is the smallest of the five towns and is located in the centre of the mining activities directly south of Kathu.

Gamagara Municipality has grown from 23 202 people in 2001 to 41 617 people in 2011 (Census 2011).

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Swartland

Swartland Local Municipality is situated in the West Coast District, bordering the Atlantic Ocean in the west, the City of Cape Town in the south, the Cape Winelands District to the east and Saldanha Bay Municipality and Bergrivier Municipality to its north and northeast.

The largest towns in Swartland include Malmesbury, Moorreesburg, Darling, Riebeeck West, Riebeeck Kasteel and Yzerfontein. Malmesbury, as an administrative centre of the municipality, has a diversified economic base, which includes agriculture, as well as a diversified industrial sector and infrastructure, and although tourism does not currently play a major role, this avenue can be explored.

(Source: www.westerncape.gov.za)

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Langeberg

The Langeberg Local Municipality serves the towns of Ashton, Robertson, Montagu, Bonnievale and McGregor in the picturesque Breede River Valley/Klein Karoo area, where people still live close to nature. With majestic mountains on the one side and the ever-flowing Breede River on the other, the Langeberg area is a paradise for nature lovers and sports enthusiasts. The Langeberg area is one of the largest wine-producing regions in South Africa. The area may be best known for its wine, but the variety of attractions and activities combined with spectacular scenery and the relaxed hospitality ensure visitors an unforgettable stay.

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City of Cape Town

The City of Cape Town as a municipal entity of today is just over ten years old. However, the Mother City has the oldest municipal structure in the country, going back to its first Council meeting held on 8 April 1652 – on a sailing ship anchored in Table Bay.

The Mother City is South Africa’s oldest city, with an area of 2 461 km2. It is the legislative capital of South Africa, the administrative and economic centre of the Western Cape Province.

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