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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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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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Gariep

The Gariep Local Municipality covers approximately 8 821 km2 and is characterised by mountains, hills and valleys. This area is well known for its stock farming of which sheep production is one of the dominating sectors. Source: (www.gariep.gov.za).read more »


Nelson Mandela Bay

Nelson Mandela Bay Municipality is located on the south- eastern coast of Africa in the Eastern Cape.  It is one of eight category A municipalities in South Africa.  In 2001, the Nelson Mandela Bay Metropolitan Municipality was formed as an administrative area covering Port Elizabeth, the neighbouring towns of Uitenhage and Despatch, and the surrounding agricultural areas.  Nelson Mandela Bay is a major seaport and automotive manufacturing centre.

The Coega Industrial Development Zone (IDZ) is situated within the Nelson Mandela Metropolitan Municipality.  The initiative is a multibillion-dollar industrial development complex customized for heavy, medium and light industries.  It is adjacent to a deepwater port, the Port of Ngqura, and covers 110 km² of land.  The city’s unique advantage of possessing two ports, namely Port Elizabeth Harbour and Ngqura, creates an opportunity for the city to establish a strong and vibrant maritime sector.

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Dihlabeng

The Dihlabeng Local Municipality is situated within the boundaries of the Thabo Mofutsanyana District Municipality in the eastern Free State.The geographical area consists of the towns Bethlehem, Clarens, Fouriesburg, Paul Roux and Rosendal. The principal economic activities within the municipality are dominated by farming (29,4%) and private businesses (17,2%). At approximately 15% and 11% respectively, social services and trade operations are also relatively high economic activities. It has arguably some of the best tourism centres and facilities in the eastern Free State.

Cities/Towns: Bethlehem, Clarens, Fouriesburg, Golden Gate Highlands National Park, Paul Roux, Rosendal

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Nketoana

The Nketoana Municipality is situated within the Thabo Mafutsanyana District Municpality in the Eastern Free State. It comprises of Reitz, Petsana, PetrusSteyn, Mamafubedu, Lindley, Ntha, Arlington and Leretswana.

The municipality is 54km from Bethlehem, 240km from Johannesburg and 60 km from the N3 road. The main economic activities in the area are agriculture and retail businesses.

Nketoana Local Municipality is named after the Leibenbergsvlei River, which is Nketoana in Sesotho. The highest population density is found in the Reitz/Petsana area. The municipality accommodates approximately 60 324 people and covers an area of 5 611km2. In terms of enumeration area (EA) types, 74% of the population lives in formal residences.

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