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Results for: Industry Sector

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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Maluti a Phofung

Maluti-A-Phofung local municipality is situated in the Free State. Maluti-A-Phofung is a local municipality and was established on 5 December 2001, and comprises of four former TLC local authorities, which are Qwaqwa Rural, Phuthaditjhaba, Harrismith and Kestell. The municipality is comprised of 35 wards and covers approximately 4 421 km2 in extent. Phuthaditjhaba is the urban centre of Qwaqwa and serves as the administrative head office of Maluti-A-Phofung municipality. Surrounding Phuthaditjhaba are the rural villages of Qwaqwa, established on tribal land administered by the Department of Land Affairs. Harrismith is a service center for the surrounding rural areas and a trading belt serving the national road, N3, which links the Gauteng and KwaZulu-Natal provinces. Harrismith is surrounded by Tshiame located 12 km to the west and Intabazwe, which is located 1,5 km to the north. The town is an economic hub for people living in Tshiame, Intabazwe and Qwaqwa. Kestell is a service center for the surrounding agricultural oriented rural area, with Tlholong as the township. Kestell is situated along the N5 road that links Harrismith with Bethlehem. The rural areas of Maluti-A-Phofung comprise commercial farms and major nature conservation centres such as Qwaqwa National Park, Platberg, Sterkfontein Dam and the Maluti Mountain Range. The area is not only a tourist attraction destination, but also makes a big contribution in generating gross agricultural income for the whole of the province and is also highly regarded for its beef production.read more »


Mantsopa

Mantsopa Local Municipality is situated in the Eastern Free State and covers an area of 345 square kilometres. The five towns situated in Mantsopa are Ladybrand, Hob House, Tweespruit, Thaba-Phatswa and Excelsior.  Mantsopa Local Municipality was established on 5 December 2000 and is comprised of the previous areas of jurisdiction of Tweespruit Transitional Local Council (TLC), Ladybrand TLC, Hobhouse TLC, Excelsior TLC, ThabaPatchoa TLC and Maluti Transitional Rural Council. It forms part of the Eastern Free State and falls within the Thabo Mofutsanyana District Municipal area. It borders the Kingdom of Lesotho in the East, Mangaung Local Municipality to the west, Naledi Local Municipality to the south and Masilonyana and Setsoto to the north. The area is accessible via the N8 and R26 roads which traverse the area. A railway line that runs along these routes services the area.

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uMshwathi

uMshwathi Municipality is situated within uMgungundlovu District Municipality immediately adjacent to Pietermaritzburg. uMshwathi comprises of four major urban centres (New Hanover, Wartburg, Dalton and Cool Air) as well as the rural residential settlements of Swayimane, Mpolweni, Thokozani and Ozwathini. uMshwathi covers an area of about 1 811 km². Economic development opportunities at uMshwathi include the rehabilitation and development of the towns, middle and high-income housing projects as well as development of a road corridor linking the N2 and N3 by traversing the municipality.The importance of agriculture in uMshwathi cannot be overemphasized. Sugar cane is the predominant agricultural pursuit. Manufacturing activities are mainly related to agricultural processing activities, notably sugar and timber processing activities.read more »


Impendle

Impendle  local Municipality is located on the south western boundary of the uMgungundlovu District, and shares a boundary with the Sisonke District to the south and the KwaSani Municipality, which includes towns such as Underberg  and Himeville. To the north is the uMngeni which is closely tied to Impendle in terms of agriculture and potential tourism (Midlands Meander), and to east the Msunduzi Municipality which is the capital of the province and the economic hub of the District. To the west is District Management areas of the Drakensberg that fall under the Transfrontier Development Initiative related to the World Heritage Site. (uMgnugndlovu District Municipality IDP 2012/13).

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Richmond

Richmond Municipality is situated south of Msunduzi, west of Mkhambathini and the Sisonke District in the south west. Richmond enjoys a competitive advantage in the field of agriculture that contributes to more than 50% of the gross geographic product and employment in the area. Historically, Richmond was one of the main destinations of the Bhambatha Rebellion and the Byrne Settlers. For tourists the local museum, the old court building and the prison are great attractions, while the Umkomaas River is a popular venue for white river rafting (uMgungundlovu District Municipality IDP 2012/13).read more »


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