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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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Umtshezi

uMtshezi Local Municipality is an administrative area in the Uthukela District of KwaZulu-Natal in South Africa. uMtshezi is an isiZulu word for Bushman or San. uMtshezi Local Municipality comprises parts of the Magisterial Districts of Weenen and Estcourt, the informal settlements of Cornfields, Thembalihle, Mimosadale, and numerous settlements around Weenen. Estcourt is the largest commercial centre in the Midlands region, and an important service centre for the nearby towns of Mooi River, Winterton, Bergville, Colenso and Weenen. Weenen is a small agricultural town that is starting to emerge as a tourist destination. The majority of the people in the municipality are concentrated in urban areas and in farming areas but there are a few patches of high-density settlements within the informal areas. (Source: www.kzncogta.gov.za)read more »


Umhlabuyalingana

uMhlabuyalingana Local Municipalityi s one of five municipalitiesthat fall within uMkhanyakude District Municipality.  uMhlabuyalingana is located in the far northern part of KwaZulu-Natal, sharing its northern border with the country of Mozambique.

The municipality is deeply rural, with almost its entire population living in traditional authority areas. Several nature reserves are located within the municipality, including the Isimangaliso Wetland Park which is a World Heritage Site (Wikipedia).

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uMlalazi

uMlalazi Local Municipality is made up of the towns of Eshowe, Mtunzini, and Gingindlovu. The villages of Amatikulu and Ntumeni, together with considerable rural hinterland, cover one of the largest geographical areas of all municipalities in South Africa, with a total area of 2 217 km2. The municipal area is dominated by tribal areas, and 14 Tribal Authorities exist within the area (uMlalazi municipality website). The area appears to have sufficient sources for the provision of water. A complicating factor is the undulating topography, which is characteristic of the entire municipal area. In some instances it is therefore difficult and expensive to provide these services. Arterial roads through the area are in good condition. In practically all instances district roads and farm roads are in poor condition and in need of upgrading.read more »


Greater Kokstad

The Greater Kokstad Municipality is one of the municipalities of the Sisonke District Municipality. It lies on the south-west tip of KwaZulu-Natal and is bordered by Matatiele Local Municipality on the west, Lesotho and part of the Eastern Cape on the north-west.The Greater Kokstad Municipality covers a land area of approximately 2 682 km² and shares its borders with KwaSani, Matatiele, Umziwabantu local municipalities, and the KwaZulu-Natal enclosed portion of the Eastern Cape. It is one of the five municipalities that make up the Sisonke District Municipality. Greater Kokstad Municipality functions as the district node and dominant commercial centre in the Sisonke district.read more »


Umzimkhulu

Umzimkhulu is a local municipality in KwaZulu-Natal. It is one of the family of five local municipalities (Ubuhlebezwe, Ingwe, KwaSani and Kokstad) of the Sisonke District Municipality. The district neighbours Ugu District in the east, Msunduzi in the north, Lesotho in the east and Eastern Cape in the south. Umzimkhulu is the most populated of the Sisonke municipalities. The municipal area consists of 20 wards, and traditional areas comprise 46% of the region. The total land area covered by Umzimkhulu is 2 436 km²

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