Mbalo Brief – May 2015
South Africa is a country bubbling with talented, creative, innovative and ambitious young people. Although most people see age (youth) as a barrier towards achieving their dreams, some have succeeded in breaking this mind-set especially in fields such as in manufacturing, technology, arts and culture, financial services and agriculture. Some of the examples of people read more »
Industry code list
11 Agriculture, hunting and related services 111 Growing of crops; market gardening; horticulture 112 Farming of animals 113 Growing of crops combined with farming of animals (mixed farming) 114 Agricultural and animal husbandry services, except veterinary activities 115 Hunting, trapping and game propagation, including related services 116 Production of organic fertilizer 12 Forestry, logging and read more »
Labour market dynamics in South Africa, 2014 report
PRESS STATEMENT APRIL 2015 Highlights The effects of the 2008–2009 global financial crisis on the South African economy continued to linger in 2014. This, combined with factors such as constrained electricity supply and labour unrest, has negatively impacted on the performance of the economy. Slowing growth rates over the period 2010–2013 (averaging 2,7%), continued into read more »
How much do South Africans spend on ICT?
South African households spent R91,6 billion on ICT products in 2012, contributing 4,6% of total household expenditure. This is one of the findings from the Information and Communication Technology satellite account for South Africa report, which provides an overview of the economic role of the ICT sector in South Africa, in terms of household expenditure, read more »
Producer inflation continues to fall
Headline producer inflation, which measures the change in prices of final manufactured goods, has continued to decline. The annual rate fell to 3,5% in January 2015, down from 5,8% in December 2014 and a peak of 8,8% in April 2014. Falling prices for coal and petroleum products continued to drive producer inflation down, while higher read more »
Economic growth slows in 2014
South Africa’s economy grew by 1,5% in 2014, down from 2,2% in 2013, according to preliminary estimates of real gross domestic product (GDP) released by Stats SA. Eight of the ten industry groups experienced some growth during the year, while two industries shrank in size. The industry that grew the fastest in 2014 was agriculture1, read more »
Producer inflation dips below 6% in December
Sharp decreases in the prices of manufactured petroleum products drove producer inflation down, from 6,5% year-on-year in November to 5,8% in December. However, there were noticeable increases in year-on-year prices for meat, tobacco and dairy products. Stats SA’s latest Producer Price Index publication, released on Thursday, 29 January 2015, shows that prices for final manufactured read more »
Manufacturing continues to disappoint as the South African economy grows by 1,4% in the third quarter
The manufacturing industry recorded the third consecutive quarter-on-quarter contraction in 2014, shrinking by 3,4% in the third quarter of 2014. In the second quarter manufacturing posted a growth rate of -4,0% and in the first quarter -6,4%. Â The other industry that recorded a negative growth rate in the third quarter was electricity, gas and water, read more »
Real gross domestic product (GDP) at market prices increased by 1,4 per cent during the third quarter of 2014
25 November 2014: 11:30 a.m. PRESS STATEMENT Real gross domestic product (GDP) at market prices increased by 1,4 per cent during the third quarter of 2014 The seasonally adjusted real GDP at market prices for the third quarter of 2014 increased by an annualised rate of 1,4 per cent compared with an increase of 0,5 read more »
Female employment in community and social services on the rise
The percentage of females employed in the community and social services sector (which includes government services) has shown the largest increase between 2001 and 2014, at just over 10%. The trade industry has shown the greatest decrease in the percentage of women employed (-9,8%), followed by the manufacturing (-3,5%) and agriculture (-2,2%) industries. This is read more »