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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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Thulamela

Thulamela Local Municipality is a category B municipality established in terms of the Local Government Structures Act number 117 of 1998. Thulamela Local Municipality is one of the four local municipalities comprising Vhembe District Municipality. It is the eastern most local municipality in the district. The Kruger National Park forms the boundary in the east. The municipality borders Mutale Municipality in the north-east and Makhado Municipality in the south-west. 47,7% of the entire Vhembe district’s population lives in Thulamela Local municipality. More than 85% of the people in this municipality live in tribal areas.read more »


Makhado

Named after a 19th century vhaVenda king, Makhado, who ruled the area for many years, this is a fertile region where litchis, bananas, mangoes and nuts are produced. The national road (N1) runs through the town.

Makhado is situated in a highly fertile, rapidly growing agricultural area; the town has become one of Limpopo's premier business and tourist destinations and is the perfect springboard from which to visit the Songozwi sacred burial site of the vhaVenda, as well as Makhado's 'office', a secluded cave from where the chief conducted his campaign against the Voortrekkers.

The well-known town of Louis Trichardt is situated at the foot of the Soutpansberg mountain range in Limpopo and was developed from the Voortrekker settlement in the area. It was named after the leader Louis Trichardt, who moved away from British rule in the Cape and arrived here in 1836.

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Modimolle

Modimolle Local Municipality is named after the Modimolle mountain. The word Modimolle literally means "the forefather's spirit has eaten" (Modimo o lle). According to tradition, it often happened that someone would climb the mountain, only to disappear without a trace.

 The original name was Nylstroom, named so after the Voortrekkers had come across the north-flowing river and mistook it for the Nile River in Egypt. The fact that there is a pyramid-shaped hill close by only served to strengthen this misconception.

Modimolle, Limpopo, South Africa is a charming town with an expanding business sector which serves as the commercial centre of the Waterberg. Nylstroom (Modimolle) is famous for its export of grapes and other soft fruits like peaches and watermelons.

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Bela-Bela

Belabela is home to one of the world’smost famous hot mineral water springs, bubbling 22 000 litres per hour, with a temperature of 53°C.The natural hot water is rich in sodium chloride, calcium carbonate and other salts that have healing properties.Belabelaremains one of the most popular health and holiday resort towns in South Africa and a preferred destination for local and foreign tourists.The area has pleasantly mild climate during the winter months and an average of 286 sunny days per year,which adds to the popularity of the destination.

Geographically, BelabelaLocal Municipality is strategically positioned in the Waterberg District Municipality of the Limpopo province. Belabela shares borders with Gauteng, Mpumalanga and North West provinces. South Africa’s famous national route, N1, runs through the municipality and the town’s main Central Business District (CBD) area is only 10km away from this major route. Belabelais 174 km from the provincial capital Polokwane.

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Dipaleseng

Dipaleseng Local Municipality is situated in the southern part of the GertSibande District Municipality. Balfour is located in the heart of world-renowned coalfields and the Goldfields belt. This modern and predominantly industrial town is located in close proximity (80km) to the nationally well-known industrial areas of Johannesburg. The Balfour/Siyathemba urban area is 340km from Nelspruit and 80km from Johannesburg. The internationally known abattoir, the “biggest abattoir in Africa”, is found in Dipaleseng (Balfour town), with a vast number of by-products including inorganic chemicals, fertilizers, etc.being manufactured in the area.

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