Private sector turnover rises in the third quarter
Stats SA’s latest Quarterly Financial Statistics report provides detailed financial statistics on the private sector, for the quarter ending September 2015. How did business turnover fare over this period? The following short article covers key turnover statistics from the report. Total turnover Total turnover in the private sector increased by 3,3% in the September 2015 read more »
South Africa’s economy narrowly avoids recession
South Africa’s economy grew by 0,7% in the third quarter of 2015, according to preliminary estimates of real gross domestic product (GDP) released by Stats SA. Unless otherwise stated, growth rates are quarter-on-quarter, seasonally adjusted and annualised. After experiencing a 1,3% contraction in the second quarter, the marginal GDP growth in the third quarter staved read more »
Media Release: Private sector companies record turnover increases
Media Release                                                                                       17 November 2015 Private sector companies record turnover increases The total turnover for private sector enterprises1 operating in the South African economy increased by 10,9% to R7 766 625 million (R7,8 trillion) in 2014, from R7 001 362 million (R7,0 trillion) in 2013. For the reference period, turnover increased in read more »
SG attends 5th OECD World Forum on Statistics in Guadalajara Mexico
Challenges and opportunities in advancing human endeavor through SDGs: Guarding against the tyranny of technology and numerology Pali Lehohla Statistician-General South Africa 5th OECD World Forum on Statistics, Knowledge and Policy Guadalajara Mexico 13-15 October 2015 The Sustainable Development Goals (SDGs) present the last opportunity for the universe to mend its ways and advance human read more »
Electricity, Gas and Water Supply Industry (2013): Increase in income and employment in electricity, gas and water supply industry
Media Release Income The total income for the electricity, gas and water supply industry in 2013 was R181,2 billion. The largest contributor to the total income was ‘generation, transmission and distribution of electricity’ (R150,2 million or 82,8%), followed by ‘collection, purification and distribution of water’ (R22,1 billion or 12,2%) and ‘manufacturing and distribution of gaseous read more »
Turnover and capital investment in the private sector rise
Total turnover in the private sector increased by 1,6% in the quarter ended June 2015 compared with the quarter ended March 2015, according to Stats SA’s latest Quarterly financial statistics report. The electricity, mining, trade, manufacturing and transport sectors reported increases in turnover, while decreases were recorded for construction, community services (excluding government institutions) and read more »
Non-agricultural formal employment decreases by a small margin in the second quarter
The number of employees in the formal non-agricultural sector of the South African economy decreased from an estimated 8 945 000 in March 2015 to an estimated 8Â 944 000 in June 2015.This reflected a quarterly decrease of 1 000 employees. The quarterly decrease was mainly due to decreases in employment reported by manufacturing industry which read more »
Real gross domestic product (GDP) at market prices decreased by 1,3 per cent during the second quarter of 2015
The seasonally adjusted real GDP at market prices for the second quarter of 2015 decreased by an annualised rate of 1,3 per cent compared with an increase of 1,3 per cent during the first quarter of 2015. The main contributors to the decrease in economic activity for the second quarter of 2015 were the manufacturing read more »
South Africa’s economy contracts in the second quarter of 2015
South Africa’s economy contracted by 1,3% (seasonally adjusted and annualised) in the second quarter of 2015, according to preliminary estimates of real gross domestic product (GDP) released by Stats SA. The quarter-on-quarter decrease in overall economic activity was characterised by five of the ten main industry groups shrinking in size, while the other five experienced read more »
Non-agricultural formal employment decreases in the first quarter
The March 2015 Quarterly Employment Statistics (QES) survey showed that total formal non-agricultural employment decreased by 44 000 jobs from 8 986 000 in the fourth quarter of 2014 to 8 942 000 in the first quarter of 2015. This is a quarterly decrease of 0.5 %. The quarterly decrease was mainly due to decreases read more »