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Stats Biz – May 2023

The South African economy expanded by 0,4% in the first quarter of 2023, with manufacturing and finance being the major drivers of growth on the supply side of the economy. The demand side was lifted by exports, with smaller positive contributions for household, government, and investment spending. Explore the latest gross domestic product (GDP) figures,   read more »


South African economy expands by 0,4%

South African economy expands by 0,4%

After contracting by a revised 1,1% in the fourth quarter of 2022, real gross domestic product (GDP) edged higher in the first quarter of 2023 (January‒March), expanding by an estimated 0,4%.1 The manufacturing and finance industries were the major drivers of growth on the supply side of the economy. The demand side was lifted by   read more »


Coega Special Economic Zone Income was R14,3bn in 2021

MEDIA RELEASE                                                                                                    21 April 2023                                                                                           read more »


South African GDP grows by 1,6%

South African GDP grows by 1,6%

After contracting by 0,7% in the second quarter of 2022, the economy rallied in the third quarter, expanding by 1,6%.1 The agriculture, finance, transport and manufacturing industries were the main drivers of growth on the supply side of the economy. The demand side of the economy was lifted by a rise in exports and government   read more »


After two years, GDP returns to pre-pandemic levels

After two years, GDP returns to pre-pandemic levels

South African gross domestic product (GDP) expanded by 1,9% in the first quarter of 2022, representing a second consecutive quarter of upward growth.1 The size of the economy is now at pre-pandemic levels, with real GDP slightly higher than what it was before the COVID-19 pandemic. This release covers the first quarter of the year   read more »


Stats Biz – May 2022

Economically, no country is an island. Just as a household cannot produce all that it needs on its own, South Africa depends on global trade for a range of goods and services. Data from the latest supply and use tables (SUTs) provide insight into those products that are imported, exported, and consumed by households. Explore   read more »


Going with the flow: Tracking products through our economy

Going with the flow: Tracking products through our economy

Economically, no country is an island. Just as a household cannot produce all that it needs on its own, South Africa depends on global trade for a range of goods and services. Take crude petroleum. Figure 1 tracks oil-related transactions across our economy, showing where crude petroleum comes from and where it ends up. The   read more »


The South African economy records a positive fourth quarter

The South African economy records a positive fourth quarter

Real gross domestic product (GDP) grew by 1,2%1 in the fourth quarter (October–December), taking the annual growth rate for 2021 to 4,9%. The fourth quarter was upbeat, with personal services, trade, manufacturing and agriculture the key drivers of growth. An increase in demand for goods and services drove up the expenditure side of the economy,   read more »


Third wave of COVID and civil disorder pummel economy as GDP falls by 1,5%

Third wave of COVID and civil disorder pummel economy as GDP falls by 1,5%

Under the twin pressures of tighter COVID-19 lockdown restrictions and a spate of civil disorder in July, as well as several other headwinds, the South African economy contracted in the third quarter of 2021 (July–September). After recording four consecutive quarters of positive growth, real gross domestic product (GDP) slumped by 1,5%1, eroding some of the   read more »


Four facts about the mining industry (2019)

Four facts about the mining industry (2019)

In the third of four detailed industry reports released this month, Stats SA takes a deep dive into the mining industry. The report, which covers the results of a census conducted in 2019, provides detailed statistics on mineral production, finances, employment, and exports and imports. The mining census was conducted previously in 2012 and 2015.   read more »


Report-01-42-07 - Export and Import Unit Value Indices: Sources and methods

This manual is designed to provide users with a comprehensive understanding of the methods and sources used in the compilation of the export and import unit value indices (XMUVI) for South Africa. read more »


P0142.1 - Producer Price Index (PPI)

This publication contains results of the monthly Surveys of Prices of Locally Produced Commodities (which are locally sold or exported). These indices for commodities are classified to designated industries of the South African economyread more »


P0142.7 - Export and import unit value indices

Export and import unit value indicesread more »


Report-00-80-01 - Business impact of the COVID-19 pandemic in South Africa

The report contains results from a rapid response survey, conducted by Stats SA during the lockdown, asking companies how the current crisis is affecting their business. The results focus on financial performance related to the trading status, business impact, turnover, import and export of goods, purchases, price changes, financial burden and assistance, business survival, and workforce of businesses. The indicators and analysis presented in the report depend on the responses received from businesses, which capture their perceptions and views of the COVID-19 and related impact.read more »


Report-00-80-03 - Results from Wave 2 survey on the impact of the COVID-19 pandemic on employment and income in South Africa

The report contains results from a rapid response survey, conducted by Stats SA during the lockdown, asking companies how the current crisis is affecting their business. The results focus on financial performance related to the trading status, business impact, turnover, import and export of goods, purchases, price changes, financial burden and assistance, business survival, and workforce of businesses. The indicators and analysis presented in the report depend on the responses received from businesses, which capture their perceptions and views of the COVID-19 and related impact.read more »


City of Tshwane

The City of Tshwane is the capital of South Africa and is the largest municipality, as measured by land mass. Tshwane is amongst the six largestmetropolitan municipalities in South Africa and the second largest in Gauteng, as measured by Gross Domestic Product (GDP). The Tshwane regioncovers 6 368km² of Gauteng’s 19 055km² and houses approximately 2,9million residents.Tshwane consists of seven regions with 105 wards and 210 councillors.

The City has a vibrant and diverse economy, which enables it to contribute at least 26,8% of the Gauteng Province’s GDP and 9,4% of the GDP of the national economy.  Tshwane is the administrative capital of South Africa and is home to the Union Buildings with government-related business playing an important role in the local economy.  As a result, the city is taking active measures to firmly position itself as Africa's leading capital city of excellence.  The municipality's main economic sectors are community services and government, followed by finance and manufacturing.  Metal products, machinery and household products are the largest sub-sectors within manufacturing.  The City has a well-established manufacturing sector, with the automotive industry representing the most significant component.

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uMhlathuze

uMhlathuze Local Municipality is situated on the north-eastern coast of KwaZulu-Natal. The city provides an attractive reference point and essential socio-economic amenities and facilities to most of the towns in the northern region.read more »


Mthonjaneni

In 1887, when the British government annexed Zululand, they established several magisterial districts. One district was Mthonjaneni, and the centre of the district was what is known today as Melmoth, named after Sir Melmoth Osborn, the first British Chief Native Commissioner for Zululand. Melmoth was essentially a 'gold rush town'.

At the turn of the century, gold was mined at the Melmoth Gold Fields, five kilometers out of town, but this was a short-term venture. Deserted diggings can still be found in some areas.

(Source: www.melmoth.co.za).

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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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Emalahleni

EmalahleniLocal Municipality is situated in Mpumalanga province, and it represents one of the six local municipalities in the Nkangala District Municipality. It forms part of the western regions of the province and borders Gauteng province. The southern parts of EmalahleniLocal Municipality form part of the precinct referred to as the Energy Mecca of South Africa, due to its rich deposits of coal reserves and power stations such as Kendal, Matla, Duvha and Ga-Nala. The southward road and rail network connect the Emalahleni area to the Richards Bay and Maputo harbours, offering export opportunities for coal reserves. It comprises of eMalahleni City as the main urban centre in the municipality, with the other activity nodes/towns in the municipal area represented by Ogies, Phola, Ga-Nala, Thubelihle, Rietspruit, Van Dyksdrift andWilge. (www.emalahleni.gov.za)

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Inflation

The Consumer Price Index (CPI) and Producer Price Index (PPI) are the two primary measures of inflation for South Africa. Both indicators are published on a monthly basis.The Consumer Price Index tracks the rate of change in the prices of goods and services purchased by consumers. The headline CPI is used as the inflation target measure which guides the South African Reserve Bank on the setting of interest rates.

The Producer Price Index tracks the rate of change in the prices charged by producers of goods. Stats SA publishes PPIs for different industries with the PPI for final manufactured goods being the headline PPI. Additional PPIs are compiled for Agriculture, forestry and fishing; Mining and quarrying; Electricity and water; Intermediate manufactured goods; Imports and Exports; and Construction.

The PPI is widely used by businesses as a contract escalator and as a general indicator of inflationary pressures in the economy.

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