The South Africa I know,

The Home I Understand

Results for: interest rates

New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

In September 2023, Statistics South Africa (Stats SA) published the results of a number of monthly surveys, which are based on new samples. These are: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages;   read more »


Government spending breaches R2 trillion

Government spending breaches R2 trillion

South African government spending broke the R2 trillion mark in the 2020/21 financial year. Large increases in expenditure were recorded for social protection, health, and general public services as the country battled the COVID-19 pandemic. At the same time, total revenue declined on the back of lower taxes received. The Financial statistics of consolidated general government   read more »


New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

In September 2022, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport.   New samples for   read more »


Provincial government finances: the impact of COVID-19

Provincial government finances: the impact of COVID-19

South Africa’s 122 provincial government departments spent R613,6 billion in 2020/21, according to the latest Financial statistics of provincial government statistical release. This is R16,9 billion more than the R596,8 billion recorded in 2019/20, representing a rise of 2,8%.1 The 2,8% rise is muted compared with the previous three years that recorded increases of around 7,0%. A closer   read more »


South African Statistics Council: Statement on Census in Western Cape

The South African population census of 2022 is nearing the end of mop-up activities, namely chasing down missed appointments, or reminding people to complete their online census, and so on. For the most part, the South African Statistics Council is encouraged by good rates of completion despite rains and flooding, Covid, the lack of rental   read more »


Seasonal adjustment: what is it, and why is it important?

Seasonal adjustment: what is it, and why is it important?

In April and May 2022 Stats SA is updating its seasonal adjustment models for monthly business cycle indicators, namely mining, manufacturing, electricity, building, wholesale, retail, motor, tourist accommodation, food & beverages, land transport, and civil cases for debt. What is seasonal adjustment, and why is it so important for measuring and analysing the economy? We   read more »


An overview of government spending

An overview of government spending

Total South African government spending flirted with the R2 trillion mark in the 2019/20 financial year, according to data published by Stats SA. The data, recently published in the Financial statistics of consolidated general government statistical release, covers the period before the COVID-19 pandemic, providing a benchmark for when comparable pandemic-era data become available. The South   read more »


New samples for monthly business cycle indicators

New samples for monthly business cycle indicators

Introduction In September 2021, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport. New samples for   read more »


The nature of South Africa’s protected area estate

The nature of South Africa’s protected area estate

Protected areas are national assets that serve as nodes in South Africa’s ecological infrastructure network, protecting ecosystems that deliver important services to people, such as the production of clean water, flood moderation, prevention of erosion, and the aesthetic value of the landscape. They provide a home for the country’s most iconic species as well as   read more »


A new and improved GDP is here!

A new and improved GDP is here!

Stats SA has finalised a comprehensive overhaul of its national accounts. The latest gross domestic product (GDP) rebasing and benchmarking exercise has resulted in an upward revision in the size of the economy, as well as changes to the composition of the supply and demand sides of economic activity. Remaining relevant is key Any statistical   read more »


P0141.5 - Consumer Price Index (CPI): Weights

This statistical release contains the weights for the historical metropolitan areas in total according to the new weighting structure of the CPI following rebasing. The weights for the various expenditure groups as well as for the pensioners index, core inflation index and the CPIX (CPI, excluding interest rates on mortgage bonds) are presented in this statistical release.read more »


P0141.5 - Consumer Price Index (CPI): Weights

This statistical release contains the weights for the historical metropolitan areas in total according to the new weighting structure of the CPI following rebasing. The weights for the various expenditure groups as well as for the pensioners index, core inflation index and the CPIX (CPI, excluding interest rates on mortgage bonds) are presented in this statistical release.read more »


P0141.2 - Consumer Price Index: Rural areas and total country

This release contains results of the monthly Survey of Consumer (Retail) Prices. The purpose of the survey is to collect and provide information regarding changes in the overall level of prices of all goods and services bought by the average household. This publication contains the CPI (Inflation) rates. As from the January 2007 publication the P0141.1 Consumer Price Index (CPI) - Headline and the P0141.2 Consumer price Index (CPI) - Rural areas and total country are combined into this one publication.read more »


P0141.1 - Consumer Price Index - Headline

This release contains results of the monthly Survey of Consumer (Retail) Prices. The purpose of the survey is to collect and provide information regarding changes in the overall level of prices of all goods and services bought by the average household. This publication contains the CPI (Inflation) rates. As from the January 2007 publication the P0141.1 Consumer Price Index (CPI) - Headline and the P0141.2 Consumer price Index (CPI) - Rural areas and total country are combined into this one publication.read more »


DiscussCPIRural - Consumer Price Index

This discussion paper contains findings based on the CPI for rural areas as well as for the total country. This is based on the prices monitored in the smaller towns, as no pricing surveys are undertaken in the rural areas. read more »


Mpofana

The Mpofana Municipality is strategically located along the national N3 highway and is approximately 70 km from Pietermaritzburg. The Mooi River sits at the heart of the Midlands Meander with interesting attractions such as the Linen Loft and Sharrow Weaving. Stretches of the river offer boating facilities whilst the upper reaches are a fly fisherman's paradise. Further upstream, the Mooi River Falls are a marvellous site to watch when the river is flooded. The predominant occupation in the area is agriculture, with a wide range of agricultural products being produced. Dairy and stock farming are, however, the main farming activities (uMgungundlovu District Municipality IDP 2012/13).read more »


Joe Morolong

The Joe Morolong Local Municipality was established in 2000 and serves 15 wards, most of which are rural. Although unemployment is high, the municipality has great potential for developers, especially those interested in ecotourism and conservation.

The municipal area is approximately 5 813 km² in size. Joe Morolong Local Municipality is part of the John Taolo Gaetsewe District Municipality. The municipality strives to deliver basic services to its community by ensuring that there is water, sanitation and electricity.

(Source: www.localgovernment.co.za).

read more »


Stellenbosch

Stellenbosch Local Municipality (also known as Stellenbosch Municipality) in the Western Cape is the local municipality that governs the towns of Stellenbosch, Franschhoek and Pniel, and the surrounding rural areas. It covers an area of 831 km2 (321 sq mi) (Source: en.wikipedia.org). The 900 km2 municipal area is internationally renowned for its beautiful environment, many places of interest, wine farms, street cafes, restaurants, quality wines, historical buildings and excellent educational institutions. The major portion of the area is utilised for agriculture (mainly wine production) and it includes the towns of Stellenbosch, Franschhoek and settlements such as Klapmuts, Koelenhof, Kylemore, Johannesdal, Pniel, Jamestown and Raithby. Stellenbosch town is 50 km to the east of Cape Town and is – after Cape Town – the oldest town in South Africa. (Source: www.stellenbosch.gov.za).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.

read more »


Jozini

Jozini Local Municipality is under Umkhanyakude District Municipality, located in the north eastern part of Kwazulu Natal.  The municipality shares a border with Swaziland to the west and Mozambique to the north.  It  covers 3057 km² of the total  area  of Umkhanyakude  District Municipality.  Jozini was predominatly a rural municipality with 89% of the population residing in rural areas under the jurisdiction of tradional authorities. Main towns *** Census 2011 reveals that Jozini is the most populated municipalty within Umkhanyakude making up (186 502) 29.8% of the Umkhanyakude District. Jozini has a large dam constructed on the Phongola River on the eastern end of a narrow gorge separating the Lebombo  and Ubombo mountains.  The main towns include Ingwavuma, Jozini, uBombo, Bhambanana, Mkuze and Ndumo.read more »


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.

read more »