Public-sector infrastructure investment falls for a third year
The economic downturn and reduced levels of government infrastructure investment have taken a heavy economic toll on capital spending by the public sector. Public-sector spending on infrastructure (referred to as capital expenditure) decreased for a third consecutive year, falling from R250 billion in 2018 to R231 billion in 2019 according to Stats SA’s latest Capital expenditure by read more »
SA economy sheds 2,2 million jobs in Q2 but unemployment levels drop
The South African economy shed 2,2 million jobs in the second quarter of 2020, according to the latest Quarterly Labour Force Survey Quarter 2: 2020 results, released by Statistics South Africa on 29 September 2020. The results indicate that the number of employed persons decreased by 2,2 million to 14,1 million in the 2nd quarter read more »
Steep slump in GDP as COVID-19 takes its toll on the economy
The punch in the gut was severe. Perhaps the second quarter of 2020 will become known as the pandemic quarter. South Africa’s economy suffered a significant contraction during April, May and June, when the country operated under widespread lockdown restrictions in response to COVID-19. Gross domestic product (GDP) fell by just over 16% between the read more »
EBA spending on transport declines
The South African National Roads Agency Limited (SANRAL) and the Gautrain Management Agency were two of five transport institutions that cut spending in 2018/19. Total expenditure by extra-budgetary accounts and funds (EBAs) involved in transport fell by 3,5%, from R32,0Â billion in 2017/18 to R30,9Â billion in 2018/19.1 This is according to the latest Financial statistics of read more »
Baking bad during lockdown
You’ve waited too long. Your friends have tried it, you’ve seen the videos, you’re feeling the FOMO. You roll up your sleeves – it is time to bake your own lockdown bread. The kitchen is ready. The ingredients are all set out. Two cups of boiling water – check! Instant yeast, brown sugar, salt, flour read more »
Mobility and migration in SA during the COVID-19 lockdown
Statistics South Africa (Stats SA) has released the third and final round of a series of three online web-based surveys to measure the impact of the COVID-19 pandemic on individuals in the country. The third round of the survey (Wave 3) focused on migration and education issues for persons residing in South Africa who are read more »
Working capital: How do municipalities fare?
How many South African municipalities are in a position to pay back short-term debt? Stats SA’s latest Financial census of municipalities report provides an answer. One way to gauge a business or government institution’s ability to pay back short-term debt is to inspect the working capital ratio. The working capital ratio is a financial indicator. read more »
2020 Mid-year population estimates
Media release                                                                                                                         9 July 2020 2020 Mid-year population estimates South Africa’s mid year population is estimated to have increased to 59,62 million in read more »
Protecting South Africa’s elderly
Statistics South Africa (Stats SA) estimates the mid-year population 2020 at 59,62 million in South Africa. Around 51,1% (approximately 30,5 million) of the population is female, while 5,43 million people are aged 60 and over. Demography gives us an awareness of the fact that we live in increasingly aging populations. In South Africa, the growth read more »
South Africa’s poor little children
In 2015, the South African population was estimated at 55 million people, of which 19,7 million were children aged less than 18 years (0–17). According to a new report released by Statistics South Africa, Child poverty in South Africa: A Multiple Overlapping Deprivation Analysis, more than 6 out of 10 (62,1%) children aged 0–17 years read more »