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GDP falls by 2,0%

GDP falls by 2,0%

The South African economy recorded its third consecutive quarter of economic decline, falling by 2,0% (seasonally adjusted and annualised) in the first quarter of 2020.1 This followed a contraction of -1,4% and -0,8% in the fourth and third quarters of 2019, respectively. The results presented here cover the period 1 January 2020 to 31 March   read more »


Business under lockdown: Pressure might be easing

Business under lockdown: Pressure might be easing

During the final two weeks of Level 5 lockdown, almost half of the businesses responding to our impact survey indicated that they had temporarily ceased trading. During Level 4, this fell to one-fifth, according to a follow-up survey. Other indicators from the Level 4 survey show a similar pattern as the economy returns to full   read more »


A 110-year-old trade venture

A 110-year-old trade venture

It’s fascinating to think that one of the earliest experiments in free trade happened right here in southern Africa. Exactly 110 years ago this month, the Southern Africa Customs Union (SACU) was born. We explore data showing how the region depends on the oldest surviving trading bloc in the world. On 31 May 1910, South   read more »


Vulnerability of youth in the South African labour market

Vulnerability of youth in the South African labour market

The results of the Quarterly Labour Force Survey (QLFS) for the first quarter of 2020 indicate that employment decreased by 38 000 to 16,4 million and the number of unemployed persons increased by 344 000 to 7,1 million. As a result, the official unemployment rate increased by 1 percentage point to (30,1%) compared to the fourth quarter   read more »


Inflation the lowest in almost 15 years

Inflation the lowest in almost 15 years

Annual CPI inflation for April reflects the impact of the first month of the COVID-19 lockdown. The rate dropped to 3,0% in April from 4,1% in March, the lowest reading since June 2005 when the rate was 2,8%. Consumer inflation is now at the bottom of the South African Reserve Bank (SARB) target range of   read more »


Loss of income resulting from the COVID-19 pandemic may lead to higher levels of food insecurity SA

Loss of income resulting from the COVID-19 pandemic may lead to higher levels of food insecurity SA

Statistics South Africa (Stats SA) has embarked on a series of three online web-based surveys to measure the impact of the COVID-19 pandemic on individuals in the country to assist government and other stakeholders in their response to the crisis. The second round of the survey (Wave 2) focused on employment, income and hunger-related issues   read more »


COVID-19: Deflation of essential product prices during Level 5 lockdown

COVID-19: Deflation of essential product prices during Level 5 lockdown

The prices of essential products decreased by 0,5% during the COVID‑19 Level 5 lockdown in April. The index increased in the first week of April but then dropped in each of the three successive weeks. The change in the week 23‒30 April was -0,7%. This is the final report of the weekly essential products price   read more »


COVID-19: Nine in ten businesses report reduced turnover

COVID-19: Nine in ten businesses report reduced turnover

The second wave of Stats SA’s COVID-19 business impact survey provides an update on how South African businesses are currently faring under lockdown. The first impact survey covered the period 30 March to 13 April 2020, and the results were published on 21 April.1 The survey asked firms in the formal sector how the COVID-19   read more »


COVID-19:  Greater concern about economic collapse than health

COVID-19: Greater concern about economic collapse than health

Statistics South Africa (Stats SA) has embarked on a series of three online surveys to measure the impact of the COVID-19 pandemic on households in the country. This report is the first wave in the series and focuses on health-related aspects in terms of behaviour, knowledge and perceptions with regard to COVID-19. The survey was   read more »


COVID-19: Weekly deflation of essential products continues

COVID-19: Weekly deflation of essential products continues

The prices of essential products decreased by 0,1% between the weeks ending 16 and 23 April after decreasing by 0,2% the previous week. The essential products consumer price index (EP–CPI) has increased by 0,2% since weekly data was first collected at the beginning of the lockdown in the week ending 2 April. This article covers   read more »


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Magareng

Magareng Local Municipality is situated in the Northern Cape province and lies within the boundaries of the Frances Baard District Municipality. Warrenton, the administrative centre of Magareng Local Municipality, is situated approximately 75 km north of Kimberley on the banks of the Vaal River. The Magareng Local Municipality was established on 5 December 2000 after the amalgamation of Warrenton TLC with portions of Hartswater TLC and Vaal River TRC (NC093 Magareng IDP). The area of jurisdiction is approximately 1 542 km² in extent and accommodates approximately 24 204 people (Census 2011).read more »


Phokwane

Phokwane Local Municipality incorporates the previous municipal areas of Hartswater, Jan Kempdorp, Ganspan and Pampierstad. The Phokwane Municipality is named after Queen “Phokwane”, the wife of Kgosi Galeshewe of the Barolong boo Ra-Tlhaping tribe. Phokwane is nestled in the lush green delta of the Hartswater region and boasts the second largest irrigation scheme in the Southern Hemisphere, namely the Vaalharts Irrigation Scheme. The municipality has a total population of 61 321 inhabitants of whom the majority is found in the peri-urban areas of the municipality. A significant characteristic of the Phokwane population is the youth who account for 33% (ages 15–34) of the total population. The economy of Phokwane is based on agriculture, community development, retail, private household and informal sectors. These five sectors alone provide jobs to 11 160 persons within the municipal area. This accounts for 65% of employment within Phokwane. In terms of agriculture Phokwane exports grape, citrus and olive products. The dominant languages in the area are Setswana, Afrikaans and Isixhosa with each of the languages having 70%, 25% and 5% users respectively.  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).

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Ga-Segonyana

Ga-Segonyana Municipality is a former cross-boundary municipality with areas in the Northern Cape and North West.  The municipal jurisdiction consists of 33 residential areas within a radius of approximately 80 km in and around Kuruman, and has approximately 75 000 residents.  The municipality’s economy is mainly based on the surrounding mining and agricultural activities.

The municipal seat, Kuruman, is situated on the Namaquari route, forming part of the main route between Gauteng and Namibia and Cape Town via Upington.  The name Ga-Segonyana means a small calabash with bubbling water.

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Matzikama

Matzikama Municipality is the most northern of the local municipalities under the West Coast District. The municipality covers an area just more than 5 000 km2 between the N7 freeway north and the Atlantic Ocean. Translated as 'place of water', Matzikama is roughly 240km north of the City of Cape Town and includes the towns of Vredendal, Lutzville and Van Rhynsdorp. (http://www.westerncapebusiness.co.za).

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