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GDP declines in the fourth quarter

GDP declines in the fourth quarter

After rallying in the third quarter of 2022, South African gross domestic product (GDP) declined by 1,3% in the fourth quarter (October‒December).1 Growth was dragged lower mainly by finance, trade, mining, agriculture, manufacturing and general government services. Finance and trade the biggest drags on growth Seven of the ten industries contracted in the fourth quarter.   read more »


South African GDP declines by 0,7%

South African GDP declines by 0,7%

After two consecutive quarters of positive growth, real gross domestic product (GDP) decreased by 0,7%1 in the second quarter of 2022 (Q2: 2022). The devastating floods in KwaZulu-Natal and load shedding contributed to the decline, weakening an already fragile national economy that had just recovered to pre-pandemic levels. Manufacturing the biggest drag on GDP The flooding   read more »


Municipal finances and electricity: 11 years in perspective

Municipal finances and electricity: 11 years in perspective

Rising prices are hitting consumers hard, and the cost of electricity is no different. Municipalities play a significant role in the distribution of electricity in South Africa. Acting mostly as intermediaries, municipalities buy electricity from Eskom and then resell it to businesses, homes and other institutions. Eskom tariffs and purchases and sales of electricity A   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 »


Population numbers to redefine our country and its dispensation

Media Release                                                                            10 October 2021   Population numbers to redefine our country and its dispensation The night of October 9/10th marks a decade since the last population census was rolled out in all areas across the country and it serves as countdown to the next population count in February 2022. A census night is a   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 »


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 »


GDP rises in the first quarter of 2021

GDP rises in the first quarter of 2021

The South African economy grew by 1,1% in the first quarter of 2021 (January–March), translating into an annualised growth rate of 4,6%.1 This follows a revised 1,4% (annualised: 5,8%) rise in real gross domestic product (GDP) in the fourth quarter of 2020. The finance, mining and trade industries were the main drivers of output on   read more »


The peaks and troughs of municipal income

The peaks and troughs of municipal income

For many of us who are fortunate enough, things just work. Turn on a tap, and water flows. Flip a switch, and there is light. We often take for granted the extremely complex system that provides us with services every day. Local government is a vital cog in this system. South Africa’s 257 municipalities are   read more »


When talking economics, consider the provinces

When talking economics, consider the provinces

Economic growth is often quite lumpy. A national measure of gross domestic product (GDP) is useful to gauge how a country is doing as a whole. Still, it misses the fact that economic activity varies across towns, cities and regions. Stats SA’s most recent quarterly GDP release provides national data for the entire year of   read more »


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Bela-Bela

Belabela is home to one of the world’smost famous hot mineral water springs, bubbling 22 000 litres per hour, with a temperature of 53°C.The natural hot water is rich in sodium chloride, calcium carbonate and other salts that have healing properties.Belabelaremains one of the most popular health and holiday resort towns in South Africa and a preferred destination for local and foreign tourists.The area has pleasantly mild climate during the winter months and an average of 286 sunny days per year,which adds to the popularity of the destination.

Geographically, BelabelaLocal Municipality is strategically positioned in the Waterberg District Municipality of the Limpopo province. Belabela shares borders with Gauteng, Mpumalanga and North West provinces. South Africa’s famous national route, N1, runs through the municipality and the town’s main Central Business District (CBD) area is only 10km away from this major route. Belabelais 174 km from the provincial capital Polokwane.

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Naledi

Naledi Local Municipality (NW392) covers a total area of approximately 7,258 km². This land mass is 15% of the total area of the Dr. Ruth S Mompati District Municipality area. The administrative centre of the municipality is in the town of Vryburg. The town of Vryburg is considered the agricultural and industrial centre of Dr Ruth S Mompati District Municipality. The town is the host to the 3rd largest agricultural show in South Africa, namely Vryburg Show, which attracts farmers from almost all provinces in the country as well as farmers from the neighbouring countries such as the Republic of Namibia and Botswana. This makes the municipality the main employer within the district and most significant contributor to GDP. Naledi Local Municipality is separated into five main places, namely, Vryburg town, Huhudi township, Colridge township, Stella, Devondale and Dithakwaneng village. The municipal area is surrounded by the other three local municipalities within the district, namely, Greater Taung Municipality (70km), Kagisano Molopo Municipality (70km) and Mamusa Municipality(70km). The town of Vryburg is about 140km away from Kuruman town in the Northern Cape Province and 160km from Mahikeng municipality, the administrative centre of the North West Province. The municipality is divided into 9 administrative wards and has a total of 18 ward councillors (ward councillors and their assistants/PR councillors).  read more »


Siyathemba

Siyathemba Local Municipality is a local municipality in the PixleykaSeme District Municipality in the Northern Cape Province of South Africa.Siyathemba Municipality is a Category B Municipality (NC077), established in 2001, in accordance with the demarcation process. The municipality is located within the central eastern parts of the Northern Cape Province on the banks of the Orange River, and falls within the boundaries of the PixleykaSeme District. The nearest business centre is Kimberley, which is about 220km away. Siyathemba Municipality was initially made up of three entities, namely, Prieska, Marydale and Niekerkshoop. After demarcation the area was extended to include not only the towns and surrounding suburbs of Marydale, Niekerkshoop and Prieska but also Copperton.The municipal area encompasses a geographic area of approximately 8,200km², which implies that Siyathemba Municipality accounts for 8% of the total district surface area and approximately 3% of the provincial area. The municipality is divided into 4 Wards.read more »


//Khara Hais

//Khara Hais Local Municipality is a Category B municipality and is located in the Siyanda District Municipality, which is the second-largest district in the Northern Cape. It is the acknowledged commercial, educational, military, agricultural, medical, transport and tourist center of the area. The unusual spelling of the name of the local municipality, with the // glyph, is a result of the transcription of the click consonant used in the Kxoe language from which the name originates.

The municipality straddles the Orange River. The main towns in this area are Upington, Raaswater, Louisvale, Kalksloot, Leerkrans, Karos and Lambrechtsdrift. Upington is the central town situated 400km west of Kimberley. Upington has an airport and a landing strip. This town plays a very prominent role in the lives of the residents of this local municipality. Upington was established in the 1870s when the Reverend Christiaan Schroder was sent from Cape Town to establish a mission at the request of the Hottentots chieftain Klaas Lucas, who realized the importance of being able to read and write. Shortly after the establishment of the Mission, various pioneer settlers including Japie Lutz and the Reverend Schroder realized that the area was ideal for irrigation development and the first irrigation canals were hand-dug in 1880 - some of which are still in use today. Since then, Upington grew rapidly today, Upington is the Provincial Capital for the Northern Cape Province and as such has taken on a new and important role in the development of the whole region.

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Tsantsabane

Tsantsabane Local Municipality is located within the north-eastern parts of the Northern Cape Province, and falls within the boundaries of the Siyanda District Municipality. Tsantsabane was the original name given to the town by the Batswana because of the presence of many shiny stones (e.g. the hematite). The nearest business centre is Kimberley, which is about 200km away. The municipality's main town is Postmasburg. Three main traffic routes provide access to other cities, namely Johannesburg via Kuruman and the Kalahari and Cape Town via Kimberley. The rest of the Tsantsabane Municipality area comprises of Boichoko, Postdene, New Town, Stasie, Groen Water, Skyfontein, Jean Heaven, the new established settlement brought about by the land redistribution called Marenane, and the well-known Lohatlha Army Battle SchoolCities/Towns: Beeshoek and Postmasburg. Area: 18,333km².read more »


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