Economic wrap-up for April 2024
After a bumper month in March, Stats SA’s publication schedule was quieter in April. The statistical agency published 20 releases, many of which provide an update on the state of the economy. Consumer inflation remains above 5% Annual consumer inflation declined to 5,3% in March after climbing for the first two months of the read more »
Most migrants to South Africa come from the SADC region for employment
Labour migration, the movement of individuals across the borders for employment purposes, is a fundamental aspect of the global economy and has profound social, economic, and political implications. According to the report, Migration profile report for South Africa: A country profile 2023 released by Statistics South Africa (Stats SA), most migrants entering South Africa originate read more »
Economic wrap-up for November 2023
Stats SA published 25 statistical releases in November. Here is a quick overview of the latest economic indicators. Employment surpasses pre-COVID-19 levels Covering a sample of about 30Â 000 households across the country, the Quarterly Labour Force Survey reported a rise in employment figures in the South African workforce. The economy created 399Â 000 jobs in the read more »
Discouraged Work-Seekers Decline in SA in Q3:2023
South Africa’s working-age population that are discouraged have shown a willingness to shift from being inactive to actively engaging in the labour market, either through employment or job-seeking efforts. This is evident in the results of the Quarterly Labour Force Survey (QLFS) for the third quarter of 2023. The number of persons who were not read more »
Economic wrap-up for October 2023
Stats SA published 25 statistical releases in October. Here is a quick overview of key economic indicators shaping the South African economy. Consumer inflation rises for a second consecutive month Inflation worries were stoked once again in September. The consumer price index (CPI), which reflects the changes in prices of a representative basket of goods read more »
Economic wrap-up for August 2023
Stats SA published 28 statistical releases in the month of August. Here is a monthly rundown of important economic indicators. Consumer and producer inflation continue to cool Inflation figures continue to provide some good news. Remaining on a downward path, consumer headline inflation slowed to its lowest reading in two years. The annual change in read more »
EBA spending on transport increases in 2021/22
Extra-budgetary accounts and funds (EBAs) involved in the transport sector increased their spending in the 2021/22 fiscal year. However, despite the rise, expenditure is still below pre-pandemic levels. South Africa’s 256 EBAs are public institutions. They form an important arm of general government, responsible for delivering services to the public on behalf of government. Examples read more »
Mbalo Brief – August 2023
According to the International Labour Organization’s (ILO) World Employment and Social Outlook (2020), the global working-age population was recorded at 5,7 billion in 2020 and of that, roughly 57,9% (3,3 billion) were employed persons. It resulted in approximately 2,3 billion of the working-age population who were either unemployed or not economically active. Furthermore, high global unemployment trends read more »
Equality in the job market still eludes women in SA
South Africa celebrates Women’s Month in August. 9 August commemorates the women’s march of 1956, a protest against the extension of Pass Laws to women, which sought to control rather than empower them. The 2023 theme for Women’s Month, ‘Accelerating Socio-Economic Opportunities for Women’s Empowerment’, calls for the heightening of socio-economic programs and activities across read more »
Economic wrap-up for July 2023
If you’ve missed any recent economic data from Stats SA, we’ve got you covered. Here is a quick rundown of what you need to know. These cities rule our manufacturing industry It’s not often that industry data are published for districts. Detailed spatial data require large surveys with large samples, which can be expensive. That read more »