When Stats SA published data in 2018 showing that one in every 22 working South Africans are employed in the tourism sector, it also provided additional tables showing how the tourism workforce is structured. For the inquiring mind, these lesser-known tables on employment appear in the second half of the latest Tourism Satellite Account for   read more »

Some good news in trying times. After two consecutive years of decline, South African businesses recorded a 49% increase in net profit before tax in financial 2017, according to Stats SA’s latest Annual financial statistics (AFS) survey. The mining industry was the largest contributor to this rise. The success of a business generally depends on   read more »

The South African economy grew by 2,2% quarter-on-quarter in the third quarter of 2018, bringing to an end the country’s second recession since 1994. Higher contributions to growth in a number of industries – most notably in manufacturing, transport as well as finance and business services – were enough to lift economic growth back into   read more »

The South African economy grew by 2,2% quarter-on-quarter (seasonally adjusted and annualised) in the third quarter of 2018, bringing to an end the country’s second recession since 1994. Higher contributions to growth in a number of industries – most notably in manufacturing, transport as well as finance and business services – were enough to lift   read more »

Media release                                                                                                  20 November 2018  Private sector companies record turnover increases The total turnover for private sector enterprises1 operating in the South African economy increased by 6,0% to R9 369 199 million (R9,4 trillion) for 2017 from R8 836 493 million (R8,8 trillion) in 2016. For the reference period, turnover increased in all industries covered in the Annual   read more »

Indicative of an economy under strain, expenditure by general government increased by just 4,7% from 2015/16 to 2016/17. This is the lowest annual rise in spending on record since 2005/06, when Stats SA started publishing the current series of its Financial statistics of consolidated general government report. The latest financial data provide an updated picture   read more »

South Africa commemorates National Disability Rights Awareness Month from 3 November to 3 December annually, with National Disability Rights Awareness Day celebrated on 3 December. According to the World Health Organization (WHO), disability refers to impairments, activity limitations, and participation restrictions. An impairment may be physical, cognitive, mental, sensory, emotional or developmental and may be   read more »

South Africa’s official unemployment rate is on the increase. In the past 10 years (2008–2018), the unemployment rate has increased from 21,5% to almost 28,0%. Unemployment refers to those persons who were not employed, had taken steps to look for a job or to start a business and were available to take up a job   read more »

MEDIA ADVISORY                                                                                25 October 2018   Global poverty eradication initiatives and measurement of poverty to be reviewed   Ministers, Vice Ministers, Heads of Statistics, policy-makers from national governments as well as regional and international agencies, will gather at the 6th Annual High-Level Meeting of the Multidimensional Poverty Peer Network (MPPN) to be held from 30   read more »

About 14% of total spending, according to recent figures. A quick review of the data shows that this proportion has remained relatively stable over the last decade. In the second quarter of 2009, employment costs contributed 15% of total expenditure in the formal business sector. Although there hasn’t been a major change over time for   read more »