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The formal non-agricultural sector sheds 16 000 jobs in September 2018

The formal non-agricultural sector sheds 16 000 jobs in September 2018

The Quarterly Employment Survey (QES) for the third quarter of 2018, shows a decrease of 16 000 jobs. Job losses occurred in the manufacturing (-7 000), construction (-5 000), mining  (-2 000), trade (-2 000), transport (-1 000), and community services (-1 000) industries. The manufacturing and construction industries accounted for about three-quarters of the decline in employment over the quarter. Whilst   read more »


Formal business sector debt in 2016

Formal business sector debt in 2016

South African businesses are borrowing more money. The amount of debt held by the formal business sector1 was up 5,9% in 2016 compared with 2015. Total debt amounted to R5,7 trillion in 2016. The rise in debt was observed in eight of the nine industries, according to Stats SA’s latest Annual financial statistics (AFS) release2.   read more »


The SA business sector: turnover and profit

The SA business sector: turnover and profit

The formal business sector, excluding agriculture and financial intermediation, generated R2,3 trillion in turnover during the second quarter of 2017, i.e. the months of April, May and June. Who was responsible for generating this amount? Stats SA’s Quarterly Financial Statistics (QFS) report, which provides regular updates on the financial state and makeup of South Africa’s   read more »


Tighter profits in the formal business sector

Tighter profits in the formal business sector

The formal business sector, excluding agriculture and banking, generated R2,34 trillion in income during the first quarter of 2017, for the months of January, February and March. On average, that’s R300 560 of income generated every second over that 90-day period. You might be thinking that’s quite a hefty amount. You might catch yourself imagining the   read more »


Three facts about the ICT sector

Three facts about the ICT sector

It might be surprising to learn that the ICT sector is larger than the agriculture industry. This is one of the findings from Stats SA’s latest Information and communication technology satellite account for South Africa report. The document covers ICT’s contribution to the gross domestic product (GDP), its role in imports and exports, and its   read more »


Employment in the formal non-agricultural business sector increased in the Fourth quarter

Employment in the formal non-agricultural business sector increased in the Fourth quarter

Employment increased by 18 000 or 0,2% quarter-on-quarter, from 9 672 000 in September 2016 to 9 690 000 in December 2016. This was largely due to increases in the following industries: trade (68 000 or 3,3%), business services (33 000 or 1,6%) and manufacturing (13 000 or 1,1%). The electricity industry remained unchanged. However there were decreases in   read more »


Employment in the formal non-agricultural business sector increased in the third quarter

The September 2016 QES survey showed that an estimated 9 282 000 persons were employed in the formal non-agricultural sector of the South African economy. This reflected a net quarterly increase of 93 000 employees (1,0%) between June 2016 and September 2016 following a revised decrease of 96 000 employees (-1,0%) between March 2016 and   read more »


Media Invite: Statistician-General to release formal sector employment statistics for the second quarter of 2016

Media Invite 04 October 2016   Statistician-General to release formal sector employment statistics for the second quarter of 2016   The Statistician-General of South Africa, Dr Pali Lehohla, will release the Quarterly Employment Statistics (QES) for the second quarter of 2016. The QES measures changes in employment across all industries in the formal sector of   read more »


A quick look at debt in the private sector

A quick look at debt in the private sector

Data from Stats SA’s Annual financial statistics (AFS) report shows that the debt-to-equity ratio for the private sector as a whole has dropped since 2005. The debt-to-equity ratio is a measure of how much debt a company or industry has incurred to finance its operations relative to equity. Debt refers to how much an industry   read more »


SA economy added 7000 formal sector jobs in quarter 3 of 2015

The September 2015 Quarterly Employment Statistics (QES) survey showed that an estimated 8 951 000 persons were employed in the formal non-agricultural sector of the South African economy. This reflected a quarterly increase of 7 000 employees (+0,1%) between June 2015 and September 2015 and an annual increase of 4 000 employees (0,0%) between September   read more »


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Ventersdorp

Ventersdorp Local Municipality is situated in the eastern part of the North West. It is one of the four local municipalities of Dr Kenneth Kaunda District Municipality. It is situated 70 km from Klerksdorp/Matlosana Local Municipality, 130 km from Mafikeng and 140 km from Johannesburg. It is accessed through the N14 which connects it to both Johannesburg and Mafikeng.

The municipality covers an area of 3 764,05 km2 (Census 2011) and it is subdivided into six wards. Most of the villages in Ventersdorp can be regarded as semi-formalized villages where development is based on settlement layout plans (most of the stands were surveyed). Villages are currently managed by CPAs (Community Property Association), except Ga-Mogopa that is managed by a trust. Ownership of stands/plots within the villages is based on commercial ownership (no individual ownership exists).

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Ubuntu

Ubuntu Local Municipality is a municipality in the Pixley ka Seme District Municipality of the Northern Cape Province of South Africa. It is situated in Victoria West; other towns in the municipality are Richmond, Loxton and two small railway villages Hutchinson and Merriman. The region forms a part of the Karoo area. The agriculture and tourism industries are supported by the location, topography and climate of the region. A variety of minerals occur in the region yet no mining activities exist. Several applications for uranium prospecting have been submitted to the Department of Minerals and Energy. The new demarcation joined Victoria West, Hutchinson, Merriman, Loxton and Richmond into a single Municipality. Victoria West, situated on the N12, is the main town. Richmond is situated on the N1.read more »


Emthanjeni

Emthanjeni Local Municipality is a category B municipality consisting of three towns: De Aar, Britstown and Hanover. Emthanjeni, and especially De Aar, is renowned for its central location on the main railway line between Johannesburg, Cape Town, Port Elizabeth and Namibia. It is situated in the Pixley ka Seme District Municipality and is the seat of this district. Its location is approximately 300 km south-west of Kimberley, 440 km south-east of Upington, 300 km north-east of Beaufort-West and 300 km south-west of Bloemfontein. The land area comprises 11% of the district land area and 3% of the province. It represents approximately 23% of the district population.read more »


Kai !Garib

Kai !Garib Local Municipality is situated along the Orange River, and is bordered by //Khara Hais Local Municipality on the north-east and Namibia on the north-west.  It falls within the Siyanda District Municipality.  This area consists of three large towns: Kakamas, Keimoes and Kenhardt. Six former settlements can be found between these towns.  It is characterised by its unique landscape with the Kalahari Desert on the one side and the Orange River on the other.  The agricultural sector is the main economic sector with the largest potential for economic growth. (Source: www.localgovernment.co.za)

 

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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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