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QUARTERLY EMPLOYMENT STATISTICS

Total employment increased by 16 000 or 0,2% quarter-on-quarter, from 10 197 000 in September 2019 to 10 213 000 in December 2019. This was largely due to increases in the following industries: trade (39 000 or 1,7%), business services (12 000 or 0,5%) and community services (3 000 or 0,1%).The electricity industry remained unchanged.   read more »


Formal sector jobs moderately up in fourth quarter

Formal sector jobs moderately up in fourth quarter

New employment figures released by Statistics South Africa (Stats SA) showed that South Africa’s formal non-agricultural sector added 16 000 jobs in the fourth quarter of 2019, bringing the total number of persons employed in the formal non-agricultural sector to 10,2 million. The Quarterly Employment Survey (QES) reported that formal sector jobs rose by 18 000 in   read more »


GDP in the fourth quarter of 2019 decreased by 1,4%

Press statement                                                                                               Embargo: Tuesday 3 March 2020, 11:30 GDP in the fourth quarter of 2019 decreased by 1,4% Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) decreased by 1,4% in the fourth quarter of 2019.1 The transport, storage and communication industry   read more »


GDP contracts by 0,6% in the third quarter

GDP contracts by 0,6% in the third quarter

After rebounding by a revised 3,2%1 in the second quarter of 2019, activity in the South African economy slipped slightly in the third quarter. Mining, manufacturing and transport were the biggest drags on growth in gross domestic product (GDP). Mining was down by 6,1%, driven largely by a fall in the production of platinum group   read more »


Working capital: how do South African businesses fare?

Working capital: how do South African businesses fare?

Stats SA provides a snapshot of working capital across the formal business sector in the latest release of the Annual Financial Statistics (AFS) report. Working capital is a measure of a company’s liquidity and is one of a number of measures that provide insight into a company’s ability to pay off debt. To calculate working   read more »


Public-sector capital expenditure continues to fall

Public-sector capital expenditure continues to fall

Public-sector investment in the nation’s infrastructure slowed for a second consecutive year, falling by 8,2% in 2018. This followed a 4,0% decline in 2017. These decreases have seen public-sector capital expenditure slip to a level last seen in 2014. Capital expenditure is money that institutions spend to buy, maintain or upgrade fixed assets such as   read more »


SA formal sector jobs decline in second quarter of 2019

SA formal sector jobs decline in second quarter of 2019

The June 2019 Quarterly Employment Survey, released by Statistics South Africa, showed that an estimated 10 172 000 people were employed in the formal non-agricultural sector of the South African economy, which is down by 2 000 from the 10 174 000 recorded in the previous quarter. Full-time employment decreased by 26 000 to 9 103 000, and part-time employment increased by 24 000   read more »


GDP in the second quarter of 2019 increased by 3,1%

Press statement                                                                                                                     Embargo: Tuesday 3 September 2019,   read more »


Economy dodges recession as GDP climbs 3,1%

Economy dodges recession as GDP climbs 3,1%

After shrinking sharply in the first quarter of 2019, the economy rebounded from a low base to record positive growth of 3,1%1 in the second quarter (April−June). Mining, finance, trade and government services were the main drivers of growth. Three industries (construction, agriculture and transport) registered a slump in production. Mining was the strongest performer   read more »


How large is the small business footprint?

How large is the small business footprint?

In 2015, Stats SA published an article highlighting the contribution that small businesses make to industry turnover in South Africa.1 The March 2019 Quarterly financial statistics (QFS) report provides an update. The entire formal business sector2 generated R2,39 trillion in turnover in Q1: 2019. Out of this amount, large businesses contributed 62%, followed by small (29%) and   read more »


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Mandeni

Mandeni Local Municipality (formerly eNdondakusuka Local Municipality) is an administrative area in the iLembe District of KwaZulu-Natal in South Africa. Manufacturing, elementary work and plant and machine work are the highest non-farming categories of labour. Mandeni includes substantial areas of commercial agriculture, with the bulk of these areas under sugar-cane. Agriculture is the main employment sector in the area. Tourism industry in Mandeni is also observable at the Tugela Mouth area. The history of the area cannot be divorced from the tourism potential. Great battles have been fought by the Zulus against the British in this area through the involvement of King Cetshwayo. The area was one of the most important agricultural areas of the Kingdom of KwaZulu since the reigns of Kings Malandela, Jama, Senzangakhona, Shaka, Dingane and Mpande. During the reigns of Kings Shaka and Dingane, the eNdondakusuka area formed part of the area regarded as Prince Mpande’s sphere of influence. He had his house kwaMfemfeeGcotsheni in Ndulinde, which is where Prince Shingana was born and buried in 1911.read more »


KwaDukuza

KwaDukuza Municipality forms part of the iLembe District Municipality area (DC29), and lies on the east coast of KwaZulu-Natal, between eThekwini Metro in the south and Tugela River mouth in the north. The KwaDukuza municipal area stretches from the Zinkwazi River in the north to the UThongathi River in the South. The name KwaDukuza epitomizes the historical background of the area being the home to King Shaka’s Gravesite and Memorial. The town KwaDukuza is built on the original site of King Shaka‘s Royal settlement called Dukuza. The KwaDukuza museum is situated opposite the site of the King Shaka Memorial and is dedicated to the sugar industry and colonialism, the cultural heritage of the early settlers of the town Stanger.read more »


Musina

Musina in the Limpopo Valley is the northernmost town in South Africa. Situated close to the Beit Bridge border post between South Africa and Zimbabwe, it is the main entry point into the country from countries north of South Africa. The town developed around the copper mining industry in the area. Copper was first discovered in pre-historic times by the Musina people who named it ‘musina’, meaning ‘spoiler’, because they considered it a poor substitute for iron, which is what they were after. The mineral was later re-discovered and mined by 20th century miners. Today iron, coal, magnetite, graphite, asbestos, diamonds and copper are mined here. With fascinating attractions and many game farms in the area, tourism and hunting play an important role in the economy of the town. The recently declared world heritage site of Mapungubwe (meaning ‘Hill of the Jackal’) is one of the richest archaeological sites in the country. Botanical highlights of the region include fine specimens of baobab trees and impala lilies which are both protected species. Agricultural products include citrus, mangoes, tomatoes and dates.read more »


Thabazimbi

Thabazimbi Municipality is located in the south-western part of the Limpopo Province and has Botswana as its international neighbour. It is two hours drive from the City of Tshwane. The municipality has Marakele National Park, which is a subsidiary of the National Parks Board, and in the same standard as the Kruger National Park and Mapungube. The game lodges scattered around the area helps to promote environmental sustainability.read more »


Greater Taung

Greater Taung Local Municipality (NW 394) is situated in the western part of North West in the area of jurisdiction of Dr Ruth S Mompati District Municipality. The municipality is one of the five local municipalities in Dr Ruth S Mompati District Municipality.The municipality covers an area of 5 639 Km2, which accounts for 11,8 % of the total area of Dr Ruth S Mompati District Municipality.The main rural towns/townships in the municipal area are Reivilo, Pudimoe and Taung Central. About 95% of the municipal area is predominantly rural. There are about 106 widely-scattered villages in the municipal area. There are Northern Cape areas that one passes when going from one village to the other within the municipality, namely Pampierstad township and Northern Cape farms. These areas previously formed part of the municipality but were later moved to the Northern Cape during the last demarcation process. The municipality is divided into 26 administration wards and has a total of 52 councillors (both ward and PR councillors). As the municipality is predominantly rural, villages have been divided under the three tribal authorities under three paramount chiefs, namely Mankuroane, Mothibi and Motlhabane. The agricultural sector, both commercial and subsistence, is the major employer and contributor to the municipal economy. The municipal population stands at 177 642 (the largest in the district), with a total of 48 612 households.When compared to the 2001 population statistics, the population size has declined from a total of 182 164 to 177 642 in 2011. The average population density stands at 31,5km2.read more »


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