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Finding a home in a big pond

Finding a home in a big pond

Finding a home in a big pond It is often said that small businesses hold the key to economic growth. Recently released data paint an interesting picture of where small businesses are making a substantial contribution to economic activity. Stats SA’s latest Quarterly financial statistics reports that the private sector earned a total of R2,1   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 »


Private sector turnover rises in the third quarter

Private sector turnover rises in the third quarter

Stats SA’s latest Quarterly Financial Statistics report provides detailed financial statistics on the private sector, for the quarter ending September 2015. How did business turnover fare over this period? The following short article covers key turnover statistics from the report. Total turnover Total turnover in the private sector increased by 3,3% in the September 2015   read more »


Measuring household expenditure on public transport

01 December 2015 Media Release Taxis most used mode of public transport Taxis are the commonly used mode of public transport in South Africa with just more than half (51,0%) of the households that use public transport (76,7%) relying on them, followed by busses (18,1%) and trains (7,6%). This was highlighted in the Measuring household   read more »


Rural municipalities continue to depend on government for revenue

Rural municipalities continue to depend on government for revenue

Rural municipalities continue to rely heavily on national government to finance their budgets, according to data from the latest release of Stats SA’s Financial census of municipalities report. For every R1 of revenue received by municipalities in the year 2014, 33c was in the form of grants and subsidies from national and provincial government. The   read more »


Industries report higher turnover despite a decrease in the number of enterprises

Industries report higher turnover despite a decrease in the number of enterprises

The total turnover measured for selected industries increased by 8,9%, from R6,4 trillion in 2012 to just under R7,0 trillion in 2013, despite a decrease of 11 324 enterprises between the two years1. Enterprises in the electricity, gas and water supply industry experienced the largest percentage increase in turnover (+12,5%). The results on what drives income   read more »


Poverty Trends in South Africa

Press Statement                                                                                                          3 April 2014 Poverty Trends in South Africa South Africa winning war on poverty Poverty levels in the country have declined as the number of people living below the poverty line dropped since 2006. The Poverty Trends Report released by Statistics South Africa reveals that people   living below the food poverty line   read more »


Quarterly Financial Statistics: Ratio Analysis

Quarterly Financial Statistics: Ratio Analysis

Given the vast amount of information appearing in detailed financial statements of companies, it may be difficult to discern significant relationships and trends in the data. One way to address this challenge is to use accounting ratios, which provides substantial insights into the relationships between variables and can indicate certain trends. Accounting ratios are calculated   read more »


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Camdeboo

Camdeboo Local Municipality which incorporates the towns of Graaff-Reinet, Aberdeen, and Nieu-Bethesda is strategically situated as a portal to the mystical Karoo in an area renowned for its pristine natural environment, rich heritage, diverse peoples and cultures. The area (12,422km²) boasts a number of popular tourist attractions, beautiful landscapes and a healthy climate. Being situated in an arid area within the Cacadu district, Camdeboo faces many challenges, the biggest of which is water.The lack of sustainable and permanent water is probably the most inhibiting factor in the area’s development, as it restricts both agricultural and industrial activities. (http://mfma.treasury.gov.za)

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Lekwa

Lekwa Local Municipality was established on the 5th of  December 2000 after the amalgamation of 3 former Transitional Local Councils namely Standerton, Sakhile and Morgenzon. Lekwa Local Municipality lies on the large open plains of the Highveld region that is characterised by tall grass and is transversed by the Vaal River which flows in a westerly direction. The municipality spans an area of 4 586 km2 which equates to 15% of the overall area of GertSibande District.

The Municipality is named after the Vaal River which is commonly known as Lekwa (a Sotho name for Vaal River).

The Municipality consists of Standerton which serves as an urban node, whileMorgenzon, which is 45km North East of Standerton,serves as a satellite node. It is landlocked by the following local municipalities, Pixley ka Seme and Msukaligwa on the east, Dipaliseng on the west and Govan Mbeki on the north. The south edge is abutted by Mpumelelo Local Municipality which is in the northern part of the Free State Province. (http://www.lekwalm.gov.za)

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Lesedi

Lesedi Local Municipality is an administrative area in the Sedibeng district of Gauteng. Heidelberg is the seat of the municipality. During the war of independence, Heidelberg served as the capital of the South African Republic from 1880 to 1883. (www.lesedi.gov.za)

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City of Johannesburg

The City of Johannesburg Local Municipality is situated in Gauteng province and covers an area of 1 645km2. Also known as Jozi,  Jo ‘burg, or Egoli it is the largest city in South Africa, and the provincial capital of Gauteng, the wealthiest province in South Africa (http://www.localgovernment.co.za).

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City of Tshwane

The City of Tshwane is the capital of South Africa and is the largest municipality, as measured by land mass. Tshwane is amongst the six largestmetropolitan municipalities in South Africa and the second largest in Gauteng, as measured by Gross Domestic Product (GDP). The Tshwane regioncovers 6 368km² of Gauteng’s 19 055km² and houses approximately 2,9million residents.Tshwane consists of seven regions with 105 wards and 210 councillors.

The City has a vibrant and diverse economy, which enables it to contribute at least 26,8% of the Gauteng Province’s GDP and 9,4% of the GDP of the national economy.  Tshwane is the administrative capital of South Africa and is home to the Union Buildings with government-related business playing an important role in the local economy.  As a result, the city is taking active measures to firmly position itself as Africa's leading capital city of excellence.  The municipality's main economic sectors are community services and government, followed by finance and manufacturing.  Metal products, machinery and household products are the largest sub-sectors within manufacturing.  The City has a well-established manufacturing sector, with the automotive industry representing the most significant component.

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