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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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//Khara Hais

//Khara Hais Local Municipality is a Category B municipality and is located in the Siyanda District Municipality, which is the second-largest district in the Northern Cape. It is the acknowledged commercial, educational, military, agricultural, medical, transport and tourist center of the area. The unusual spelling of the name of the local municipality, with the // glyph, is a result of the transcription of the click consonant used in the Kxoe language from which the name originates.

The municipality straddles the Orange River. The main towns in this area are Upington, Raaswater, Louisvale, Kalksloot, Leerkrans, Karos and Lambrechtsdrift. Upington is the central town situated 400km west of Kimberley. Upington has an airport and a landing strip. This town plays a very prominent role in the lives of the residents of this local municipality. Upington was established in the 1870s when the Reverend Christiaan Schroder was sent from Cape Town to establish a mission at the request of the Hottentots chieftain Klaas Lucas, who realized the importance of being able to read and write. Shortly after the establishment of the Mission, various pioneer settlers including Japie Lutz and the Reverend Schroder realized that the area was ideal for irrigation development and the first irrigation canals were hand-dug in 1880 - some of which are still in use today. Since then, Upington grew rapidly today, Upington is the Provincial Capital for the Northern Cape Province and as such has taken on a new and important role in the development of the whole region.

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City of Cape Town

The City of Cape Town as a municipal entity of today is just over ten years old. However, the Mother City has the oldest municipal structure in the country, going back to its first Council meeting held on 8 April 1652 – on a sailing ship anchored in Table Bay.

The Mother City is South Africa’s oldest city, with an area of 2 461 km2. It is the legislative capital of South Africa, the administrative and economic centre of the Western Cape Province.

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Maluti a Phofung

Maluti-A-Phofung local municipality is situated in the Free State. Maluti-A-Phofung is a local municipality and was established on 5 December 2001, and comprises of four former TLC local authorities, which are Qwaqwa Rural, Phuthaditjhaba, Harrismith and Kestell. The municipality is comprised of 35 wards and covers approximately 4 421 km2 in extent. Phuthaditjhaba is the urban centre of Qwaqwa and serves as the administrative head office of Maluti-A-Phofung municipality. Surrounding Phuthaditjhaba are the rural villages of Qwaqwa, established on tribal land administered by the Department of Land Affairs. Harrismith is a service center for the surrounding rural areas and a trading belt serving the national road, N3, which links the Gauteng and KwaZulu-Natal provinces. Harrismith is surrounded by Tshiame located 12 km to the west and Intabazwe, which is located 1,5 km to the north. The town is an economic hub for people living in Tshiame, Intabazwe and Qwaqwa. Kestell is a service center for the surrounding agricultural oriented rural area, with Tlholong as the township. Kestell is situated along the N5 road that links Harrismith with Bethlehem. The rural areas of Maluti-A-Phofung comprise commercial farms and major nature conservation centres such as Qwaqwa National Park, Platberg, Sterkfontein Dam and the Maluti Mountain Range. The area is not only a tourist attraction destination, but also makes a big contribution in generating gross agricultural income for the whole of the province and is also highly regarded for its beef production.read more »


Mangaung

Mangaung Metropolitan Municipality is a Category A municipality. It is situated in the Free State province, in the central interior of South Africa.  The Free State is bordered by Gauteng, the Eastern Cape, Northern Cape, KwaZulu-Natal and North West provinces, as well as the neighbouring country of Lesotho.

Mangaung, meaning “the place of the cheetah”, accentuates the vibrant, dynamic and energetic character of the tourism industry in the “City on the move (at the heart of it all)”.  The economy is strongly driven by the government sector, which has seen the fastest growth in the last five years as a result of increased government programmes in livelihoods improvement interventions.  The finance sector is the second-fastest growing sector due to very active estate and construction activities. Small businesses have a major role to play in the Mangaung economy, in terms of employment creation, income generation and output growth.

Cities/Towns: Bloemfontein, Botshabelo, Mangaung, Thaba Nchu Main Economic Sectors: Government services, finance

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Umuziwabantu

uMuziwabantu Local Municipality is an administrative area in the Ugu District of KwaZulu-Natal in South Africa.

Umuziwabantu is an isiZulu name meaning "the people's home", or a home with wide open doors where everyone is welcome.

The main source of income for the area is derived from the municipality’s extensive wattle, gum, pine and poplar plantations, and associated industries, including saw mills and furniture-making factories.

(Source: en.wikipedia.org)

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