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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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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 »


Mantsopa

Mantsopa Local Municipality is situated in the Eastern Free State and covers an area of 345 square kilometres. The five towns situated in Mantsopa are Ladybrand, Hob House, Tweespruit, Thaba-Phatswa and Excelsior.  Mantsopa Local Municipality was established on 5 December 2000 and is comprised of the previous areas of jurisdiction of Tweespruit Transitional Local Council (TLC), Ladybrand TLC, Hobhouse TLC, Excelsior TLC, ThabaPatchoa TLC and Maluti Transitional Rural Council. It forms part of the Eastern Free State and falls within the Thabo Mofutsanyana District Municipal area. It borders the Kingdom of Lesotho in the East, Mangaung Local Municipality to the west, Naledi Local Municipality to the south and Masilonyana and Setsoto to the north. The area is accessible via the N8 and R26 roads which traverse the area. A railway line that runs along these routes services the area.

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uMshwathi

uMshwathi Municipality is situated within uMgungundlovu District Municipality immediately adjacent to Pietermaritzburg. uMshwathi comprises of four major urban centres (New Hanover, Wartburg, Dalton and Cool Air) as well as the rural residential settlements of Swayimane, Mpolweni, Thokozani and Ozwathini. uMshwathi covers an area of about 1 811 km². Economic development opportunities at uMshwathi include the rehabilitation and development of the towns, middle and high-income housing projects as well as development of a road corridor linking the N2 and N3 by traversing the municipality.The importance of agriculture in uMshwathi cannot be overemphasized. Sugar cane is the predominant agricultural pursuit. Manufacturing activities are mainly related to agricultural processing activities, notably sugar and timber processing activities.read more »


Impendle

Impendle  local Municipality is located on the south western boundary of the uMgungundlovu District, and shares a boundary with the Sisonke District to the south and the KwaSani Municipality, which includes towns such as Underberg  and Himeville. To the north is the uMngeni which is closely tied to Impendle in terms of agriculture and potential tourism (Midlands Meander), and to east the Msunduzi Municipality which is the capital of the province and the economic hub of the District. To the west is District Management areas of the Drakensberg that fall under the Transfrontier Development Initiative related to the World Heritage Site. (uMgnugndlovu District Municipality IDP 2012/13).

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Richmond

Richmond Municipality is situated south of Msunduzi, west of Mkhambathini and the Sisonke District in the south west. Richmond enjoys a competitive advantage in the field of agriculture that contributes to more than 50% of the gross geographic product and employment in the area. Historically, Richmond was one of the main destinations of the Bhambatha Rebellion and the Byrne Settlers. For tourists the local museum, the old court building and the prison are great attractions, while the Umkomaas River is a popular venue for white river rafting (uMgungundlovu District Municipality IDP 2012/13).read more »


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