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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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Thulamela

Thulamela Local Municipality is a category B municipality established in terms of the Local Government Structures Act number 117 of 1998. Thulamela Local Municipality is one of the four local municipalities comprising Vhembe District Municipality. It is the eastern most local municipality in the district. The Kruger National Park forms the boundary in the east. The municipality borders Mutale Municipality in the north-east and Makhado Municipality in the south-west. 47,7% of the entire Vhembe district’s population lives in Thulamela Local municipality. More than 85% of the people in this municipality live in tribal areas.read more »


Makhado

Named after a 19th century vhaVenda king, Makhado, who ruled the area for many years, this is a fertile region where litchis, bananas, mangoes and nuts are produced. The national road (N1) runs through the town.

Makhado is situated in a highly fertile, rapidly growing agricultural area; the town has become one of Limpopo's premier business and tourist destinations and is the perfect springboard from which to visit the Songozwi sacred burial site of the vhaVenda, as well as Makhado's 'office', a secluded cave from where the chief conducted his campaign against the Voortrekkers.

The well-known town of Louis Trichardt is situated at the foot of the Soutpansberg mountain range in Limpopo and was developed from the Voortrekker settlement in the area. It was named after the leader Louis Trichardt, who moved away from British rule in the Cape and arrived here in 1836.

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Modimolle

Modimolle Local Municipality is named after the Modimolle mountain. The word Modimolle literally means "the forefather's spirit has eaten" (Modimo o lle). According to tradition, it often happened that someone would climb the mountain, only to disappear without a trace.

 The original name was Nylstroom, named so after the Voortrekkers had come across the north-flowing river and mistook it for the Nile River in Egypt. The fact that there is a pyramid-shaped hill close by only served to strengthen this misconception.

Modimolle, Limpopo, South Africa is a charming town with an expanding business sector which serves as the commercial centre of the Waterberg. Nylstroom (Modimolle) is famous for its export of grapes and other soft fruits like peaches and watermelons.

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Bela-Bela

Belabela is home to one of the world’smost famous hot mineral water springs, bubbling 22 000 litres per hour, with a temperature of 53°C.The natural hot water is rich in sodium chloride, calcium carbonate and other salts that have healing properties.Belabelaremains one of the most popular health and holiday resort towns in South Africa and a preferred destination for local and foreign tourists.The area has pleasantly mild climate during the winter months and an average of 286 sunny days per year,which adds to the popularity of the destination.

Geographically, BelabelaLocal Municipality is strategically positioned in the Waterberg District Municipality of the Limpopo province. Belabela shares borders with Gauteng, Mpumalanga and North West provinces. South Africa’s famous national route, N1, runs through the municipality and the town’s main Central Business District (CBD) area is only 10km away from this major route. Belabelais 174 km from the provincial capital Polokwane.

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Dipaleseng

Dipaleseng Local Municipality is situated in the southern part of the GertSibande District Municipality. Balfour is located in the heart of world-renowned coalfields and the Goldfields belt. This modern and predominantly industrial town is located in close proximity (80km) to the nationally well-known industrial areas of Johannesburg. The Balfour/Siyathemba urban area is 340km from Nelspruit and 80km from Johannesburg. The internationally known abattoir, the “biggest abattoir in Africa”, is found in Dipaleseng (Balfour town), with a vast number of by-products including inorganic chemicals, fertilizers, etc.being manufactured in the area.

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