The ups and downs of gross domestic product
Economic growth can be reported in a number of different ways. Annual growth, quarter-on-quarter and year-on-year are terms that are commonly used in the context of gross domestic product (GDP). What do these terms mean? In preparation for Stats SA’s next release of GDP data on 6 December, this article explores the different ways in read more »
Media release: Annual financial statistics, 2015
Media release 24 November 2016 Annual financial statistics, 2015 The total annual turnover of private sector businesses operating in the South African economy[1] increased by 5,5% between 2014 and 2015, from a revised R7,8 trillion in 2014 to an estimated R8,3 trillion in 2015, according to the latest Annual financial statistics, 2015 report released by read more »
How important is your tax money?
With the income tax return deadline looming, you might be wondering how important your tax contributions have been. A recent report by Stats SA provides an answer. The South African government earned R1,22 trillion in income during the 2014/15 fiscal year, according to Stats SA’s latest Financial statistics of consolidated general government report1. If this read more »
Tuition fee trends over time: what do the data show?
In a previous article, Stats SA outlined the importance of tuition fees – as a portion of total income – to the financial security of higher education institutions (HEIs)1 for the 2015 financial year. In this article, we provide a 10-year perspective of tuition fees to assess the significance of this source of HEI income. read more »
Africa Rising: Growth in Africa through steadfast statistics
The continent is working towards attaining “the Africa we want”. Key to achieving this goal, through the Sustainable Development Goals and Agenda 2063, are quality and relevant statistics. African Statistics Day is celebrated each year on 18 November. Africa celebrates this day to raise awareness of the importance of statistics in all aspects of read more »
Media invite: QLFS Q:3 of 2016
MEDIA ADVISORY 17 November 2016 Statistician-General to release Quarterly Labour Force Survey (QLFS) results for the third quarter of 2016 The Statistician-General of South Africa, Dr Pali Lehohla, will release the results of the Quarterly labour force survey (QLFS) for the third quarter (Q3) of 2016 at a media briefing to be held read more »
How important are student fees?
Armed with a wealth of recent financial data from South Africa’s higher education institutions, Stats SA unpacks the revenue mix for the country’s 20 universities and 6 universities of technology. Higher education institutions depend mostly on government grants and tuitions fees for income, according to data from Stats SA’s latest Financial statistics of higher education read more »
Media Invite: Report on the Financial statistics of higher education institutions, 2015
Media advisory (VENUE CHANGE) 24 October 2016 Statistician-General to release report on the Financial statistics of higher education institutions, 2015 The Statistician-General of South Africa, Dr Pali Lehohla, will release the Financial statistics of higher education institutions, 2015 report at a media briefing to be held on Tuesday, 25 October 2016 in 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 »
Electricity pushes up municipal spending in the June 2016 quarter
Total expenditure by municipalities increased by 21,9% (or R15,7 billion) in the June 2016 quarter compared with the March 2016 quarter, rising from R71,7 billion to R87,5 billion. Purchases of electricity by municipalities was one of the biggest contributors to this increase, according to Stats SA’s latest Quarterly financial statistics of municipalities report1. Acting read more »