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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 »


Electricity, Gas and Water Supply Industry (2013): Increase in income and employment in electricity, gas and water supply industry

Media Release Income  The total income for the electricity, gas and water supply industry in 2013 was R181,2 billion. The largest contributor to the total income was ‘generation, transmission and distribution of electricity’ (R150,2 million or 82,8%), followed by ‘collection, purification and distribution of water’ (R22,1 billion or 12,2%) and ‘manufacturing and distribution of gaseous   read more »


Turnover and capital investment in the private sector rise

Turnover and capital investment in the private sector rise

Total turnover in the private sector increased by 1,6% in the quarter ended June 2015 compared with the quarter ended March 2015, according to Stats SA’s latest Quarterly financial statistics report. The electricity, mining, trade, manufacturing and transport sectors reported increases in turnover, while decreases were recorded for construction, community services (excluding government institutions) and   read more »


Turnover falls by 5,2% quarter-on-quarter in the private sector

Turnover falls by 5,2% quarter-on-quarter in the private sector

Turnover for private sector enterprises dropped by 5,2% in the first quarter of 2015, the highest quarter-on-quarter percentage decrease since the first quarter of 2010. Total turnover fell from R2,06 trillion in the fourth quarter of 2014 (the quarter ending December) to R1,95 trillion in the first quarter of 2015 (the quarter ending March), according   read more »


A rumour wobbles an industry

A rumour wobbles an industry

Misinformation and hearsay have the power to influence an economy. Thousands of civil servants resigned from their posts in 2014 and early 2015 in response to rumours about proposed pension reforms. The economic effect was large enough to be seen in recent gross domestic product (GDP) data released by Stats SA. The government services sector   read more »


Formal sector shows marginal growth in employment

Formal sector shows marginal growth in employment

Between December 2013 and March 2014, the non-agriculture formal sector of the South African economy experienced a net increase of 9 000 employees (+0,1%), from 8 498 000 to 8 507 000 individuals. This increase was mainly due to increases in the community, social and personal services industry which gained 50 000 employees (+2,1%); the finance industry (+7 000 or +0,4%); and   read more »


Formal sector employment increases in quarter 4

The Quarterly Employment Survey (QES) results show that number of employees working in businesses increased by 38 thousand – from 8 457 000 in the third quarter of 2013 to 8 495 000 in the fourth quarter. This was driven by an increase of 35 000 in the Trade industry and increases in the Community and social services   read more »


Job gains in quarter 4 of 2013 were in the informal sector and temporary in nature.

Job gains in quarter 4 of 2013 were in the informal sector and temporary in nature.

Based on revised estimates, in quarter 4 of 2013, employment levels rose to 15,2 million – surpassing the peak reached in quarter 4 of 2008 during the pre-recession period. However, quarterly job gains of 141 000 in quarter 4 of 2013 were largely due to an increase in informal sector employment of 123 000. In addition, most   read more »


Economy 0,1% weaker in the first quarter

Economy 0,1% weaker in the first quarter

Real gross domestic product (GDP) contracted by a marginal 0,1% in the first quarter (January–March) of 2024.1 This followed a revised 0,3% increase in the fourth quarter of 2023. Weaker manufacturing, mining and construction drove much of the downward momentum on the production (supply) side of the economy, while the expenditure (demand) side witnessed a   read more »


Economic wrap-up for May 2024

Economic wrap-up for May 2024

Stats SA published 24 releases in May, with many providing a preliminary overview of economic performance in the first quarter (January–March). Key industries down in the first three months of the year Mining, manufacturing, electricity, construction, retail trade, motor trade and road transport were weaker in the first quarter of 2024 compared with the fourth   read more »


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Tswaing

Tswaing Local Municipality is located in Ngaka Modiri Molema District Municipality in the North West Province. It is one of the five local municipalities in this district. The major towns are Delareyville, Sannieshof and Ottosdal. The main economic sectors are agriculture and small-scale mining.(http://www.localgovernment.co.za )read more »


Naledi

Naledi Local Municipality (NW392) covers a total area of approximately 7,258 km². This land mass is 15% of the total area of the Dr. Ruth S Mompati District Municipality area. The administrative centre of the municipality is in the town of Vryburg. The town of Vryburg is considered the agricultural and industrial centre of Dr Ruth S Mompati District Municipality. The town is the host to the 3rd largest agricultural show in South Africa, namely Vryburg Show, which attracts farmers from almost all provinces in the country as well as farmers from the neighbouring countries such as the Republic of Namibia and Botswana. This makes the municipality the main employer within the district and most significant contributor to GDP. Naledi Local Municipality is separated into five main places, namely, Vryburg town, Huhudi township, Colridge township, Stella, Devondale and Dithakwaneng village. The municipal area is surrounded by the other three local municipalities within the district, namely, Greater Taung Municipality (70km), Kagisano Molopo Municipality (70km) and Mamusa Municipality(70km). The town of Vryburg is about 140km away from Kuruman town in the Northern Cape Province and 160km from Mahikeng municipality, the administrative centre of the North West Province. The municipality is divided into 9 administrative wards and has a total of 18 ward councillors (ward councillors and their assistants/PR councillors).  read more »


Mamusa

Mamusa Local Municipality (NW393) covers a total area of approximately 3 681 km². This land mass is 7,8% of the total area of the Dr. Ruth S Mompati District Municipality. The administrative centre of the municipality is in the rural area of Schweizer-Reneke situated on the banks of the Harts River and at the foot of the Mamusa hills. The town of Schweizer-Reneke is the only town in Mamusa Local Municipality and is surrounded by agricultural farms. Schweizer-Reneke is the main administration centre for the local municipality and is closer to the township called Ipelegeng. Other townships under Mamusa Local Municipality include Amalia, Glodina, Migdol and Sharon. The Mamusa Local Municipality is situated about 70 km from Vryburg, where the district municipality offices reside.    read more »


Greater Taung

Greater Taung Local Municipality (NW 394) is situated in the western part of North West in the area of jurisdiction of Dr Ruth S Mompati District Municipality. The municipality is one of the five local municipalities in Dr Ruth S Mompati District Municipality.The municipality covers an area of 5 639 Km2, which accounts for 11,8 % of the total area of Dr Ruth S Mompati District Municipality.The main rural towns/townships in the municipal area are Reivilo, Pudimoe and Taung Central. About 95% of the municipal area is predominantly rural. There are about 106 widely-scattered villages in the municipal area. There are Northern Cape areas that one passes when going from one village to the other within the municipality, namely Pampierstad township and Northern Cape farms. These areas previously formed part of the municipality but were later moved to the Northern Cape during the last demarcation process. The municipality is divided into 26 administration wards and has a total of 52 councillors (both ward and PR councillors). As the municipality is predominantly rural, villages have been divided under the three tribal authorities under three paramount chiefs, namely Mankuroane, Mothibi and Motlhabane. The agricultural sector, both commercial and subsistence, is the major employer and contributor to the municipal economy. The municipal population stands at 177 642 (the largest in the district), with a total of 48 612 households.When compared to the 2001 population statistics, the population size has declined from a total of 182 164 to 177 642 in 2011. The average population density stands at 31,5km2.read more »


Lekwa-Teemane

Lekwa-Teemane Local Municipality (NW396) is approximately 3 681 km² in extent. This land mass makes up 7,75% of the total area of the Dr. Ruth S Mompati District Municipality area. The administrative centre of the municipality is in the rural area of Christiana. The other offices are located in Bloemhof. The major towns are Bloemhof and Christiana, which are predominantly farming towns, hence the major private-sector employers are farmers. Both of these towns can be described as rural to semi-rural and spreads. Apart from these two rural towns, most of the residents live in villages and townships. Christiana and Bloemhof are about 60 km away from each other. The Christiana area is composed of Christiana town, Geluksoord township, Christiana farms and the Utlwanang township, whereas the Bloemhof area is composed of Bloemhof town, Bloemhof farms and the Coverdale township, Salamat township and Boitumelong township.

With a total of 14 930 households, Lekwa-Teemane Local Municipality has the smallest population in the Dr RSM district. The average population density for Lekwa-Teemane Local Municipality has increased from 13,5 people per km2 in 2001 to 14,5 people per km2 in 2011. The municipality is divided into seven administration wards and has a total of 14 councillors (both ward councillors and PR councillors).

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