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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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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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