The economy shrinks in the fourth quarter of 2016

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The economy shrinks in the fourth quarter of 2016

The economy shrinks in the fourth quarter of 2016

A fall in mining and manufacturing production in the final quarter of 2016 pulled South African economic growth into negative territory, according to preliminary figures of gross domestic product (GDP) released by Stats SA. South Africa’s economy contracted by 0,3% quarter-on-quarter (seasonally adjusted and annualised). The mining industry’s 11,5%1 drop in production was the main   read more »


GDP in the third quarter of 2016 grew by 0,2%

Press statement                                                                                  Embargo: Tuesday 6 December 2016, 09:30  GDP in the third quarter of 2016   read more »


South African manufacturing production and the rand (an update)

South African manufacturing production and the rand (an update)

Industry growth rates depend on many factors, and the South African manufacturing industry is no exception. The state of the local and global economy and the rand exchange rate are some of the factors that are watched closely when assessing the performance of manufacturing production.   Figure 1 shows the severe impact of the global   read more »


AGDP Media statement

Press statement Embargo: Tuesday 06 September 2016, 11:30   GDP in the second quarter of 2016 grew by 3,3%   Gross domestic product (measured by production) South Africa’s gross domestic product (GDP) growth rate was 3,3% in the second quarter of 2016.1 The main contributors to the GDP growth rate were the manufacturing industry and   read more »


Positive GDP growth in the second quarter of 2016

Positive GDP growth in the second quarter of 2016

South Africa’s economy grew by 3,3% quarter-on-quarter (seasonally adjusted and annualised), according to estimates of real gross domestic product (measured by production). This is the fastest quarter-on-quarter rise in economic activity since the fourth quarter of 2014. Year-on-year growth in the second quarter of 2016 was 0,6%. The mining and manufacturing industries contributed over half   read more »


The economy slides in the first quarter

The economy slides in the first quarter

A sharp contraction in mining tipped economic growth into negative territory in the first quarter of 2016. South Africa’s economy shrank by 1,2% quarter-on-quarter (seasonally adjusted and annualised), according to the latest gross domestic product (GDP) figures published by Stats SA. Year-on-year growth for the same quarter was -0,2%. The supply side of the economy:   read more »


Ocean fish: measuring a valuable resource

Ocean fish: measuring a valuable resource

Next time you dig into a delicious plate of fish and chips, take a moment to ponder the value of seafood as a natural resource. Stats SA’s latest Environmental Economic Accounts Compendium provides estimates of quantities of fish available in our oceans, as well as data on catch numbers. The oceans that straddle the Southern   read more »


How much do South Africans spend on ICT?

How much do South Africans spend on ICT?

South African households spent R91,6 billion on ICT products in 2012, contributing 4,6% of total household expenditure. This is one of the findings from the Information and Communication Technology satellite account for South Africa report, which provides an overview of the economic role of the ICT sector in South Africa, in terms of household expenditure,   read more »


Electricity production down in January

Less electricity was generated in South Africa in January 2015 compared with January 2014, according to preliminary results. The volume of electricity produced fell by 1,5%. The volume of electricity available for distribution also decreased, falling by 1,3% year-on-year. Electricity production dropped by 1,5% from 21 090 GWh (gigawatt-hours) in January 2014 to 20 769 GWh January   read more »


Electricity production declining

Electricity production declining

Less electricity was generated in South Africa in 2014 compared with 2013. Recent data show that national electricity production has been in decline after peaking in 2011, highlighting the country’s continued struggle to keep the lights on. The latest Electricity produced and available for distribution publication, released by Stats SA on Thursday, 5 February 2014,   read more »


Report-01-42-07 - Export and Import Unit Value Indices: Sources and methods

This manual is designed to provide users with a comprehensive understanding of the methods and sources used in the compilation of the export and import unit value indices (XMUVI) for South Africa. read more »


Report-00-30-00 - East London Industrial Development Zone (ELIDZ) Survey, 2016

This statistical report contains results from the East London Industrial Development Zone Survey, 2016 on financial and employment information.read more »


P0142.6 - Export and Import Price Indices

A monthly survey of prices of commodities in exported and imported commodities on prices covering samples of exporters and importers in the South African economy. The results of the survey are used to compile the Producer Price Index (PPI) for exported and imported commodities which indicates changes in prices of exports and imports. These statistics are used by the private sector for contract price adjustments and as a deflator in the compilation of national accounts. read more »


D0405.2 - Mineral Accounts for South Africa

This discussion document presents a discussion on mining as a driving force in the South African economy. Mining provide value through exports and contributes to the industrial development of South Africa. The mineral accounts can be used to derive valuable indicators for resource management and assist in assessing the sustainability for decision and policy-makers.read more »


City of Tshwane

The City of Tshwane is the capital of South Africa and is the largest municipality, as measured by land mass. Tshwane is amongst the six largestmetropolitan municipalities in South Africa and the second largest in Gauteng, as measured by Gross Domestic Product (GDP). The Tshwane regioncovers 6 368km² of Gauteng’s 19 055km² and houses approximately 2,9million residents.Tshwane consists of seven regions with 105 wards and 210 councillors.

The City has a vibrant and diverse economy, which enables it to contribute at least 26,8% of the Gauteng Province’s GDP and 9,4% of the GDP of the national economy.  Tshwane is the administrative capital of South Africa and is home to the Union Buildings with government-related business playing an important role in the local economy.  As a result, the city is taking active measures to firmly position itself as Africa's leading capital city of excellence.  The municipality's main economic sectors are community services and government, followed by finance and manufacturing.  Metal products, machinery and household products are the largest sub-sectors within manufacturing.  The City has a well-established manufacturing sector, with the automotive industry representing the most significant component.

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uMhlathuze

uMhlathuze Local Municipality is situated on the north-eastern coast of KwaZulu-Natal. The city provides an attractive reference point and essential socio-economic amenities and facilities to most of the towns in the northern region.read more »


//Khara Hais

//Khara Hais Local Municipality is a Category B municipality and is located in the Siyanda District Municipality, which is the second-largest district in the Northern Cape. It is the acknowledged commercial, educational, military, agricultural, medical, transport and tourist center of the area. The unusual spelling of the name of the local municipality, with the // glyph, is a result of the transcription of the click consonant used in the Kxoe language from which the name originates.

The municipality straddles the Orange River. The main towns in this area are Upington, Raaswater, Louisvale, Kalksloot, Leerkrans, Karos and Lambrechtsdrift. Upington is the central town situated 400km west of Kimberley. Upington has an airport and a landing strip. This town plays a very prominent role in the lives of the residents of this local municipality. Upington was established in the 1870s when the Reverend Christiaan Schroder was sent from Cape Town to establish a mission at the request of the Hottentots chieftain Klaas Lucas, who realized the importance of being able to read and write. Shortly after the establishment of the Mission, various pioneer settlers including Japie Lutz and the Reverend Schroder realized that the area was ideal for irrigation development and the first irrigation canals were hand-dug in 1880 - some of which are still in use today. Since then, Upington grew rapidly today, Upington is the Provincial Capital for the Northern Cape Province and as such has taken on a new and important role in the development of the whole region.

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Phokwane

Phokwane Local Municipality incorporates the previous municipal areas of Hartswater, Jan Kempdorp, Ganspan and Pampierstad. The Phokwane Municipality is named after Queen “Phokwane”, the wife of Kgosi Galeshewe of the Barolong boo Ra-Tlhaping tribe. Phokwane is nestled in the lush green delta of the Hartswater region and boasts the second largest irrigation scheme in the Southern Hemisphere, namely the Vaalharts Irrigation Scheme. The municipality has a total population of 61 321 inhabitants of whom the majority is found in the peri-urban areas of the municipality. A significant characteristic of the Phokwane population is the youth who account for 33% (ages 15–34) of the total population. The economy of Phokwane is based on agriculture, community development, retail, private household and informal sectors. These five sectors alone provide jobs to 11 160 persons within the municipal area. This accounts for 65% of employment within Phokwane. In terms of agriculture Phokwane exports grape, citrus and olive products. The dominant languages in the area are Setswana, Afrikaans and Isixhosa with each of the languages having 70%, 25% and 5% users respectively.  read more »


Inflation

The Consumer Price Index (CPI) and Producer Price Index (PPI) are the two primary measures of inflation for South Africa. Both indicators are published on a monthly basis.The Consumer Price Index tracks the rate of change in the prices of goods and services purchased by consumers. The headline CPI is used as the inflation target measure which guides the South African Reserve Bank on the setting of interest rates.

The Producer Price Index tracks the rate of change in the prices charged by producers of goods. Stats SA publishes PPIs for different industries with the PPI for final manufactured goods being the headline PPI. Additional PPIs are compiled for Agriculture, forestry and fishing; Mining and quarrying; Electricity and water; Intermediate manufactured goods; Imports and Exports; and Construction.

The PPI is widely used by businesses as a contract escalator and as a general indicator of inflationary pressures in the economy.

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