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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 »


A ten-year snapshot of business profitability in South Africa

A ten-year snapshot of business profitability in South Africa

How well have South African businesses performed? This can be a complicated question that can be tackled with a range of indicators. From the wealth of financial data available from the recently published Quarterly Financial Statistics (QFS), Stats SA takes a look at one such indicator: the profit margin ratio.   A limitation of financial   read more »


Media Statement: Financial Census of Municipalities

29 June 2016 Financial census of municipalities for the year ended June 2015   According to the Financial Census of Municipalities results released by Statistics South Africa today, for the financial year ended 30 June 2015, municipalities across South Africa had received an income of R309 billion from all sources of income, this represented an   read more »


Finding a home in a big pond

Finding a home in a big pond

Finding a home in a big pond It is often said that small businesses hold the key to economic growth. Recently released data paint an interesting picture of where small businesses are making a substantial contribution to economic activity. Stats SA’s latest Quarterly financial statistics reports that the private sector earned a total of R2,1   read more »


Education report focusing on the Eastern Cape

Media Release                                                                                                                                                                                                                                                  26 February 2016 Education report focusing on the Eastern Cape The Eastern Cape has the second highest percentage of learners in the country that did not pay school fees (81%) in 2013 whereas Limpopo has the highest with 91,0%. This is significantly higher than the national average (62,4%).In 2013, 87,2% learners attended   read more »


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 »


Hotel occupancy falls, but income from accommodation is up

Hotel occupancy falls, but income from accommodation is up

Hotel occupancy fell to 48,2% in June 2015, according to preliminary figures in Stats SA’s latest Tourist accommodation release. The hotel occupancy rate followed a seasonal pattern by falling in June after peaking in both October (62,4%) and February (60,6%)1. However, hotels had proportionally fewer rooms filled in June compared with the same month in   read more »


Electricity redistribution: Which councils are likely to feel the pinch?

Electricity redistribution: Which councils are likely to feel the pinch?

In April 2015 the acting CEO of Eskom suggested that in order to improve Eskom’s financial situation, that the utility bypass municipalities and supply all customers directly with electricity. How would municipalities be affected if this proposal is adopted? Acting as middle-men, municipalities buy electricity from Eskom in bulk and then re-sell the power to   read more »


Education costs continue to outstrip inflation

Education costs continue to outstrip inflation

It is often said that an investment in knowledge pays the best interest. A good education is worth its weight in gold, but recent figures released by Stats SA indicate that South African households will have to make more room in their budgets to pay for rising tuition fees. Stats SA updates education inflation figures   read more »


Environmental Economic Accounts Compendium

Environmental Economic Accounts Compendium

South Africa’s natural resources in the spotlight The natural environment provides resources that drive the economy and other human activities. Stats SA recently released estimates on the amount of energy, mineral and fishery resources available in South Africa, and the extent to which these are being consumed. The following are three interesting observations from the   read more »


P0141.5 - Consumer Price Index (CPI): Weights

This statistical release contains the weights for the historical metropolitan areas in total according to the new weighting structure of the CPI following rebasing. The weights for the various expenditure groups as well as for the pensioners index, core inflation index and the CPIX (CPI, excluding interest rates on mortgage bonds) are presented in this statistical release.read more »


P0141.5 - Consumer Price Index (CPI): Weights

This statistical release contains the weights for the historical metropolitan areas in total according to the new weighting structure of the CPI following rebasing. The weights for the various expenditure groups as well as for the pensioners index, core inflation index and the CPIX (CPI, excluding interest rates on mortgage bonds) are presented in this statistical release.read more »


P0141.2 - Consumer Price Index: Rural areas and total country

This release contains results of the monthly Survey of Consumer (Retail) Prices. The purpose of the survey is to collect and provide information regarding changes in the overall level of prices of all goods and services bought by the average household. This publication contains the CPI (Inflation) rates. As from the January 2007 publication the P0141.1 Consumer Price Index (CPI) - Headline and the P0141.2 Consumer price Index (CPI) - Rural areas and total country are combined into this one publication.read more »


P0141.1 - Consumer Price Index - Headline

This release contains results of the monthly Survey of Consumer (Retail) Prices. The purpose of the survey is to collect and provide information regarding changes in the overall level of prices of all goods and services bought by the average household. This publication contains the CPI (Inflation) rates. As from the January 2007 publication the P0141.1 Consumer Price Index (CPI) - Headline and the P0141.2 Consumer price Index (CPI) - Rural areas and total country are combined into this one publication.read more »


DiscussCPIRural - Consumer Price Index

This discussion paper contains findings based on the CPI for rural areas as well as for the total country. This is based on the prices monitored in the smaller towns, as no pricing surveys are undertaken in the rural areas. read more »


Mpofana

The Mpofana Municipality is strategically located along the national N3 highway and is approximately 70 km from Pietermaritzburg. The Mooi River sits at the heart of the Midlands Meander with interesting attractions such as the Linen Loft and Sharrow Weaving. Stretches of the river offer boating facilities whilst the upper reaches are a fly fisherman's paradise. Further upstream, the Mooi River Falls are a marvellous site to watch when the river is flooded. The predominant occupation in the area is agriculture, with a wide range of agricultural products being produced. Dairy and stock farming are, however, the main farming activities (uMgungundlovu District Municipality IDP 2012/13).read more »


Joe Morolong

The Joe Morolong Local Municipality was established in 2000 and serves 15 wards, most of which are rural. Although unemployment is high, the municipality has great potential for developers, especially those interested in ecotourism and conservation.

The municipal area is approximately 5 813 km² in size. Joe Morolong Local Municipality is part of the John Taolo Gaetsewe District Municipality. The municipality strives to deliver basic services to its community by ensuring that there is water, sanitation and electricity.

(Source: www.localgovernment.co.za).

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Stellenbosch

Stellenbosch Local Municipality (also known as Stellenbosch Municipality) in the Western Cape is the local municipality that governs the towns of Stellenbosch, Franschhoek and Pniel, and the surrounding rural areas. It covers an area of 831 km2 (321 sq mi) (Source: en.wikipedia.org). The 900 km2 municipal area is internationally renowned for its beautiful environment, many places of interest, wine farms, street cafes, restaurants, quality wines, historical buildings and excellent educational institutions. The major portion of the area is utilised for agriculture (mainly wine production) and it includes the towns of Stellenbosch, Franschhoek and settlements such as Klapmuts, Koelenhof, Kylemore, Johannesdal, Pniel, Jamestown and Raithby. Stellenbosch town is 50 km to the east of Cape Town and is – after Cape Town – the oldest town in South Africa. (Source: www.stellenbosch.gov.za).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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Jozini

Jozini Local Municipality is under Umkhanyakude District Municipality, located in the north eastern part of Kwazulu Natal.  The municipality shares a border with Swaziland to the west and Mozambique to the north.  It  covers 3057 km² of the total  area  of Umkhanyakude  District Municipality.  Jozini was predominatly a rural municipality with 89% of the population residing in rural areas under the jurisdiction of tradional authorities. Main towns *** Census 2011 reveals that Jozini is the most populated municipalty within Umkhanyakude making up (186 502) 29.8% of the Umkhanyakude District. Jozini has a large dam constructed on the Phongola River on the eastern end of a narrow gorge separating the Lebombo  and Ubombo mountains.  The main towns include Ingwavuma, Jozini, uBombo, Bhambanana, Mkuze and Ndumo.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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