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Economic recovery from COVID-19: Not all countries are equal

Economic recovery from COVID-19: Not all countries are equal

The South African economy took almost two years to recover from the worst of the COVID-19 pandemic. How does this compare with other countries? After plummeting in the second quarter of 2020 – when lockdown restrictions were at their most stringent – South African gross domestic product (GDP) clawed itself back to pre-pandemic levels in   read more »


Municipal finances and electricity: 11 years in perspective

Municipal finances and electricity: 11 years in perspective

Rising prices are hitting consumers hard, and the cost of electricity is no different. Municipalities play a significant role in the distribution of electricity in South Africa. Acting mostly as intermediaries, municipalities buy electricity from Eskom and then resell it to businesses, homes and other institutions. Eskom tariffs and purchases and sales of electricity A   read more »


Love it or hate it – the rand turns 60

Love it or hate it – the rand turns 60

While many couples will be celebrating Valentine’s Day this Sunday, 14 February, historians may have a different take on the day. 14 February 2021 is the 60th anniversary of the introduction of the rand as South Africa’s currency. Following the adoption of recommendations of the Decimal Coinage Commission in 1958, the British-styled pounds, shillings and   read more »


Dismal December for retailers

Dismal December for retailers

The most important month of the year for retail trade is December, when many consumers are on holiday and go Christmas shopping. But December 2018 was a tough month for retail in South Africa. The volume of sales fell by 1,4% year-on-year, which was the first negative annual growth rate since February 2017. The poor   read more »


The ups and downs of gross domestic product

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 »


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 »


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 »


P0141.4 - Consumer Price Index (CPI): Adjustment of base period

This publication contains historical Consumer Price Index. (CPI) figures rebased to new base periods and explanations of the adjustment of the base period.read more »


Greater Letaba

Greater Letaba Local Municipality (GLM) is characterised by contrasts such as varied topography, population densities (low in the south, relatively dense in the north-east), and prolific vegetation in the south (timber) and sparse vegetation in the north (bushveld). The availability of natural resources such as dams, tourism attractions, nature reserves and proximity to intensive economic activities create opportunities for economic spin-offs. The “gates” to the municipal area are considered to be Sekgopo in the west, Modjadjiskloof in the south, MamailaKolobetona in the north and Makgakgapatse in the east. The municipalityincorporates the proclaimed towns of Modjadjiskloof and Ga-Kgapane, situated in the south of the municipal area, and Senwamokgope towards the north-west of the area.

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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 »


Camdeboo

Camdeboo Local Municipality which incorporates the towns of Graaff-Reinet, Aberdeen, and Nieu-Bethesda is strategically situated as a portal to the mystical Karoo in an area renowned for its pristine natural environment, rich heritage, diverse peoples and cultures. The area (12,422km²) boasts a number of popular tourist attractions, beautiful landscapes and a healthy climate. Being situated in an arid area within the Cacadu district, Camdeboo faces many challenges, the biggest of which is water.The lack of sustainable and permanent water is probably the most inhibiting factor in the area’s development, as it restricts both agricultural and industrial activities. (http://mfma.treasury.gov.za)

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