Stats SA to release revised gross domestic product estimates in November

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Stats SA to release revised gross domestic product estimates in November

Stats SA to release revised gross domestic product estimates in November

On 25 November 2014 Statistics South Africa (Stats SA) will publish the first estimates of gross domestic product for the 3rd quarter of 2014. This statistical release will, however, differ from previous releases in two important aspects. Benchmarking and rebasing It is good international practice to periodically change the reference year used in economic statistics,   read more »


Petrol and food prices push inflation higher in January

Petrol and food prices push inflation higher in January

2014 kicked off with an acceleration in the inflation rate to 5,8% from the 5,4% recorded in December last year.  A 3% monthly increase in the petrol price was the biggest factor driving the change.  Annual petrol inflation now stands at just under 15%. Food prices rose by 1,6% between December and January, mainly driven   read more »


What is the Consumer Price Index?

The Consumer Price Index (CPI) measures monthly changes in prices for a range of consumer products. Changes in the CPI record the rate of inflation. The CPI can also be used as a cost-of-living index. HOW IS THE CPI MEASURED? The prices of goods and services consumed by South Africans are used to calculate an   read more »


Mbalo Brief – July 2013

The month of July is a special month to many people all over the world because it marks the last half of the year. Many consider this month as a chance to step back and evaluate their achievements and goals for the year.  What most people do not know about July is that it starts   read more »


Tenure of members of Council

9. (1) The members of the Council hold office for such period, not exceeding three years, as the Minister determines in respect of each such member. (2) An appointed member of the Council vacates office if— (a) he or she resigns after giving 30 days notice in writing to the Minister; (b) the period of   read more »


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Nelson Mandela Bay

Nelson Mandela Bay Municipality is located on the south- eastern coast of Africa in the Eastern Cape.  It is one of eight category A municipalities in South Africa.  In 2001, the Nelson Mandela Bay Metropolitan Municipality was formed as an administrative area covering Port Elizabeth, the neighbouring towns of Uitenhage and Despatch, and the surrounding agricultural areas.  Nelson Mandela Bay is a major seaport and automotive manufacturing centre.

The Coega Industrial Development Zone (IDZ) is situated within the Nelson Mandela Metropolitan Municipality.  The initiative is a multibillion-dollar industrial development complex customized for heavy, medium and light industries.  It is adjacent to a deepwater port, the Port of Ngqura, and covers 110 km² of land.  The city’s unique advantage of possessing two ports, namely Port Elizabeth Harbour and Ngqura, creates an opportunity for the city to establish a strong and vibrant maritime sector.

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Mier

MIER Local Municipality is situated adjacent to one of the world’s largest conservation areas, namely the Kgalagadi Transfrontier Park, and comprises a municipality bigger than the Free State province. Rietfontein, which is the main town, is situated approximately 280km north-west from the nearest big town of Upington. Mier Local Municipality borders with Namibia in the west, the Kgalagadi Transfrontier Park in the north, and Botswana in the north-east. It forms part of the Siyanda District Municipality. Mier Local Municipality consists of nine small towns, namely Rietfontein, Philandersbron, Loubos, Klein Mier, Groot Mier, Welkom, Askham, Noenieput and the !Khomani San community within its jurisdiction. The name "Mier" is an Afrikaans word that originates from the word "mere" which means "lakes". When German missionaries visited the area a long time ago, they found the pans in the area full of water that they called them "mere". As language changed, the people later pronounced it as "mier". Area: 22 468km²read more »


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