A decline in tuition fees dents higher education revenue
The COVID-19 pandemic and subsequent lockdown restrictions in 2020 impacted the finances of higher education institutions. There was a subdued increase in revenue, stifled by a decline in the collection of tuition fees. Higher education institutions spent less money, largely on the back of lower operational costs. Total revenue increased, but only marginally The amount read more »
Further delay in the release of the General Household Survey (GHS) 2020 results
Postponement Notice: GHS further delay  For immediate release                                                                           27 October 2021  Further delay in the release of the General Household Survey (GHS) 2020 results In August, Statistics South Africa announced a delay in the release of its social surveys, including the General Household Survey (GHS), which was rescheduled for release on 28 October read more »
New samples for monthly business cycle indicators
Introduction In September 2021, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport. New samples for read more »
Ecosystem Accounting
A more recent aspect of NCA is ecosystem accounting, which focuses on accounting for ecosystem assets and ecosystem services. Ecosystem Accounts fall under the System of Environmental-Economic Accounting (SEEA)1 Ecosystem Accounting2 framework, which provides a framework for systematic measurement of ecosystem assets, ecosystem services, and the benefits generated from ecosystem services for people and the read more »
Five facts about the electricity, gas & water supply industry (2019)
We are all keenly aware of the electricity challenges our country is facing. Here are five key facts from Stats SA’s latest report on the industry, covering data on the nation’s energy mix, electricity production, and employment. The Electricity, gas and water supply industry report for 2019 covers the results of a large sample survey read more »
A new and improved GDP is here!
Stats SA has finalised a comprehensive overhaul of its national accounts. The latest gross domestic product (GDP) rebasing and benchmarking exercise has resulted in an upward revision in the size of the economy, as well as changes to the composition of the supply and demand sides of economic activity. Remaining relevant is key Any statistical read more »
Realizing women’s rights for an equal future on Women’s Day
There is no doubt that South Africa has made significant progress towards achieving gender equality since 1956, when 20 000 women marched to the Union Buildings on 9 August in protest against the extension of Pass Laws to women. Activists rebelled against a patriarchal system designed to control women and reduce them to submissive beings read more »
Headline GDP growth rate will no longer be annualised
If you work with gross domestic product (GDP) data or have an interest in economic statistics, the following note might be important to you. Stats SA announced in its most recent GDP statistical release1 that it will no longer use the annualised rate as the headline rate of change. There are several measures of economic read more »
GDP: Quantifying SA’s economic performance in 2020
Stats SA’s Gross domestic product (GDP) release for the fourth quarter of 2020 (October–December) concludes the series for the year, providing a sobering overview of 2020. Manufacturing and trade help lift growth in the fourth quarter The economy grew by 1,5% in the fourth quarter, giving an annualised1 growth rate of 6,3%. This follows read more »
Reweighting and rebasing of the producer price index
19 February 2021 The producer price indices (PPIs) for January 2021 will reflect updates to the basket and weights, and will be rebased to December 2020 = 100. Tracking price changes of locally produced goods, the PPIs cover the following industries: manufacturing; water and electricity; mining and quarrying; and agriculture, forestry and fishing. Industry-level weights read more »