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Quarterly Financial Statistics: Ratio Analysis

Quarterly Financial Statistics: Ratio Analysis

Given the vast amount of information appearing in detailed financial statements of companies, it may be difficult to discern significant relationships and trends in the data. One way to address this challenge is to use accounting ratios, which provides substantial insights into the relationships between variables and can indicate certain trends. Accounting ratios are calculated   read more »


Economic wrap-up for August 2024

Economic wrap-up for August 2024

The latest set of economic indicators paint a preliminary picture of economic performance in the second quarter (April–June). The quarter in a nutshell Several sectors enjoyed positive gains in the second quarter of 2024 compared with the first quarter of 2024. These include manufacturing, electricity generation, construction (buildings reported as completed to larger municipalities), wholesale   read more »


Economic wrap-up for July 2024

Economic wrap-up for July 2024

After a busy June, Stats SA’s publication schedule was quieter in July. The agency published 22 releases. Key highlights include an update on inflation and an exploration of South Africa’s biodiversity-based tourism sector. Consumer inflation softens to a six-month low Headline inflation edged lower to 5,1% in June from 5,2% in May. June’s print is   read more »


Economy 0,1% weaker in the first quarter

Economy 0,1% weaker in the first quarter

Real gross domestic product (GDP) contracted by a marginal 0,1% in the first quarter (January–March) of 2024.1 This followed a revised 0,3% increase in the fourth quarter of 2023. Weaker manufacturing, mining and construction drove much of the downward momentum on the production (supply) side of the economy, while the expenditure (demand) side witnessed a   read more »


Economic wrap-up for May 2024

Economic wrap-up for May 2024

Stats SA published 24 releases in May, with many providing a preliminary overview of economic performance in the first quarter (January–March). Key industries down in the first three months of the year Mining, manufacturing, electricity, construction, retail trade, motor trade and road transport were weaker in the first quarter of 2024 compared with the fourth   read more »


Most migrants to South Africa come from the SADC region for employment

Most migrants to South Africa come from the SADC region for employment

Labour migration, the movement of individuals across the borders for employment purposes, is a fundamental aspect of the global economy and has profound social, economic, and political implications. According to the report, Migration profile report for South Africa: A country profile 2023 released by Statistics South Africa (Stats SA), most migrants entering South Africa originate   read more »


Stats Biz – February 2024

South Africa’s economy grew by a marginal 0,1% in the fourth quarter, taking the annual growth rate for 2023 to 0,6%. Six of the ten industries kept the economy afloat, with the transport, storage & communication industry making the biggest positive impact. On the downside, trade, agriculture, construction and government were weaker. Explore the latest   read more »


Economic growth muted as 2023 draws to a close

Economic growth muted as 2023 draws to a close

South Africa’s economy grew by a marginal 0,1%1 in the fourth quarter (October–December), taking the annual growth rate for 2023 to 0,6%. Real gross domestic product (GDP) in the fourth quarter was R1 158 billion. This is above the pre-COVID-19 reading of R1 150 billion, but still below the peak of R1 161 billion recorded in the third quarter   read more »


Economic wrap-up for February 2024

Economic wrap-up for February 2024

February is a highlight of Stats SA’s publication schedule, with the release of various economic indicators for December concluding the results for the previous year. The preliminary data point to a lacklustre 2023, with several indicators in the red (Figure 1). Mining production, electricity generation, construction (the value of buildings completed as reported by large municipalities),   read more »


Economic wrap-up for November 2023

Economic wrap-up for November 2023

Stats SA published 25 statistical releases in November. Here is a quick overview of the latest economic indicators. Employment surpasses pre-COVID-19 levels Covering a sample of about 30 000 households across the country, the Quarterly Labour Force Survey reported a rise in employment figures in the South African workforce. The economy created 399 000 jobs in the   read more »


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Mandeni

Mandeni Local Municipality (formerly eNdondakusuka Local Municipality) is an administrative area in the iLembe District of KwaZulu-Natal in South Africa. Manufacturing, elementary work and plant and machine work are the highest non-farming categories of labour. Mandeni includes substantial areas of commercial agriculture, with the bulk of these areas under sugar-cane. Agriculture is the main employment sector in the area. Tourism industry in Mandeni is also observable at the Tugela Mouth area. The history of the area cannot be divorced from the tourism potential. Great battles have been fought by the Zulus against the British in this area through the involvement of King Cetshwayo. The area was one of the most important agricultural areas of the Kingdom of KwaZulu since the reigns of Kings Malandela, Jama, Senzangakhona, Shaka, Dingane and Mpande. During the reigns of Kings Shaka and Dingane, the eNdondakusuka area formed part of the area regarded as Prince Mpande’s sphere of influence. He had his house kwaMfemfeeGcotsheni in Ndulinde, which is where Prince Shingana was born and buried in 1911.read more »


KwaDukuza

KwaDukuza Municipality forms part of the iLembe District Municipality area (DC29), and lies on the east coast of KwaZulu-Natal, between eThekwini Metro in the south and Tugela River mouth in the north. The KwaDukuza municipal area stretches from the Zinkwazi River in the north to the UThongathi River in the South. The name KwaDukuza epitomizes the historical background of the area being the home to King Shaka’s Gravesite and Memorial. The town KwaDukuza is built on the original site of King Shaka‘s Royal settlement called Dukuza. The KwaDukuza museum is situated opposite the site of the King Shaka Memorial and is dedicated to the sugar industry and colonialism, the cultural heritage of the early settlers of the town Stanger.read more »


Musina

Musina in the Limpopo Valley is the northernmost town in South Africa. Situated close to the Beit Bridge border post between South Africa and Zimbabwe, it is the main entry point into the country from countries north of South Africa. The town developed around the copper mining industry in the area. Copper was first discovered in pre-historic times by the Musina people who named it ‘musina’, meaning ‘spoiler’, because they considered it a poor substitute for iron, which is what they were after. The mineral was later re-discovered and mined by 20th century miners. Today iron, coal, magnetite, graphite, asbestos, diamonds and copper are mined here. With fascinating attractions and many game farms in the area, tourism and hunting play an important role in the economy of the town. The recently declared world heritage site of Mapungubwe (meaning ‘Hill of the Jackal’) is one of the richest archaeological sites in the country. Botanical highlights of the region include fine specimens of baobab trees and impala lilies which are both protected species. Agricultural products include citrus, mangoes, tomatoes and dates.read more »


Thabazimbi

Thabazimbi Municipality is located in the south-western part of the Limpopo Province and has Botswana as its international neighbour. It is two hours drive from the City of Tshwane. The municipality has Marakele National Park, which is a subsidiary of the National Parks Board, and in the same standard as the Kruger National Park and Mapungube. The game lodges scattered around the area helps to promote environmental sustainability.read more »


Greater Taung

Greater Taung Local Municipality (NW 394) is situated in the western part of North West in the area of jurisdiction of Dr Ruth S Mompati District Municipality. The municipality is one of the five local municipalities in Dr Ruth S Mompati District Municipality.The municipality covers an area of 5 639 Km2, which accounts for 11,8 % of the total area of Dr Ruth S Mompati District Municipality.The main rural towns/townships in the municipal area are Reivilo, Pudimoe and Taung Central. About 95% of the municipal area is predominantly rural. There are about 106 widely-scattered villages in the municipal area. There are Northern Cape areas that one passes when going from one village to the other within the municipality, namely Pampierstad township and Northern Cape farms. These areas previously formed part of the municipality but were later moved to the Northern Cape during the last demarcation process. The municipality is divided into 26 administration wards and has a total of 52 councillors (both ward and PR councillors). As the municipality is predominantly rural, villages have been divided under the three tribal authorities under three paramount chiefs, namely Mankuroane, Mothibi and Motlhabane. The agricultural sector, both commercial and subsistence, is the major employer and contributor to the municipal economy. The municipal population stands at 177 642 (the largest in the district), with a total of 48 612 households.When compared to the 2001 population statistics, the population size has declined from a total of 182 164 to 177 642 in 2011. The average population density stands at 31,5km2.read more »


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