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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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Lekwa-Teemane

Lekwa-Teemane Local Municipality (NW396) is approximately 3 681 km² in extent. This land mass makes up 7,75% of the total area of the Dr. Ruth S Mompati District Municipality area. The administrative centre of the municipality is in the rural area of Christiana. The other offices are located in Bloemhof. The major towns are Bloemhof and Christiana, which are predominantly farming towns, hence the major private-sector employers are farmers. Both of these towns can be described as rural to semi-rural and spreads. Apart from these two rural towns, most of the residents live in villages and townships. Christiana and Bloemhof are about 60 km away from each other. The Christiana area is composed of Christiana town, Geluksoord township, Christiana farms and the Utlwanang township, whereas the Bloemhof area is composed of Bloemhof town, Bloemhof farms and the Coverdale township, Salamat township and Boitumelong township.

With a total of 14 930 households, Lekwa-Teemane Local Municipality has the smallest population in the Dr RSM district. The average population density for Lekwa-Teemane Local Municipality has increased from 13,5 people per km2 in 2001 to 14,5 people per km2 in 2011. The municipality is divided into seven administration wards and has a total of 14 councillors (both ward councillors and PR councillors).

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Kagisano Molopo

Kagisano Molopo Local Municipality (NW397), is approximately 23 827 km².The municipal name, Kagisano Molopo, emanates from two former local municipalities, namely Kagisano and Molopo, which were mergedon 18 May 2011 to form what is now known as Kagisano Molopo Local Municipality (KMLP). The local municipality is located at the north-western corner of the NorthWest province.It borders the Republic of Botswana to the north, Joe Morolong Local Municipality in the Northern Cape to the south-west,Naledi Local Municipality to the south-east, and Ratlou Local Municipality to the east. For the year 2013/14, the municipality runs at an estimated overall budget of R110 million (source: Kagisano Molopo IDP, 2012-2017). Kagisano Molopo Local Municipality is a 100% rural municipality which consists of 77 villages under the leadership of a single paramount chief. There are seven local chiefs who operate from seven areas/villages, namely Morokweng, Tlakgameng, Tseoge, Mmadinonyane, Phaposane, Mabane and Kgokgoje villages. The 77 villages are divided into 15 political wards with a total of 30 ward councillors. Kagisano Molopo is the second largest local municipality in terms of population size within Dr Ruth SegomotsiMompati District. As per Census 2011 results, the total population stood at 105 789, which constitutes 22,8% of the entire district’s population. The municipal population size increased from 100 469 in 2001 to 105 789 in 2011.read more »


//Khara Hais

//Khara Hais Local Municipality is a Category B municipality and is located in the Siyanda District Municipality, which is the second-largest district in the Northern Cape. It is the acknowledged commercial, educational, military, agricultural, medical, transport and tourist center of the area. The unusual spelling of the name of the local municipality, with the // glyph, is a result of the transcription of the click consonant used in the Kxoe language from which the name originates.

The municipality straddles the Orange River. The main towns in this area are Upington, Raaswater, Louisvale, Kalksloot, Leerkrans, Karos and Lambrechtsdrift. Upington is the central town situated 400km west of Kimberley. Upington has an airport and a landing strip. This town plays a very prominent role in the lives of the residents of this local municipality. Upington was established in the 1870s when the Reverend Christiaan Schroder was sent from Cape Town to establish a mission at the request of the Hottentots chieftain Klaas Lucas, who realized the importance of being able to read and write. Shortly after the establishment of the Mission, various pioneer settlers including Japie Lutz and the Reverend Schroder realized that the area was ideal for irrigation development and the first irrigation canals were hand-dug in 1880 - some of which are still in use today. Since then, Upington grew rapidly today, Upington is the Provincial Capital for the Northern Cape Province and as such has taken on a new and important role in the development of the whole region.

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!Kheis

!Kheis is a Khoi name meaning "a place where you live”, or “a home". The municipality is named in recognition of the Khoi people who were the first permanent dwellers of the area. The!Kheis Municipal Area was initially inhabited by the Khoi-San people, who are also the first permanent inhabitants of South Africa. The San, who lived a nomadic life, migrated through the area. The Korannas (Khoi group) arrived in the area during the 18th century. They were widely spread over the “Benede Oranje” area and consisted of various tribes, each with its own captain (leader). The groups who lived in the! Kheisarea, was under the leadership of Captain Willem Bostander and Klaas Springbok. Many of their descendants still live in the area today. Other Khoi-groups, such as the Griekwas, also migrated through the area and intermarried with the Korannas. Later coloured stock farmers, as well as white hunters and farmers arrived.read more »


Overstrand

Overstrand Municipality is a local municipality located within the Overberg District Municipality, in the Western Cape province of South Africa. Its unique offerings of the ultimate experience in land-based whale watching and shark cage diving, pristine Blue Flag beaches, excellent wine industry and top-class restaurants and accommodation make it an attractive tourist destination with a variety of activities. (http://www.localgovernment.co.za).

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