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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 »


Consumer inflation accelerates to 5,9%

Consumer inflation accelerates to 5,9%

Annual consumer inflation increased for a third consecutive month in October, verging on the upper limit of the South African Reserve Bank’s inflation target range. The headline rate was 5,9%, up from 5,4% in September. Consumer prices increased on average by 0,9% between September and October, the highest monthly rise in three months. The following   read more »


South Africa’s tourism trade balance entered negative territory in 2021

South Africa’s tourism trade balance entered negative territory in 2021

International visitors to South Africa bring much-needed foreign exchange. Dollars, euros and pounds are converted to rands and spent on tourism products like food, accommodation, recreation and transport. This helps drive domestic tourism-related activities within the country. There is often a lot of attention on the amount of money that non-resident visitors, comprising both tourists   read more »


A tale of two universities

A tale of two universities

South Africa’s two newest universities had their origins back in 2010. That year, the South African Government announced its intention to establish two new institutions of higher learning. In late 2011, the Department of Higher Education and Training, together with the University of Witwatersrand, formed the New Universities Project Management Team. This team was responsible   read more »


Economic wrap-up for October 2023

Economic wrap-up for October 2023

Stats SA published 25 statistical releases in October. Here is a quick overview of key economic indicators shaping the South African economy. Consumer inflation rises for a second consecutive month Inflation worries were stoked once again in September. The consumer price index (CPI), which reflects the changes in prices of a representative basket of goods   read more »


Trust in Government, Access to Services, and the Shadow of Corruption

Trust in Government, Access to Services, and the Shadow of Corruption

Access to government services is a cornerstone of any well-functioning society. In the realm of governance, the relationship between access to government services, levels of trust in government and public institutions, and individual experiences of corruption significantly impacts the overall well-being of a society. These factors are integral to the effectiveness and legitimacy of a   read more »


Public-sector capital expenditure increases in 2022

Public-sector capital expenditure increases in 2022

After five consecutive years of decline, capital expenditure in the public sector increased by R9,3 billion (4,6%), from R199,8 billion in 2021 to R209,1 billion in 2022. Extra-budgetary accounts and funds, national government, public corporations, provincial government and higher education institutions all recorded increases. However, there was a decline for local government, according to Stats SA’s Capital expenditure   read more »


Eastern Cape home to over 7.2 million people.

Eastern Cape is the fourth most populated province in South Africa, according to the latest Census 2022 results. The total population of Eastern Cape as counted in Census 2022 increased by 10, 2% from 6,5 million more than a decade ago in Census 2011 to 7,2 million in the latest population and housing census. A   read more »


Free State home to over 2,9 million people.

Media Release For Immediate Release 18 October 2023 Free State home to over 2,9 million people.  Free State is one of the smaller provinces in South Africa, ranked eighth according to the latest Census 2022 results. The total population of Free State as counted in Census 2022 increased by 8,0%, from 2,7m more than a   read more »


Mbalo Brief – October 2023

On the 10th of October 2023, Statistics South Africa (Stats SA) published the results of Census 2022. The latest census results show that the South African population grew to 62 million in 2022. Gauteng and KwaZulu-Natal continued to be the provinces with the largest population, at 15,1 million and 12,4 million, respectively. While Western Cape   read more »


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Hibiscus Coast

The South Coast is the second largest domestic tourism market after Durban, with about 2,2 million visitors annually. The towns along the coast are popular holiday resorts that offer a wide range of sports amenities and recreational activities.

However, the rural areas that now form part of the municipality are relatively underdeveloped. Much property growth is currently underway with the establishment of new shopping complexes and residential developments.

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Umdoni

Umdoni Municipality, with its base in Scottburgh, covers an area of 236 square kilometres. The Municipality is located in KwaZulu-Natal, about 50 km from Durban and 65 km from Port Shepstone. The urban areas of the municipality comprise the coastal towns of Scottburgh, Park Rynie, Pennington, Sezela, Bazely, Ifafa, Elysium and Mtwalume, and the inland towns of Umzinto / Umzinto North, including Shayamoya and Esperanza. The rural areas contain farms and Traditional Authority land, on which a number of rural settlements are to be found.read more »


uMshwathi

uMshwathi Municipality is situated within uMgungundlovu District Municipality immediately adjacent to Pietermaritzburg. uMshwathi comprises of four major urban centres (New Hanover, Wartburg, Dalton and Cool Air) as well as the rural residential settlements of Swayimane, Mpolweni, Thokozani and Ozwathini. uMshwathi covers an area of about 1 811 km². Economic development opportunities at uMshwathi include the rehabilitation and development of the towns, middle and high-income housing projects as well as development of a road corridor linking the N2 and N3 by traversing the municipality.The importance of agriculture in uMshwathi cannot be overemphasized. Sugar cane is the predominant agricultural pursuit. Manufacturing activities are mainly related to agricultural processing activities, notably sugar and timber processing activities.read more »


uMngeni

uMngeni Municipality pursues the creation of an enabling environment for investment opportunities, and the marketing of the municipality to domestic and international investors. A significant percentage of the high-potential agricultural land in the Midlands Meander falls within uMngeni Municipality. This provides an opportunity for agricultural sector growth. The forestry industry will be transformed through the establishment of community private partnerships. Small scale forestry opportunities will be created. The municipality seeks to build on the already successful tourism industry by promoting job creation in tourism, a safe and secure environment, and marketing the area as tourism destination (uMgungundlovu District Municipality IDP 2012/13).read more »


Mpofana

The Mpofana Municipality is strategically located along the national N3 highway and is approximately 70 km from Pietermaritzburg. The Mooi River sits at the heart of the Midlands Meander with interesting attractions such as the Linen Loft and Sharrow Weaving. Stretches of the river offer boating facilities whilst the upper reaches are a fly fisherman's paradise. Further upstream, the Mooi River Falls are a marvellous site to watch when the river is flooded. The predominant occupation in the area is agriculture, with a wide range of agricultural products being produced. Dairy and stock farming are, however, the main farming activities (uMgungundlovu District Municipality IDP 2012/13).read more »


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