In the 3rd quarter of 2020 there were significant movements in the South African labour market. According to the Quarterly Labour Force Survey (QLFS), a large number of persons moved from the “other not economically active” category to “employed” and “unemployed” status between quarter two and quarter three of 2020. The movement was proportionately more   read more »

For immediate release                                                                                     8 November 2020 Stats SA mobilises expertise to counsel on Census 2021 delivery Statistics South Africa (Stats SA) has appointed a Census National Advisory Committee (NAC), which will serve as an oversight body to advise the Statistician-General as he coordinates and oversees the delivery of the country’s digital population count, Census 2021.    read more »

In June 2020, government announced the roll-out of an extensive infrastructure investment drive that would cover 55 projects across six sectors. The programme is an attempt to kick-start an economy battered by COVID-19, as well as to address a history of chronic infrastructure underspending.1 The concern over declining infrastructure investment is further confirmed by Stats   read more »

On 28 July 2020, Statistics South Africa (Stats SA) published the Quarterly employment statistics (QES) survey results for the first quarter of 2020. According to the survey, the formal non-agricultural sector shed 3 000 jobs in the first quarter of 2020. This brings the total number of persons employed in the formal non-agricultural sector in South Africa to   read more »

Total employment increased by 16 000 or 0,2% quarter-on-quarter, from 10 197 000 in September 2019 to 10 213 000 in December 2019. This was largely due to increases in the following industries: trade (39 000 or 1,7%), business services (12 000 or 0,5%) and community services (3 000 or 0,1%).The electricity industry remained unchanged.   read more »

The South African economy contracted by 1,4% in the fourth quarter of 2019, following a contraction of 0,8% (revised) in the third quarter.1 Transport and trade were the main drags on overall activity, according to the latest gross domestic product (GDP) figures. Seven of the ten industries contracted in the fourth quarter. Finance, mining and   read more »

After rebounding by a revised 3,2%1 in the second quarter of 2019, activity in the South African economy slipped slightly in the third quarter. Mining, manufacturing and transport were the biggest drags on growth in gross domestic product (GDP). Mining was down by 6,1%, driven largely by a fall in the production of platinum group   read more »

Stats SA provides a snapshot of working capital across the formal business sector in the latest release of the Annual Financial Statistics (AFS) report. Working capital is a measure of a company’s liquidity and is one of a number of measures that provide insight into a company’s ability to pay off debt. To calculate working   read more »

South Africa’s unemployment rate increased by 0,1 of a percentage point to 29,1% in Q3 of 2019. According to the Quarterly Labour Force Survey (QLFS) released by Statistics South Africa, this is the highest unemployment rate since Stats SA started measuring unemployment using the QLFS in 2008. Between Q2: 2019 and Q3: 2019, the number   read more »

After shrinking sharply in the first quarter of 2019, the economy rebounded from a low base to record positive growth of 3,1%1 in the second quarter (April−June). Mining, finance, trade and government services were the main drivers of growth. Three industries (construction, agriculture and transport) registered a slump in production. Mining was the strongest performer   read more »