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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 »


The role of biodiversity-based tourism in South Africa

A first of its kind, the release of South Africa’s experimental estimates for biodiversity-based tourism paints a picture of this sector’s contribution to economic activity, employment and tourism spend. What is biodiversity-based tourism? If you visit a game park, hike at a nature reserve, snorkel along the coast, relax in a national botanical garden, or   read more »


Economic wrap-up for June 2024

Economic wrap-up for June 2024

June was a bumper month for statistical reports. Stats SA published 40 releases in the month, providing monthly, quarterly and annual economic updates. Here are a few highlights. The South African economy weakens in the first quarter The month began with the release of the latest gross domestic product (GDP) figures. The economy contracted by   read more »


Stats Biz – May 2024

Real gross domestic product (GDP) contracted by a marginal 0,1% in the first three months of 2024. 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 side of the economy, while the expenditure side witnessed a decline across   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 »


Economic wrap-up for March 2024

Economic wrap-up for March 2024

Stats SA had a packed publication schedule in March. The statistical agency published 37 releases in the month, including several annual and quarterly reports. Notable releases: Tourism, water and municipal services The headwinds from the COVID-19 pandemic hit all industries hard, including the tourism sector. Although tourism is slowly returning to an even keel, it   read more »


Tourism: the state of post-COVID-19 recovery

Tourism: the state of post-COVID-19 recovery

The economic fallout from COVID-19 affected many industries, including South Africa’s tourism sector. A decline in revenue from domestic (resident) visitors and inbound (non-resident) visitors, exacerbated by stringent travel restrictions, saw a fall in tourism trips, tourism-related expenditure, and employment. The sector has shown signs of recovering from the pandemic’s repercussions. The latest Tourism Satellite   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 »


P0441 - Gross Domestic Product (GDP)

This Statistical Release contains annual and quarterly estimates of the Gross Domestic Product (GDP). The estimates are based on the 2008 System of National Accounts (SNA2008) published by the United Nations in co-operation with other international organizationsread more »


D0441.1 - Provincial Gross Domestic Product: Experimental Estimates

Provincial Gross Domestic Product measures the size of the economy of provinces and its growth rate over time. In this discussion document, Stats SA is publishing experimental estimates of provincial gross domestic product from 2013 - 2022. Time series data covers both provincial GDP in nominal and real prices. These are not official statistics; rather, the aim of the document is to invite comment regarding the experimental estimates, data sources and the methodology followed. Subsequent to stakeholder interaction and feedback, an official statistical release will be developed and publishedread more »


Report 04-04-04 - Benchmarked and rebased estimates of Gross Domestic Product

Gross Domestic Product measures the size of the economy and its growth rate over time, and is the most familiar and widely recognised feature of the national accounts. Stats SA is publishing newly benchmarked real (or volume) Gross Domestic Product measured at constant 2015 prices, which replaces the previous Gross Domestic Product measured at constant 2010 prices. Stats SA is also publishing revised estimates of nominal Gross Domestic Product, measured at current prices, since these are inevitably affected by new methods, data sources and benchmarking. Rebasing and benchmarking, along with the introduction of new sources and methods, are essential activities for maintaining Gross Domestic Product as a reliable measure of economic performance. Stats SA has produced this sources and methods document (Report 04-04-04) specifically for South Africa. It covers the supply and use tables, the three different approaches to GDP (production, expenditure and income), and other related topics. read more »


P9110 - Quarterly financial statistics of municipalities

The quarterly Financial Statistics of municipalities is a quarterly survey that covers the entire local, district and metropolitan municipalities in South Africa. The results are used to estimate Gross Domestic Product (GDP) and its components as well as to assist the public sector with policy formulation and the analysis of local government finances.read more »


Report-04-07-01 - Information and communication technology satellite account for South Africa

It provides an overview of the role that ICT plays in the South African economy and provides information on the ICT sector’s contribution to the South African economy both in terms of expenditure and output. read more »


Nelson Mandela Bay

Nelson Mandela Bay Municipality is located on the south- eastern coast of Africa in the Eastern Cape.  It is one of eight category A municipalities in South Africa.  In 2001, the Nelson Mandela Bay Metropolitan Municipality was formed as an administrative area covering Port Elizabeth, the neighbouring towns of Uitenhage and Despatch, and the surrounding agricultural areas.  Nelson Mandela Bay is a major seaport and automotive manufacturing centre.

The Coega Industrial Development Zone (IDZ) is situated within the Nelson Mandela Metropolitan Municipality.  The initiative is a multibillion-dollar industrial development complex customized for heavy, medium and light industries.  It is adjacent to a deepwater port, the Port of Ngqura, and covers 110 km² of land.  The city’s unique advantage of possessing two ports, namely Port Elizabeth Harbour and Ngqura, creates an opportunity for the city to establish a strong and vibrant maritime sector.

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City of Tshwane

The City of Tshwane is the capital of South Africa and is the largest municipality, as measured by land mass. Tshwane is amongst the six largestmetropolitan municipalities in South Africa and the second largest in Gauteng, as measured by Gross Domestic Product (GDP). The Tshwane regioncovers 6 368km² of Gauteng’s 19 055km² and houses approximately 2,9million residents.Tshwane consists of seven regions with 105 wards and 210 councillors.

The City has a vibrant and diverse economy, which enables it to contribute at least 26,8% of the Gauteng Province’s GDP and 9,4% of the GDP of the national economy.  Tshwane is the administrative capital of South Africa and is home to the Union Buildings with government-related business playing an important role in the local economy.  As a result, the city is taking active measures to firmly position itself as Africa's leading capital city of excellence.  The municipality's main economic sectors are community services and government, followed by finance and manufacturing.  Metal products, machinery and household products are the largest sub-sectors within manufacturing.  The City has a well-established manufacturing sector, with the automotive industry representing the most significant component.

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eDumbe

èDumbe Local Municipality is situated in the north-western part of KwaZulu-Natal. It covers an area of 3 239 km².The municipal area of jurisdiction is demarcated into 8 wards which is predominantly rural in nature. The èDumbe Municipality is located in one of the poorest and poverty stricken district municipalities in KwaZulu-Natal. (It forms part of Presidential Nodes!). éDumbe is a gateway to KwaZulu-Natal Province and it is a shorter route from Mpumalanga Province to Durban or Pietermaritzburg. In that sense it can attract many tourists who are exploring KZN.read more »


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 »


Govan Mbeki

Govan Mbeki Local Municipality is located within the Gert Sibande district, Mpumalanga. The municipality boasts both mining and manufacturing sectors that contribute significantly to the local, provincial and national GDP (http://cgta.mpg.gov.za).

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Agricultural Statistics

The history of agricultural statistics in South Africa goes back as far back as the beginning of the 20th century. With the exception of the World Wars and great depression years, an agricultural census was conducted on annual basis in the first half of the 20th century. As agriculture’s contribution to the country’s gross domestic product (GDP) decreased over the years, so did the frequency of conducting agricultural censuses. Post 1994, agricultural censuses have been conducted on a five yearly basis, with annual surveys being conducted in between the census years. Until now, agricultural censuses and surveys have largely concentrated on commercial agriculture leaving out small-scale and subsistence agriculture. In 2009, Statistics South Africa (Stats SA) conducted an audit of agricultural statistics in the country. One of the findings was that the country lacked information on smallholder and subsistence agriculture. The current list of farmers being used to conduct surveys was mainly confined to commercial agriculture. A decision was taken that three questions related to agriculture would be included in the Population Census 2011 (Census 2011) questionnaire. The main objective was to identify all households involved in agriculture in the country, so that a complete frame of all individuals and entities involved in agriculture (both subsistence and commercial) could be generated. This will allow for a comprehensive agricultural census to be conducted.read more »


Transport

Travel survey – Online Updates The National Household Travel survey (NHTS) provides insight into the travel patterns of South African households, providing information on modes of transport used, such as land, air and water transport, as well as cycling, walking, public and private transport. Also included are statistics on travel times, transport challenges experienced by households, and travel patterns related to work, education and leisure. NHTS surveys were conducted in 2003, 2013 and 2020. Transport and the need for transport has become an important part of daily life in South Africa. Not only does the movement of goods and services play an important part in the South African economy, but the types of transport available to individuals affects spatial decisions in terms of work, entertainment, education and place of residence. Stats SA publishes a range of transport-related information in various reports and publications. Travel survey The National Household Travel survey (NHTS) provides insight into the travel patterns of South African households, providing information on modes of transport used, such as land, air and water transport, as well as cycling, walking, public and private transport. Also included are statistics on travel times, transport challenges experienced by households, and travel patterns related to work, education and leisure. NHTS surveys were conducted in 2003 and 2013. Transport and the economy Stats SA’s quarterly Gross domestic product (GDP) release provides information on the size and growth of various industries in the South African economy, including the transport industry. The same publication also includes figures on overall household expenditure on transport. The monthly Motor trade sales release provides the time series data of trade in motor vehicles and motor accessories. The Land transport survey, published on a monthly basis, provides data on passenger and freight transportation by land. The Producer Price Index (PPI) release provides information on the prices of transport equipment leaving the factory gate. The extent to which prices of fuel, public transport and private transport are changing is covered in the monthly Consumer Price Index (CPI) release. Employment Stats SA’s Quarterly Labour Force Survey (QLFS) and Quarterly Employment Survey (QES) provide information on the number of individuals employed in various industries, including the transport industry. Financial indicators The Quarterly Financial Statistics (QFS) and Annual Financial Statistics (AFS) reports provide a financial overview of various industries, including transport, storage and communication. Data on turnover, income and expenditure, profit or loss and various balance sheet items are also included in the reports. The transport and storage industry report for 2013 provides more in-depth information on the size, nature and structure of the transport and storage industry. This periodic survey provides details on employment within the industry, trading income, expenditure, profit or loss, inventories, sales and services, and purchases.read more »