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Steep slump in GDP as COVID-19 takes its toll on the economy

Steep slump in GDP as COVID-19 takes its toll on the economy

The punch in the gut was severe. Perhaps the second quarter of 2020 will become known as the pandemic quarter. South Africa’s economy suffered a significant contraction during April, May and June, when the country operated under widespread lockdown restrictions in response to COVID-19. Gross domestic product (GDP) fell by just over 16% between the   read more »


Mbalo Brief – July 2020

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 »


Decline in formal sector jobs in first quarter 2020

Decline in formal sector jobs in first quarter 2020

According to the Quarterly employment statistics (QES) survey released by Statistics South Africa (Stats SA) 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 10,2 million. According to the report, formal sector jobs rose   read more »


Mbalo Brief – June 2020

In this month of June, South Africans commemorate the 1976 June 16 uprising when more than 15 000 students in Soweto took to the streets to march against the Bantu education policies. Although the youth of 1976 fought against unequal education and language amongst other issues, the youth of today are faced with a different   read more »


GDP falls by 2,0%

GDP falls by 2,0%

The South African economy recorded its third consecutive quarter of economic decline, falling by 2,0% (seasonally adjusted and annualised) in the first quarter of 2020.1 This followed a contraction of -1,4% and -0,8% in the fourth and third quarters of 2019, respectively. The results presented here cover the period 1 January 2020 to 31 March   read more »


COVID-19: Nine in ten businesses report reduced turnover

COVID-19: Nine in ten businesses report reduced turnover

The second wave of Stats SA’s COVID-19 business impact survey provides an update on how South African businesses are currently faring under lockdown. The first impact survey covered the period 30 March to 13 April 2020, and the results were published on 21 April.1 The survey asked firms in the formal sector how the COVID-19   read more »


COVID-19: Four in ten businesses feel that they cannot continue to operate

Media release                                                                                               21 April 2020  COVID-19: Four in ten businesses feel that they cannot continue to operate  The results of a rapid response survey conducted by Stats SA during the lockdown was released today. Businesses were asked how the current crisis affected their operations in the two-week period from 30 March to 13 April 2020.   read more »


COVID-19: Four in ten businesses feel that they cannot continue to operate

COVID-19: Four in ten businesses feel that they cannot continue to operate

A rapid response survey, conducted by Stats SA during the lockdown, asked businesses how the current crisis is affecting their operations in the two-week period from 30 March to 13 April 2020. This is what they told us. A total of 707 businesses in the formal sector responded to the survey, outlining the pandemic’s impact   read more »


COVID-19 lockdown impacts publication of economic statistics

Media release                                                                                                              17 April 2020 COVID-19 lockdown impacts publication of economic statistics  Statistics South Africa recently issued a media statement on the impact of the lockdown on data collection processes and scheduled web statistical releases. In light of the extension of the lockdown, we felt it important to keep the public apprised of the continuing   read more »


Impact of COVID-19 on Economic Statistics in Statistics South Africa

Background The personal, social and economic impact of COVID-19 is unlike anything experienced by the world in the past 75 years. Stats SA is aware of the need for timely data to understand these impacts, but is equally constrained by the restrictions put in place to manage the spread of the coronavirus. The task of   read more »


P0044 - Quarterly financial statistics (QFS)

This statistical release contains financial information from a sample of enterprises in the formal non-agricultural business sector. read more »


StatsInBrief - Statistics in Brief

Information in Statistics in Brief is taken from Statistics South Africa (Stats SA) releases and reports.read more »


P0142.1 - Producer Price Index (PPI)

This publication contains results of the monthly Surveys of Prices of Locally Produced Commodities (which are locally sold or exported). These indices for commodities are classified to designated industries of the South African economyread more »


P3041.2 - Manufacturing: Production and sales

This statistical release contains information regarding indices of the physical volume of manufacturing production and the total value of sales of manufactured products, according to manufacturing divisions on a monthly basis.read more »


P3043 - Manufacturing: Utilisation of production capacity by large enterprises

This statistical release contains historical information regarding utilisation of production capacity, total under-utilisation and reasons for under-utilisation according to manufacturing divisions on a quarterly basis.read more »


Buffalo City

Buffalo City Metropolitan Municipality is in the Amathole District of the Eastern Cape Province, on the eastern coast of South Africa.  Consisting of the towns of East London, King William’s Town, Mdantsane, Zwelitsha and Bhisho, the municipality was named after the Buffalo River, which flows through East London.

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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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Ekurhuleni

Ekurhuleni Metropolitan Municipality occupies 1 975km2of the land area in the province of Gauteng (Wikipedia).  The name Ekurhuleni means ‘place of peace’ in Tsonga (Wikipedia), and the municipality is one of three metropolitan municipalities within Gauteng.  Ekurhuleni is also home to South Africa’s largest airport, OR Tambo International Airport, which is located in the Kempton Park area.

Ekurhuleni is highly urbanised, with 99,4% of the population living in urban settlements ranging from informal settlements to elite urban residential suburbs.  A number of large urbanised townships, such as Katlehong and Tokoza, also occupy the landscape.

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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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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 »


Economic Growth

The diverse structure of the South African economy is a critical aspect of its historical and current growth performance.  The manufacturing sector continues to occupy a significant share of the South Africa economy, despite its relative importance declining from 19 percent in 1993 to about 17 percent in 2012 in real terms.

In line with structural changes in many economies, it not surprising to observe that the finance, real estate and business services sector has increase its relative importance of 17 per cent in 1993 to approximately 24 per cent in 2012. These two sectors and a few more are an important part of the South African growth story since the dawn of democracy.

Despite that, less than a decade into the 21st century, many countries, including South Africa, experienced the global economic crisis.This has affected economic growth in South Africa over the last four years, prompting a deceleration in rate of economic growth.

South Africa experienced an average growth rate of approximately 5 per cent in real terms between 2004 and 2007. However, the period 2008 to 2012 only recorded average growth just above 2 per cent; largely a result of the global economic recession.

Of the nine provinces in South Africa, three power houses stand out. Gauteng, Kwazulu-Natal and Western Cape collectively contribute a significant portion to the country’s value added, reported at over 60 percent.

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National Accounts

The diverse structure of the South African economy is a critical aspect of its historical and current growth performance. The manufacturing sector continues to occupy a significant share of the South Africa economy, despite its relative importance declining from 19 percent in 1993 to about 17 percent in 2012 in real terms. In line with structural changes in many economies, it not surprising to observe that the finance, real estate and business services sector has increase its relative importance of 17 per cent in 1993 to approximately 24 per cent in 2012. These two sectors and a few more are an important part of the South African growth story since the dawn of democracy.read more »