Category Archives: Government finances

Municipal service delivery: less for free

Municipal service delivery: less for free

More basic services are being extended to municipalities’ constituencies, but fewer of these services are being provided for free.   This is according to the 2014 annual Non-financial census of municipalities report, which provides municipal data on various services (i.e. electricity, water, sewerage and sanitation, and solid waste management), details on indigents, and information on   read more »


Extra-budgetary institutions focus their spending on social protection

Extra-budgetary institutions focus their spending on social protection

Stats SA’s latest extra-budgetary accounts (EBA) statistical release contains economically and functionally classified financial data on 233 funds for the 2013/14 fiscal year. EBAs do not operate through normal parliamentary budgetary processes, but they perform an integral role in delivering services of the national government. Some examples of EBAs include the South African Revenue Service,   read more »


Public-sector infrastructure investment beckons hope in trying times

Public-sector infrastructure investment beckons hope in trying times

In an environment of low real economic growth, South African public-sector institutions continued to plough an increasing amount of capital expenditure into the economy in the financial year 2013/14. This is evident from the latest capital expenditure survey, which indicates that total capital expenditure by the public sector rose from R224,8 billion in 2012/13 to   read more »


Rural municipalities continue to depend on government for revenue

Rural municipalities continue to depend on government for revenue

Rural municipalities continue to rely heavily on national government to finance their budgets, according to data from the latest release of Stats SA’s Financial census of municipalities report. For every R1 of revenue received by municipalities in the year 2014, 33c was in the form of grants and subsidies from national and provincial government. The   read more »


Municipalities experience a rise in employee-related costs

Municipalities experience a rise in employee-related costs

Employee-related costs of municipalities rose from R61,2 billion in 2012/13 to R68,4 billion in 2013/14, an rise of 11,6%. This is one of the findings from the latest Financial census of municipalities report published by Stats SA. Metropolitan municipalities contributed 57,3% (R39 billion) of total municipal employee related costs in 2013/14. Local municipalities contributed 34,6%   read more »


Debt, taxes and spending: national government finances in the spotlight

Debt, taxes and spending: national government finances in the spotlight

Approximately 9% (or R101 billion) of total national government expenditure for the 2013/14 financial year was on interest on state debt. This is one of the findings from Stats SA’s latest Financial statistics of national government report. Using financial data from 41 government departments, the report measures national government spending, broken down by function (e.g.   read more »


How much do South Africans spend on ICT?

How much do South Africans spend on ICT?

South African households spent R91,6 billion on ICT products in 2012, contributing 4,6% of total household expenditure. This is one of the findings from the Information and Communication Technology satellite account for South Africa report, which provides an overview of the economic role of the ICT sector in South Africa, in terms of household expenditure,   read more »


An overview of the non-profit sector in South Africa

An overview of the non-profit sector in South Africa

There were 127 032 non-profit institutions (NPIs) in 2014, according to a report released by Stats SA. Sourcing data from the Department of Social Development (DSD), the report offers an overview of the non-profit sector in South Africa, providing information on the various roles in which NPIs are involved, their income sources, and what they spend   read more »


Fewer companies going bust

Fewer companies going bust

Despite growing concern over the current state of the economy, recent data show that fewer companies closed down in 2014 compared to 2013. The good news is that this is a trend that has been happening for some time. According to the latest Statistics of liquidations and insolvencies report, released by Stats SA on Monday   read more »


A glimmer of hope in a time of darkness?

A glimmer of hope in a time of darkness?

With the current electricity supply problems gripping the country, some comfort can be drawn from recent financial data that indicates intensive investment in infrastructure by players in the electricity, gas and water supply industry. The recently published Quarterly financial statistics report, which provides a range of financial statistics on industries in the South African economy,   read more »