Working capital: how do South African businesses fare?

Working capital: how do South African businesses fare?

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 »


Government spending climbs to R1,71 trillion

Government spending climbs to R1,71 trillion

The South African government spent 7,3% more in 2017/18 than it did in 2016/17. The rise was largely driven by general public services, education and health. This pushed total government spending up to R1,71 trillion1 in 2017/18, R116 billion more than the R1,59 trillion spent in 2016/17. This is according to the latest Financial statistics of consolidated general   read more »


Inflation the lowest in over eight years

Inflation the lowest in over eight years

Annual consumer inflation continued its downward streak, dropping to 3,7% in October from 4,1% in September. October’s reading is the lowest since February 2011 when the annual rate was also 3,7%. Consumers can breathe a sigh of relief at this news, as the prices of many goods and services are increasing at a much slower   read more »


South Africa sees Improvement on Social Challenges

South Africa sees Improvement on Social Challenges

Like many countries around the world, South Africa has faced many socio-economic challenges over the years. Emphasis has been placed on improving the lives of citizens by targeting poverty, inequality and unemployment. A recently released report by Statistics South Africa, in partnership with Agence Francaise de Développement (AFD), Southern Africa Labour and Development Research Unit   read more »


Public-sector capital expenditure continues to fall

Public-sector capital expenditure continues to fall

Public-sector investment in the nation’s infrastructure slowed for a second consecutive year, falling by 8,2% in 2018. This followed a 4,0% decline in 2017. These decreases have seen public-sector capital expenditure slip to a level last seen in 2014. Capital expenditure is money that institutions spend to buy, maintain or upgrade fixed assets such as   read more »


Unemployment rises slightly in third quarter of 2019

Unemployment rises slightly in third quarter of 2019

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 »


Tertiary education’s salary bill

Tertiary education’s salary bill

South Africa’s 26 higher education institutions spent R40 billion on compensation of employees in the 2018 financial year. That represents 61% of total spending1, according to the latest Financial statistics of higher education institutions report. This includes line items such as salaries and wages, pension benefits, medical aid, and bonuses. Higher education spending has been in   read more »


CPI inflation edges lower in September

CPI inflation edges lower in September

South African annual consumer inflation slowed in September, falling to 4,1% from 4,3% recorded in August. The inflation rate has hovered between 4% and 5% since December last year and has been below 4,5% for the past three months. More significantly, it has remained below the South African Reserve Bank’s (SARB) 6% monetary policy ceiling   read more »


Housebreaking is the number one crime in SA

Housebreaking is the number one crime in SA

There were about 1,3 million incidences of housebreaking affecting 5,8% of households in South Africa. The most likely victims of housebreaking were male-headed households, households in metros, Indian/Asian households followed by white households, very low and very high-income households, and households in Northern Cape, Gauteng and KwaZulu-Natal. Approximately 48% of affected households reported incidences to   read more »


More than 1 million births registered in 2018

More than 1 million births registered in 2018

Just over 1 million births were registered in South Africa in 2018. According to the Recorded live births, 2018 report released by Statistics South Africa, this reflects an increase of 2,0% from 2017 to 2018. A total of 1 009 065 births were registered in 2018. This includes the total number of births that occurred and   read more »