South African economy gains formal jobs in fourth quarter

South African economy gains formal jobs in fourth quarter

Figures from the Quarterly Employment Statistics (QES) survey showed that South Africa’s formal non-agricultural sector added 81 000 jobs in the fourth quarter of 2017, bringing the total number of persons employed in the formal non-agricultural to 9,8 million. The QES also showed formal sector jobs rise by 18 000 in the fourth quarter compared with the   read more »


How important is tourism to the South African economy?

How important is tourism to the South African economy?

At the 2018 International Travel Trade Show in Germany held in March 2018, South African Tourism CEO Sisa Ntshona was quoted as stating that tourism is vitally important to the South African economy, and that the sector should be nurtured for sustained and inclusive growth. Recent data from Stats SA show how important tourism actually   read more »


Stats SA to release Mortality and causes of death report

MEDIA INVITE                                                                               22 March 2018 Stats SA to release Mortality and causes of death report The Statistician-General of South Africa, Risenga Maluleke, will release the Mortality and causes of death in South Africa, 2016 report at a media briefing to be held on Tuesday, 27 March 2018 in Pretoria. The Mortality and causes of death   read more »


Stats SA to release the Tourism satellite account (TSA) report

MEDIA INVITE                                                                               22 March 2018 Stats SA  to release the Tourism satellite account (TSA) report The Statistician-General of South Africa, Risenga Maluleke, will release the Tourism satellite report (TSA) at a media briefing to be held on Monday, 26 March 2018 in Pretoria. The TSA report provides an overview of the role that tourism plays   read more »


Stats SA to ensure VAT change reflected in

MEDIA RELEASE 19 March 2018 Stats SA to ensure VAT change reflected in CPI The VAT increase to 15% on 1 April will affect the price of many of the items in the Consumer price index (CPI) basket. Retailers and service providers may adopt different approaches and timeframes to pass this increase onto their customers.   read more »


Economic growth better than what many expected

Economic growth better than what many expected

In a time when good news seems hard to come by, the latest gross domestic product (GDP) results provide some cautious cheer. The South African economy grew by 1,3% in 2017, exceeding National Treasury’s expectation of 1,0% growth announced during the National Budget Speech in February. After a wobbly start to 2017, which saw economic   read more »


Mining: winners and losers of 2017

The 2017 Mining Charter published by government in June has seen its fair share of debate, opening intense discussions on the industry’s future. Outside of this policy debate, Stats SA recently published figures showing how the industry performed in 2016 and 2017. 2016 wasn’t a good year for South African mining. The industry as a   read more »


Investing in early childhood development is the future

Investing in early childhood development is the future

Investing in early childhood development is the future “If we are to break the cycle of poverty, we need to educate the children of the poor.” – President Cyril Ramaphosa, SoNA 2018 The first one thousand days in a child’s life could hold the key to unlocking his/her life-long potential. By the age of 5,   read more »


Change in publication date of Producer Price Index (PPI) January 2018

The PPI for January will be published at 11:30 on 28 February 2018 instead of 22 February as originally scheduled. The delay is a result of system difficulties experienced in shifting to the new PPI basket. The CMPI will be published at 12:00 on 28 February. The Import and export unit value indices will be   read more »


Counting the costs of Valentine’s Day

Counting the costs of Valentine’s Day

You’ve got no one to blame except yourself. Admit it. You totally forgot about Valentine’s Day. Now that it’s just around the corner you’ve got to come up with something fast! It was months ago when you and your significant other agreed that it would be your turn this year to do something special. You   read more »