A pull-back in spending on plant, machinery, new construction works and transport equipment saw capital expenditure in the public sector fall by 4,3% in 2017, according to Stats SA’s latest Capital expenditure by the public sector report. Capital expenditure is money that an institution spends to buy, maintain or upgrade fixed assets, such as buildings,   read more »

The South African labour market is more favourable to men than it is to women and men are more likely to be in paid employment than women, regardless of race. According to the Quarterly Labour Force Survey released by Statistics South Africa, the official unemployment rate has been relatively high since 2008. In the last   read more »

Annual food inflation continues to slow despite April’s rise in value added tax (VAT). In fact, some food items are actually cheaper than they were a year ago. The items you are now paying less for are in the oil, bread, fruit and sugar categories, according to the latest Consumer Price Index (CPI) release.1 Bread   read more »

Much excitement surrounds the 10th BRICS Summit currently taking place in Johannesburg. Heads of State and representatives from the club’s five members – Brazil, Russia, India, China and South Africa – are gearing up for a week of deliberation over common issues and shared interests. As the host, how does South Africa rank in terms   read more »

If you’re curious, take a deeper look at Stats SA’s latest large sample survey of the electricity, gas and water supply industry. The report provides some insight into the current state of electricity generation in South Africa. In particular, highlighting the subtle changes that have occurred in the country’s energy supply. South Africa is still   read more »

Where does your tax money go after it has entered the state coffers? Recent data provide an overview of how national government distributes money to other levels of government. Stats SA publishes financial data for the different levels of government (i.e. national, provincial, local, extra-budgetary accounts) and higher education institutions in separate reports throughout the   read more »

Eskom announced earlier this year that it would roll out power cuts to several defaulting municipalities.1 The inability of particular municipalities to honour debt payments has been a thorn in the flesh of local government administration. The following are a few key facts about municipal debt, from Statistics South Africa’s latest Financial census of municipalities   read more »

The total number of jobs reported in the first quarter showed an increase of 56 000 from the previous quarter, bringing the total number of persons employed in the formal non-agricultural sector to 9 838 000. According to the figures from the Quarterly Employment Statistics (QES) Survey, formal sector jobs rose year-on-year by 74 000 in the first quarter   read more »

After growing by 3,1% in the fourth quarter of 2017, the South Africa economy wobbled in the first quarter of 2018, shrinking by 2,2% quarter-on-quarter (seasonally adjusted and annualised). Agriculture, mining and manufacturing were the main contributors to the slowdown, with the electricity, construction and trade industries also recording negative growth. The 2,2% fall is   read more »

South Africa’s consumer inflation rate jumped to 4,5% in April after reaching a seven-year low of 3,8% in March. Much of the increase was a result of price rises in product groups that attract specific taxes, namely alcohol, fuel and sugary drinks. A one percentage point increase in value added tax (VAT) also came into   read more »