Each province forms a unique slice of the national economy. The latest provincial gross domestic product (GDP) estimates provide insight into the current state of our regional economies, shedding light on the industries that drive production across the country. Six provinces are better off Of the nine provinces, six recorded a rise in economic activity read more »
The latest set of monthly economic indicators sheds some light on how the economy performed in the second quarter (April–June). There were several other notable releases in the month, including the most recent inflation and unemployment figures. Business performance largely upbeat Mining and manufacturing rebounded after two consecutive quarters of decline. Mining production expanded by read more »
June was a busy month for Stats SA’s publication schedule, with 28 releases published in the month. Lacklustre economic growth in the first quarter June began with the release of the latest gross domestic product (GDP) estimates, for the first quarter (January–March) of 2025. GDP expanded by a muted 0,1%, with agriculture leading the increase. read more »
Real South African gross domestic product (GDP) weakened by 0,3% in the third quarter (July–September) of 2024.1 The agriculture industry was the main drag on growth on the production (supply) side of the economy, with transport, trade and government services also contributing to the slowdown. On the expenditure (demand) side, there was a decline in read more »
Stats SA published 22 releases in November, many of which provide a preliminary snapshot of economic performance in the third quarter (July–September). An overview of the quarter A number of sectors witnessed a rise in economic activity in the third quarter of 2024 compared with the second quarter of 2024. Mining, manufacturing, electricity generation, construction read more »
The South African economy strengthened by 0,4%1 in the second quarter (April–June) of 2024. The finance, manufacturing, trade, and electricity, gas & water supply industries drove most of the economy’s momentum on the production (supply) side. On the expenditure (demand) side, household consumption, government consumption and a build-up in inventories contributed favourably to growth. Seven read more »
Households and businesses are adopting alternative sources of energy as load shedding bites. What may not be well known is that many municipalities are in the game too, providing off-grid energy sources to the poorest households. The Free Basic Alternative Energy (FBAE) policy1 instructs municipalities to supply alternative sources of energy to poor households that read more »
South Africa’s economy grew by a marginal 0,1%1 in the fourth quarter (October–December), taking the annual growth rate for 2023 to 0,6%. Real gross domestic product (GDP) in the fourth quarter was R1 158 billion. This is above the pre-COVID-19 reading of R1 150 billion, but still below the peak of R1 161 billion recorded in the third quarter read more »
Municipalities generate most of their revenue from electricity sales. Those involved in providing services buy electricity from producers (such as Eskom) and then resell the power to households, businesses and other institutions. The resulting surplus from this trade is a vital source of income. Electricity’s contribution to revenue Municipalities spent R50,2 billion on electricity purchases in read more »
National electricity supply has been the cause of intense concern for many years. Stats SA’s latest detailed survey of the industry provides updated data on finances, production and employment. Covering electricity, gas and water supply in the formal economy, the 2021 survey continues on from similar surveys conducted in 2006, 2010, 2013, 2016 and 2019. read more »