The COVID-19 pandemic and subsequent lockdown restrictions in 2020 impacted the finances of higher education institutions. There was a subdued increase in revenue, stifled by a decline in the collection of tuition fees. Higher education institutions spent less money, largely on the back of lower operational costs. Total revenue increased, but only marginally The amount read more »
Introduction In September 2021, Statistics South Africa (Stats SA) implemented new samples for the following monthly surveys: P3041.2 – Manufacturing: Production and sales; P6141.2 – Wholesale trade sales; P6242.1 – Retail trade sales; P6343.2 – Motor trade sales; P6410 – Tourist accommodation; P6420 – Food and beverages; and P7162 – Land transport. New samples for read more »
Provincial government plays a vital role in the administration of the country’s health and education systems, responsible for providing basic education to learners and healthcare to those in need. These two mammoth tasks take up the bulk of provincial government spending. In the 2019/20 fiscal year, total provincial government expenditure was R628,8 billion. Education was the read more »
Jobs in the formal non-agricultural sector decreased by 86 000 in the second quarter of 2021, bringing the total number of persons employed in the formal non-agricultural sector in South Africa to approximately 9,57 million. According to the Quarterly Employment Statistics (QES, Q2:2021) survey released by Statistics South Africa (Stats SA), formal sector jobs increased by read more »
In the third of four detailed industry reports released this month, Stats SA takes a deep dive into the mining industry. The report, which covers the results of a census conducted in 2019, provides detailed statistics on mineral production, finances, employment, and exports and imports. The mining census was conducted previously in 2012 and 2015. read more »
Four facts about the post and telecommunications industry (2019) In the second of four detailed industry reports released this month, Stats SA takes a look at the post and telecommunications industry. The report, which covers the results of a large sample survey that was conducted in 2019, provides details on the financial and employment makeup read more »
The South African economy recorded its fourth consecutive quarter of growth, expanding by 1,2% in the second quarter of 2021 (April–June). 1 This followed a revised 1,0% rise in real gross domestic product (GDP) in the first quarter (January–March). Despite the gains made over the last four quarters, the economy is 1,4% smaller than what read more »
Stats SA has finalised a comprehensive overhaul of its national accounts. The latest gross domestic product (GDP) rebasing and benchmarking exercise has resulted in an upward revision in the size of the economy, as well as changes to the composition of the supply and demand sides of economic activity. Remaining relevant is key Any statistical read more »
Equal opportunity and equal treatment in the labour market are at the core of decent work. Unfortunately, women in South Africa and around the world still face additional challenges that hinder them from accessing employment. Once they are in employment, appointments to decision-making positions and jobs in certain sectors, or of certain characteristics, remain elusive. read more »
Annual consumer price inflation edged lower to 4,6% in July from 4,9% in June and 5,2% in May. The monthly increase in the consumer price index (CPI) in July was 1,1%, the highest monthly jump since July 2020 when the CPI increased by 1,3%. The primary drivers behind the monthly rise were alcoholic beverages, housing read more »