South Africa’s 123 provincial government departments spent just over R17 600 per second in the 2017/18 fiscal year. That represents a total of R557 billion over a period of 365 days. The bulk of the money flowed into provincial governments’ two main areas of responsibility: education and health. Education took up the lion’s share. For every R100 read more »
South Africa’s 257 municipalities spent a total of R101,3 billion in the second quarter of 2019 (April to June). This is the first time that quarterly municipal spending has breached the R100 billion mark. The R101,3 billion is R15,3 billion more than what was spent in the first quarter (January to March), representing an increase of 18%. This read more »
Annual consumer inflation quickened in August, reaching 4,3% year-on-year from the 4,0% recorded in July. This was associated with higher inflation in food and non-alcoholic beverages, housing, transport and recreation. Annual food inflation reached its highest level in 18 months, registering 3,8% in August. The pickup in food inflation was mainly driven by upward pressure read more »
After shrinking sharply in the first quarter of 2019, the economy rebounded from a low base to record positive growth of 3,1%1 in the second quarter (April−June). Mining, finance, trade and government services were the main drivers of growth. Three industries (construction, agriculture and transport) registered a slump in production. Mining was the strongest performer read more »
The number of consumer units using municipal bucket toilets fell from 60 557 in 2017 to 42 612 in 2018. This represents a 29,6% decrease in a single year, according to the latest Non-financial census of municipalities report. In 2014, the total was 85 718. The bucket toilets1 mentioned here are those that municipalities provide to communities located read more »
Constitutional institutions are tasked with strengthening South Africa’s democracy, by keeping a watchful eye on government and society at large. Recent financial data show which constitutional institutions are receiving the biggest piece of the revenue pie. The Auditor-General was the largest recipient of revenue in the 2017/18 fiscal year, taking up 56% of revenue received read more »
Annual consumer price inflation retreated to 4,0% in July from 4,5% in June. This is the lowest CPI headline rate since January, when it was also 4,0%. A fall in fuel prices and a rise in municipal tariffs were the key price movers during the month. Fuel prices edged lower in July, bringing some relief read more »
The results of the Quarterly Labour Force Survey (QLFS) for the second quarter of 2019, released by Statistics South Africa (Stats SA), indicate that the official unemployment rate increased by 1,4 percentage points to 29,0% compared to the first quarter of 2019. The number of unemployed persons increased by 455 000 to 6,7 million in Q2: read more »
The estimated population of South Africa stands at 58,78 million, according to the recently released 2019 mid-year population estimates (MYPE). The MYPE report provides population estimates at national and provincial levels, disaggregated by age and sex. World Population Day, which took place on the 11th July, focused on enabling the youth with the necessary skills read more »
Annual consumer price inflation was 4,5% in June 2019, unchanged from May 2019. The main contributors to annual inflation were food and non-alcoholic beverages; housing and utilities; transport; and miscellaneous goods and services. Housing and utilities make up almost one quarter of the total consumer price index (CPI) in terms of weight (or relative importance). read more »