Despite a drop in the number of tourists visiting South Africa, the tourism industry continued to create jobs in 2015. Stats SA’s latest release of its Tourism Satellite Account for South Africa report provides an overview of tourism’s contribution in terms of employment, its impact on the gross domestic product (GDP) and spending. The number read more »
The September 2016 QES survey showed that an estimated 9 282 000 persons were employed in the formal non-agricultural sector of the South African economy. This reflected a net quarterly increase of 93 000 employees (1,0%) between June 2016 and September 2016 following a revised decrease of 96 000 employees (-1,0%) between March 2016 and read more »
Come join us as we tell a story of South African business performance over time. There are three elements to this story, taken from Stats SA’s latest Annual financial statistics (AFS) report1: income, expenditure and profit. First, let’s explore income. The income generated by the formal business2 sector has increased consistently, except for the dip read more »
Local government elections, increased mining of iron ore, water restrictions and reduced electricity consumption. Find out more about these, as well as other factors, that influenced economic growth in the third quarter. The South African economy grew by 0,2%1 quarter-on-quarter (compared with 3,5% in the second quarter), according to estimates of real gross domestic product. read more »
Media advisory 01 December 2016 Statistician-General to release Gross domestic product (GDP), Q3 2016 The Statistician-General of South Africa, Dr Pali Lehohla, will release the Gross read more »
Economic growth can be reported in a number of different ways. Annual growth, quarter-on-quarter and year-on-year are terms that are commonly used in the context of gross domestic product (GDP). What do these terms mean? In preparation for Stats SA’s next release of GDP data on 6 December, this article explores the different ways in read more »
With the income tax return deadline looming, you might be wondering how important your tax contributions have been. A recent report by Stats SA provides an answer. The South African government earned R1,22 trillion in income during the 2014/15 fiscal year, according to Stats SA’s latest Financial statistics of consolidated general government report1. If this read more »
In a previous article, Stats SA outlined the importance of tuition fees – as a portion of total income – to the financial security of higher education institutions (HEIs)1 for the 2015 financial year. In this article, we provide a 10-year perspective of tuition fees to assess the significance of this source of HEI income. read more »
The continent is working towards attaining “the Africa we want”. Key to achieving this goal, through the Sustainable Development Goals and Agenda 2063, are quality and relevant statistics. African Statistics Day is celebrated each year on 18 November. Africa celebrates this day to raise awareness of the importance of statistics in all aspects of read more »
MEDIA ADVISORY 17 November 2016 Statistician-General to release Quarterly Labour Force Survey (QLFS) results for the third quarter of 2016 The Statistician-General of South Africa, Dr Pali Lehohla, will release the results of the Quarterly labour force survey (QLFS) for the third quarter (Q3) of 2016 at a media briefing to be held read more »