Electricity production declining

Electricity production declining

Less electricity was generated in South Africa in 2014 compared with 2013. Recent data show that national electricity production has been in decline after peaking in 2011, highlighting the country’s continued struggle to keep the lights on. The latest Electricity produced and available for distribution publication, released by Stats SA on Thursday, 5 February 2014,   read more »


Calling a spade a spade: deaths due to HIV moves into top 5

The 2013 Mortality and Causes of Death release shows that HIV disease has moved from being ranked sixth in 2012 to being ranked third in 2013. Of the 458 933 deaths registered at the Department of Home Affairs in 2013 and processed by Statistics South Africa (Stats SA), 5,1% were due to HIV disease, an increase   read more »


Producer inflation dips below 6% in December

Producer inflation dips below 6% in December

Sharp decreases in the prices of manufactured petroleum products drove producer inflation down, from 6,5% year-on-year in November to 5,8% in December. However, there were noticeable increases in year-on-year prices for meat, tobacco and dairy products. Stats SA’s latest Producer Price Index publication, released on Thursday, 29 January 2015, shows that prices for final manufactured   read more »


Fewer companies going bust

Fewer companies going bust

Despite growing concern over the current state of the economy, recent data show that fewer companies closed down in 2014 compared to 2013. The good news is that this is a trend that has been happening for some time. According to the latest Statistics of liquidations and insolvencies report, released by Stats SA on Monday   read more »


CPI inflation slows in December

CPI inflation slows in December

Annual CPI inflation dropped to 5,3% in December 2014 from 5,8% in November 2014. Petrol and food prices, which are key drivers of changes in the CPI, both showed lower annual inflation rates. Food inflation continued its slowing trend with a 7,4% annual rate compared to 7,7% in November 2014. The main drivers of the   read more »


Formal employment declines in third quarter

Formal employment declines in third quarter

The September 2014 Quarterly Employment Statistics (QES) report, released on 11 December 2014, shows that total formal non-agricultural employment decreased by 129 000 jobs from 8,67 million in June 2014 to 8,54 million in September 2014. 132 000 jobs were lost in the government sector. The main contributor to this decline was the Independent Electoral   read more »


A glimmer of hope in a time of darkness?

A glimmer of hope in a time of darkness?

With the current electricity supply problems gripping the country, some comfort can be drawn from recent financial data that indicates intensive investment in infrastructure by players in the electricity, gas and water supply industry. The recently published Quarterly financial statistics report, which provides a range of financial statistics on industries in the South African economy,   read more »


Municipalities spend more on electricity as tariffs rise

Municipalities spend more on electricity as tariffs rise

An increase in your electricity bill during the current spate of load shedding might put a damper on your holiday spirits, but recent financial data show that municipalities paid 10% more for electricity than they did a year ago. Stats SA’s latest release of the Quarterly financial statistics of municipalities report shows that municipalities spent   read more »


CPI inflation drops to 5,8%

CPI inflation drops to 5,8%

Annual CPI inflation dropped to 5,8% in November 2014 from 5,9% in October.  Petrol and food prices, which are key drivers of changes in the CPI both showed lower annual inflation rates.  Food inflation continued its slowing trend with a 7,7% annual rate compared to 8% in October.  The main drivers of the steadily declining   read more »


Business tax revenue struggles to recover to pre-recession highs

Business tax revenue struggles to recover to pre-recession highs

With last week’s income tax deadline still fresh in the minds of many South Africans, it is interesting to note that although the total amount of tax collected from individuals has been steadily increasing over the last four years, business tax hasn’t fared as well, with government receiving less tax from businesses in 2012/13 than   read more »