{"id":19730,"date":"2026-07-15T10:10:08","date_gmt":"2026-07-15T08:10:08","guid":{"rendered":"https:\/\/www.statssa.gov.za\/?p=19730"},"modified":"2026-07-15T10:10:08","modified_gmt":"2026-07-15T08:10:08","slug":"media-release-3","status":"publish","type":"post","link":"https:\/\/www.statssa.gov.za\/?p=19730","title":{"rendered":"Media Release \u00a0"},"content":{"rendered":"\n<p><strong>Real estate, activities auxiliary to financial intermediation and business services industry, 2024<\/strong><\/p>\n\n\n\n<p>Total income between 2020 (R1 401,2 billion) and 2024 (R1 843,4 billion) increased by 31,6%, according to data from Statistics South Africa.<\/p>\n\n\n\n<p>This translates to an increase of R442,2 billion. The largest increase was reported for \u2018activities auxiliary to financial intermediation\u2019 (+R88,3 billion), followed by \u2018real estate activities\u2019 (+R84,4 billion), \u2018business and management consultancy activities\u2019 (+R60,8 billion) and \u2018computer related activities\u2019 (+R52,3 billion).<\/p>\n\n\n\n<p>The survey covered enterprises on the value-added tax (VAT) database with real estate, activities auxiliary to financial intermediation and business services as their primary or main activity.<\/p>\n\n\n\n<p><strong>Profit margin recovers from a single digit (5,5%) increase in 2020 to 12,2% in 2024<\/strong><\/p>\n\n\n\n<p>The profit margin in 2016 was 14,0%. In 2024, \u2018real estate activities\u2019 had the highest profit margin at 31,0%, followed by \u2018activities auxiliary to financial intermediation\u2019 (17,7%) and \u2018legal activities\u2019 (16,9%).<\/p>\n\n\n\n<p><strong>The industry employed 146 000 more people<\/strong><\/p>\n\n\n\n<p>The total number of persons employed increased by 7,8% between 2020 (1&nbsp;884&nbsp;000) and 2024 (2&nbsp;030 000). The largest employment gains were recorded for \u2018investigation and security activities\u2019 (+71 000 jobs), \u2018other business activities\u2019 (+34 000 jobs), and \u2018business and management consultancy activities\u2019 (+22 000 jobs).<\/p>\n\n\n\n<p>Capital expenditure between 2020 (R96,3 billion) and 2024 (R109,0 billion) increased by 13,1%.<\/p>\n\n\n\n<p>In 2024, the largest contributor to capital expenditure on new assets was \u2018real estate activities\u2019<br>(R33,5 billion or 31,0%), followed by \u2018computer related activities\u2019 (R21,3 billion or 19,5%) and \u2018renting of machinery and equipment without operator; renting of personal and household goods\u2019 (R14,2 billion or 13,0%).<\/p>\n\n\n\n<p>Media enquiries: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Technical enquiries:<\/p>\n\n\n\n<p>Sivuyile Mangxamba&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Itani Magwaba<\/p>\n\n\n\n<p>Acting Chief Director: Communications &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Director: Structural Industry Statistics<\/p>\n\n\n\n<p><a href=\"mailto:SiyuyileMA@statssa.gov.za\">SiyuyileMA@statssa.gov.za<\/a> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I<a href=\"mailto:taniM@statssa.gov.za\">taniM@statssa.gov.za<\/a><\/p>\n\n\n\n<p>012 337 4732 \/ 082&nbsp;888 2372 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 012 337 6254 \/ 082 905 5143<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate, activities auxiliary to financial intermediation and business services industry, 2024 Total income between 2020 (R1 401,2 billion) and 2024 (R1 843,4 billion) increased by 31,6%, according to data from Statistics South Africa. This translates to an increase of R442,2 billion. The largest increase was reported for \u2018activities auxiliary to financial intermediation\u2019 (+R88,3 billion),&nbsp; &nbsp;<a href=\"https:\/\/www.statssa.gov.za\/?p=19730\" class=\"btn btn-mini btn-info pull-right\" style=\"margin:10px 30px;\">read more &raquo;<\/a><\/p>\n<div class=\"clear\"><\/div>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-19730","post","type-post","status-publish","format-standard","hentry","category-press-statements"],"_links":{"self":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/19730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19730"}],"version-history":[{"count":1,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/19730\/revisions"}],"predecessor-version":[{"id":19731,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=\/wp\/v2\/posts\/19730\/revisions\/19731"}],"wp:attachment":[{"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.statssa.gov.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}