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Statistics South Africa

Eskom’s double-digit tariff request unaffordable for struggling consumers
Business
/ 5 September 2021

Eskom’s double-digit tariff request unaffordable for struggling consumers

Eskom price hike is ‘unsustainable’

By Lyse Comins
South Africa needs a national, co-ordinated plan of action to create jobs for youth
Opinion
/ 3 September 2021

South Africa needs a national, co-ordinated plan of action to create jobs for youth

To turn SA’s youth unemployment crisis around, we need to believe in young people’s potential, but also come up with a concrete, inclusive action plan

By Sharmi Surianarain
Basic income grant not on treasury’s watchlist — yet
Business
/ 25 August 2021

Basic income grant not on treasury’s watchlist — yet

Treasury officials will model the effect of the grant on the fiscus if the need arises

By Sarah Smit
Unemployment rate hits record high — again
Business
/ 24 August 2021

Unemployment rate hits record high — again

South Africa added more than half a million workers to its unemployed labour force in the second quarter of 2021

By Sarah Smit
Inflation eating into savings after last year’s slew of interest rate cuts
Business
/ 18 August 2021

Inflation eating into savings after last year’s slew of interest rate cuts

Food inflation was unchanged at 6.7% in July, but remained elevated on continued upward pressure from prices for meat and the oils and fats category.

By Tunicia Phillips
The budget cuts that spite a nation’s face
Opinion
/ 31 July 2021

The budget cuts that spite a nation’s face

Starving StatsSA of its ability to measure inequality may be a short-term face-saving strategy but it does not make the inequality disappear

By Pali Lehohla
Riots cause Reserve Bank to revise growth expectations
Business
/ 22 July 2021

Riots cause Reserve Bank to revise growth expectations

Last week’s violence will likely slow South Africa’s economic growth, the central bank’s monetary policy committee said on Thursday afternoon

By Sarah Smit
It will cost UIF up to R3.5-billion in Ters payments every week the lockdown is extended
Business
/ 9 July 2021

It will cost UIF up to R3.5-billion in Ters payments every week the lockdown is extended

Any further extensions of Ters payments will impede the UIF’s ability to pay normal claims for unemployment and parental leave

By Sarah Smit
Civil society coalition condemns South Africa’s report to the UN on inequality
National
/ 7 July 2021

Civil society coalition condemns South Africa’s report to the UN on inequality

Critics argue that South Africa’s latest submission to the UN Committee on Economic, Social and Cultural Rights is a unilateral and fraught exercise

By Luke Feltham
‘Corrupt officials must pay back the money’ – Tlou Cholo
Opinion
/ 5 July 2021

‘Corrupt officials must pay back the money’ – Tlou Cholo

The freedom struggle and labour veteran says the law is soft on criminals and perpetrators must be punished

By Shalate Davhana and Malesela Maubane
R350 grant: A ticket into the labour market — report
Business
/ 29 June 2021

R350 grant: A ticket into the labour market — report

The Covid-19 social relief of distress grant was terminated at the end of April, but research shows it aided job recovery

By Sarah Smit
Economy’s signs of life mean little for the poor
Business
/ 11 June 2021

Economy’s signs of life mean little for the poor

GDP growth may be encouraging but it doesn’t mean much for SA’s millions of unemployed

By Sarah Smit
Editorial: GDP focus trips South Africa up
Editorial
/ 10 June 2021

Editorial: GDP focus trips South Africa up

There is ample evidence that trickle-down economics do not work

By Editorial
Better-than-expected economic growth driven by finance and mining
Business
/ 8 June 2021

Better-than-expected economic growth driven by finance and mining

The economy is still 2.7% smaller than it was in the first quarter of 2020

By Sarah Smit
South Africa hits new unemployment record
Business
/ 1 June 2021

South Africa hits new unemployment record

The unemployment rate reached 32.6%, the highest since the survey was launched in 2008, in the first three months of 2021

By Sarah Smit
Repo rate unchanged even as inflation risks grow
Business
/ 20 May 2021

Repo rate unchanged even as inflation risks grow

Reserve Bank stands at the ready to act if the rise in inflation threatens to become permanent

By Sarah Smit
Platinum records for South African mines
Business
/ 16 May 2021

Platinum records for South African mines

The miners are in a comfortable position as the world creeps towards a lower-carbon future

By Sarah Smit
Covid kills a decade of employment growth in SA
Business
/ 8 May 2021

Covid kills a decade of employment growth in SA

The self-employed were nearly three times less likely to work during the hard lockdown, economists found

By Sarah Smit
Listen to women and youth to enable recovery from the pandemic
Business
/ 19 April 2021

Listen to women and youth to enable recovery from the pandemic

Women in the personal services sector and young people have been hard hit by the pandemic in terms of employment, but they struggled even before Covid-19

By Precious Moloi-Motsepe
Uptick in jobs driven by part-time work
Business
/ 30 March 2021

Uptick in jobs driven by part-time work

Total employment increased by 76 000 between September and December 2020, but 11 000 full-time jobs were lost in the same period

By Sarah Smit
Consumer price inflation eased in February
Business
/ 24 March 2021

Consumer price inflation eased in February

But higher petrol and electricity prices are expected to drive up price inflation throughout the economy

By Sarah Smit
Stats SA ‘throttled’ by budget cuts, requires extra funding to combat brain drain
Business
/ 19 March 2021

Stats SA ‘throttled’ by budget cuts, requires extra funding to combat brain drain

The portfolio committee on public service and administration says it will call for additional funding so Stats SA can render its services effectively

By Aliyah Price
NSFAS funds, jobs for youth dry up
Business
/ 12 March 2021

NSFAS funds, jobs for youth dry up

The already turbulent labour market could see more strain if aspiring students lose out

By Sarah Smit
South African economy contracts 7% in 2020 amid Covid-19 slump
Business
/ 9 March 2021

South African economy contracts 7% in 2020 amid Covid-19 slump

But the country’s GDP growth in the fourth quarter of last year shows positive signs of recovery, at 6.3%

By Sarah Smit
Come what may, the UIF will pay
Business
/ 28 February 2021

Come what may, the UIF will pay

The fund – the main safety net for unemployed workers – will run at an almost R20-billion deficit

By Sarah Smit
Dreams of Covid recovery dashed by rising unemployment
Business
/ 23 February 2021

Dreams of Covid recovery dashed by rising unemployment

According to Statistics South Africa, the unemployment rate reached 32.5% in the last months of 2020 — the highest since the quarterly labour-force survey began

By Sarah Smit
Business closures increase in December, according to Stats SA data
Business
/ 25 January 2021

Business closures increase in December, according to Stats SA data

Despite the government’s efforts to lessen the economic shock of the pandemic and the lockdown, businesses are struggling to keep their doors open

By Tshegofatso Mathe
Covid will decide if home refurb boom continues
Business
/ 18 January 2021

Covid will decide if home refurb boom continues

If herd immunity is reached and life returns to ‘normal’, people may switch spending to things they gave up and the desire to DIY may subside

By Sarah Smit
South Africa records impressive economic recovery
Business
/ 8 December 2020

South Africa records impressive economic recovery

The country’s economy grew at an annualised rate of 66.1%, marking the strongest pace of expansion since at least 1993

By Sarah Smit
Surveys predict Black Friday likely to fuel e-commerce
Business
/ 26 November 2020

Surveys predict Black Friday likely to fuel e-commerce

Fear of contracting the coronavirus while fighting off other shoppers will probably change how people shop for sales

By Sarah Smit
Beware the pension fund loan proposal
Business
/ 11 October 2020

Beware the pension fund loan proposal

Industry professionals warn that, although well intentioned, the Bill to enable fund holders to get some of their savings before retiring can do harm

By Thando Maeko
Covid-19 jobs unlikely to bounce back
Business
/ 30 September 2020

Covid-19 jobs unlikely to bounce back

Evidence suggests that job losses triggered by the lockdown may be long lasting

By Sarah Smit
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