StatsSA released South Africa’s economic output on Tuesday with the main contributors to the collapse being manufacturing, mining and agriculture
The survey found marginal improvement in access to services on average but with persistent inequality across provinces and demographics
South Africa’s economy fell into a technical recession in the first half of 2018
South Africans are spending more on festive goods such as food and beverages rather than more expensive goods. The proof is in the pudding
The highest annual growth was recorded for retailers in household furniture, appliances and equipment, which was up 10.1%
In November inflation for goods increased by 5.3% year-on-year, from 5.1% in October, according to Stats SA
The 2.2% growth in the gross domestic product in the third quarter equates to an annualised 1.1% improvement from a year ago
The South African Reserve Bank’s monetary policy committee will be announcing its repo rate decision on Thursday
Women and young people are the most affected by job scarcity in the country
It is not only motorists who are hurt by the increases. Everyone needs transport and food prices will rise too
Complex factors influence the prices of electricity, petrol and water, but the state still has wiggle room
The National Jobs Summit, on Thursday and Friday in Midrand, is being touted by President Ramaphosa as an avenue to address the rising jobless rate
As households’ disposable incomes shrink, debt has also ticked up
Stats SA reported that non-agricultural formal sector employment dropped from 9 817 000 in March 2018 to 9 748 000 in June 2018
Finance Minister Nhlanhla Nene said it would be hard for government to implement ambitious social security programmes without growing tax revenues
Lifelong learning should now be the goal of all, and it comes down to two essential ingredients
Other than a possible recovery in the agricultural sector, there is nothing to get excited about
The economy is looking shakier than ever after Stats SA announced that it had shrank by 0.7% quarter-on-quarter
Capital expenditure is money spent on acquiring, maintaining or improving assets such as land, buildings, vehicles and equipment
Government will have to fork out billions to implement the president’s economic growth plans
The ANC says it wants to amend the Constitution yet the public hearings on land are still under way
Manufacturing has lost 55 000 jobs year-on-year
According to statistics released byStatsSA on Tuesday, employment increased from 9.78-million in December 2017 to 9.83-million in March 2018
Weak annual growth will put the 2018 fiscal targets outlined by the treasury in the February Budget under strain
Imports and exports also suffered, with exports of goods and services falling by 16.5% and imports of goods and services falling by 6.5%
Although there was a 2% decrease in fatal crashes from 2016 to 2017, the number of annual fatalities due to car accidents has increased dramatically
By
Growth was seen across all retail categories with the largest seen in household furniture, appliances and equipment
South Africa needs a robust economic policy agenda to make it more open, productive and inclusive
The latest unemployment statistics from StatsSA show that South Africa’s unemployment rate declined to 26.7% in the fourth quarter last year
‘Women like my grandmother held up half the sky with simple food, the spirit of celebration and an open kitchen door’
The state’s response to violence against women and children avoids the real work that’s needed
By
A successful ANC elective conference is critical to lift South Africans out of our misery. Here are 12 questions for the would-be presidents