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Statistical Releases

The Johannesburg skyline
Municipalities spend 22% of budget in the first quarter of the 2024/25 financial year
20th December 2024 By: Schalk Burger

The National Treasury, on December 20, published the local government revenue and expenditure report for the first quarter period from July 1 to September 30, which showed that aggregate spending... 


Power pylons on farmland
South Africa still in ‘foothills of economic recovery’ as fourth-quarter policy uncertainty rises to 65.7
19th December 2024 By: Schalk Burger

South Africa is "still in the foothills of economic recovery" and, while external influences must still be skillfully navigated, the country's future economic performance will hinge mainly on... 


renewable energy and city at night
Renewables covering area the size of Europe needed for clean energy future, report shows
10th December 2024 By: Darren Parker

A newly released report by technology and lifecycle solutions provider Wärtsilä shows that an area the size of Europe will need to be covered with renewable power to reach a clean energy future... 


solar and wind energy
Clean energy technology market to rival crude oil market value by 2035
30th October 2024 By: Darren Parker

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current... 


steel stock in warehouse
Global steel demand to decline by a further 0.9% in 2024 – worldsteel
14th October 2024 By: Darren Parker

The World Steel Association (worldsteel) expects global steel demand to decrease by 0.9% to 1.75-billion tonnes this year. “2024 has been a difficult year for global steel demand as the global... 


A manufacturing plant in South Africa
Absa PMI back in expansionary territory in Sept
1st October 2024 By: Creamer Media Reporter

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased to 52.8 points in September, putting it back in expansionary territory after having declined to 43.6 points in August. "The... 


Government Communication and Information System Acting Director-General Nomonde Mnukwa
Economy starting to show improvement with marginal employment growth – Govt
27th September 2024 By: Sashnee Moodley

Government has welcomed the marginal employment growth of 0.4% from 10 674 000 in March to 10 716 000 in June, saying this indicated its commitment to working with social partners to stabilise the... 


Civil confidence index reaches eight-year high in the third quarter
25th September 2024 By: Darren Parker

After having slipped to 44 in the second quarter of this year, the FNB/Bureau for Economic Research (BER) Civil Confidence Index reached an eight-year high of 50 in the third quarter. According to... 


Consumer
S Africa consumer confidence recovers to pre-pandemic levels, survey shows
17th September 2024 By: Reuters

South Africa's consumer confidence recovered further in the third quarter to its best since 2019, helped by improved willingness to spend and hopes of an interest rate cut in September, survey data... 


Consumers
South African inflation expectations fall again in Q3
12th September 2024 By: Reuters

South African analysts, business people and trade unions further lowered their inflation expectations in the third quarter of this year, bringing them closer to the level targeted by the central... 


GNU cabinet
South African business confidence gets boost from coalition government, survey shows
4th September 2024 By: Reuters

South African business confidence rose in the third quarter, helped by improving optimism about the business climate after the formation of a coalition government and stable electricity supply, a... 


Reserve Bank Governor Lesetja Kganyago
Sustained low CPI may spur South Africa rate cuts, Kganyago says
2nd September 2024 By: Bloomberg

South Africa needs to sustain a low inflation rate to justify a change in the central bank’s monetary policy stance, Governor Lesetja Kganyago said. Consumer-price growth was 4.6% in July, the... 


Unemployment
SA Statistics Council says it welcomes criticism of 2022 census data
30th August 2024 By: Thabi Shomolekae

South African Statistics Council chairperson Dr Nompumelelo Mbele on Friday welcomed any constructive criticism of the 2022 Population Census statistics and methodology, saying the council viewed... 


Five arrested for heavy fuel oil theft at Camden power station
21st August 2024 By: Schalk Burger

Four employees of State-owned utility Eskom and a contractor security guard have been arrested in connection with the theft of heavy fuel oil valued at R500 000 from Camden power station, in... 


South African Rand currency
South Africa inflation drops sharply, cementing rate cut expectations
21st August 2024 By: Reuters

South Africa's inflation dropped more than expected in July, falling to within touching distance of the central bank's target and cementing analysts' expectations that the bank will cut interest... 


Rand currency
S Africa urged to lift growth as business confidence rises
14th August 2024 By: Bloomberg

South Africa’s new multi-party government has an opportunity to boost economic growth and investment, the country’s Chamber of Commerce said, as it announced a slight recovery in business... 


diverse women on mine site
Over-subsidisation compensating for industrial policy failures, economist says
13th August 2024 By: Darren Parker

Trade and Industrial Policy Strategies (TIPS) senior economist Nokwanda Maseko has complained that the State is overcompensating and providing too many subsidies to make up for industrial policy's... 


trucks at komati poort border post
Pulse report shows marked improvement in major road corridors
8th August 2024 By: Darren Parker

The newly launched National Logistics Crisis Committee (NLCC) 'Pulse' report has so far shown a general year-on-year improvement in terms of the movement of heavy motor vehicles (HMVs) along the... 


RMB chief economist Isaah Mhlanga
Poor social development threatens South Africa’s economic sustainability, report shows
6th August 2024 By: Darren Parker

Persistently high youth unemployment rates and some of the highest levels of inequality globally have led financial institution Rand Merchant Bank (RMB) to rank South Africa twenty-ninth out of 31... 


StatsSA Demography and Population Statistics chief director Diego Iturralde.
South Africa's population increases above 63-million
30th July 2024 By: Schalk Burger

South Africa’s population is estimated to have increased to 63.02-million this year, with the female population accounting for 51%, or about 32.13-million, of the population, according to... 


trucks in a queue
Nearly three-quarters of investors unsatisfied with quality of ESG reporting
25th July 2024 By: Darren Parker

Law firm EY research has revealed that about 73% of investors say that companies largely fail to create enhanced reports encompassing environmental, social and governance (ESG) and financial... 


scrap metal with crane
New online information hub on South African scrap metal industry launched
23rd July 2024 By: Darren Parker

A new online platform called MyScrapMatters has been launched, acting as a single centralised hub to provide comprehensive information about the scrap metal industry in South Africa. The aim of the... 


Manufacturing output down 0.6% y/y in May
11th July 2024 By: Creamer Media Reporter

Manufacturing production decreased by 0.6% in May, compared with May 2023. Statistics South Africa (Stats SA) reports that the basic iron and steel, nonferrous metal products and machinery and... 


AI abstract
61% of manufacturers expect AI to drive growth by 2029, study finds
21st June 2024 By: Darren Parker

Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024. These findings are part of Zebra’s ‘2024 Manufacturing... 


stor-age facility
Stor-Age reports strong financial performance
18th June 2024 By: Darren Parker

JSE-listed self-storage real estate investment trust Stor-Age has reported robust financial results for the 2024 financial year ended March 31, showcasing significant growth in rental rates and... 


Stats SA Industry statistics director Nicolai Carson
Manufacturing production up 5.3% y/y in April
11th June 2024 By: Darren Parker

South Africa’s manufacturing production increased by 5.3% year-on-year in April, Statistics South Africa (Stats SA) has reported. Stats SA Industry statistics director Nicolai Carson said on June... 


taxi rank
Lack of public transportation integration undermining service delivery
7th June 2024 By: Darren Parker

A lack of proper integration with regard to urban public transportation systems has led to inefficiencies and duplications, with some routes and areas being overserved while others suffer from a... 


North-West University Business School economist Professor Raymond Parsons
Persistently poor GDP growth most significant feature of South Africa’s economic performance
4th June 2024 By: Darren Parker

South Africa’s continued disappointing economic growth remains the most significant feature of the country’s macroeconomic performance, North-West University Business School economist Professor... 


Report reveals tax transparency, exchange of info progress in Africa
3rd June 2024 By: Sabrina Jardim

The ‘2024 Tax Transparency in Africa’ report shows that improved tax transparency, exchange of information (EOI) and related measures have enabled an increase in fiscal revenue for African... 


Vumacam
Vumacam surveillance tech yields 10% boost in crime interceptions, arrests in Gauteng
20th May 2024 By: Darren Parker

The Gauteng provincial government (GPG) has reported a “substantial impact” on criminal activities across the province has been achieved 100 days into the rollout of its surveillance project, which... 


South Africa avoids technical recession despite challenges – Deloitte
10th May 2024 By: Sabrina Jardim

With unemployment, loadshedding and a weak economy being front-line issues in the upcoming elections, the incoming administration must drive investment and reform to restart growth, build... 


Accenture sales and commerce lead Africa Mushambi Mutuma.
South African companies struggling to keep pace with e-commerce growth
9th May 2024 By: Sabrina Jardim

While the cost of doing business is increasing, as companies grapple with ad hoc systems, legacy technology, skills gaps and poor infrastructure, global e-commerce companies with a “wealth of... 


Transnet freight train
Transnet volumes, revenue up, but falls short of recovery targets
26th April 2024 By: Darren Parker

State-owned Transnet has reported a 1.5% year-on-year improvement in the total rail volumes reaching 151.7-million tonnes at the end of March 2024, showcasing improvement in operational... 


Rand Currency
Reserve bank to cut rates less than earlier thought in 2024 – poll
18th April 2024 By: Reuters

South Africa's central bank is now predicted to deliver only 50 basis points of interest rate cuts this year, less than earlier projected as inflation is seen taking slightly longer to return to... 


Consumers
South Africa inflation slows slightly more than expected in March
17th April 2024 By: Reuters

South Africa's headline consumer inflation fell to 5.3% year on year in March from 5.6% in February, statistics agency data showed on Wednesday. Analysts polled by Reuters had forecast that... 


Treasury logo
Treasury welcomes IMF report ranking SA top 3 in fiscal transparency
16th April 2024 By: Sashnee Moodley

The International Monetary Fund’s (IMF’s) Fiscal Transparency Evaluation Report has placed South Africa in the top three countries in terms of transparent fiscal practices, which National Treasury... 


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Magazine round up | 13 December 2024
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