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Statistical Releases

A glass glob perched on green moss signifying a global drive to a greener economy
COP 28 to host fossil fuels debate
1st December 2023 By: Halima Frost

This year’s Conference of the Parties to the United Nations Framework Convention on Climate Change, referred to globally as COP 28 and being held from November 30 to December 12 in Dubai in the... 


factory emissions
Global emissions growing instead of diminishing – survey
16th November 2023 By: Darren Parker

The world needs to reduce its emissions by 70% a year until 2030 in order to reach the goal of keeping the global temperature increase to 1.5 °C above preindustrial levels, but global emissions... 


South Africa shows economic resilience – Allianz report
13th November 2023 By: Darren Parker

According to a new global insolvency report published by credit insurer Allianz Trade, operating in South Africa through the Allianz Commercial licence, economic resilience has been tested and... 


BLSA CEO Busi Mavuso
Visa backlogs causing critical skills deficit, undermining economy
13th November 2023 By: Darren Parker

A lack of critical skills is holding back the South African economy, Business Leadership South Africa (BLSA) CEO Busi Mavuso has said, adding that the country is not solving the problem as fast as... 


South African economy to slow down this year before stabilising in 2024
30th October 2023 By: Darren Parker

South Africa's economic growth is projected to decelerate from 1.9% in 2022 to 0.4% this year, before picking up to 1.3% in 2024, according to data and analytics company GlobalData.  This comes as... 


Finance Minister Enoch Godongwana
Tax shortfall lumps South Africa with no-good-news Budget
30th October 2023 By: Bloomberg

South African Finance Minister Enoch Godongwana is in a bind as he reworks the nation’s budget in the face of lower-than-expected tax revenue and pressure from the ruling party to bolster... 


Consumers
Inflation rises sharply, raising concern about interest rates
18th October 2023 By: News24Wire

Annual consumer price inflation ticked up to 5.4% in September from 4.8% in August, the second consecutive increase. It was in line with economists' expectations. The main contributors to the... 


South African Rand
South Africa set to topple Nigeria to regain mantle as continent’s biggest economy
17th October 2023 By: Bloomberg

South Africa is set to briefly overtake Nigeria and Egypt as the continent’s largest economy next year, International Monetary Fund forecasts show. The IMF’s World Economic Outlook envisions South... 


Business confidence remains passive – Sacci
12th October 2023 By: Simone Liedtke

The South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) continues to “lack substantial upward momentum”, the chamber said on October 12, reporting that the index... 


Bleak outlook for third-quarter economic growth in South Africa
11th October 2023 By: Darren Parker

September reflected another month of weakened economic activity in South Africa, indicating bleak prospects for the economy’s growth in the third quarter, automated clearing house BankservAfrica’s... 


Corruption watch
Massive deviation in public entity procurement procedures not necessarily cause for alarm – report
20th September 2023 By: Thabi Shomolekae

Stellenbosch University expert Professor Geo Quinot noted on Wednesday that with public procurement being susceptible to corruption, with large sums of money involved, pressure must continue to be... 


cement being smoothed
PPC reports 5% y/y growth in South Africa and Botswana cement business
20th September 2023 By: Darren Parker

The revenue for cement manufacturer PPC’s South Africa and Botswana divisions for the five months ended August 31 increased by 5% year-on-year, the company reported in an operating update on... 


Consumers
Inflation ticks higher - despite lower food prices
20th September 2023 By: News24Wire

Annual consumer price inflation picked up slightly to 4.8% in August from 4.7% in July - the first increase in four months. After many months of big hikes, some food prices started to fall, but... 


Forex shortage challenging intra-Africa trade
19th September 2023 By: Cameron Mackay

Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the dollar, needed to pay for imports. This shortage has been caused by the... 


CAMM founding director and GIBS economics lecturer Dr Adrian Saville, Business Unity South Africa CEO Cas Coovadia, Industry Insight CEO Elsie Snyman, PPC South Africa and Botswana MD Njombo Lekula, CAMM research associate Francois Fouche, and Cement and Concrete South Africa CEO Bryan Perrie
New report highlights how imported cement destabilises the economy
13th September 2023 By: Darren Parker

The negative impact on the South African economy caused by substituting local cement production with imported cement was highlighted in a report released by cement manufacturer PPC in conjunction... 


CAMM founding director and GIBS economics lecturer Dr Adrian Saville
Economist gives bleak outlook for South Africa’s economic future
13th September 2023 By: Darren Parker

In a stark assessment of South Africa's economic performance Centre for African Management and Markets (CAMM) founding director and Gordon Institute of Business Science (GIBS) economics lecturer Dr... 


Just Share reports slow progress on gender diversity in leadership roles at JSE Top 40
12th September 2023 By: Cameron Mackay

Nonprofit organisation Just Share has released the results of a study assessing gender equality at board and executive level at the JSE Top 40. “While women make up 46% of South Africa’s... 


Survey shows improved Southern African private equity performance
7th September 2023 By: Cameron Mackay

Management consulting company EY Africa private capital leader and partner Graham Stokoe on September 7 discussed key findings of the Southern African Venture Capital and Private Equity... 


A solar and battery powered microgrid developed and built by Eskom at the Swartkop dam in the Northern Cape
Microgrid roll-out gaining traction
25th August 2023 By: Halima Frost

After the successful commissioning of State-owned power utility Eskom’s third microgrid, at the Swartkop dam, in the Northern Cape, the company aims to launch its next two microgrids at Nomalengena... 


Steel rolls
Global crude steel production up 6.6% y/y in July
22nd August 2023 By: Darren Parker

Global crude steel production for the 63 countries reporting to the World Steel Association increased by 6.6% year-on-year to 158.5-million tonnes in July. Africa witnessed a surge in production to... 


Youth employment initiative results in 85 placements
28th July 2023 By: Darren Parker

The South African Property Owners Association (Sapoa) and the National Business Initiative (NBI) Youth Employment Initiative, which was launched earlier this year in a bid to help unemployed... 


DTIC aims to improve awareness on AfCFTA through outreach programme
25th July 2023 By: Darren Parker

The Department of Trade, Industry and Competition (DTIC) has embarked on provincial outreach and awareness workshops in collaboration with provincial governments, wherein it hopes to have engaged... 


Manufacturing production increased by 2.5% y/y in May
11th July 2023 By: Cameron Mackay

Statistics South Africa has reported that manufacturing production increased by 2.5% in May this year compared with May last year. The largest contributions were made by the motor vehicles, parts... 


The Joburg CBD
Global economic slowdown will not be as severe as initially thought – BMI
7th July 2023 By: Darren Parker

The global economy is on track for a significant slowdown compared with last year, although the deceleration is not expected to be as severe as initially anticipated, research company BMI, a Fitch... 


An African child with cupped hands drinking water from a tap
US helps fund water projects
7th July 2023

The United States Agency for International Development (USAID) announced last month that it has committed $3-million to the African Water Facility (AWF). The funding will support the preparation of... 


a black and white photo of an adult male hand under a tap with sparse water dripping out if it
Urbanisation placing pressure on water infrastructure
7th July 2023 By: Halima Frost

Africa’s already limited water infrastructure will likely face increased strain as multiple countries experience rapid urbanisation, says market research company Frost & Sullivan Africa consultant... 


gold coins
Global FDI fell by 12% in 2022 – Unctad
5th July 2023 By: Darren Parker

Global foreign direct investment (FDI) fell by 12% to $1.3-trillion in 2022, the ‘World Investment Report 2023’, released by the United Nations Conference on Trade and Development (Unctad) on July... 


Basic resources sector leads way as CEO confidence improves
4th July 2023 By: Cameron Mackay

Advisory company Merchantec Capital’s CEO Confidence Index for the second quarter of this year has “shed light on the impact of artificial intelligence (AI) on business growth and operational... 


petrol pumps
Petrol prices to drop, but diesel prices will rise
3rd July 2023 By: Darren Parker

The price of 93 unleaded petroleum (ULP) and leaded replacement petrol (LRP) will drop by 24 c/ℓ on July 5, while 95 ULP and LRP will come down by 17 c/ℓ, according to a statement issued by Mineral... 


Global trade growth resumes despite poor outlook – Unctad
22nd June 2023 By: Cameron Mackay

Trade growth was positive for both goods and services in the first quarter of the year, intergovernmental organisation the United Nations Conference on Trade and Development (Unctad) reports in its... 


A large cement manufacturing plant with green landscape behind.
Infrastructure projects critical to sector’s growth
9th June 2023 By: Halima Frost

The cement and concrete industry is stagnant and the only avenue for rejuvenation is the implementation of some of the infrastructure projects for which government has allocated over R900-billion,... 


Vehicles on a production line
Manufacturing output up 3.4% y/y in April
8th June 2023 By: Schalk Burger

Manufacturing production increased by 3.4% year-on-year in April, Statistics South Africa has reported. The largest contributions were made by the basic iron and steel, nonferrous metal products,... 


South African current-account deficit narrows more than expected
8th June 2023 By: Bloomberg

South Africa’s current-account shortfall narrowed more than expected in the first quarter, as the value of gold and merchandise exports increased. The deficit in the current account, the broadest... 


world bank logo and slogan
Financial distress intensifying in emerging market, developing economies – World Bank
6th June 2023 By: Darren Parker

Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, the World Bank’s latest... 


A lady standing at a podium addressing a group of people with billboards and signage behind her
Big goals for construction event
26th May 2023

This year’s Big 5 Construct Southern Africa is being held with the aim of driving economic growth, recovery and transformation within Southern Africa’s construction industry. The Big 5 Construct... 


A generic image of a table covered in plans drawings and contracts with male and female hands assessing the pages on the table.
Contracting makes for global debate
26th May 2023 By: Halima Frost

The question of whether engineering, procurement and construction (EPC) or engineering, procurement and construction management (EPCM) is a preferred or advisable contracting strategy in the South... 


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