Browsing: Stats SA

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SA avoids a recession

South Africa’s economy avoided a second recession in seven years as mining and factory output rebounded. GDP rose an annualised 3,3% in the second quarter, compared with a 1,2% contraction the previous three months, the statistics office said in a report released

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Recession fears as SA’s GDP plunges

South Africa recorded a negative growth rate of -1,2% in the first quarter of 2016, according to the latest figures released by Stats SA on Wednesday. Statistician general Pali Lehohla announced the official GDP in Pretoria

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Household electrictifation rises to 85,5%

Eskom took credit for accelerating the number of households connected to the electricity supply, after Statistics South Africa revealed on Thursday that levels increased “consistently from 77,1% in 2002 to 85,5% in 2015”. This came as Stats

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Huge spike in unemployment in SA

Unemployment increased by 2,2 percentage points to 26,7% in the first quarter of 2016, compared to the fourth quarter of 2015. This is the highest rate since 2008. Employment levels declined in all industries, except community and

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Internet revenues on the rise: Stats SA

Income from Internet services rose by 8,6% between 2010 and 2013, with data bringing in the most money, Statistics South Africa said on Monday. Of the R35,1bn which was raked in for Internet services in 2013, the last year surveyed by Stats South Africa, wireless data revenue came to R19,7bn and fixed data R11bn

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Sharp drop in power generation

Electricity generated by South Africa dropped by 3,3% in July compared to the same period last year, Statistics South Africa said on Thursday. The total volume of electricity distributed in South Africa for the month of July has decreased progressively from 21 119GWh in 2013

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Load shedding hits GDP growth

Statistics South Africa did not rule out that load shedding has had an impact on the manufacturing sector’s decline in GDP, but added that it could not confirm its impact. “It could just have easily been a lack of interest in products and we might have seen

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SA producing less electricity

South Africa is producing less electricity than it did last year, Statistics South Africa said on Thursday. According to a report by Stats SA entitled Electricity generated and available for distribution, which

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SA economy shrinks in first quarter

South Africa’s economy shrank by 0,6% in the first three months of the year, Statistics South Africa reported on Tuesday. “The seasonally adjusted real GDP at market prices for the first quarter of 2014 decreased by an annualised rate of 0,6% compared with an increase of 3,8% during the fourth quarter of 2013,” it said in a statement. “The main

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Strong uptick in GDP growth

The South African economy grew by 3,8% in the last quarter of 2013, Statistics South Africa said on Tuesday. This was compared with 0,7% growth in real gross domestic product (GDP) in the previous quarter of last year. The main contributors to the

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