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Statistical Releases

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... 


Workers taking a break
Newly launched employment index to focus on human capital formation
22nd May 2023 By: Schalk Burger

Trade union UASA and the Bureau of Market Research (BMR) have launched the UASA/BMR Employment Index, which tracks the employment performance of the economy and will be updated quarterly. The index... 


Durban Container Terminals
Durban Container Terminal reports improvements in key metrics
10th May 2023 By: Darren Parker

State-owned Transnet Port Terminals has said the introduction of the adjusted free import storage rule seven months ago at the Durban Container Terminal has resulted in significant improvements in... 


AIEC director and naamsa | The Automotive Business Council executive manager Dr Norman Lamprecht
Automotive trade performing strongly after pandemic
5th May 2023 By: Darren Parker

Although the domestic automotive industry’s recovery to prepandemic levels continued in 2022, it was at a slower pace than in 2021, with many key performance indicators still remaining below the... 


Global steel demand to rebound by 2.3% this year
Global steel demand to rebound by 2.3% this year
19th April 2023 By: Darren Parker

The World Steel Association (worldsteel) expects steel demand to rebound by 2.3% this year to reach more than 1.82-billion tonnes.  In its Short Range Outlook (SRO) for steel demand for 2023 and... 


Domestic perseverance keeps business confidence afloat, Sacci reports
18th April 2023 By: Donna Slater

After having shed 4.4 index points in January and one index point in February, the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) declined by a further 0.6... 


Despite deteriorating business conditions, South African purchase managers remain optimistic 
3rd April 2023 By: Darren Parker

The seasonally adjusted Absa Purchasing Managers’ Index (PMI), compiled by the Bureau for Economic Research, ticked down to 48.1 in March from 48.8 in February.  The PMI shows that, after a solid... 


Reserve Bank Governor Lesetja Kganyago
Reserve Bank hikes interest rates by 50 basis points
30th March 2023 By: News24Wire

The South African Reserve Bank's monetary policy committee hiked interest rates by 50 basis points to 7.75%. Economists were expecting an increase of 25 basis points. Three members of the monetary... 


Consumers
Inflation rises for first time in months as food price hikes hit 13.6%
22nd March 2023 By: News24Wire

Big hikes in food prices contributed to a 7% increase in annual consumer inflation in February from 6.9% in January – the first increase in four months. The consumer price index rose by 0.7%... 


Crates of various Coke and Pepsi products in bottles in cling wrap
Unchanged levy announcement welcomed
17th March 2023

In a media statement release last month industry representative The Beverage Association of South Africa (BevSA) on behalf of the industry, said it welcomes Finance Minister Enoch Godogwana 2023... 


Aluminum food cans opened up to display their contents, which are baked beans beans, peas, mushrooms, corn, peppers and kidney beans
Expo advances export potential of food sector
17th March 2023

South African Fruit and Vegetables Canners Export Council (SAFVEC) GM Jill Atwood-Palm says the Gulfood Exhibition that took place in Dubai, in the United Arab Emirates (UAE), from February 20 to... 


Bidvest CEO Mpumi Madisa
Bidvest’s results would have been better if not for loadshedding – Madisa
6th March 2023 By: Darren Parker

While JSE-listed diversified services, trading and distribution group Bidvest delivered a robust set of results for the six months ended December 31, 2022, CEO Mpumi Madisa believes it would have... 


IEA executive director Fatih Birol
Renewables, clean energy technologies limit carbon emissions amid global energy crisis
2nd March 2023 By: Darren Parker

Global energy-related carbon dioxide (CO2) emissions increased by less than 1% in 2022, according to new analysis published by the International Energy Agency (IEA). The ‘CO2 Emissions in 2022’... 


Italtile attributes underwhelming results to manufacturing challenges
13th February 2023 By: Darren Parker

Tile company Italtile has delivered underwhelming results for the six months to December 31, 2022, with the group’s trading profit 8% lower year-on-year to R1.4-billion, while operating costs... 


Salga calls for SoNA to address municipal debt recovery, energy crisis
8th February 2023 By: Darren Parker

The South African Local Government Association (Salga) has expressed hopes that President Cyril Ramaphosa will address municipal debt recovery, local government funding and the energy crisis as... 


President Cyril Ramaphosa
Outa braces for more empty promises from SoNA
8th February 2023 By: Darren Parker

Ahead of President Cyril Ramaphosa’s yearly State of the Nation Address (SoNA) on February 9, Organisation Against Tax Abuse (Outa) CEO Wayne Duvenage has warned that empty promises will only... 


African Development Bank president Dr Akinwumi Adesina
Africa’s economic outlook stable despite global volatility
19th January 2023 By: Darren Parker

Global macroeconomic conditions have become increasingly uncertain with the persistence of multiple shocks that make policymaking and investment decisions very challenging, African Development Bank... 


December PMI rises to 53.1, underlying factors mixed
9th January 2023 By: Donna Slater

Financial services provider Absa’s seasonally-adjusted Purchasing Managers’ Index (PMI) rose for a third month to reach 53.1 index points in December, slightly up from the 52.6 points recorded in... 


Eskom confirms delay of Koeberg Unit 1 maintenance shutdown
8th December 2022 By: Creamer Media Reporter

Power utility Eskom has decided to delay the start of the planned maintenance shutdown of Koeberg Unit 1 to allow time to stabilise the power system and recover some generation capacity. The unit... 


Report shows 67% of SMEs globally are struggling to survive
2nd December 2022 By: Darren Parker

The World Economic Forum (WEF) and the National University of Singapore Business School say 67% of executives from small- and medium-sized enterprises (SMEs) cite survival and expansion as their... 


SARB
South Africa central bank flags risks of erratic power, high debt
29th November 2022 By: Reuters

South Africa's unreliable power supply and its high level of government debt are two of the main risks to its financial stability, the country's central bank said on Tuesday. Africa's most... 


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