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Statistical Releases

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... 


Unemployment line
SA's unemployment rate improves
29th November 2022 By: News24Wire

The official unemployment rate declined further to 32.9% in the third quarter of 2022, from 33.9% in the second, Statistics SA reported on Tuesday. Unemployment hit a record high of 35.3% in the... 


SA rand and flag
South Africa gauge signals poor start to final-quarter economic growth
18th November 2022 By: Bloomberg

An index measuring South African economic transactions fell to a 10-month low in October after a strike at the State-owned port and rail operator hobbled exports, suggesting a weak start to the... 


a newborn baby's feet in hospital
Global population hits eight-billion mark but growth slowing down – Stats SA
15th November 2022 By: Darren Parker

Statistics South Africa (Stats SA) on November 15 commemorated the global population having reached eight-billion, with the eight-billionth person born in the Philippines that morning. The global... 


Standard Bank CEO Sim Tshabalala
South Africa’s economy may have turned a corner, but more jobs are needed
9th November 2022 By: Darren Parker

With South Africa’s unemployment rate having improved by 0.6 of a percentage point to 33.9% in the second quarter, Standard Bank CEO Sim Tshabalala has said the country’s economy may well have... 


Outa questions Sanral’s claims of R43bn in GFIP debt
4th November 2022 By: Darren Parker

Nonprofit Organisation Against Tax Abuse (Outa) has called into question the truthfulness and accuracy of the South African National Roads Agency Limited’s (Sanral’s) claim on October 26 that... 


Octodec swings to a profit, reports reduced vacancies
1st November 2022 By: Darren Parker

JSE-listed real estate investment trust (Reit) Octodec Investments has reported a material reduction in vacancies in the residential and industrial sectors for the financial year ended August 31,... 


Off-grid solar expected to supply 624m people with electricity by 2030
20th October 2022 By: Darren Parker

The second part of the ‘Off-Grid Solar Market Trends Report 2022’, published on October 19 at the Global Off-Grid Solar Forum and Expo in Rwanda, has projected that 624-million people will be... 


Paftrac chairperson Professor Patrick Utomi
Survey reveals ‘huge support’ for AfCFTA
19th October 2022 By: Darren Parker

The results of the third yearly Africa CEO Trade Survey, run by the Pan-African Private Sector Trade and Investment Committee (Paftrac) and African Business magazine have shown “huge support” for... 


South Africa is returning to prepandemic levels of economic growth
30th September 2022 By: Darren Parker

South Africa is returning to pre-Covid-19 levels of economic growth, according to the latest ‘KPMG Global Economic Outlook’ report. The global economic research and consulting firm said on... 


textile factory
Less than 1% of discarded textiles are recycled back into clothing
27th September 2022 By: Darren Parker

In South Africa, only about 13% of textiles are recycled at all, while less than 1% is recycled back into clothing, environmental services company Pinpoint Sustainability director Nicola Jenkin... 


Consumers
Inflation cools to 7.6% - but food prices remain red hot
21st September 2022 By: News24Wire

Consumer inflation cooled slightly in August, to 7.6% from 7.8% in July – thanks mostly to lower fuel prices. But food prices remained red hot. The monthly change in the consumer price index was... 


CTIA
ACSA narrows its losses, but traffic volumes still below prepandemic levels
15th September 2022 By: Darren Parker

State-owned Airports Company South Africa (ACSA) reported a loss of R1-billion for the 2021/22 financial year, which is an improvement on the R2.6-billion loss reported in the previous financial... 


South African manufacturing
A 10% increase in manufacturing investment could yield a 13% boost to the economy
8th September 2022 By: Darren Parker

A mere 10% increase in manufacturing investment in South Africa would result in a gross domestic product (GDP) contribution increase of 13% in South Africa, along with a 9% increase in fiscal... 


2022 signals a return to normal for Bidvest
5th September 2022 By: Darren Parker

Following the economic upsets caused by the pandemic and the ensuing lockdowns since 2020, services, trading and distribution group Bidvest has reported strong results for the financial year ended... 


President Cyril Ramaphosa
Employment growth encouraging govt to do more to unlock investment – Ramaphosa
5th September 2022 By: Thabi Shomolekae

President Cyril Ramaphosa said on Monday that while the country’s economy takes time to recover and while the reform programme is implemented, government will continue to pursue a range of... 


Absa PMI rises above 50 in August
1st September 2022 By: Darren Parker

Financial institution Absa’s seasonally adjusted Purchasing Managers’ Index (PMI) rose to 52.1 points in August from 47.6 in July. Following a tough start to the third quarter, an easing in the... 


Consumers
Inflation hits new 13-year high
24th August 2022 By: News24Wire

Annual consumer inflation reached its highest level in 13 years, increasing to 7.8% in July from 7.4% in June. The increase was in line with economists' forecasts. The consumer price index rose by... 


DBSA CEO Patrick Dlamini
DBSA reports record profit for the year
19th August 2022 By: Darren Parker

State-owned development finance institution Development Bank of Southern Africa (DBSA) has reported a record R3.8-billion net profit for the financial year ended March 31, showing a profitability... 


Emira COO Ulana van Biljon
Office leasing sector still struggling, industrial demand growing – Emira
17th August 2022 By: Darren Parker

The office sector is still under pressure, with the recovery thereof being wholly dependent on good economic growth, JSE-listed Emira Property Fund COO Ulana van Biljon said on August 17. Until... 


OneLogix warns of up to 80% y/y decrease in earnings a share
8th August 2022 By: Darren Parker

JSE-listed logistics company OneLogix has advised its shareholders to expect a drop of between 60% and 80% year-on-year in earnings a share to between 2.5c and 5c for the financial year ended May... 


Mpact’s interim earnings, revenue increase despite many headwinds
8th August 2022 By: Darren Parker

JSE-listed paper and plastic packaging manufacturer Mpact has reported an improved trading performance for the six months ended June 30, with group revenue for the period having increased by 5.2%... 


Sappi Saiccor mill
Sappi reports record third-quarter Ebitda of $371m
4th August 2022 By: Darren Parker

Pulp and paper producer Sappi has reported record earnings before interest, taxes, depreciation and amortisation (Ebitda) of $371-million – excluding special items – for its third fiscal quarter... 


SARB Governor Lesetja Kganyago
Interest rates increased by 75bps - biggest hike since 2002
21st July 2022 By: News24Wire

The repo rate has been hiked by another 75 basis points on Thursday. This brings the repo to 5.5% and the prime rate to 9%. Three members of the monetary policy committee supported the hike, while... 


trade is up
Global trade $1tr higher y/y in the first quarter
8th July 2022 By: Darren Parker

The value of global trade increased to a record $7.7-trillion in first quarter of the year, which translates to a year-on-year increase of about $1-trillion, the United Nations Conference on Trade... 


Solar PV installation
IEA calls for diversification of solar PV supply chains
7th July 2022 By: Darren Parker

Ensuring a secure transition to net-zero emissions will require increased efforts to expand and diversify the global production of solar panels, whose global supply chains are currently heavily... 


Lithium ion batteries
Automakers ramping up investments into upstream nickel, cobalt
6th July 2022 By: Darren Parker

Market research firm Fitch Solutions Country Risk and Industry Research (Fitch Solutions) says automakers are increasing their upstream investments and supply contracts to secure enough battery... 


Best practices for small businesses
1st July 2022

Experienced engineers are crucial in such a critical and technically-minded sector as engineering, and it is consequently not surprising that the industry players place a premium on the employment... 


Health Minister Dr Joe Phaahla
Cabinet encourages more S Africans to vaccinate as it ends mask mandate
23rd June 2022 By: Sane Dhlamini

Minister in the Presidency Mondli Gungubele said on Thursday that while Cabinet welcomed a significant drop in Covid-19 cases in the country, it is urging more South Africans to vaccinate against... 


Localisation strategies must identify, remove constraints for local producers
13th June 2022 By: Darren Parker

Effective localisation strategies must start by identifying the constraints on local producers that make it harder for them to compete with foreign suppliers, a report issued by economic research... 


South African GDP boosted as investment makes gradual recovery
13th June 2022 By: Darren Parker

In expenditure terms, a recovery in investment and expanded household spending boosted South Africa’s gross domestic product (GDP) growth in the first quarter this year, according to a report... 


Publication detailing domestic startup ecosystem to be launched
3rd June 2022 By: Donna Slater

Startup-focused news and research company Disrupt Africa will, in the second week of June, release its South African Startup Ecosystem Report 2022 in partnership with the SA SME Fund and Nedbank... 


Truck and fruit
South African terms of trade boon provides unique opportunity for the economy
27th May 2022 By: Darren Parker

South Africa is currently enjoying a terms of trade boon, with export prices outpacing import prices, market research firm Intellidex director and capital markets research head Peter Attard... 


Alexforbes Investments CEO Ann Leepile
Alexforbes launches new transformation policy
19th May 2022 By: Darren Parker

Financial services company Alexforbes Investments launched its new transformation policy on May 19. The policy launch took place in conjunction with the publication of the company’s new... 


Stats SA given R2.8bn for current financial year
10th May 2022 By: Donna Slater

Minister in the Presidency Mondli Gungubele reports that through the 2022/2023 budget vote for Statistics South Africa (Stats SA), the entity will, over the medium-term expenditure framework... 


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