Sep 14, 2009
The Bureau for Economic Research (BER) on Monday said that its latest Manufacturing Survey has revealed a notable improvement in manufacturing business confidence, although it remains at low levels.
The business confidence index came in at 22 index points, up from...
Sep 10, 2009
The Trade Activity Index (TAI) reached its highest level, so far, in 2009, in August, registering 44 points, the South African Chamber of Commerce and Industry (Sacci) reported on Thursday.
Although still below the neutral 50 point level, this was two points higher...
Sep 09, 2009
The Rand Merchant Bank (RMB)/Bureau for Economic Research (BER) Business Confidence Index slipped to a ten-year low of 23 points in the third quarter of the year.
The three-point quarter-on-quarter decline was a result of a continued decline in the retail sector,...
Sep 09, 2009
South Africa fell two places in the latest Doing Business report, published by the International Finance Corporation (IFC) and currently ranked at 34 out of 183 countries.
The annual survey analyses regulations that apply to an economy’s businesses, including...
Sep 03, 2009
South Africans consumed 19 484 GWh of electricity in July, 2,1% less than the electricity the country consumed in July 2008, Statistics South Africa (Stats SA) said in a statement on Thursday.
Electricity consumption was also down by 2,1% month-on-month, while...
Sep 03, 2009
With the South African economy finding it difficult to gain momentum, the South African Chamber of Commerce and Industry (Sacci) Business Confidence Index (BCI) remained “virtually unchanged” at 83 points in August.
This was 0,2 points lower than the July figure,...
Aug 26, 2009
South Africa's targeted consumer inflation slowed to 6,7% year-on-year in July, slightly above expectations, from 6,9% in June, official data showed on Wednesday.
Statistics South Africa said headline CPI stood at 1,1% on a monthly basis in July compared with 0,4%...
Aug 18, 2009
Economists were hopeful on Tuesday that the third quarter of the year would produce an even smaller contraction in gross domestic product (GDP) than the 3% quarter-on-quarter contraction recorded in the second quarter, while the final quarter would likely show a...
Aug 06, 2009
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Aug 03, 2009
The Kagiso Purchasing Managers Index (PMI) in July dropped back to its May level of 37,3 index points, a “disappointing” performance in comparison with the global PMI, Kagiso Securities said on Monday.
The PMI, which is a key measure of manufacturing activity, in...
Jul 30, 2009
South Africa’s producer price inflation (PPI) declined by a record 4,1% in June, Statistics South Africa (Stats SA) reported on Thursday, with an analyst saying that the PPI would likely continue on a deflationary trend for the rest of the year.
The June PPI was...
Jun 29, 2009
The number liquidations in May increased by 6,8% year-on-year to 283, while the total number of liquidations recorded between January and May had now increased to 1 640, Statistics South Africa (Stats SA) reported on Monday.
This 36,8% increase over the past five...
Jun 23, 2009
The number of people employed in the formal non-agricultural business sector in South Africa declined by 2,1% or 179 000 people in the first quarter of 2009, Statistics South Africa’s (Stats SA’s) Quarterly Employment Statistics (QES) survey shows.
At the end of...
May 18, 2009
In what is arguably the first significant confirmed shift in economic reporting responsibilities to take shape under the new government structure outlined by President Jacob Zuma on May 10, South Africa’s statistical agency, Statistics South Africa, or Stats SA, will...