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Statistical Releases

AI abstract
61% of manufacturers expect AI to drive growth by 2029, study finds
21st June 2024 By: Darren Parker

Nasdaq-listed Zebra Technologies has found that 61% of manufacturers expect AI to drive growth in the sector by 2029, up from 41% in 2024. These findings are part of Zebra’s ‘2024 Manufacturing... 


stor-age facility
Stor-Age reports strong financial performance
18th June 2024 By: Darren Parker

JSE-listed self-storage real estate investment trust Stor-Age has reported robust financial results for the 2024 financial year ended March 31, showcasing significant growth in rental rates and... 


Stats SA Industry statistics director Nicolai Carson
Manufacturing production up 5.3% y/y in April
11th June 2024 By: Darren Parker

South Africa’s manufacturing production increased by 5.3% year-on-year in April, Statistics South Africa (Stats SA) has reported. Stats SA Industry statistics director Nicolai Carson said on June... 


taxi rank
Lack of public transportation integration undermining service delivery
7th June 2024 By: Darren Parker

A lack of proper integration with regard to urban public transportation systems has led to inefficiencies and duplications, with some routes and areas being overserved while others suffer from a... 


North-West University Business School economist Professor Raymond Parsons
Persistently poor GDP growth most significant feature of South Africa’s economic performance
4th June 2024 By: Darren Parker

South Africa’s continued disappointing economic growth remains the most significant feature of the country’s macroeconomic performance, North-West University Business School economist Professor... 


Report reveals tax transparency, exchange of info progress in Africa
3rd June 2024 By: Sabrina Jardim

The ‘2024 Tax Transparency in Africa’ report shows that improved tax transparency, exchange of information (EOI) and related measures have enabled an increase in fiscal revenue for African... 


Vumacam
Vumacam surveillance tech yields 10% boost in crime interceptions, arrests in Gauteng
20th May 2024 By: Darren Parker

The Gauteng provincial government (GPG) has reported a “substantial impact” on criminal activities across the province has been achieved 100 days into the rollout of its surveillance project, which... 


South Africa avoids technical recession despite challenges – Deloitte
10th May 2024 By: Sabrina Jardim

With unemployment, loadshedding and a weak economy being front-line issues in the upcoming elections, the incoming administration must drive investment and reform to restart growth, build... 


Accenture sales and commerce lead Africa Mushambi Mutuma.
South African companies struggling to keep pace with e-commerce growth
9th May 2024 By: Sabrina Jardim

While the cost of doing business is increasing, as companies grapple with ad hoc systems, legacy technology, skills gaps and poor infrastructure, global e-commerce companies with a “wealth of... 


Transnet freight train
Transnet volumes, revenue up, but falls short of recovery targets
26th April 2024 By: Darren Parker

State-owned Transnet has reported a 1.5% year-on-year improvement in the total rail volumes reaching 151.7-million tonnes at the end of March 2024, showcasing improvement in operational... 


Rand Currency
Reserve bank to cut rates less than earlier thought in 2024 – poll
18th April 2024 By: Reuters

South Africa's central bank is now predicted to deliver only 50 basis points of interest rate cuts this year, less than earlier projected as inflation is seen taking slightly longer to return to... 


Consumers
South Africa inflation slows slightly more than expected in March
17th April 2024 By: Reuters

South Africa's headline consumer inflation fell to 5.3% year on year in March from 5.6% in February, statistics agency data showed on Wednesday. Analysts polled by Reuters had forecast that... 


Treasury logo
Treasury welcomes IMF report ranking SA top 3 in fiscal transparency
16th April 2024 By: Sashnee Moodley

The International Monetary Fund’s (IMF’s) Fiscal Transparency Evaluation Report has placed South Africa in the top three countries in terms of transparent fiscal practices, which National Treasury... 


fossil fuel emissions
88% of global fossil fuel, cement CO2 emissions linked to 117 producers
4th April 2024 By: Darren Parker

A new report, released on April 4 by InfluenceMap using the Carbon Majors database, shows that 88% of global carbon dioxide (CO2) emissions from fossil fuels and cement from 2016 through 2022 can... 


Policy uncertainty edging further into negative territory ahead of elections, report shows
3rd April 2024 By: Darren Parker

The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded... 


SARB Governor Lesetja Kganyago
SARB keeps main interest rate unchanged, citing inflation risks
27th March 2024 By: Reuters

South Africa's central bank kept its key interest rate unchanged at 8.25% on Wednesday, saying that on balance risks to the inflation outlook were skewed to the upside. It was the fifth meeting in... 


Report reveals drop in insolvencies for South Africa, but challenges remain
4th March 2024 By: Sabrina Jardim

Trade credit insurance company Allianz Trade has released its latest ‘Global Insolvency Report’, unveiling updated forecasts for 2024 and 2025. According to Allianz, global insolvencies are set to... 


Consumers
South African inflation picks up in January
21st February 2024 By: Reuters

South Africa's headline consumer inflation quickened to 5.3% year on year in January from 5.1% in December, data showed on Wednesday. Key contributors to the annual inflation rate included food,... 


metal works with sparks
Metals, engineering output up 1.7% but still far below 2008/9 peak
20th February 2024 By: Darren Parker

While aggregate production in the South African metals and engineering sector increased by 1.7% last year, which is slightly higher than the 1.5% increase in 2022, it remains 18% below where it was... 


African flags
Africa's economic growth fell to 3.2% in 2023, says AfDB
16th February 2024 By: Reuters

Africa's economic growth fell to 3.2% last year from 4.1% in 2022, the African Development Bank said on Friday, but it projected higher growth this year for all regions except central Africa. The... 


Sasol Secunda
Sasol warns of lacklustre interim results amid volatile macroeconomic environment
9th February 2024 By: Darren Parker

Energy and chemicals company Sasol has attributed its “underwhelming” upcoming financial results for the six months ended December 31, 2023, to continued volatility in the macroeconomic... 


South African flag and R2 coin
Sacci business confidence index shows incremental improvements
8th February 2024 By: Darren Parker

The South African Chamber of Commerce and Industry (Sacci) has revealed that its business confidence index (BCI) for December last year reached a notable 112.1, marking the second-highest level for... 


petrol pumps
Petrol, diesel prices to go up by more than 70c/ℓ on Wednesday
6th February 2024 By: Darren Parker

Both 93 and 95 unleaded petrol (ULP) and lead replacement petrol (LRP) are going to cost an additional 75c/ℓ from February 7. The cost of diesel is also going to increase. For 0.05% sulphur diesel,... 


Report reveals decline in entrepreneurial activity in South Africa post-pandemic
1st February 2024 By: Sabrina Jardim

According to the latest ‘2023 Global Entrepreneurship Monitor South Africa’ (GEM SA) report, released on February 1, South Africa’s early-stage entrepreneurial activity has declined to below... 


coal fired power stations
Global climate action insufficient to meet 2050 goal of 1.5 °C limit – report
8th January 2024 By: Darren Parker

Global emissions, which are continuing to rise by 1.5% a year, must be cut by 7% every year until 2030 to limit global warming to 1.5 °C, as agreed by countries that signed the Paris Agreement in... 


The Durban Container Terminal
Absa PMI ends 2023 on stronger footing as December business activity rises
8th January 2024 By: Darren Parker

Financial institution Absa’s Purchasing Managers’ Index (PMI) closed out 2023 on a somewhat stronger footing, rising by 2.7 points to 50.9 index points in December.  Absa said on January 8 that... 


Basic income grant can reduce poverty, boost economic growth – Study
12th December 2023 By: Sane Dhlamini

A new report titled 'Macroeconomic and Developmental Impacts of Selected Basic Income Grant (BIG) Pathways for South Africa' by Applied Development Research Solution (ADRS) and the Institute for... 


Image of NRF CEO Professor Fulufhelo Nelwamondo at the u'GOOD launch
NRF launches youth-centred research programme in partnership with Swiss Fondation Botnar
8th December 2023 By: Sane Dhlamini

South Africa’s National Research Foundation (NRF) CEO Professor Fulufhelo Nelwamondo on Friday stressed the vulnerability of African youth in terms of their well-being, as he announced the launch... 


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... 


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