Page 43 - Stats Sa News Today

GDP could shrink by 7 percent says economist Updated Andrew Robertson Share this: An economist believes the latest statistics will show that gross domestic product grew substantially by at least 6% in the fourth quarter of 2020.  Money/ iStock But Mike Schussler says we are likely to see a 7% decline for the year.  Well know the full picture when Statistics SA releases the figures this morning. Schussler says the economic bounceback is better than expected.  "We will get better growth than...

The indicators accompanied the release of the fourth-quarter GDP data, with an increase of 1.5% in the fourth quarter of last year.

Municipality: It could take 2 years to rebuild Durban’s economy Updated Steve Bhengu Share this: eThekwini says given the impact of the COVID-19 pandemic the spike in KZNs unemployment rate has come as no surprise.  Supplied According to Stats SA, it jumped from 14% in the third quarter last year to 20.-5% in the fourth quarter.  The national pictures also disappointing.  During the same period, the figure increased from 38% to 32.5%. The Municipalitys Msawakhe Mayisela says the Citys ex...

Africa is not taking advantage of its marine economy Through the AU and working with Nato, Africa could utilise the ocean economy to address its ‘poverty pandemic’ 03 March 2021 - 17:00 Kenneth Mokgatlhe Picture: 123RF/ANEK SUWANNAPHOOM Oceans, seas, rivers and dams are often associated with fun and relaxation. However, more than 90% of the world’s commerce is seaborne. This means most economic activities are linked to maritime transportation of our most basic n...

We need to urgently turn most of the social grant earners – save for the elderly – into wage earners and job creators

Stats SA: Almost 70% of black children live without biological dads at home The report revealed that only 31.7% of black children stayed with their biological fathers, compared to 51.3% of coloured children, 86.1% of Indian/Asian children and 80.2% of white children. FILE: Across all four race groups, between 74% and 92.6% of children stayed with their mothers. Picture: iStock. 41 days ago JOHANNESBURG - A S...

From public servant wage increases to tax relief, here is what Mzansi is hoping to hear from finance minister Tito Mboweni's budget speech.

The Quarterly Labour Force Survey (QLFS) for the fourth quarter showed that the number of employed people increased by 33,000 to 15 million. The number of unemployed people also increased by 701,000 to 7.2 million. The expanded definition of unemployment, which includes people who were not actively looking for work in the fourth quarter, is 11.1 million people. Stats SA said employment increased in most sectors in the last quarter of 2020, except in mining and finance. In the formal sector, ...

The ranks of the informally employed are swelling, says Statistics SA. File photo. Image: Thapelo Morebudi/The Sunday Times. SA, like many other African economies, has shown an increasing trend of informal employment, a report by Stats SA showed on Tuesday. The report showed that informal employment grew by 754,000 jobs — from 4.2 million jobs in 2013 to five million in 2019. This accounted for almost a third of total employment. During 2013 and 2019, the formal sector accou...

Inside SAs Q4 2020 unemployment figures Stats SA on Tuesday announced that South Africa’s unemployment rate increased to 32.5% in the fourth quarter of 2020 compared to the third quarter. Eyewitness News unpacks the statistics. unemploymentjpeg