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SA’s manufacturing output up 0.3% y/y in January
On a month-on-month basis factory production contracted by 2% in January, Statistics South Africa.
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Investors to closely monitor SA polls after positive GDP figures, say economists
Stats SA said the country’s economy expanded by 1.4% in the fourth quarter of last year following a revised figure of 2.6% in the third quarter.
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SA attains 2 successive quarters of growth
The expansion comes after a revised figure of 2.6% in the third quarter. It’s welcome news as the country entered into a technical recession last year.
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SA economy expands by 1.4% in Q4 of 2018
South Africa’s economy expanded 1.4% in the fourth quarter of 2018 after a revised 2.6% expansion in the third quarter, data from Statistics South Africa showed on Tuesday.
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Q4 unemployment rate drops slightly to 27.1%
The data, released by Stats SA on Tuesday, showed that the unemployment figured decreased from 27.5% in the third quarter of 2018 to 27.1% in the fourth quarter.
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Unemployment rate expected to decrease for Q4 of 2018
In the third quarter, the unemployment rate increased to 27.5% with 6.2 million people without work.
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CPI slows to 4.5% from 5.2%
Statistics South Africa released the data on Wednesday.
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Consumer inflation increases to 5.2% in November
Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.4% in November up from 4.2% in October.
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Stats SA to announce third quarter GDP results
South Africans will know on Tuesday whether the country has emerged from a technical recession.
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Retail trade sales rose 0.7% y/y in September 2018
Stats SA also announced that retail trade sales increased by 1.5% in the third quarter of 2018 compared with the third quarter of 2017.
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Stats SA to reveal September retail sales figures
Nedbank economist Johannes Khoza says retail sales growth will show a dip in September but should still make a positive contribution to third quarter GDP.
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Unemployed KZN graduates march to Union Buildings to demand jobs
They say that they want the government to come up with solutions to tackle the rising unemployment rate.
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Stats SA: 7 of 10 SA’s industries record drop in labour force
The survey for the third quarter has revealed that 6.2 million South Africans are without jobs.
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Stats SA: 7 out of 9 provinces record employment increase
Figures show a 0.3 percentage point increase in the unemployment rate to 27.5% for the third quarter.
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DA calls on government to strengthen SAPS resources
The Stats SA report has revealed that crime on individuals has increased by 5% to over 1.6 million, with theft of personal property being the most dominant.
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Stats SA to help with land reform process
From next Monday, officials are to visit farmsteads countrywide embarking on a census of commercial farms.
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Commercial farmers urged to participate in agricultural census
Stats SA is set to embark on the countrywide census on Monday the 15 October.
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Rand slumps as SA enters recession for first time since 2009
Statistics South Africa said the economy contracted by 0.7% quarter-on-quarter, led by declines in the agricultural, transport and retail sectors.
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Finance Minister says govt didn't see recession coming
Finance Minister Nhlanhla Nene says he doesn’t think that the latest figures have something to do with the current heated debate around the expropriation of land without compensation.
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SA slips into recession as GDP contracts in second quarter
Statistics South Africa released the figures on Tuesday, saying that this is the second drop, following a decrease of 2.6% in the first quarter of the year.
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Eskom is govt's biggest spender at over R75bn - report
Eskom’s capital expenditure for 2017 was R75.5 billion which is three times more than the second biggest spender, Transnet, at R25 billion.
