South Africa’s gross domestic product (GDP) increased by 0,5% in the third quarter of 2025, following a 0,9% rise in the second quarter, Statistics South Africa reported. Growth was supported by mining, trade, government services, and household spending, while electricity, gas, and water production declined. By sector, trade, catering, and accommodation expanded by 1,0%, with… Continue reading South Africa’s Economy Grows 0,5% in Q3 2025
Tag: Stats SA
The Statistical Mirage: Why Capitec’s CEO Is Forcing SA to Rethink Its Unemployment Narrative
The outcry was swift when Capitec CEO Gerrie Fourie dared to challenge South Africa’s sacred unemployment statistic. “The unemployment rate is probably actually 10%,” he contended, arguing that Stats SA’s headline figure of 32.9% ignores the vibrant informal economy where “everyone is doing something.” Critics were quick to dismiss him as ignorant, unscientific, even a… Continue reading The Statistical Mirage: Why Capitec’s CEO Is Forcing SA to Rethink Its Unemployment Narrative
Public Institutions Are Playing A Role In Creating Social Transformation In South Africa
The success of public institutions is deeply rooted in their ability to plan with a long-term perspective, think in generational terms and execute mandates diligently. Put differently, the effectiveness and resilience of organisations hinge on their capacity to adapt, innovate and maintain a vision that transcends immediate challenges. A long-term approach ensures that national development… Continue reading Public Institutions Are Playing A Role In Creating Social Transformation In South Africa
South Africa’s Mining Output Grows By 9.9% Year-On-Year In February 2024
According to Stats SA, iron ore was the largest contributor to growth over the period, up 42.9 per cent, contributing 5.1 percentage points. Coal, South Africa’s main source of energy for power generation, also rose by 14.6 per cent, contributing 3.7 percentage points, while chrome ore production rose by 20.6 per cent, adding one percentage… Continue reading South Africa’s Mining Output Grows By 9.9% Year-On-Year In February 2024
Tourist Traffic To South Africa Doubled In 2023
Between January and December 2023, the number of international travellers arriving in South Africa was 8.5 million. This is a 48.9 per cent increase over the same period in 2022. According to South Africa’s national statistics agency (Stats SA), 6.4 million visitors from the African continent alone will visit the country in 2023, representing 75.6… Continue reading Tourist Traffic To South Africa Doubled In 2023
The Spectre of Youth Unemployment in SA Is A Reminder That The Liberation Struggle Has Not Yet Fulfilled The Freedom Charter’s Promises
Unemployment is one of South Africa’s biggest tragedies. Statistics South Africa’s Quarterly Labour Force Survey (QLFS) for the first quarter of 2023 has painted a grim picture of the youth unemployment rate in the country, which increased by 1.1 percent to 46,5 percent this year. Around 11% of workers who should be working are unemployed.… Continue reading The Spectre of Youth Unemployment in SA Is A Reminder That The Liberation Struggle Has Not Yet Fulfilled The Freedom Charter’s Promises