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South Africa included figures for drugs and prostitution in its economic growth calculation for the first time on Tuesday, but analysts said the estimated $465m for illegal activities last year was too low. Statistics South Africa said illegal and underground...
Tags: Statistics South Africa, South Africa, Pretoria, Sex trade, Social Issues, Business Finance, Human sexuality, Prostitution, The Economist
The bad news in this bulletin is that the U.S. economy didn’t grow at quite the rate—3.5%—during the period from July to September that the Department of Commerce previously said it had. The good news: It still grew, albeit at the whittled-down pace of...
Tags: domestic product, Statistics South Africa, gross domestic, seasonal adjusted, annualised rate, economic growth, real gross, adjusted real, market prices, S.Africa, South Africa, Johannesburg, Business Finance, Recessions, Business cycle, Macroeconomics, Gross domestic product, Late 2000s recession in Europe, Economic disasters, Economy of the United States, Recession, BNP Paribas, Economy of the United Kingdom, Late 2000s recession in the Americas, Labor, Real gross domestic product, Late 2000s recession in Asia, Index numbers, Market trends, Economy of South Africa, National accounts
The rand rose 1.9% against the U.S. dollar on Monday, boosted by the rally in gold prices and expectations that data due Tuesday will show the South African economy grew by an annualized 0.5% in the third quarter from the preceding quarter. "Many are...
Tags: Statistics South Africa, Germany, Frankfurt, Rand, Frankfurt am Main, Economy of South Africa, South African rand, South Africa, Business Finance
Cannabis farming now forms an official part of the agricultural sector, even if illegal. It will be included in future calculations of the gross domestic product (GDP)...This is a logical consequence of Statistics South Africa's decision to include illegal...
Tags: Statistics South Africa, South Africa, Johannesburg, Economic growth, World economy, Economy of Australia, Gross Domestic Product, National accounts, Macroeconomics, Business Finance
South Africa's official jobless rate increased to 24,5% of the labour force in the third quarter of 2009, from 23,6% in the second quarter, while the labour force fell sharply, a report showed on Thursday. In its latest quarterly Labour Force Survey,...
Tags: Statistics South Africa, Quarterly Labour Force, force survey
Growth in demand for credit by South Africa's private sector slowed more than expected in September from a year earlier, rekindling talk of another interest rate cut to help struggling companies and households. The rand fell slightly and bonds rose after...
Electricity parastatal Eskom's latest proposed tariff hike will administer "a serious shock to the economy" next year, Business Unity South Africa (Busa) said on Wednesday. The price hike would hit South Africa's economy "just when it should be coming...
Tags: Statistics South Africa, Eskom, central bank, funding gap, Tito Mboweni, retail sales
Gross domestic product fell an annualised 3 per cent from the first quarter, when it dropped 6.4 per cent, Statistics South Africa said in a report released in Pretoria Tuesday. The median estimate of 22 economists surveyed by Bloomberg was for a 3.3...
Tags: Jacob Zuma, Statistics South Africa, president jacob, religious leaders
South Africa's economy remains stuck in a recession, according to gross domestic product (GDP) data released by Statistics South Africa on Tuesday. The economy contracted once again in the second quarter of the year, according to the Pretoria-based agency.
Tags: Statistics South Africa, domestic product, gross domestic
South Africa has increased its food production by an average of 30% since 1990, but although this figure is up, it is not keeping pace with South Africa's growing population...The "insignificant" growth of field products, up only 13%, is of concern to...