Parliamentarians are entitled to a good salary and pension benefits, but luxuries have no place in the current economic climate, writes Melanie Verwoerd.
Inflation for December moderated to 4.5%, in line with market expectations.
Motor trade sales increased by 5% year-on-year in June 2018 measured in current prices, according to Statistics SA.
South African mining production is down, according to a new Statistics SA report, with the largest negative contributors being gold, coal and manganese ore.
The annual percentage change in the Producer Price Index for final manufactured goods was 3.7% in March 2018 compared with 4.2% in February 2018, says Stats SA.
Mining production increased by 2.4% year-on-year in January, boosted by iron ore and other non-metallic minerals, figures released on Thursday by Statistics South Africa showed.
The SA economy grew by 1.3% in 2017, exceeding National Treasury’s expectation of 1% growth announced during the National Budget Speech in February, says Statistics SA
The unemployment rate in South Africa was stable at 27.7% for the third quarter in a row, although still at record high levels last seen in 2003, says Statistics South Africa.
Platinum has been the biggest culprit responsible for the drop in mining production in June which fell by 0.8% compared to the same period last year.
Between 2003 and 2013, there has been a 122% increase in the number of black women who got driver’s licences, according to Statistics South Africa’s latest report on Gender Patterns in Transport.
Measured in real terms total income generated by the food and beverages industry has decreased in August 2016 compared with August 2015, says Statistics SA.
Consumer price inflation has increased to 5.1% in July, up from 4.6% in June, says Statistics SA.
Weak retail sales and a better-than-expected June inflation number suggest the SARB may keep interest rates unchanged, says an FNB analyst.
Insufficient demand remains by far the biggest reason for the under-utilisation of capacity by large manufacturers in South Africa, a survey by Statistics South Africa shows.
The latest Producer Price Index released by Statistics SA shows that PPI fell to 4.2% year-on-year in February from 5.1% y/y in January.
A modest growth recovery is anticipated for the SA economy, but the implementation of structural reform is necessary to propel it to higher growth over time.
The Consumer Price Index for December was 4.7%, while the annual average inflation for 2017 was 5.3%, according to data from Statistics South Africa.
All eyes will be on Statistics South Africa this morning when the entity will announce South Africa’s job statistics for the third quarter of 2017 at around 11:00 in Cape Town.
Employment in SA has increased by 90 000 in a one-year period, although the mining and transport sectors recorded job losses, the latest employment survey shows.
The Western Cape has the highest rate of universal access to improved drinking water sources in the country, says Statistics SA.
The volume of goods transported has increased by 8.9% in August 2016 compared with August 2015, says Statistics SA.
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