Business In The News South Africa

SA mining production surges 6.9% in August and exceeds expectations

JOHANNESBURG, October 12 – Mining production in South Africa increased by 6.9 percent year-on-year in August whilst seasonally adjusted mining production increased by 5.3 percent in the same month compared with July, Statistics South Africa (StatsSA) said on Thursday. StatsSA said the biggest contributors to the jump in production were iron-ore, diamonds and gold, adding 1.3 percentage points, […]

In The News South Africa

South Africa sheds 34, 000 so far in 2017 – StatsSA

PRETORIA, September 28  – A decline of 34,000 jobs was recorded in the second quarter of 2017 in South Africa’s formal non-agricultural sector, the Quarterly Employment Survey, released by StatsSA on Thursday, revealed. “That decrease is in manufacturing, construction, community services, transport … only mining and quarrying showed some increases in terms of employment. That is what […]

Business In The News South Africa

Mining and manufacturing production decline in June

JOHANNESBURG, August 10 – Manufacturing production declined by 2.3 percent while mining production decreased by 0.8 percent year-on-year in June compared with the same period last year, Statistics South Africa (StatsSA) said on Thursday. StatsSA said the largest negative contributions to manufacturing were reported in petroleum, chemical products, rubber and plastic products and wood and wood products, paper, […]