Compiled by: Dorris Simpson
Fast facts at your fingertips PSM takes a look at statistics that tell the story of the latest developments in the country. Manufacturing income increases According to Statistics South Africa, the manufacturing industry report indicates that total income for the industry increased by 9.4 percent per annum, from R1.68 trillion in 2011 to R2.20 trillion in 2014. The report is a periodic survey which measures economic activity in the manufacturing sector of the South African economy based on a sample of private and public enterprises operating in the manufacturing industry. Comparing 2011 and 2014, large increases were reported for coke, petroleum, chemical products, rubber and plastic (+R248.1 billion); food products and beverages; (R88.6 billion) and transport equipment (+R81.3 billion). The contribution of the top 100 enterprises has risen from 53.5 percent in 2005 to 58.1 percent in 2014. Employment declined from 1 436 000 in 2005 to 1 190 000 in 2014 (a loss of 246 000 jobs). The biggest loss in jobs was in textiles, clothing, leather and footwear (-91 000), followed by food products and beverages (-52 000). Job losses were also recorded in metals, metal products, machinery and equipment (-35 000); furniture, other manufacturing and recycling (-32 000); as well as transport equipment (-30 000). Jobs were only gained in coke, petroleum, chemical products, rubber and plastic (+20 000) sectors. Large enterprises contributed 46.4 percent of employment while small, medium and micro enterprises created 53.6 percent of employment.
Construction industry on the rise The construction industry 2014 report indicates that the total income for the construction industry increased by 13.4 percent per annum, from R269 billion in 2011 to R392.3 billion in 2014. Comparing 2011 and 2014, large increases were reported for construction of civil engineering structures (+R46.8 billion); construction of buildings (+R26.6 billion); and other building completion (+R11.8 billion). The contribution of the top 100 enterprises rose from 34.8 percent in 2004 to 40.0 percent in 2014. The number of persons employed as at the end of June 2014 was 502 000. Employment declined from a high of 541 000 in 2007 to a low of 485 000 in 2011 before a slight recovery to 502 000 in 2014 (a loss of 39 000 between 2007 and 2014). Since 2007, most jobs were lost in construction of buildings (-61 000) and other building completion (-19 000). The highest growth in employment was in construction of civil engineering structures (+45 000 jobs). Large enterprises contributed 37.3 percent of employment while small, medium and micro enterprises created 62.7 percent of employment.
Tourist arrivals continue to grow Tourist arrivals in South Africa continue to grow unabated, says the Department of Tourism. The current trend of tourist arrivals in the country has shown consistent growth, with a total of 822 416 tourist arrivals recorded for July 2016. This indicates an increase of 12.2 percent (89 525 tourist arrivals) compared to the same month of the previous year. The total tourist arrivals for the period January to July 2016 were 5 791 504, which is an increase of 14.9 percent (751 388 tourist arrivals) compared to the same period of the previous year. When comparing July 2016 with July 2015, the increase in tourist arrivals from Asia increased by 47.7 percent, followed by Middle East (35.1 percent), North America (26.1 percent), Central and South America (24.4 percent), Europe (17.5 percent) and Australia (16.4 percent).
Public Sector Manager â€˘ December 2016 / January 2017