Podcasts about statistics south africa

The South African Federation of Trade Unions (SAFTU) has expressed deep concern over the continued decline of South Africa's manufacturing sector, citing the latest official data from Statistics South Africa. According to SAFTU, this decline reflects a systemic economic crisis rooted in neoliberal policies, falling investment levels, and an extractive economic structure that has never been dismantled. Elvis Presslin spoke to SAFTU National Spokesperson, Newton Masuku, to discuss this further

Clement Manyathela speaks with Risenga Maluleke, the Statistician-General of South Africa and Head of Statistics South Africa, about the ongoing crisis of crime in the country. Maluleke clarifies that crime in South Africa can be divided into two categories: reported crime, which is recorded in SAPS (South African Police Service) administrative records, and unreported crime – those incidents that are experienced but never reported to the police. He highlights some of the most frequently reported crimes in South Africa, including: Murders Sexual offences, with around 84% of these incidents reported Housebreaking (when the victim is not home) and home robberies "Housebreaking remains the highest crime in South Africa," Maluleke says. He further explains that a key indicator of a community's safety is whether people feel comfortable walking freely at night, confident in their security. Unfortunately, he notes, this is not the reality in South Africa, particularly for women. Maluleke also points out that many South Africans tend to trust the police more than the judicial system. He explains that, in the court of law, the process begins with the defendant pleading, followed by the trial. In contrast, in a traditional setting, the individual is first tried, and only then is the plea made. Thank you for listening to The Clement Manyathela podcast. Listen live - The Clement Manyathela is broadcast on weekdays from 09:00 am to noon on 702. See omnystudio.com/listener for privacy information.

The annual consumer inflation remain steady at 3.2% in February 2025, unchanged from January. That's according to a data from Statistics South Africa. The main contributors to inflation in the month came from housing and utilities, food, non-alcoholic beverages, restaurants and accommodation services. Inflation remains broadly under control and well below the Reserve Bank's midpoint target. Stats SA CPI operations director Lekau Ranoto says recreation, sport and culture, food and non-alcoholic beverages, alcoholic beverages and tobacco and communication recorded higher annual inflation rates in February.

In 2023, nearly 8 million children aged between 0 and 17 years (38% of South Africa’s total child population of 21 million) — were living in households headed by their grandparents. Lester Kiewit speaks to Solly Molayi, acting deputy director general for Population and Social Statistics at Statistics South Africa. See omnystudio.com/listener for privacy information.

In 2024, education expenses surged by 6.3% compared to the previous year, marking the sharpest increase since 2020, according to Statistics South Africa's March consumer inflation data. This rise outpaces the 5.7% hike recorded in 2023. High school fees saw the steepest climb at 7.3%, while primary schools and tertiary institutions raised their fees by 5.9%. Crèches also increased their fees by 6%. Meanwhile, university boarding costs soared even higher, with an 8.2% jump compared to 2023. Education fees are reviewed annually in March, making this data a critical indicator of rising education costs. Sakina Kamwendo spoke to John Manyike Group Head of Financial Education at Old Mutual

Statistics South Africa yesterday released the consumer price inflation figure for October, which decreased to 2.8%. If ever there was a chance to cut the repo rate by 50 basis points, it is today.  This episode is supported by the NWU Business School. 

Together with yesterday's labour force survey data, Statistics South Africa put the spotlight on the domestic workers. Approximately 1.1 million South Africans are employed in private households and of these 854 000 are domestic workers who clean, cook, and care for children or the elderly. This is a group that is particularly vulnerable to a downturn in the economy. This episode is supported by the NWU Business School.

According to Statistics South Africa  (STATS SA) there has been an increase of 294 000 in jobs for South Africans in Quater 3 of this year to 16.9 million of employed people. Stats SA reports that South Africa's unemployment rate has decreased by 1.4 percent  to 32.1 percent in quarter three of this year (2024). Statistics South Africa has  just released the third quarter employment statistics a few minutes ago. Sakina Kamwendo spoke to SABC reporter, Nothando Magudulela...

Statistics South Africa announced September's CPI inflation rate yesterday and it was lower than expected. Inflation decreased from 4.4% in August to 3.8% in September. This episode is supported by the NWU Business School.

Consumers can breathe a sigh of relief as prices ease to their lowest level in three years. This as data released by Statistics South Africa shows that the consumer price inflation has cooled down further from 4,6% in July to 4,4% in August 2024. Stats SA notes the contributions to the decline came from transport, housing, restaurants and hotels. Udo spoke to Economic Advisor to the Optimum Financial Services Group, Dr Roelof Botha

Statistics South Africa released the second quarter's GDP figure yesterday and to everyone's relief, the economy at least grew by 0.4%. This episode is supported by Economic Research Southern Africa and the NWU Business School.

A shocking survey conducted by the University of Pretoria and Statistics South Africa has revealed that over 4 million people in South Africa are living with type 2 diabetes, with many not receiving adequate treatment. The University of Pretoria's Diabetes Research Centre warns that the alarming rise in type 2 diabetes, driven by poor diets and lack of physical activity, is exacerbating this crisis. The study's findings are dire, with a significant number of patients failing to meet critical health targets, putting them at risk of severe complications. Elvis Presslin spoke to Dr. Patrick Ngassa Piotie, Senior Programme Manager at the University of Pretoria's Diabetes Research Centre and Chairperson of the Diabetes Alliance

South Africans are not safe in their homes. That's according to a new data released by Statistics South Africa. Around 2,6 minion households experienced housebreakings or burglaries in the past 5 years. The experience of housebreaking has increased by 12% from the previous year.  There is a decline in the sense of safety among individuals walking in their neighborhoods during the day and at night since 2019/20. Sakina Kamwendo spoke to Stats SA's acting deputy-director general responsible for population and social statistics, Solly Molayi.

Statistics South Africa will announce the second quarter's unemployment rate later today. I thought it was good to put the figure into perspective. This episode is supported by the NWU Business School.

South Africa's population has surpassed 63 million, according to the latest 'Mid-year Population Estimates' report from Statistics South Africa, Stats SA. The country's population has grown by nearly 836,000 people, representing a 1.33% increase between July 2023 and July 2024. Notably, women make up over half of the population, with approximately 32 million females. For expert insights into these numbers and their implications, Elvis Presslin spoke to Professor Loren Landau, Senior Migration Researcher at the Wits African Centre for Migration and Society

Statistics South Africa released June's consumer price index data yesterday and the inflation rate slowed to 5.1%. This episode is supported by the NWU Business School.

Yesterday, Statistics South Africa released May's production data for the mining and manufacturing sectors, but it was disappointing. Year-on-year production rose by 0.6% and month-on-month production was lower in May than in April. This episode is supported by the NWU Business School.

SA Online tool StudyStart holds students hands on their education journey towards jobs South Africa faces a significant skills mismatch. The graduate unemployment rate continues to rise, reaching 11.8% in the first quarter of this year, according to Statistics South Africa—an increase of 2.3 percentage points from the fourth quarter of 2023. Despite this, there is a shortage of skills in some professions. Thisthe issues that entrepreneurs Jason Adriaan and broadcaster Shahan Ramkisson want to tackle with their new education-focused platform called StudyStart. In an interview with BizNews, Adriaan explained that their online tool is designed to help students plan their educational and career paths. StudyStart offers a web-based application, optimised for accessibility on mobile devices. Jason emphasises the need for vocational training options alongside traditional university routes, noting the importance of various skill sets in the job market. He also highlights the challenges startups face in South Africa, including tax burdens and slow procurement processes with large corporations. Their goal is to effectively bridge the skills gap and reduce unemployment in the country.

Yesterday, Statistics South Africa announced the results of the Quarterly Employment Survey. This shows exactly how tough the first quarter was for the economy. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Data released by Statistics South Africa shows that the price of goods have remained steady over the past two months, as the consumer price index held at 5,2-percent in May, unchanged from April 2024. The data indicates that after five consecutive months of decline, prices for food non-alcohol beverages remained unchanged at 4,7-perdent in May from April. However higher rates were recorded for transport, alcoholic beverages and tobacco,  while softer prices were recorded for miscellaneous goods and services, communication, clothing and footwear, as well as restaurants and hotels. SABC Senior Reporter -- Naledi Ngcobo -- filed the following report...

Statistics South Africa released May's consumer price inflation figure yesterday. It was unchanged from April at 5.3% after economists expected a slight increase. Month-on-month, the index figure rose by 0.2%. The good news is that food prices continue to rise more slowly. This episode is supported by the NWU Business School.

South Africa's gross domestic product (GDP) has decreased by 0,1% in the first quarter of 2024. The manufacturing industry decreased by 1,4 percent in the first quarter of 2024, contributing -0,2 of a percentage point to the negative GDP growth. Chief Director of National Accounts at Statistics South Africa, Bokang Vumbukani Lepolesa elaborates...

The latest data released by Statistics South Africa shows inflation slowed slightly in April. Stats SA says the main drivers behind the headline inflation in April were housing and utilities, miscellaneous goods and services, food and non-alcoholic beverages, as well as transport. This, as salaries data tracked in BankservAfrica's Take-home Pay Index, ticked lower in April 2024. Bongiwe Zwane spoke to Independent Economist, Elize Kruger.

Statistics South Africa announced yesterday that South Africa's unemployment rate rose to 32.9% in the first quarter. At least 22,000 new jobs were created, but the unemployment rate rose because many more people who previously said they were no longer economically active started looking for work again. One sometimes wonders, can anything solve the unemployment problem? I asked GPT-4 to look at what the various political parties propose in their manifestos. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Former Treasury budget office chief Michael Sachs highlighted that the decline in national electoral turnout in favour of the African National Congress (ANC) has been accelerating since 2004. Polls have predicted that the ANC will fall below 50% in electoral support in the upcoming May 29 general election. Ahead of the elections, Sachs' analysis of the voting trends and party support over 20 years, reflects on data from the Independent Electoral Commission and Statistics South Africa, over four general elections. He noted that he did not include the 1994 election because it was "in so many ways a special and unique election". He explained that elections were a contest for power, in general, and control over legislative and executive authority, in particular, adding that the only criterion for success was the percentage a party wins. He said percentages were important in this respect, but the absolute number of votes cast in favour of various parties was also an important indicator of long-term trends in political support and participation. He explained that votes for the ANC surged in KwaZulu-Natal (KZN) in the 2009 election thanks to former President Jacob Zuma's candidacy. "This factor may also have led to an increase in ANC votes in Gauteng and Mpumalanga, which are home to large numbers of people with roots in KZN. This Gauteng surge may partly reflect the emergence of the Congress of the People (Cope)," he noted Sachs said that in addition to the surge in KZN for the ANC, the entry of Cope into the 2009 election, following its formation when Thabo Mbeki stood down as President, boosted the total vote for this bloc. He said if KZN was excluded from the numbers, the surge was still witnessed in support for the ANC in 2009. "The combined vote of the ANC and Cope in 2009 was 10.7-million outside KZN, higher than the vote the ANC had received in the 2004 election. In other words, the creation of Cope (which garnered 1.3-million votes in 2009) probably had the effect of mobilising new voters into the 2009 election," he said. He highlighted that the combination of significant threats to the ANC's KZN base and declining effective turnout in the rest of the country could be fatal for the ANC's majority. If the ANC's support in KZN fell back to pre-Zuma levels, it would have 750 000 fewer votes in that province, a major blow to the ANC nationally, Sachs stated. He noted that the ANC's support as a share of registered votes or as a share of the eligible population had fallen even faster. He added that the result was that active support for the ANC - in the form of voting - had been falling faster than the electoral outcomes suggest. He said less than one-third of the eligible electorate voted ANC in 2019. Meanwhile, he said opposition votes have increased substantially in absolute terms between 2004 and 2014, however the increase slowed into 2019. "While the opposition has gained in percentage terms, this does not reflect an increase in support amongst the whole electorate. In the last two elections, the opposition vote barely kept pace with the increase in registered voters, and opposition support fell as a share of the voting population in the 2019 election," Sachs said.

South Africa's headline consumer inflation fell to 5.3% year on year in March from 5.6% in February, statistics agency data showed on Wednesday. Analysts polled by Reuters had forecast that inflation would slow to 5.4% in annual terms. The South African Reserve Bank (SARB) kept its main interest rate unchanged at 8.25% last month, saying its policy stance needed to remain restrictive to tackle higher inflation expectations. It expects headline inflation to reach the midpoint of its target range of 4.5% only near the end of 2025. SARB Governor Lesetja Kganyago told Reuters earlier in April that South African policymakers were in discussions to lower the bank's current inflation target range of between 3% and 6% to bring it more in line with peers. On a month-on-month basis, inflation was at 0.8% in March compared to 1.0% a month before, Statistics South Africa said.

Statistics South Africa will announce March's consumer price inflation figure tomorrow and it will be closely watched by economists. The hope is that February's 5.6% would be the highest point for the year and that the inflation rate will now slowly decrease again. However, the macro figure hides an important story. The Pietermaritzburg Economic Justice and Dignity Group's Household Affordability Index shows that especially households that receive the minimum wage are hit very hard by inflation. This episode is supported by the NWU Business School.

South Africa's consumer inflation ticked up for the second month in a row in February, moving closer to the central bank's upper target, which economists say could mean a longer wait for rate cuts this year. Headline consumer inflation rose to 5.6% year on year from 5.3% in January, Statistics South Africa data showed. Key contributors to the annual inflation rate included food, housing, transport and miscellaneous goods and services, which include medical insurance, according to its report. The South African Reserve Bank, which targets inflation of between 3% and 6%, will announce a monetary policy decision next week. The higher inflation print was considered a surprise by some analysts, who said this could further delay interest rate cuts by the central bank. "The news doesn't bode well for expectations of rate cuts in our local economy for the first half of 2024," said Shaun Murison, senior market analyst at IG. A February poll showed the central bank is expected to wait until at least the third quarter of this year before announcing any rate cuts. David Omojomolo, Africa Economist at Capital Economics, said the stronger-than-expected inflation number gave impetus to the central bank to hold until after the national elections on May 29. "Officials will want to see some clarity in the make-up of the next government and the direction of fiscal policy before feeling comfortable lowering interest rates," Omojomolo said. Core inflation, which excludes food and fuel prices, accelerated in February to 5.0% in annual terms from 4.6% in January.

Statistics South Africa will announce February's consumer price inflation figure later today and economists expect inflation to be higher again. This could mean that repo rate cut we are all hoping for is delayed a little longer. This episode is supported by Economic Research Southern Africa and the NWU Business School.

African National Congress (ANC) national spokesperson Mahlengi Bhengu-Motsiri has opined that through the party's election manifesto, the ANC is working to secure a renewed mandate from South Africans to accelerate the country's economic growth and job creation efforts. She said it was only through a sustained period of economic growth that the party would be able to transform the country's economy, reduce unemployment and ensure a better life for all. The ANC noted the latest Statistics South Africa report which indicated that the South African economy grew by 0.6% in 2023. This compared with 1.9% growth in the previous year. Bhengu-Motsiri praised "the ongoing economic programme of the ANC-led government" following the release of the Statistics South Africa report, and said the party's programmes prioritised interventions to promote growth. She said investment in South Africa's present and future was key to unlocking higher levels of economic growth and job creation. The party believes that through structural reforms, investment conferences, and close, ongoing work with business and labour constituencies, "investment levels are steadily being raised". "Sectors that contributed to growth during 2023 were finance, real estate, and business services; transport, storage and communication; personal services and manufacturing," Bhengu-Motsiri said. She acknowledged the negative effects of loadshedding on South Africans and the economy, and said through the "determined implementation" of the country's Energy Action Plan, the ANC aimed to bring an end to the era of loadshedding. "The ANC is determined to turn this situation around and restore the energy security that is required to grow our economy and accelerate employment creation, especially for young people," she said. Bhengu-Motsiri explained that the ANC would also expedite the implementation of the Freight Logistics Roadmap to ensure the improved performance of the rail and ports logistics sectors, weak performance of which contributed to the slow growth in the economy last year.

Nhlanhla Sehume Statistician-General, Risenga Maluleke about the latest GPD data. South Africa's economy grew by a marginal 0.1% in the fourth quarter, taking the annual growth rate for 2023 to 0.6%, reportedly averting a technical recession. Real gross domestic product in the fourth quarter was R1.158 bn. Statistics South Africa says this figure is above the pre-COVID-19 reading of R1.150 bn.See omnystudio.com/listener for privacy information.

Nhlanhla Sehume speaks to Statistician-General, Risenga Maluleke about the latest GPD data. South Africa's economy grew by a marginal 0.1% in the fourth quarter, taking the annual growth rate for 2023 to 0.6%, reportedly averting a technical recession. Real gross domestic product in the fourth quarter was R1.158 bn. Statistics South Africa says this figure is above the pre-COVID-19 reading of R1.150 bn.See omnystudio.com/listener for privacy information.

South Africa's economy escaped a technical recession in the fourth quarter as fewer rotational power cuts helped energy-intensive industries including mining and manufacturing rebound. Gross domestic product expanded 0.1% in the three months through December, compared with a contraction of 0.2% in the prior quarter, Statistics South Africa said in a report released in the capital, Pretoria, on Tuesday. That undershot the 0.2% median estimate of 12 economists in a Bloomberg survey. Growth for the full year was 0.6%, compared with 1.9% in 2022. Other sectors that contributed to growth in the fourth quarter included finance and transportation. The figures are likely to be used by opposition parties to attack the ruling African National Congress (ANC) handling of the economy before a general election on May 29. Opinion polls show support for the ANC dipping below 50% for the first time since it came to power in 1994. The economy's lackluster performance last year was partly caused by logistical challenges at state-owned port and rail operator Transnet that hobbled exports and held up materials and goods needed for production. The number of ships waiting to berth at the Port of Durban, which handles the largest volume of sea-going traffic of any port in Southern Africa, stood at more than 60 vessels in mid-November before being reduced to just 12 by the end of January. The logistical constraints and almost daily power cuts will likely continue to weigh on economic growth in the near term. The National Treasury expects the economy to grow 1.3% this year - insufficient to address rampant unemployment and poverty. Household spending, which comprises about two-thirds of GDP, rose 0.2% in the quarter, after declining a revised 0.2% in the prior period.

South Africa's Gross Domestic Product (GDP) increased by a mere 0.1% in the forth quarter of 2023. That is according to figures released by Statistics South Africa on Tuesday, which found that leading contributing industries to the marginal growth were Finance, Real Estate, business services with transport and communication recording the biggest increase of 2.9% in the fourth quarter which equates to 0.2 of a percentage point to GDP growth.  Exports of goods and services increased by 0,6 percent, largely influenced by increased trade in prepared foodstuffs, beverages and tobacco; vegetable products; chemical products; and base metals and articles of base metals. Sakina Kamwendo spoke to Statistician-General of South Africa, Risenga Maluleke.

Yesterday, Statistics South Africa released January's production price index figure. Producer price inflation rose from 4% in December to 4.7% in January. The PPI basket and weights were adjusted for final and intermediate manufactured products. This episode is supported by the NWU Business School.

A report released by Statistics South Africa shows that rape cases for children increased by 6,3 percentage points between 2015/16 and 2019/20, whilst sexual assault cases for children increased by 1,4 percentage points. The search for little Joshlin Smith continues. Tensions rose in the area yesterday after the search by the search party was called off. The Marshalltown fire Inquiry continues. City officials continue giving testimonies. SARS demands that Sasfin pay R4.9 billion regarding dodgy clients.See omnystudio.com/listener for privacy information.

Rape and sexual assault cases against children are on the rise. A recent report released by Statistics South Africa shows rape cases for children increased by 6-point-3 percentage points between 2015/16 and 2019/20. Rape cases were most common in Kwazulu-Natal, while sexual assault cases were more prevalent in the Western Cape. Now for more on this Elvis Presslin spoke to Child Rights activist, Joan Van Niekerk

The official unemployment rate was at 32,1 % in the fourth quarter of 2023. According to data released by Statistics South Africa, the unemployment rate among the Black African population group remains higher than the national average and other population groups, at 36,1%. This as, Anglo American Platinum has announced that it is set to cut three-thousand-700 jobs in South Africa as the mining company attempts to improve performance. Amplats says it aims to cut jobs after a sharp drop in platinum metal prices, which had led to a collapse in profits last year. We are now joined on the line by Labour Lawyer and Analyst Michael Bagraim 

Tourism in South Africa is booming according to the recent numbers released by Statistics South Africa. International tourist arrivals from January to December 2023 totalled 8.5 million, representing a remarkable 48.9% increase when compared with same period in 2022. Of the 8.5 million visitors just over 2 million are from the African continent. To further discuss this Elvis Presslin spoke to Department of Tourism Spokesperson, Tasneem Carrim

In a first, South Africans living and working abroad can now register online to vote in this year's provincial and national elections. This weekend, on 26, 37 and 28 January, they will also have the opportunity to register in person at diplomatic missions. However, Chief Electoral Officer Sy Mamabolo said that in-person registration will not be available for South Africans in Israel, Ukraine and Israel as the Department of International Relations and Cooperation, which are their overseas partners, has indicated that these three diplomatic missions are not operational. In an interview with Biznews, Mamabolo said that he would however encourage voters in those countries to register online in the event of any changes to the security situation. He said Statistics South Africa has estimated that approximately 2 million South Africans are living abroad, but in the 2019 elections only 19,000 votes were cast ‘out of country.' He expressed the hope that there are going to be many expats taking part in the coming elections more this election as it is now much easier to register for the elections. Overseas voters would still have to go to diplomatic missions to vote on the day and the IEC indicated that it would not be able to increase the number of voting stations, as requested by the Democratic Alliance, without legislative amendment. Mamabolo said he was encouraged by the trend of increased registration among young people, noting that 78% of new registrations during the registration weekend in November were from the youth. Despite some uncertainties, Mamabolo said the IEC was ready for the election which could for the first time have a two-page ballot. He also revealed that Elon Musk's Twitter or X has “been a bit difficult” and have not signed a cooperation agreement that the IEC negotiated with other tech giants to combat misinformation.

Basic Education Minister, Angie Motshekga has tabled before Parliament, her department's policy on the prevention and management of learner pregnancy in schools. The policy aims to, amongst other things, prohibit the expulsion of pregnant learners from schools and to provide them with pre and post-natal support. According to research conducted by Statistics South Africa, 4 percent of learners between the ages of 14 and 19 years fell pregnant between the year 2018 to 2022.  The Basic Education Department now wants proactive support for learners who fall pregnant. Sakina Kamwendo spoke to Deputy Director for  Learner Pregnancy Prevention and Management at the Department of Basic  Education, Busisa Nokama. 

The Reserve bank's monetary policy committee is expected to announce its decision on interest rates this afternoon. This comes as data released by Statistics South Africa shows that consumer price inflation moderated from five-point-five percent in November, to five-point-one percent in December 2023. Inflation averaged six-percent in 2023, lower than six-point-nine percent in 2022. Elvis Presslin spoke to Frank Blackmore, Lead Economist at KPMG South Africa

Statistics South Africa is announcing the December consumer price inflation rate today and economists expect it to have declined to 5.2, or 5.3%. Yet, household inflation expectations is at 6.3% and when you go shopping, it seems that everything is a lot more expensive. This is the difference between lived experience and statistics. This episode is supported by Economic Research Southern Africa and the NWU Business School.

Inflation is expected to decline further after slowing to five-point-five percent in November 2023. This comes as Statistics South Africa prepares to release the consumer price inflation figure this week.  The Reserve Bank's Monetary Policy Committee is also expected to make a rates announcement later this week, while the producer price inflation numbers for December are also due out this week.  SABC reporter, Naledi Ngcobo has more.

Guest: Patrick Kelly, chief director of price statistics - Stats SASee omnystudio.com/listener for privacy information.

Statistics South Africa has published the results of the Quarterly Labour Force Survey (QLFS) for the third quarter of 2022.See omnystudio.com/listener for privacy information.

Guest: Patrick Kelly | Chief Director at Stats SASee omnystudio.com/listener for privacy information.

New data released by Statistics South Africa highlights the extent to which the early childhood development (ECD) sector was affected by two years of the Covid-19 pandemic So, on this hour we talk to Kentse Radebe, Innovation Director, DG Murray Trust, about unlocking the potential of South Africa's early childhood development sector.See omnystudio.com/listener for privacy information.

Guest: Patrick Kelly is The Executive Manager at Statistics South Africa. He joins The Afternoon Drive to make a plea to South Africans – and especially Capetonians ­to partake complete the CENSUS. See omnystudio.com/listener for privacy information.

South Africa's unemployment rate rose to a record high of 35.3% in the last quarter of 2021, with job losses mainly recorded in the manufacturing and construction sectors. Statistics South Africa however still sees light at the end of the tunnel with statistician general Risenga Maluleke saying that employment will improve when the country's economy returns to pre-Covid-19 levels. Business Day TV spoke to Nthabiseng Moleko, Development Economist at Stellenbosch Business School, about what the data means for economic growth going forward.