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Thabo Shole Mashao in for Clement Manyathela speaks to Matthew Parks, the Cosatu Parliamentary coordinator about the increase in South Africa’s official unemployment rate. The Clement Manyathela Show is broadcast on 702, a Johannesburg based talk radio station, weekdays from 09:00 to 12:00 (SA Time). Clement Manyathela starts his show each weekday on 702 at 9 am taking your calls and voice notes on his Open Line. In the second hour of his show, he unpacks, explains, and makes sense of the news of the day. Clement has several features in his third hour from 11 am that provide you with information to help and guide you through your daily life. As your morning friend, he tackles the serious as well as the light-hearted, on your behalf. Thank you for listening to a podcast from The Clement Manyathela Show. Listen live on Primedia+ weekdays from 09:00 and 12:00 (SA Time) to The Clement Manyathela Show broadcast on 702 https://buff.ly/gk3y0Kj For more from the show go to https://buff.ly/XijPLtJ or find all the catch-up podcasts here https://buff.ly/p0gWuPE Subscribe to the 702 Daily and Weekly Newsletters https://buff.ly/v5mfetc Follow us on social media: 702 on Facebook https://www.facebook.com/TalkRadio702 702 on TikTok https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702 See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Koketso Mano, Senior Economist at FNB, about the surprising drop in consumer inflation to 2.7% in March, the lowest in five years, according to Stats SA data. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.Thank you for listening to The Money Show podcast.Listen live - The Money Show with Stephen Grootes is broadcast weekdays between 18:00 and 20:00 (SA Time) on 702 and CapeTalk.There’s more from the show at www.themoneyshow.co.zaSubscribe to the Money Show daily and weekly newslettersThe Money Show is brought to you by Absa.Follow us on:702 on Facebook: www.facebook.com/TalkRadio702702 on TikTok: www.tiktok.com/@talkradio702702 on Instagram: www.instagram.com/talkradio702702 on X: www.x.com/Radio702702 on YouTube: www.youtube.com/@radio702CapeTalk on Facebook: www.facebook.com/CapeTalkCapeTalk on TikTok: www.tiktok.com/@capetalkCapeTalk on Instagram: www.instagram.com/capetalkzaCapeTalk on YouTube: www.youtube.com/@CapeTalk567CapeTalk on X: www.x.com/CapeTalk See omnystudio.com/listener for privacy information.
Volgens Statistieke Suid-Afrika het likwidasies in Februarie met 1,4-persent toegeneem vergeleke met dieselfde tydperk verlede jaar. Likwidasies van beslote korporasies het met vier gevalle toegeneem, en likwidasies van ondernemings het in hierdie tydperk met twee gevalle afgeneem. Die syfers vir die eerste twee maande vanjaar toon ook 'n effense afname van 0,4-persent vergeleke met vroeg verlede jaar. Onica Mushwana van Stats SA sê likwidasies het die afgelope drie maande met 12,5-persent afgeneem:
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.
Nosipho Radebe speaks to Frank Blackmore, Economist at KPMGSee omnystudio.com/listener for privacy information.
Today on The Midday Report, host Mandy Wiener covers the latest news, including updates on EMPD’s illegal protest which caused havoc on Johannesburg’s roads. She also gives an update on the February inflation numbers released by Stats SA. Meanwhile, the Health Minister claims that the private sector has distanced itself from the fight against TB. Former South African Airways (SAA) board member Yakhe Kwinana faces allegations of extortion, intimidation and malicious property damage. The DA is back in court over the ANC’s cadre deployment policy. Listen live - The Midday Report with Mandy Wiener is broadcast on weekdays from noon to 1:00 pm on 702 and CapeTalk.See omnystudio.com/listener for privacy information.
Shifting Social and Cultural Dynamics in South Africa: Stats SA Report Reveals Key Trends by Radio Islam
Clement Manyathela hosts the first unemployment hour for 2025, a platform for unemployed graduates to market themselves to potential employers and for employers to locate the skills and talent they require for their business. See omnystudio.com/listener for privacy information.
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.
Nhlanhla Sehume speaks to Patrick Kelly, Chief Director for Price Statistics at Stats SASee omnystudio.com/listener for privacy information.
The unemployment rate has decreased to 31.9 percentage points in the fourth quarter, a 0.2 percentage drop from 32.1 percent in the third quarter. This was announced by Stastician-General, Risenga Maluleke a short while ago from Pretoria in Tshwane. This becomes the second decease in unemployement since the third quarter of the year 2023. Maluleke explains. Jon Gericke spoke to Mphahlele Ndlovu from the Department of Financial Intelligence at Unisa
Patrick Kelly, Chief Director of Price Statistics at Stats SA, joins John Maytham to unpack the latest updates to the Consumer Price Index (CPI) basket. He explains how the inclusion of items like air fryers and streaming services, alongside the removal of landlines and post boxes, reflects shifting consumer habits.See omnystudio.com/listener for privacy information.
Stephen Grootes speaks to Patrick Kelly, Chief Director of Price Statistics at Stats SA, about the updated consumer price index (CPI) basket and weights, reflecting changes in South African households' spending habits, ahead of tomorrow's crucial interest rate announcementSee omnystudio.com/listener for privacy information.
Nosipho Radebe speaks to Risenga Maluleke, Statistician General at Stats SASee omnystudio.com/listener for privacy information.
The Briar Foundation has been created to assist learners and equip them with the knowledge they need to adopt an entrepreneurial mind- set, before they leave high school and enter the job market. The Briar Foundation operates at grass roots level to communicate with Learners about how to use entrepreneurial thinking in their future careers. According to Stats SA there is a 45,5% unemployment rate among young individuals (aged 15-34 years). The chances of young learners landing and keeping a job are greatly influenced by education levels. Irene and Brian OxleySee omnystudio.com/listener for privacy information.
Economists have welcomed the latest drop in consumer price inflation which is a a four year low from three-point-eight percent in September to two-point-eight in October 2024. The CPI now stands at its lowest since June 2020 during the COVID 19 pandemic when the rate was two-point-two percent. Falling fuel prices remain the primary factor behind the slowdown. Here is Patrick Kelly, Chief Director for Price Statistics at Stats SA explaining. Sakina Kamwendo spoke to Chief Economist at Efficient Group, Dawie Roodt
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...
Listener Question Topic: Understanding how Stats SA collects data on jobs and GDP Guest: Desree Manamela - Stats SA Bokang Lopolesa -Stats SA
Total employment increased by 42 000 or 0,4% quarter-on-quarter, from 10-million 674-thousand in March 2024 to 10-million 716-thousand in June 2024. According to Stats SA this is largely due to an increase in Community Services industry with 92 000 or 3,1%. However, there was a decrease in Manufacturing, Business services, Mining, Transport, Trade and Construction. Stats SA Director responsible for Quarterly Employment Statistics Matlapane Masupye elaborates and Bongiwe Zwane spoke to the Chief executive of Labour Law Management Consulting, Ivan Israelstam
Minister in the Presidency, Khumbudzo Ntshavheni says the cabinet is pleased with the economic indicators from Stats SA, and the performance of state-owned enterprises. Ntshavheni was briefing the media on outcomes of the cabinet meeting held on 18 September 2024. She says Eskom performance will contribute in the industrialization drive.
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
South Africa's economy has shown signs of recovery, with a 0.4% growth in GDP for the second quarter of 2024, following stagnation in the first quarter. According to Stats SA this rebound is largely attributed to the absence of load-shedding, which previously hampered production. Seven out of ten industries contributed positively, including finance, manufacturing, and trade. For more on this Elvis Presslin spoke to Redge Nkosi, Executive Director and Head of Research on Money, Banking and Macroeconomics, at Firstsource Money...
South Africa's gross domestic product (GDP) increased by 0,4% in the second quarter of 2024. This follows a 0,0% growth in the first quarter of 2024. The finance, real estate and business services industry increased by 1,3%, contributing 0,3 of a percentage point to the GDP growth. Increased economic activities were reported for financial intermediation, auxiliary activities, real estate activities and other business services. Here is the Chief Director for National Accounts at Stats SA, Bokang Vumbukani-Lepolesa
Criminologist Dr Guy Lamb weighs in on the 2023/24 victims of crime report that was released by Stats SA yesterdaySee omnystudio.com/listener for privacy information.
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.
Stephen Grootes speaks to Alan Winde, Premier of the Western Cape, about the devastating impact of incorrect data from Stats SA on urban planning and resource allocation in cities, highlighting the need for accurate statistics to inform effective governance.See omnystudio.com/listener for privacy information.
Stats SA Faces Crisis: Census 2022 Employment and Income Data Withdrawn Amid Quality Concerns by Radio Islam
Stephen Grootes speaks to Statistician-General Risenga Maluleka about the concerns raised in the latest Consensus Report, delving into the key findings and implications for South Africa's economic and social landscape.See omnystudio.com/listener for privacy information.
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
The City of Johannesburg, in Gauteng has requested that Stats SA correct Census 2022 figures where the city's population was recorded as being 20% smaller it actually is. SAFMNews Sakina Kamwendo spoke to the City's Group Head Strategist, on Policy Coordination and Relation, Zade Ibrahim and Statistician General, Risenga Maluleke.
The annual consumer price inflation is now at 5.1% in June 2024, down from 5.2% in May. This is expected to provide some relief for consumers as inflation eased. Stats SA has released data today , which shows that inflation has remained outside the central bank's midpoint target of four-point-five per cent. The rate for food and non-alcoholic beverages also edged lower to four-point-six per cent last month after stalling at four-point-seven per cent in May and April. It is the lowest since September 2020. Here is Patrick Kelly, Chief Director for Price Statistics at Stats SA
The Medical Research Council says the 2022 South African census is unfit for purpose and may not be reliable as a source for planning and resource allocation. This follows a report by the Council which reveals that the Stats SA 2022 census population estimates of 62 Million people is overrated by a million people and that there are material discrepancies at district and municipal level. Half of this excess is attributable to overestimates of the Indian, Asian and white population groups. Sakina Kamwendo spoke to Tom Moultrie, professor of demography at the University of Cape Town.
The SA Municipal Workers' Union (Samwu) has reached a one-year pay deal for a 7% raise for workers in the water industry represented in the Amanzi Bargaining Council. The growth rate surpasses the inflation rate of 5.2% observed in April and May. The largest municipal union, Samwu, which represents more than 160,000 of the almost 300,000 municipal employees in the nation, and the water boards of South Africa have an agreement that will last from July 1 to June 30, 2025. Speaking about this arrangement with host Motheo Khoaripe is national media officer Papikie Mohale. The escalation of geopolitical risks brought about by the continuing conflicts, which started with Russia's invasion of Ukraine and proceeded with the outbreak of hostilities in the Middle East. Due to this, there is now a greater demand for gold, which is often regarded as a safe haven asset. The rush for protection, the increase in gold recycling, worries about inflation, and central bank purchases are additional motivators. Morningstar South Africa's Senior Investment Analyst Michael Kruger goes into further detail on this in a lengthy interview with host Motheo Khoaripe. In May 2024, mining production decreased. Seasonally adjusted mineral sales at current prices decreased by 8.0% from April 2024 to the same month in 2024. Nonetheless, sales did exhibit a noteworthy trend, increasing by 9.8% in May compared to April. Following monthly fluctuations of 8.9% in March and -0.2% in April, this occurred. Host Motheo Khoaripe chats with Sitef & Co. founder and director Mihlali Sitefane to provide more details. In South Africa, there have been several odd weather events in recent months. These have included tornadoes that are unique in the KwaZulu-Natal area of South Africa, floods in the Eastern Cape, and mid-latitude cyclones in the Western Cape. The increase in global temperature resulting from a rise in carbon emissions is one of the primary causes of climate change. 2024 is one of the two years in which temperatures have reached record highs. Lee-Anne Bac, Director, Tourism Specialist Unit, BDO South Africa, talks about the extent of the damage with host Motheo Khoaripe. Scientists have criticized the government's most recent census, arguing that it is so flawed that it cannot be relied upon to track the success of critical programs like children's vaccinations or to allocate cash and resources. Stats SA's projection of 62 million people for the 2022 census is exaggerated by one million, and there are similarly significant discrepancies at the district and municipal levels. Dr. Pali Lehohla, a former statistician-general from South Africa, shares the tale with host Motheo Khoaripe. See omnystudio.com/listener for privacy information.
The government's most recent census has come under fire from scientists, who claim it is so faulty that it cannot be trusted to allocate funds and resources or track the effectiveness of important initiatives like childhood immunisations. The 62 million persons estimated for the 2022 census by Stats SA is inflated by one million, and there are similar substantial differences at the district and municipal levels. Former South African statistician general Dr. Pali Lehohla recounts the story with host Motheo Khoaripe. See omnystudio.com/listener for privacy information.
Mining experts and host Bruce Whitfield discuss BHP's final attempt to acquire Anglo American. The bid was rejected by the mining giant and the state-owned Public Investment Corporation, which owns over 7% of Anglo American. Anglo American Plc's second-largest shareholder stated that BHP Group's takeover offer needs a “meaningful revision,” making these public comments just hours before the deadline for BHP to either commit to an offer or withdraw. Liandra da Silva, Economist at Nedbank, and host Bruce Whitfield analyze the latest inflation figures. According to Stats SA, consumer prices saw minimal movement in April, with headline inflation slowing to 5.2%, down from 5.3% in March. This aligns with economists' expectations for headline inflation to remain steady after its first decrease in 2024, from 5.6% in February. Jonathon Liebmann, founder of BlackBrick, is The Money Show's Shapeshifter. He talks with host Bruce Whitfield about his career and founding BlackBrick, which has quickly become Africa's fastest-growing apartment hotel brand since 2019. With properties in Sandton and Foreshore, and a new hotel in Bedfordview, BlackBrick plans to expand to Gardens by February 2025 and Umhlanga by December 2025, establishing a strong nationwide presence. See omnystudio.com/listener for privacy information.
Liandra da Silva, Economist at Nedbank, and host Bruce Whitfield analyze the latest inflation figures. According to Stats SA, consumer prices saw minimal movement in April, with headline inflation slowing to 5.2%, down from 5.3% in March. This aligns with economists' expectations for headline inflation to remain steady after its first decrease in 2024, from 5.6% in February.See omnystudio.com/listener for privacy information.
Hilary Joffe, columnist and editor-at-large at Business Day discusses the recent data from Sars and Stats SA offering insights into emigration, spotlighting a growing diaspora of over 900,000 individuals with Motheo Khoaripe. While illuminating, the findings underscore the complexities of migration dynamics and the departure of skilled professionals, prompting critical economic and policy consideration Professor Adrian Saville, Economics and Finance at GIBS, and host Motheo Khoaripe explore China's economic challenges, questioning whether they will disappoint its people and anger the world. This marks China's most significant economic test since Deng Xiaoping's reforms. Despite achieving 5% growth last year, key elements of its economic success are faltering, including a shrinking workforce, a property market crash, and the breakdown of global trade. President Xi Jinping's response involves doubling down on efforts to overhaul China's economy. Kojo Bafoe, an author and aficionado of cigars, along with host Motheo Khoaripe, review the Aganorsa Leaf Cigar. The unique taste of this brand originates from the Nicaraguan Cuban-seed Corojo 99. Aganorsa Leaf cigars are celebrated for their rich and complex flavour profiles, making them a favourite among cigar enthusiasts worldwide. The brand's commitment to using premium ingredients and traditional techniqueSee omnystudio.com/listener for privacy information.
Before the Covid-19 pandemic devastated the country, the number of employed persons in the country was at 16.4 million and with the recent STATS SA release the number has slightly increased to 16.7 million, which is higher than the 16.4 million recorded before COVID-19 hit us. The youth aged between 15 and 34 years old are the ones that are tremendously locked out of opportunities. This means 43.4% of the youth are unable to contribute meaningfully to the economy. This evening on our profile interview we talk to Stephen A. Newton - MD of Aleph who represent X, TikTok, Snapchat, Spotify in Africa, about unlocking Africa's Digital Potential. It's not all doom and gloom there are opportunities, they are just not the traditional kind. It's online, and it's social media! He writes really interesting articles on LinkedIn and is very passionate about up skilling the African Youth who by approximately 2050 will be the workforce of the world in the future. Social media channels are fast becoming an opportunity for employment - he can talk exclusively about this region and investment retailers are making in Africa alone on Twitter, Snapchat, Yahoo & Spotify.See omnystudio.com/listener for privacy information.
South Africa's manufacturing sector has been on a downward trend for 16 years, according to Stats SA, with the industry shedding almost 309,000 jobs over the period. So, what can get the cogs turning again? To find out Business Day TV spoke to Philippa Rodseth from the Manufacturing Circle.
Stats SA reveals an uptick in immigrants in its latest census for 2022 by Radio Islam
The Ministry of Justice and Correctional Services provides a status update on extradition cases from and to South Africa.Stats SA released the quarterly employment figures for the second quarter. Mandy's book of the week: "Statues and Storms” by Max Price. See omnystudio.com/listener for privacy information.
Chris Gilmour, independent investment analyst looks at the conditions that led to the sale of Heineken in Russia. On The Money Show Explainer, Werner Ruch, project director for income and expenditure at Stats SA on how the government agency collects meaningful data such as job numbers that informs policy. For Friday File, Nina Duarte, co-founder of Journey Leather on why everyday essentials should be luxurious and specialSee omnystudio.com/listener for privacy information.
The NEWS24 Silenced Series which looks into the murder of Babita Deokaran takes us through how President Cyril Ramaphosa authorised a SIU probe into Tembisa Hospital's R1 billion extraction networks. A shootout ensued in the early hours of the morning in Riverlea, police are on site to monitor the situation. Stats SA announces a drop in the unemployment rate. The number has gone from 32.9% in the first quarter to 32,6% in the second quarter of 2023. See omnystudio.com/listener for privacy information.
Recent data from Stats SA shows that life expectancy for South Africans has increased: Natasha Huggett-Henchie – NMG Benefits.
Dr Thabi Leoka, Independent Economist analyses the latest Gross domestic product (GDP) figures. Stats SA has announced that economic growth was 0.4% in the first quarter of the year. It said that improved manufacturing output and the finance industry contributed to the country's economic rebound. Premier Group (maker of Iwisa, Sunflower and Rascals) posts an almost 40% jump in annual profit despite increasing commodity prices and rising inflation. Kobus Gertenbach, Premier Group's CEO takes Bruce Whitfield through the headwinds the company faces. Robin-Leigh Chetty, Editor at Hypertext on Apple unveiling of its augmented reality headset called, Apple Vision Pro Investment School - Risk management techniques when investing with Petri Redelinghuys , Founder at Herenya Capital Advisors See omnystudio.com/listener for privacy information.
Nicky Weimar, chief economist at Nedbank explains whether there's anything to celebrate in quarter three job numbers. Zeng Msimang, Harambee's chief communications officer on what the government should do to improve youth employment in South Africa, which is dire, according to Stats SA's latest dataset. Tshifhiwa Tshivhengwa, CEO at Tourism Business Council of South Africa looks at global tourism recoveries and examines if SA is lagging behind or ahead of the recovery curve. “Keep your powder dry”: In Investment School Justin Spencer-Young, lecture of business finance at Gordon Institute of Business Science discusses why you should have cash in hand waiting in the side lines as an investment strategy. See omnystudio.com/listener for privacy information.
Evan Walker, portfolio manager at 36ONE Asset Management analyses the impact of load-shedding on the commercial sector. Carel de Jager, research group leader for Blockchain technology at CSIR on FTX contagion spread as another crypto Genesis halts withdrawals. Then Business Day's new sheriff, Alexander Parker was our shapeshifter for the week, he spoke about his career and the state of journalism. See omnystudio.com/listener for privacy information.
Guest: South Africa is still battling to recover from last year's devastating travel red listing, but there's a glimmer of good news on the domestic tourism front. Stats SA released its latest Tourism and Migration statistics for July 2022 on Tuesday. Allan Wantenaar is the Vice President for HTI Consulting, and he joins Mike to discuss the results of the study.See omnystudio.com/listener for privacy information.
Patrick Kelly, chief director at Stats SA and Razia Khan, chief economist Africa and Middle East Global research at Standard Chartered Bank looks at South Africa's rising inflation —- and how it differs from other emerging markets. Dr Terence McNamee, global fellow of the Africa program at The Wilson Center looks at how creative destruction can end South Africa's governance crisis. Greig Jansen, CEO of Pura Beverages is our shapeshifter for the week. See omnystudio.com/listener for privacy information.
Stephen Van Coller, CEO at EOH on turning the tide at the company and their debt concerns. De Beer, DDG responsible for economic statistics at Stats SA on whether their data reflects the accurate size of the country's economy. Pieter de Villiers, co-founder and CEO at Clickatell is our shapeshifter for the week. See omnystudio.com/listener for privacy information.