6 article(s) found...

Highlights of the Eastern Cape Economy First Quarter 2017

Publish Date : 15 Jun 2017
South Africa is in recession. However, none of the nine provinces are in recession. During the first quarter of 2017, South Africa’s economy contracted by 0.7% and the number of people unemployed increased by 433 000. The South African economy moved into recession with the reported decrease of 0.7% in GDP during the first quarter of 2017, following a 0.3% contraction in the fourth quarter of 2016. According to Statistics South Africa, a sharp contraction in both secondary and tertiary sectors tipped South African economy into negative territory in the first quarter of 2017. Trade and manufacturing sectors were the major heavyweights that stifled production, with trade falling by 5.9% and manufacturing by 3.7%.
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Unemployment increases marginally in the 4th quarter of 2016

Publish Date : 15 Feb 2017
The results of the Quarterly Labour Force Survey (QLFS) for the fourth quarter of 2016 released by Statistics South Africa indicated that the number of people employed in the Eastern Cape grew by 5 000 jobs Quarter-on-Quarter (QoQ). The number of job seekers grew by 9 000 QoQ resulting in a slight increase in the unemployment rate by 0.2 of a percentage point to 28.4% in 2016Q4 from 28.2% in 2016Q3.
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ECSECC receives clean audit for the fourth consecutive year

Publish Date : 23 Nov 2016
ECSECC received an unqualified audit opinion from the Auditor General with no matters of emphasis for the 2015/2016 financial year. The Annual Report is available on the ECSECC website. ECSECC was heralded for its achievements at the annual Auditor General's gala dinner. The Premier of the Eastern Cape, Mr Phumulo Masualle accepted a trophy on behalf of ECSECC.
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Leveraging ICT in agriculture to develop rural communities

Publish Date : 12 Apr 2016
On February 18 2016 ECSECC co-hosted the ‘ICT and Agriculture: Realising the Development Dividend’ mini conference with the NEMISA ICT for Rural Development e-Skills CoLab. The mini-conference was addressed by Prof Khaya Mfenyana, Interim Vice-Chancellor at WSU, MEC for Rural Development and Agrarian Reform, Hon Mr Mlibo Qoboshiyane and Ms Vuyo Mahlati, among many others.
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Eastern Cape GDP expands by 1% in the 4th quarter of 2015

Publish Date : 12 Apr 2016
ECSECCs Quarterly Review of GDP shows that Eastern Cape GDP expanded at a rate of 1.0% Quarter on Quarter (QoQ) in 4Q2015. This is down from 1.8% in the preceding quarter. The largest contributions to the increase of Eastern Cape GDP were the trade sector, the government sector and the finance sector.
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The bells toll for you

Publish Date : 15 Nov 2015
ECSECC's Daryl Braam writes in the Mail & Guardian that "the heirs of 1976 are protesting as much about being human as economic and political inclusion"
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