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Work Programme - Statistics South Africa

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1.5.1.1 Economic growth and transformation<br />

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coherence and international best practices. These frameworks are supported by international organisations such as the<br />

OECD, UNSD and IMF, which are critical role players in the global economy. Our interaction with other countries, as<br />

manifested in international trade, investment and economic growth, is reliant on accurate and comparable statistics. This<br />

forms the basis for robust decision-making on economic growth.<br />

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In the 2010/11–2014/15 strategic plan Stats SA sets out to implement the new system of national accounts. The system<br />

of national accounts (SNA) is the framework that guides all activities for measuring economic growth in the country as<br />

produced by various organs of state in the statistics system. At present, <strong>South</strong> <strong>Africa</strong> follows the 1993 SNA. The 2008<br />

SNA has, however, recently been approved by the United Nations and countries have embarked on the implementation of<br />

the new framework.<br />

20<br />

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<br />

<br />

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the development of new IT systems related to the Business Register, the basis of all economic statistics. The third phase<br />

is to conduct a Census of all businesses<br />

against the administrative taxation data that is typically used to update the register. It aims to provide each business entity<br />

Census of businesses also provides an<br />

<br />

<br />

<br />

well as to preserve time-series.<br />

A capacity-building project has been established to ensure that human capacity is developed that can enhance the current<br />

skills-base and provide a broader understanding and production of national accounts statistics. A project plan for the<br />

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<br />

<br />

<br />

<br />

for international trade and investment.<br />

The lack of funding prohibits the organisation to expand the statistical information base in depth, breadth and geographic<br />

spread in relation to economic growth and transformation, price stability and employment and job creation, as the<br />

<br />

<br />

becoming inaccurate and irrelevant over the medium term.<br />

the <strong>South</strong> <strong>Africa</strong> I know, the home I understand

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