MOMENTUM / UNISA SOUTH AFRICAN HOUSEHOLD WEALTH INDEX Q4 2013 (10-04-2014)
According to the Q4 Momentum/Unisa Household Wealth report, household net wealth is estimated at R7 044 billion in Q4 2013, which represents a year-on-year increase of 10.1%. Stock markets have remained robust in spite of economic setbacks.
HOUSEHOLD WEALTH RESEARCH DIVISION WORKSHOP (10-06-2014)
The Household Wealth Research division held an enjoyable and insightful workshop on the 9th of May 2014. Click here for the PDF brochure summarizing the contents of the workshop.
CONSUMER FINANCIAL VULNERABILITY INDEX, Q1 2014 (19-05-2014)
The pressure on South African consumers' cash flow mounted further during the first quarter of 2014 (Q1 2014). The South African Reserve Bank's decision on 30 January 2014 to increase the repo rate by 50 basis points caused consumers - especially those with debt and already over-indebted - to feel less in control of their finances during Q1 2014.
MBD's Consumer Financial Vulnerability Index (CFVI) declined to 50.2 points during Q1 2014 from 52.0 points in Q4 2013 and shows that consumers' cash flow has now been under pressure for two years. The CFVI reflects consumers' perception regarding the state of their cash flow position which is constantly influenced by macro- and micro- economic factors.
CONSUMER FINANCIAL VULNERABILITY INDEX, Q4 2013 (20-02-2014)
Prof Bernadene de Clercq presented the Consumer Financial Vulnerability Index, Q4 2013 at MDB House, HydePark. South African consumers were more financially vulnerable in 2013 compared to 2012 - in fact, MBD's Consumer Vulnerability Index (CFVI) shows that comsumer financial vulnerability was at its lowest in 2013 since the economic recession in 2009. The CFVI for the fourth quarter (Q4 2013) improved somewhat, indicating that consumers perceived their cash flow to be under less strain compared to the previous quarter.
INDUSTRY STAKEHOLDER RELATIONSHIP BUILDING (14-02-2014)
On 14 February 2014 the Bureau of Market Research (BMR) hosted its annual Research Projects Committee meetings with industry. Based on industry needs, the BMR will conduct the following research projects for its four syndicate research members during 2014.
POPULATION, HOUSEHOLD AND DWELLING UNIT PROJECTIONS 2011-2021 (05-12-2014)
This research report presents projections of households and dwelling units from 2011-2021 nationally, provincially and by district municipality for South Africa. The advantage of population, household and dwelling unit estimates produced by the BMR is that they produce estimates up to district and local municipality levels. Projections at sub-provincial level are ideally suited for business strategists to revise current demographic variable estimates and to do more confined developmental planning and policy formulation. The study was compiled by Prof EO Udjo (Director: Demographic Research Division).
CONSUMER FINANCIAL VULNERABILITY INDEX, Q3 2013 (26-11-2013)
The Quarter 3 2013 results of the CFVI show that the majority of South African consumers continue to endure cash flow pressure. Compare to previous quarters implying that they struggled even more to balance their finances. MBD Credit Solutions’ Consumer Financial Vulnerability Index (CFVI) declined further to 45.9 points in Q3 2013 from 46.7 in Q2 2013. It is also lower than the 47.9 points registered in Q3 2012 and 54.3 points of Q3 2011, suggesting a worsening trend.
BMR ANNUAL REVIEW MEETING (08-11-2013)
The BMR held another successful Annual Review of its activities on 25 October.
The diverse range of research reports produced by the BMR in 2013 offers an ideal reservoir for quality business intelligence on household income, expenditure, assets, liabilities, demographic trends (population and household estimates), economic and business prospects and sectoral trends as well as consumer and business behavioural patterns and trends in South Africa.
As part of establishing its brand identity, the BMR adopted the ‘meerkat’ as personification of ‘researchers’ continuously on the lookout for information, working collectively as a productive team, consisting of established to developing researchers, who consistently produce relevant and outstanding, valid, reliable and noteworthy research that impact on society. The ‘meerkat motto’ sums up this appropriate personification.
Respect the elders, teach the young, cooperate with the family, play when we can, work when we should, rest in between, share our affection, voice our feelings, and leave our mark.
Prof Tustin’s report, which is self-explanatory and informative.
HAPPINESS INDEX 2012 (18-03-2013)
The South African Constitution recognises societal aspirations for a just and prosperous society as central to influencing change in society for the betterment of all. The influence of the graduate workforce is an important agent in attaining this lofty ideal. Against this background, the first ever Happiness Index model for South Africa was pioneered by the Bureau of Market Research (BMR) at the University of South Africa (Unisa). The study investigates both affective and evaluative happiness in so far as measures of day-to-day joys and satisfaction with one’s place in society are analysed.
BMR UNISA RETAIL SALES FORECAST FOR 2013 (18-03-2013)
The Bureau of Market Research (BMR) at the University of South Africa (Unisa) estimates formal retail sales to grow in real terms by 4.5% in 2013. Although this forecast is positive it is slightly lower than in 2011 and 2012 when real retail sales increased by 6.0% and 5.7% respectively.
EVALUATING THE DEMOGRAPHIC, ECONOMIC AND SOCIOECONOMIC ASPECTS OF THE 2011 SOUTH AFRICA CENSUS (27-02-2013)
Censuses worldwide contain errors but the magnitude of the errors differs from one country to the other. The BMR evaluation indicates that, as with other censuses elsewhere in the world, the 2011 South Africa Census contains certain strengths and weaknesses. In this regard it would appear that overall the 2011 census was plagued by less coverage of males relative to females but the age distribution from the census was reasonably good.
CONSUMER FINANCIAL VULNERABILITY INDEX, QUARTER 4, 2012 (12-02-2013)
The pressure on consumers’ cash flow remains high and the outlook for 2013 is not necessarily looking any brighter. This is due to numerous factors, including the fact that the slow economic growth that South Africa experienced in 2012 is expected to continue into 2013. However, the low interest rate environment, which is expected to continue for the majority of this year, has provided some relief to consumers as they are trying to repay their debt burden. This helped them to feel less vulnerable.
SOUTH AFRICAN HOUSEHOLD WEALTH INDEX, QUARTER 3, 2012 (12-02-2013)
South African households experienced a sharp increase in their wealth in the third quarter of 2012 (Q3 2012) despite a spree of violent labour strikes. In real terms – which exclude the impact of price increases - South African households’ wealth increased at the most rapid quarterly rate since Q3 2010, whilst when measured at current prices (nominal terms) it experienced the fastest quarterly growth rate since Q4 2011.
PROFILE OF THE FORMAL BUSINESS SECTOR IN SOUTH AFRICA, 2006-2010 (12-02-2013)
Business development and growth should be elevated to become one of the SA government’s priority programmes, to urgently address the below average entrepreneurial and business performance of the country. Worldwide, there is a growing awareness that the promotion of productive and innovative entrepreneurship and new firm formation and growth is the only means of achieving sustainable global economic recovery and growth.