The Acting Chief Economist at Productivity SA, Ms Juliet Mashabela says the South African economy is experiencing a mixed bag of productivity indicators. For 2023 Ms Mashabela  says South African Multifactor Productivity has had a positive increase whilst Labour Productivity experienced a slight drop and Capital Productivity decelerated significantly. Mashabela was speaking ahead of the official launch of the 2023 Productivity Statistics. Members of the media are invited to the launch as follows:

Date: 29 November 2023

Time: 09h00 -11h00

Platform: Join Webinar Link: https://us02web.zoom.us/webinar/register/WN_yLrmoGvUTImDT9uh2tHGTA ​

The Chief Executive Officer (CEO) of Productivity SA, Mr Mothunye Mothiba  says the release of the statistics is key in creating a platform for understanding how an improvement in productivity in the private and public sectors can help spur economic growth in South Africa.

Productivity SA is an entity of the Department of Employment and Labour, established in terms of section 31 of the Employment Services Act, No. 4 of 2014, with the mandate to promote employment growth and productivity, thereby contributing to South Africa's socio-economic development and competitiveness.

For more information, please contact the Productivity SA media liaison office, Maupi Monyemangene, on 0824473232 or send an email: maupim@productivitysa.co.za.

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