Today’s post by Jan-Hendrik Pretorius shows that Statistics South Africa’s data reveals minimal growth in capital stock and declining investment in several industries in South Africa since 2010. While the capital stock has grown rapidly in the electricity and water and community services industries, it has declined sharply in business services. Capital expenditure has decreased across several industries, particularly in electricity and water and mining and quarrying. Notably, there are significant discrepancies between industry capital stock and investment estimates provided by the SARB and Statistics South Africa. For more details, refer to this earlier post.
