Fact-a-day

Big business?

September 19th, 2014

Estimates as to the size of the informal economy in South Africa range from R120bn to R690bn. The truth is, nobody really knows. (UCT Unilever Institute, Connecting with the Majority Report 2014)

This week’s theme: Connecting with the Majority

Communicate

September 18th, 2014

Only 3% of South African adults living in households earning less than R6,000 per month speak English as a first language. (UCT Unilever Institute, Connecting with the Majority Report 2014, AMPS2013B)

This week’s theme: Connecting with the Majority

Help granted

September 17th, 2014

Social grants account for over half of all income for households earning less than R6,000 per month. (UCT Unilever Institute, Connecting with the Majority Report 2014, National Income Dynamic Survey 2013)

This week’s theme: Connecting with the Majority

World Wide What?

September 16th, 2014

Over 80% of South African adults living in households earning less than R6,000 per month have never accessed the internet.(UCT Unilever Institute, Connecting with the Majority Report 2014, AMPS2013B)

This week’s theme: Connecting with the Majority

Survivors

September 15th, 2014

Over 67% of all South African households get by on less than R6,000 per month. (UCT Unilever Institute, Connecting with the Majority Report 2014, National Income Dynamic Survey 2013)

This week’s theme: Connecting with the Majority

Undercut

September 12th, 2014

When Shoprite launched its money transfer service in 2006 it cost R9.99 to use the service. At the time, the Post Office money transfer cost R16.50 plus 3.5% of the amount sent. Today the Shoprite transfer still costs R9.99, paid by the sender. (Eighty20 Money Transfers Survey. Data gathered, analysed and presented by Eighty20, see the results here: http://bit.ly/1s8jn8O)

This week’s theme: Money Transfers

Cross sell

September 11th, 2014

In a survey of 985 users of Shoprite Checkers money transfer services 18% of respondents said that they always buy something in store when conducting a money transfer. Almost 70% said they sometimes do and 14% said they never do. (Eighty20 Money Transfers Survey. Data gathered, analysed and presented by Eighty20, see the results here: http://bit.ly/1s8jn8O)

This week’s theme: Money Transfers

Hurry up and wait

September 10th, 2014

In a survey of 985 users of Shoprite Checkers money transfer services 42% of respondents say they wait between 30 minutes and an hour on average in the queue at the Shoprite Money Market counter. A further 25% of respondents say they wait an hour or more on average. (Eighty20 Money Transfers Survey. Data gathered, analysed and presented by Eighty20, see the results here: http://bit.ly/1s8jn8O)

This week’s theme: Money Transfers

Don’t bank on it

September 9th, 2014

In a survey of 985 users of Shoprite Checkers money transfer services 90% of respondents who send money have a bank account. 86% of those who receive money have a bank account (Eighty20 Money Transfers Survey, download here: http://bit.ly/1s8jn8O)

This week’s theme: Money Transfers

Overtime

September 5th, 2014

South African adults employed in private enterprises work on average 46 hours per week. This is 6 hours more per week than those employed in national, provincial or local government. (LFS 2014 Q2)

This week’s theme: Labour Force