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Thread: Surprising stats

  1. #101
    Site Caretaker Dave A's Avatar
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    The proportion of households in LSMs one to three has declined from 36% in 2003 to 20% in 2009. (AMPS - various years. LSM stands for Living Standards Measure and is a frequently used basis to segment the consumer market in South Africa)
    I was trying to work out whether this was good or bad news. It turns out it's good news. Essentially the percentage of people living in poverty is coming down.

    The living standards measure runs from LSM 1 (people with the lowest living standards) to LSM 10 (people with really high living standards).

    I also found this 2004 report on income and expenditure by LSM interesting.

  2. #102
    Site Caretaker Dave A's Avatar
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    92% of urban adults agree with the statement 'It angers me that my taxes are used for luxury cars, body guards and other perks for government officials'.
    At first I wondered who the 8% might be - perhaps government officials who get luxury cars, body guards and other perks?

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    Gold Member twinscythe12332's Avatar
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    Quote Originally Posted by Dave A View Post
    At first I wondered who the 8% might be - perhaps government officials who get luxury cars, body guards and other perks?
    They pay tax?

  4. #104
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    Quote Originally Posted by Dave A View Post
    At first I wondered who the 8% might be - perhaps government officials who get luxury cars, body guards and other perks?
    Some might suggest that the 8% may be the same 8% who gave the ANC their 65.9% majority.

  5. #105
    Email problem daveob's Avatar
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    It might be 1% government officials, 4% bodyguards and 3% luxury car salesmen. This means that each official has 4 bodyguards and 3 luxury cars ?
    Watching the ships passing by.

  6. #106
    Site Caretaker Dave A's Avatar
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    Permanent employment fell in South Africa at an annual rate of 2.4% during August, the 18th consecutive monthly decline. (Adcorp Employment Index, August 2010)

  7. #107
    Site Caretaker Dave A's Avatar
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    34% of Zambian adults live in a household with a TV. In South Africa, the proportion is 85%. (Finscope Zambia 2009, AMPS2010)
    Quite a gap!

  8. #108
    Site Caretaker Dave A's Avatar
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    Last Friday, the prime interest rate dropped to 9% p.a., a level last seen in May 1974. In the interim, it has been as high as 25.5%, in August 1998. (Reserve Bank)
    And yet the property market is probably flatter than it was in the 1998 crash!

    Go figure

  9. #109
    Site Caretaker Dave A's Avatar
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    55% of South African adults have never heard of the National Credit Act or NCA. A further 21% have heard of it but don't understand what it is. (Finscope 2009)
    That leaves 24% who know what it is and understands what it is.

    Of that 24%, I wonder how many actually understand it? Certainly not me - not completely.

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