Economy slips into recession

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Results for: Statistics South Africa gross domestic product, fourth quarter 2017

Economy slips into recession

Economy slips into recession

The South African economy contracted by 1,4% in the fourth quarter of 2019, following a contraction of 0,8% (revised) in the third quarter.1 Transport and trade were the main drags on overall activity, according to the latest gross domestic product (GDP) figures. Seven of the ten industries contracted in the fourth quarter. Finance, mining and   read more »


Statistician-General to release Gross domestic product (GDP), Q4 2017

MEDIA INVITE                                                                                                              read more »


Mining: a brief history

Mining: a brief history

The 1970s are best remembered for disco, bell-bottoms, and the mesmerising lava lamp. It was also the decade that saw South African mining forge ahead in its influence on the economy and employment. How has the economy in general, and mining in particular, shifted since then? Mining’s contribution to total economic production climbed in the   read more »


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Ezingoleni

Ezinqoleni Local Municipality (KZ 215) is one of the six local municipalities that form part of the Ugu District (DC 21). This municipality is located on the south-western boundary of the Ugu District, adjacent to the west of the Hibiscus Coast Municipality and east of the uMuziwabantu Municipality.

The Ezinqoleni Local Municipal offices are situated within the Ezinqoleni settlement that is located some 40 kilometres west from Port Shepstone along the N2 national highway. The Ezinqoleni municipal area is 649 km2 (64 900 hectares) in extent with the major land uses in the area being tribal settlements, smallholdings and commercial farming. The Ezinqoleni Local Municipality is the smallest municipality in the district, and accounts for approximately 14% of the Ugu District area.

Approximately 35% of the municipality's total area can be classified as residential or smallholding areas, while the remaining 65% of the land is dedicated to agriculture/conservation and other non-residential land uses.

The Ezinqoleni Local Municipality constitutes a Category B municipality as determined by the Demarcations Board, falling within the ambit of a collective executive system municipality as described in the KwaZulu-Natal Determination of Types of Municipality Act, 2000.

The Ezinqoleni Local Municipality consists of 5 wards with 9 councillors (i.e. 5 Ward Councillors and 4 proportional representative Councillors).

(Source: www.ezinqoleni.gov.za)

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Hibiscus Coast

The South Coast is the second largest domestic tourism market after Durban, with about 2,2 million visitors annually. The towns along the coast are popular holiday resorts that offer a wide range of sports amenities and recreational activities.

However, the rural areas that now form part of the municipality are relatively underdeveloped. Much property growth is currently underway with the establishment of new shopping complexes and residential developments.

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Vulamehlo

The Vulamehlo Local Municipality forms part of the  Ugu District Municipality. It is located south of the eThekwini Metropolitan Municipality and is bordered by Umdoni Local Municipality to the east, Mkhambathini and Richmond local municipalities to the north, and Ubuhlebezwe Local Municipality to the west. The municipal area is predominantly tribal with common tribal land patterns. There are, however, also a few scattered pockets of privately owned land throughout the municipal area. The dispersed, low-density settlement pattern makes the provision of physical and social infrastructure (roads, water, electricity, clinics, schools, and police stations) difficult and the cost of installation, maintaining and operating the infrastructure very high. The Vulamehlo Local Municipality is one of the localities within the Ugu District that are hardest hit by high unemployment levels, poverty, and a negative economic growth rate. (Source: www.kzncogta.gov.za)read more »


Impendle

Impendle  local Municipality is located on the south western boundary of the uMgungundlovu District, and shares a boundary with the Sisonke District to the south and the KwaSani Municipality, which includes towns such as Underberg  and Himeville. To the north is the uMngeni which is closely tied to Impendle in terms of agriculture and potential tourism (Midlands Meander), and to east the Msunduzi Municipality which is the capital of the province and the economic hub of the District. To the west is District Management areas of the Drakensberg that fall under the Transfrontier Development Initiative related to the World Heritage Site. (uMgnugndlovu District Municipality IDP 2012/13).

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Msunduzi

Pietermaritzburg, the second largest city in KwaZulu-Natal, falls within the boundaries of Msunduzi municipality. The city is both the administrative and legislative capital of the province, which boosts investor confidence, resulting in the city's economy growing at an astounding rate. Pietermaritzburg is more than just a favourable investment destination; it is one of South Africa's most desirable residential cities with well-laid-out suburbs (uMgungundlovu District Municipality IDP 2012/13).read more »


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