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What is GDP and its impact?

What is GDP and its impact?

Government and all businesses, from small to multinational, need the facts on the economy that this release provides. Aneen Jordaan reports The gross domestic product (GDP) of a country is one of the main indicators used to measure the performance of a country’s economy. The Macmillan dictionary defines economy as the system by which a   read more »


Mbalo Brief – June 2013

The month of June is known for cold weather conditions as it marks the beginning of the winter season. To South Africans, June is known as “Youth Month” as it commemorates the youth that raised their voices against the previous government’s education policies. This is the month in which the Soweto uprising occurred 37 years   read more »


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City of Tshwane

The City of Tshwane is the capital of South Africa and is the largest municipality, as measured by land mass. Tshwane is amongst the six largestmetropolitan municipalities in South Africa and the second largest in Gauteng, as measured by Gross Domestic Product (GDP). The Tshwane regioncovers 6 368km of Gautengs 19 055km and houses approximately 2,9million residents.Tshwane consists of seven regions with 105 wards and 210 councillors.

The City has a vibrant and diverse economy, which enables it to contribute at least 26,8% of the Gauteng Provinces GDP and 9,4% of the GDP of the national economy. Tshwane is the administrative capital of South Africa and is home to the Union Buildings with government-related business playing an important role in the local economy. As a result, the city is taking active measures to firmly position itself as Africa's leading capital city of excellence. The municipality's main economic sectors are community services and government, followed by finance and manufacturing. Metal products, machinery and household products are the largest sub-sectors within manufacturing. The City has a well-established manufacturing sector, with the automotive industry representing the most significant component.

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Mfolozi

The municipality is named after the Mfolozi River, and forms part of the Uthungulu District Municipality. The Mfolozi Local Municipality is ideally placed for both industrial and residential development, as well as the expansion of its existing timber industry.read more »


Makhado

Named after a 19th century vhaVenda king, Makhado, who ruled the area for many years, this is a fertile region where litchis, bananas, mangoes and nuts are produced. The national road (N1) runs through the town.

Makhado is situated in a highly fertile, rapidly growing agricultural area; the town has become one of Limpopo's premier business and tourist destinations and is the perfect springboard from which to visit the Songozwi sacred burial site of the vhaVenda, as well as Makhado's 'office', a secluded cave from where the chief conducted his campaign against the Voortrekkers.

The well-known town of Louis Trichardt is situated at the foot of the Soutpansberg mountain range in Limpopo and was developed from the Voortrekker settlement in the area. It was named after the leader Louis Trichardt, who moved away from British rule in the Cape and arrived here in 1836.

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Ubuntu

Ubuntu Local Municipality is a municipality in the Pixley ka Seme District Municipality of the Northern Cape Province of South Africa. It is situated in Victoria West; other towns in the municipality are Richmond, Loxtonand two small railway villages Hutchinson and Merriman. The region forms a part of the Karoo area. The agriculture and tourism industries are supported by the location, topography and climate of the region. A variety of minerals occur in the region yet no mining activities exist. Several applications for uranium prospecting have been submitted to the Department of Minerals and Energy. The new demarcation joined Victoria West, Hutchinson, Merriman, Loxton and Richmond into a single Municipality. Victoria West, situated on the N12, is the main town. Richmond is situated on the N1.read more »


Emthanjeni

Emthanjeni Local Municipality is a category B municipality consisting of three towns: De Aar, Britstown and Hanover. Emthanjeni, and especially De Aar, is renowned for its central location on the main railway line between Johannesburg, Cape Town, Port Elizabeth and Namibia. It is situated in the Pixley ka Seme District Municipality and is the seat of this district. Its location is approximately 300 km south-west of Kimberley, 440 km south-east of Upington, 300 km north-east of Beaufort-West and 300 km south-west of Bloemfontein. The land area comprises 11% of the district land area and 3% of the province. It represents approximately 23% of the district population.read more »


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