KZN Provincial Treasury Lack of reliance on mining to benefit KwaZulu-Natal longer term2012-09-20 KwaZulu-Natal’s economy did not benefit from the same bounce-back in mining production as most of the inland provinces, and this affected the province’s short-term growth in recent months. Going forward, the lack of reliance on mining will most likely benefit the provincial economy.
The latest KwaZulu-Natal barometer, as compiled by Mike Schussler of Economists.co.za, increased by 7.1% year-on-year, but was negative on a month-on-month and quarter-on-quarter basis. The KwaZulu-Natal growth index increased by 6.6% year-on-year in July, and was 17.1% up from three years ago, but was also negative on a month-on-month basis and stayed unchanged on a quarter-on-quarter basis. Click on below link to view article: KZN Business Barometer July 2012 - 0.5 Mb
Dr Clive Coetzee
General Manager: Infrastructure Management and Economic Services
KZN Provincial Treasury
Economist (PhD UKZN)
033 897 4538
http://www.kzntreasury.gov.za/ |
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