Fixed investment in KwaZulu-Natal had a good first quarter in 2013 and showed strength despite a lot of negative economic news, according to the latest Fixed Investment Monitor as compiled by Mike Schüssler of Economists.co.za. Although there are several negative aspects in the KwaZulu-Natal economy and in the fixed investment sphere, the province’s total investment index grew 4.8% year-on-year in March, its best performance in six months. Quarter-on-quarter total fixed investment in KwaZulu-Natal was up 3.6%.
Fixed investment drives job creation in an economy, so this growth in fixed investment could help improve KwaZulu-Natal’s employment situation in the medium term. South Africa is importing more than it is exporting at the moment, and this is evident in the provincial investment monitors. However, as long as it is capital goods which are being imported (which is used in fixed investment), this is not a big concern.

For further info, click on link:
Investment Monitor - 0.4 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/