2014-07-10
Fixed investment in KwaZulu-Natal is suffering due to the lack of confidence in the South African economy as a result of the protracted strike in the platinum industry. The total investment index of the latest KwaZulu-Natal investment index, as compiled by Mike Schüssler of Economists.co.za, declined by 4.3% year-on-year, the 11th consecutive month of decline. Quarter-on-quarter fixed investment fell 0.8%.
Dr Clive Coetzee
General Manager: Infrastructure Management and Economic Services
KZN Provincial Treasury
Economist (PhD UKZN)
033 897 4538