The GDP stats points to a meandering economy. Dont think this year will be very different. Unfortunately the recovery will be stumped by the oil issue.

Oil is estimated to average $107 during March. Oil are now 32% higher than a year ago and 130% than in 2009. Will be inflationary. Not what we want for sure.

The air passenger market has recovered and has seen some very positive growth. As a consequence of the consumer increasing in confidence and expenditure. KSIA is doing very well.



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KZN GDP Model.xls
KZN JSE Listed Companies.xlsx -
KZN Airports Movements.xlsx -