2012-03-19
Healthy growth in KwaZulu-Natal
The current growth cycle in the KwaZulu-Natal economy might have passed its high, but the cycle is still in good health and its recovery and growth side will last for some time to come.
The KwaZulu-Natal barometer, as compiled by Mike Schüssler of Economists.co.za, grew by 8.9% year-on-year in January. Although this was the slowest growth in four months, it was still encouraging as the barometer was 29.7% up from three years ago. The barometer’s 4% month-on-month growth and 6% quarter-on-quarter growth were the strongest growth figures in a year.
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KwaZulu-Natal Business Barometer Jan 2012.docx
In general the economy and its prospects are improving.
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