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LOCAL ECONOMIC DEVELOPMENT STRATEGY

Page 1 of 56 Steve Tshwete LOCAL Municipality | 1st Draft LED STRATEGY 2015/2020 STEVE TSHWETE LOCAL MUNICIPALITY LOCAL ECONOMIC DEVELOPMENT STRATEGY 2015 2020 Page 2 of 56 Steve Tshwete LOCAL Municipality | 1st Draft LED STRATEGY 2015/2020 Table of Contents ABBREVIATIONS .. 4 TABLES .. 5 FIGURES .. 5 CHAPTER 1 .. 6 INTRODUCTION .. 6 Purpose of STRATEGY .. 7 Methodology .. 7 Location of the Municipality: Strategic CHAPTER 2 .. 11 2. SITUATIONAL ANALYSIS .. 111 What is LOCAL ECONOMIC DEVELOPMENT ? .. 111 Guiding Principles .. 111 sector Opportunities .. 122 Labour Profile .. 133 DEVELOPMENT and Income Profile .. 144 Human DEVELOPMENT Index (HDI) .. 144 Gini-Coefficient .. 144 Poverty Rate .. 155 Household Income.

(IDP), formulate a framework to investigate further sector opportunities and formulate priorities. It is an important tool in creating sustainable local economies. It is a planning process of ensuring that the environment continues to bear the required outputs. It is used to integrate diverse sector strategies into one plenary tool.

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