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Ilembe District Municipality – Quarterly Economic Indicators and Intelligence Report: 2Nd Quarter 2012

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Ilembe District Municipality – Quarterly Economic Indicators and Intelligence Report: 2Nd Quarter 2012 iLembe District Municipality – Quarterly Economic Indicators and Intelligence Report: 2nd Quarter 2012 ILEMBE DISTRICT MUNICIPALITY NOVEMBER 2010 QUARTERLY ECONOMIC INDICATORSNOVEMBER 2010 AND INTELLIGENCE REPORT SECOND QUARTER 2012 APRIL-JUNE Enterprise iLembe Cnr Link Road and Ballito Drive Ballito, KwaZulu-Natal Tel: 032 – 946 1256 Fax: 032 – 946 3515 iLembe District Municipality – Quarterly Economic Indicators and Intelligence Report: 2nd Quarter 2012 FOREWORD This intelligence report comprises of an assessment of key economic indicators for the iLembe District Municipality for the second quarter of 2012, i.e. April to June 2012. This is the 6th edition of the quarterly reports, which are unique to iLembe as we are the only district municipality to publish such a report. The overall objective of this project is to present economic indicators and economic intelligence to assist Enterprise iLembe in driving its mandate, which is to drive economic development and promote trade and investment in the District of iLembe. This quarter sees the inclusion of updated annual data for 2011 which was released by Quantec in the first week of August 2012. The updated data shows that iLembe has grown by 2.9% in 2011, up from 2.7% in 2010, with the tertiary sector showing the most significant growth. Manufacturing has been taken over by ‘finance, insurance, real estate and business services’ as the highest contributor to GDP. The unemployment rate has reduced in 2011 to 21.3%, and iLembe has managed to attract 4% more highly skilled workers than the previous year. See further updated annual stats from page 41 onwards. All the regular quarterly statistics are also included from page 15. It is positive to see that while both the BER and SACCI business confidence indices are down this quarter, the iLembe BCI is up to 6.8 points. There has been growth this quarter in the number of building plans submitted and approved, and vehicle sales also continue to show growth. While passenger movement through KSIA is down year on year, volumes of cargo handled at Richards Bay and Durban Ports shows consistent year on year growth. Enterprise iLembe has been busy this quarter. We have created 99 new jobs in agriculture this quarter, adding to the total of 674 jobs in agriculture created to date. Moringa tree plantations that will supply a bio-diesel manufacturing plant have been completed and the building of iLembe’s first winery is underway. See more news and updates on projects in the ‘News’ and ‘Enterprise Ilembe Update’ sections below. Finally, we are excited to announce that EI has gone live with its Twitter and Facebook pages – like our Facebook page by searching for us, or simply following this link: https://www.facebook.com/pages/Enterprise- iLembe/413619951993058 Page | 2 iLembe District Municipality – Quarterly Economic Indicators and Intelligence Report: 2nd Quarter 2012 Table of Contents Foreword ................................................................................................................................................................. 2 Summary of Key Indicators ..................................................................................................................................... 6 Overview of the iLembe District Economy .............................................................................................................. 8 Latest News and Developments within iLembe .................................................................................................... 10 Enterprise iLembe Update (Q2 2012) ................................................................................................................ 13 Section One: iLembe Economic Indicators and Analysis (Quarterly Data) ........................................................... 16 Summary of the State of the Economy: Quarter 2, 2012 .................................................................................. 16 Business Confidence .......................................................................................................................................... 17 Building Plans and New Service Connections for KwaDukuza ........................................................................... 23 Transport Trends ............................................................................................................................................... 27 Employment Indices for South Africa ................................................................................................................ 36 Enterprise iLembe Business Expansion & Retention Survey ............................................................................. 39 Section Two: iLembe Economic Indicators and Analysis (Base Data) ................................................................... 43 Demographic Profile .......................................................................................................................................... 43 Socio-Economic Indicators (2010) ..................................................................................................................... 48 Employment Indicators ...................................................................................................................................... 52 The Informal Economy ................................................................................................................................... 56 Production, Expenditure and Investment .......................................................................................................... 59 ANNEXURE ASSUMPTIONS AND COMPREHENSIVE ECONOMIC INDICATORS ................................................. 67 A1.1 Population and Households .................................................................................................................. 67 A1.2 Racial Profile .......................................................................................................................................... 67 A1.3 HIV and AIDS ......................................................................................................................................... 67 A1.4 Gender Profile ....................................................................................................................................... 68 A1.5 Age Profile ............................................................................................................................................. 68 A1.6 Energy used for Lighting (2010) ............................................................................................................ 69 Page | 3 iLembe District Municipality – Quarterly Economic Indicators and Intelligence Report: 2nd Quarter 2012 A1.7 Type of Toilet (2010) ............................................................................................................................. 70 A1.8 Water (2010) ......................................................................................................................................... 70 A1.9 Type of Dwelling (2010) ........................................................................................................................ 71 A1.10 Education Level (2010) ..................................................................................................................... 72 A1.11 Employment and Unemployment .................................................................................................... 73 A1.12 Employment by type and skill level .................................................................................................. 73 A1.13 Employment by Industry .................................................................................................................. 74 A1.14 Gross Geographic Product by Industry ............................................................................................ 75 A1.16 Expenditure by Category .................................................................................................................. 76 A1.17 Expenditure by sub-category ........................................................................................................... 76 A1.18 Domestic Fixed Capital Investment by Investment Type ................................................................. 78 A1.19 Domestic Fixed Capital Investment by Industry ............................................................................... 78 A1.20 Building Plans KwaDukuza ................................................................................................................ 79 A1.21 New Service Connections KwaDukuza .............................................................................................. 80 A1.22 Airport Passenger Movements ......................................................................................................... 81 A1.23 Port Movements .............................................................................................................................. 82 LIST OF GRAPHS Graph 2 Racial Profile for 2011 ............................................................................................................................. 45 Graph 3 Gender Profile 2011 ................................................................................................................................ 45 Graph 4 Age Distribution for 2011 .......................................................................................................................
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