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Limpopo Development Plan

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Limpopo Development Plan Cover Page 1 | P a g e FOREWORD The 2019 Socio-Economic Review and Outlook seeks to synthesise the provincial economic development factors to gauge development progress overtime. The province has been addressing the social challenges such as unemployment, income inequality and poverty guided by the implementation of the Limpopo Development Plan. Progress was achieved, albeit, more still needs to be done to ensure general equality promulgated by the Sustainable Development Goals that envisages a state of society where living conditions and resource use continue to meet human needs without undermining the integrity and stability of the natural system. The international economy is currently characterized by sporadic trade tensions and unstable geo political environment that is sending waves of uncertainty to all the countries. Inevitably, uncertainty disturbs economic stability particularly in developed economies with high dominance on less diversified export. Given these vulnerabilities, African economies in particular need to constructively form a resilient inter regional pan African economy that will address development challenges facing the continent The provincial economy showed good resilience in the last few years by showing positive growth and it expected to continue this growth performance. The difficult economic conditions place a bigger emphasis on the implementation of sound fiscal policy by Limpopo Treasury. As the province gears itself for the new Medium Term Strategic Framework cycle, it will be imperative to acknowledge progress attained so far and the backlogs that are still remaining and set out clear government actions to take in enhancing the lives of the people of Limpopo. ____________________ Pratt GC CA (SA) Head of Department Limpopo Provincial Treasury 2 | P a g e TABLE OF CONTENTS FOREWORD ......................................................................................................... 2 ABBREVIATIONS...................................................................................................... 9 CHAPTER 1: ECONOMIC OVERVIEW ............................................................... 11 1.1 Introduction ................................................................................................. 11 1.2 World Economic Overview .......................................................................... 11 1.2.1 World Economic growth rate ................................................................. 11 1.2.2 World Investment Overview .................................................................. 13 1.2.3 World Fiscal Overview .......................................................................... 14 1.3 South African Economic Overview .............................................................. 15 1.3.1 South African growth rate ..................................................................... 15 1.3.2 Gross Fixed Capital Formation (GFCF) ................................................ 16 1.3.3 Business Confidence ............................................................................ 17 1.3.4 Consumer Price Index (CPI) ................................................................. 18 1.3.5 Exchange rates ..................................................................................... 19 1.4 Limpopo Economic Overview ...................................................................... 20 1.4.1 Limpopo economic structure ................................................................. 20 1.4.2 Limpopo Economic Growth ................................................................... 21 1.4.3 Conclusion ............................................................................................ 22 CHAPTER 2: DEMOGRAPHIC PROFILE ........................................................... 23 2.1. Introduction ................................................................................................. 23 2.2. South African population ............................................................................. 23 2.2.1. South African Population by province ................................................... 24 2.3. Limpopo population ..................................................................................... 24 2.4. Limpopo district population growth .............................................................. 26 2.5. District population growth rate ..................................................................... 26 2.6. Conclusion .................................................................................................. 27 CHAPTER 3: LABOUR MARKET ....................................................................... 29 3.1. Introduction ................................................................................................. 29 3.2. Unemployment ............................................................................................ 29 3.3. Sectoral contribution to employment ........................................................... 30 3.4. Unemployment rate in the districts .............................................................. 31 3 | P a g e 3.5. Profit, wages and productivity ..................................................................... 32 3.6. Conclusion .................................................................................................. 33 CHAPTER 4: DEVELOPMENT INDICATORS..................................................... 34 4.1. Introduction ................................................................................................. 34 4.2. Income inequality ........................................................................................ 34 4.3. Human Development Index (HDI) ............................................................... 36 4.4. Poverty ........................................................................................................ 37 4.4.1. The Lower Poverty Line in Limpopo ..................................................... 37 4.4.2. Poverty in the districts........................................................................... 38 4.4.3. Climate change and poverty ................................................................. 39 4.5. Crime Outlook ............................................................................................. 39 4.5.1. Crime by Category ................................................................................ 40 4.6. Conclusion .................................................................................................. 40 CHAPTER 5: HEALTH ........................................................................................ 41 5.1. Introduction ................................................................................................. 41 5.2. Public healthcare expenditure per person ................................................... 41 5.3. Level of satisfaction of public and private healthcare .................................. 42 5.4. Medical Aid Coverage ................................................................................. 43 5.5. Medical aid coverage in Limpopo ................................................................ 44 5.6. Disability ...................................................................................................... 45 5.6.1. SA percentage of people with disability ................................................ 45 5.7. Limpopo social grant recipients ................................................................... 46 5.8. Limpopo fertility rates .................................................................................. 46 5.9. South African life expectancy for Male and Female .................................... 47 5.10. Crude birth and death rate .......................................................................... 48 5.11. Limpopo life expectancy for males and female ........................................... 48 5.12. SA HIV Positive estimates .......................................................................... 49 5.13. Limpopo HIV positive estimates .................................................................. 50 5.14. Conclusion .................................................................................................. 50 CHAPTER 6: EDUCATION .................................................................................. 52 6.1. Introduction ................................................................................................. 52 6.2. GDP per capita and Literacy rate ................................................................ 52 6.3. Levels of education ..................................................................................... 53 4 | P a g e 6.3.1. No schooling ......................................................................................... 53 6.3.2. Post Matric Qualification ....................................................................... 54 6.3.3. Learner/ Teacher Ratio ......................................................................... 55 6.4. Conclusion .................................................................................................. 56 CHAPTER 7: BASIC SERVICES ......................................................................... 57 7.1. Introduction ................................................................................................. 57 7.2. Housing ....................................................................................................... 57 7.3. Sanitation ...................................................................................................
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