Lekwa Local Municipality 2013/14 - Co-operative Governance and ...

“To be the leading, people centered municipality excelling in economic growth, development and governance”3.2.10 POVERTY AND INEQUALITYTABLE 12: POVERTY AND INEQUALITY• Gini-coefficient of 0.62 in 2011 – improved slightly and better than district and equal toprovincial level.• Poverty rate of 42.3% - 54 425 poor people (11.2% of Gert Sibande’s 487 146 poor in 2011).• The poverty gap was R106 million in 2011 – increasing trend.• One of the least deprived areas in the province according to Oxford University Index.3.2.11 ECONOMIC INDICATORSTABLE 13: ECONOMIC INDICATORS• Expected to record 2.8% GDP growth per annum over the period 2011-2016 – lower than districtand provincial figures – only 0.7% per annum historic growth for the period 1996-2011.• GVA in 2011 – R7.2 billion at current prices and R3.7 billion at constant 2005 prices.• In 2011 Lekwa contributed 3.3% to Mpumalanga’s GVA – decreasing contribution since 2001 –ranked no 7 of the 18 municipal areas.Contribution by Local Municipal Areas to Gert Sibande’s industries46 | P a g e - D r a f t i n t e g r a t e d D e v e l o p m e n t P l a n 2 0 1 3 / 2 0 1 4