2013_14 IDP Review.pdf - KZN Development Planning

The confirmation of the district as the potential mining hub under Special EconomicZone initiative will further accelerate growth in this particular sector. However, thefeasibility studies to be conducted by Department of Economic Development will assistin establishing the feasibility of the mining sector under Umzinyathi DistrictMunicipality.Figure 54: Umzintathi DM’s Share of the National Mining TotalSource : Global Insight of SA (1996 – 2011)As it can be seen for the period of 1996 – 20122, there have been one period ofpositive growth namely 2007 onwards. The average annual growth rate for this sectorfrom 1996 to 2009 was -10.7% per annum.8.4.7 Informal SectorThe following figure illustrates the total employment in the informal sector from 1996 to2011. In 1996 a total of 4,061 people were employed in the informal sector whichgrew to 6,625 in 2001 and declined to 5,581 in 2009.Draft 2013/14 IDP Review Page 134Prepared by Umzinyathi District Municipality22 March 2013