Inanda, Ntuzuma and KwaMashu (INK) KwaZulu ... - Business Trust
Inanda, Ntuzuma and KwaMashu (INK) KwaZulu ... - Business Trust
Inanda, Ntuzuma and KwaMashu (INK) KwaZulu ... - Business Trust
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Nodal Economic Profiling Project<strong>Business</strong> <strong>Trust</strong> & dplg, 2007<strong>INK</strong>The “<strong>INK</strong> Economy” can be conceptualised as a combination of welfare provision,employment mostly outside of the node, <strong>and</strong> limited internal economic activityThe <strong>INK</strong> economy“Welfare Economy”The“External Economy”The“Internal Economy”zzUUP-WRD-<strong>INK</strong> Profile-301106-ISHigh prevalence ofjoblessness among the<strong>INK</strong> population– Unemployment =40% 1Result is highdependency on socialgrantszz<strong>INK</strong> is essentially aresidential area within thebroader municipality, <strong>and</strong>the vast majority ofresidents who areemployed work outside ofthe nodeIts growth <strong>and</strong> employmentprospects are closelyintertwined with theDurban metro, which itselfis experiencing joblessgrowthNote:1 Among total population aged 15-65. Unemployment is 59% among the economically active population.Source: Stats SA Census 200129zzThere is a limited mix ofinformal <strong>and</strong> formaleconomic activity thatoccurs within the node(predominantly retail /small business)The recentredevelopment of the<strong>KwaMashu</strong> Town Centrehas increased thepresence of, <strong>and</strong> futureprospects for, economicactivity within the node
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