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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><strong>INK</strong> has seen significantly lower real GDP growth, <strong>and</strong> has a drastically lowerper capita GDP than both the municipality <strong>and</strong> the province<strong>INK</strong> GDP has grown by an estimated 1.1% annually, while growth averaged 3.4% for theentire eThekwini DM; however, employment growth has been next to zero for both areasR<strong>and</strong>s(Billions)3.02.52.01.5<strong>INK</strong> GDP (Constant 2000 Prices): 1995-2004CAGR (1995-2004) = 1.1%2.19 2.24 2.232.35 2.39 2.42CAGR(%)5%4%3%2%1%1.1%Real GDP Growth3.4%3.0%1.3%3.6%3.7%<strong>INK</strong>EthekwiniDMKZN1.01995 1997 1999 2001 2003 20040%1995 - 2004 2000 - 200440,0002004 GDP per Capita (at 2000 Prices)<strong>INK</strong>3%Employment Growth30,00020,00010,00005,25730,54718,029EthekwiniDMKZNCAGR(%)2%1%0%0.90%0.62%0.29%0.06%1995 - 2004 2000 - 2004<strong>INK</strong>EthekwiniDMNote: Data are based on estimates from Quantec modelSource: QuantecUUP-WRD-<strong>INK</strong> Profile-301106-IS31

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