Local Economic Development

Local Economic Development (LED) is perceived as a continuous process that enables the utilization of localized resources by various investors, key stakeholders and the community to create sustainable formal and informal trading businesses that enable wealth generation together with the creation of jobs. It is further viewed as a mechanism that reduces poverty within an area while reducing or removing economic & social imperatives that hinder both economic and social development and growth. LED further enhances the Gross Domestic Product contribution to the District, Province and National Economies.

The council of Dannhauser, together with its Executive Management, conducted its strategic session which amongst other key service delivery aspects, undertook to assess the performance of its Local Economic Development KPA with the intention of developing a strategic direction upon which clear objectives and key deliverables would be formulated in order to improve its performance on this aspect. The strategic session was undertaken in the 2018/19 financial year, and implementation of the agreed outcomes of the session commenced.

During 2016/17 financial year, the municipality reviewed its Local Economic Development Strategy in compliance and response to the MEC’s comment and in full recognition of the current turbulent economic environment. The strategy undertook a holistic and more practical approach in setting the new tone and new developmental economic agenda for the town and its rural surroundings. It further integrated some of the initiatives and strategic thrusts from the district plans that are relevant to Dannhauser in order to ensure vertical and horizontal alignment. The review report was submitted to the Land and Resource Portfolio Committee as part of the stakeholder consultation process. Further stakeholder consultation has commenced through the advertisement of the draft review report for public inputs and comments in the local newspaper as well as the municipal website.

The strategic focus is on high potential sectors and initiatives in order to limit the over planning on unachievable programmes. As a result, there is more biasness to Agricultural, Industrial and mining sectors. The municipality has further deemed it necessary to develop and growth the tourism sector due to the available biological assets and other related assets, and the inclusion of the informal trading sector as more community households are partaking in it. The predicament currently faced by the business community is to witness the dwindling fortunes and prospects of the town without any formal response from government to present economic stimulating measures; this is further demised by the poor dilapidating public and economic infrastructures.

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