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.