Limpopo Business 2016-17 edition
The 2016/17 edition of Limpopo Business is the eighth issue of this highly successful publication that, since its launch in 2007, has established itself as the premier business and investment guide to the Limpopo province. Limpopo is unique in terms of its abundant natural and human resources, and is also one of the key drivers behind the South African economy. This edition of Limpopo Business is officially endorsed by the Office of the Premier of Limpopo.
The 2016/17 edition of Limpopo Business is the eighth issue of this highly successful publication that, since its launch in 2007, has established itself as the premier business and investment guide to the Limpopo province.
Limpopo is unique in terms of its abundant natural and human resources, and is also one of the key drivers behind the South African economy.
This edition of Limpopo Business is officially endorsed by the Office of the Premier of Limpopo.
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SPECIAL FEATURE<br />
This vision statement encapsulates the expectation<br />
that, by 2030, <strong>Limpopo</strong> will have a public<br />
service that meets the best standards of governance,<br />
citizens that are educated, skilled, healthy and<br />
self-reliant, and that there is a labour force that is<br />
fully productive and gainfully employed, with an<br />
infrastructure that is capable of promoting and sustaining<br />
an innovative local and regional economy<br />
for the benefit of all the province’s diversified communities<br />
in a responsible and sustainable manner.<br />
The LDP also acknowledges that a critical condition<br />
for job creation is improved levels of education<br />
and skills development, and human resource development<br />
has therefore been identified as one of the<br />
key priorities. The aim is to reduce the unemployment<br />
rate to 14% (down from 16.9% in <strong>2016</strong>). Education is<br />
seen as an opportunity for the future generations to<br />
enjoy access to economic mobility and success. The<br />
LDP aims to achieve this by improving the educational<br />
quality in order to be globally competitive and to provide<br />
high-quality early childhood education by 2030.<br />
During the 2015 State of the Province Address<br />
(SOPA), Premier Mathabatha announced that the<br />
LDP would underpin 10 High Level Development<br />
Targets to be attained by 2020. These targets are:<br />
• The achievement of an economic growth rate<br />
of 3% revised in the light of the current performance<br />
of the global economy<br />
• The creation of 429 000 jobs<br />
• Increased access to basic water from 83% in<br />
2014 to 90%<br />
• Increased access to electricity supply from 83%<br />
in 2014 to 90%<br />
• Increased access to sanitation from 43% in<br />
2014 to 50%<br />
• Increased Matric Pass Rate from 72% in 2014<br />
to at least 80%<br />
• Increased Geographic Gross Product contribution<br />
to the national GDP from 7.15% in 2014<br />
to 9%<br />
• Reduction of the unemployment rate from 16.9%<br />
in 2014 to 14%<br />
21 LIMPOPO BUSINESS <strong>2016</strong>/<strong>17</strong>