Village
NEWS The
Cape Whale Coast
29 November 2016
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SPOTTED OWL
TOBIAS KOTZÉ
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Family roosts in Fisherhaven garden
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Overstrand economy remains prosperous De Waal Steyn
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ith one of the best ever tourist seasons expected this year, the Overstrand is gearing itself to remain one of the most attractive areas in the country to live in. Not only is the region one of the fastest growing in the country, it has also proven its mettle by showing constant economic growth over the last few years. In the period 2010 to 2013, gross domestic product growth for the region was 5,4%. In 2015 the economy grew by 1% to R13,02 billion, says Overstrand Manager for Local Economic Development, Xolile Kosi.
PADDLING INTO SEASON: For those of us who are looking for a relaxing and easy way to enjoy some water fun, Walkerbay Adventures will offer stand-up paddleboarding on the Klein River Lagoon from 9 December. An instructor will teach you the basics, followed by an hour-long tour around the lagoon’s waterways. All you need is a swimming costume and an adventurous spirit. Graham Tjabrink and his dog Jordy had a taste of what it feels like to explore the lagoon standing up. For more information, contact Herman on 082 739 0159.
“Close on 90 000 people, consisting of almost 30 000 households, call the Overstrand home. We have a matric pass rate of 86,4% and a literacy rate of 87,5%. The biggest contributors to the economy are the finance, insurance, real estate and business services sector, contributing R3,1 billion,
followed by the wholesale and retail, catering and accommodation sector that contributes R2,38 billion to the economy,” says Xolile.
Overstrand Municipal Area will amount to R444 million, with allocations for 2017/18 amounting to R493 million and R619 million in 2018/19.
The top employment sectors (both formal and informal) are agriculture, forestry and fishing and the wholesale and retail trade, while the construction (7,1%), commercial services (6,3%) and manufacturing (4,6%) sectors show good growth.
In terms of tourism, the UK, Germany and the Netherlands ranked as the region’s top three countries of origin for tourists over the past six years. Scenic drives (26,9%), cultural/heritage experiences (13,4%), outdoor activities (12,1%), cuisine (7,4%) and wine tasting (5,8%) ranked as the top 5 activities undertaken in the Overberg region.
“Export growth in the region between 2010 and 2015 grew by 6% while imports over the same period grew by 11%. In 2015 the UK was the top destination for Overberg exports, while Nigeria was the fastest growing market for exports from the region – growing by a phenomenal 228% between 2010 and 2015. In 2015 the top source markets for imports to the Overberg were China, followed by Australia and France,” he says. Interestingly frozen fish was the largest import to the Over-berg, valued at R30 million. During the 2016/17 period, provincial spending in the
According to Xolile unemployment is one of the biggest challenges facing the region. “With an unemployment rate of 28%, we are faced with the harsh realities of life. Therefore the Municipality and the private sector need to work together to create employment opportunities. To facilitate the necessary growth and development of the region, the consultation process for the Integrated Development Plan for 2017 to ’22 started last week. Read more about this on P3.