

Gauteng economy to show growth in 2009
Mon, 24 Aug 2009 14:07TradeInvestSA Staff
The Gauteng economy will continue to show growth in 2009, despite the global economic crisis and the wider South African economy being in a recession.
The Gauteng Provincial Economic Review and Outlook (Pero) has reported that the province would see economic growth rate fall to 2.1% in 2009, down from 3.2% the year before. Gauteng Pero also forecast that by 2012 growth should recover to 4.4%.
The stronger performance has been helped by large scale expenditure on infrastructure programmes across the country in time for the 2010 World Cup, with many of these projects taking place within Gauteng.




