9/16/2023 0 Comments Calibre academy surprise calendarLearn to future-fit your business in these crucial workshops from Saipa and Invictus Leader The minister said this kickstarted the journey towards Sead-SA. The cities explained that this meant that they were making policy, planning and investment decisions on modelled and incomplete data, largely accessed at a cost from the private sector.” “Metros did not know where firms and jobs were located within their boundaries and how firm and employment activity changed over time. “The problem they wanted solved, was the lack of spatialised economic activity data in South Africa. The launch, he said, represents an important milestone on a journey that started about nine years ago, when the metropolitan municipalities lobbied national government to make available national administrative data sets that could assist them in making sense of their city economies. “The Sead-SA programme is a key step toward achieving these lofty aims and making sure that these allocated funds and efforts are well-targeted,” said the minister. “The Economic Reconstruction and Recovery Plan, announced by President Cyril Ramaphosa in October 2020, went further, emphasising the need for targeted investments in urban infrastructure, services, and housing.ģ strategic measures to protect businesses from the impact of a weakening rand Targeted investments in urban infrastructure The creation of disaggregated and granular economic data are essential for monitoring changing economic conditions as well as sectoral and spatial shifts over time.Īddressing the official launch of the programme on Monday, minister of finance Enoch Godongwana said as far back as the Reconstruction and Development Plan (RDP), government recognised that urban areas, particularly metropolitan areas, were key centres of economic activity, employment, and innovation, and that by addressing spatial inequalities and creating sustainable human settlements, it could achieve inclusive and sustainable growth. Sead-SA is a new initiative that addresses the gaps that exist between the local economy of cities and the wider economic geography of the country by leveraging tax and other administrative data sources.įor the first time, granular spatial data exists to help inform vital policy, planning and research questions about urbanisation uneven development territorial disparities and productivity and economic conditions of municipalities, cities, towns and suburbs/wards.
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