Gross Geographic Product (GGP) provides a measure of the total and sectoral economic activity happening on an annual basis within the local municipalities of South Africa. It reflects the market value in Rands of all final goods and services produced and sold within a local municipality. It is used to reflect the ability of areas to create their own economy activity that is needed to sustain the livelihoods of people living in that area. GGP is calculated by combining all
The sectors and their components that are provided
Agriculture, forestry and fishing
Mining and quarrying
Manufacturing
Electricity, gas and water
Construction
Wholesale, retail, and motor trade; catering and accommodation
Transport, storage and communication
Finance, real estate and business services
Personal services
General government services
President Jacob Zuma at the ANC's 100 year celebrations identified unemployment, poverty and inequality as the three greatest issues needing South Africa's attention. According to a BizCommunity press release he was also quoted as saying that "as we move into the future...
In the New Partnership for Africa's Development (NEPAD) the leaders of the continent have agreed that for the future development of Africa there is a need for: